IOC, BPCL, HPCL Target 22,000 EV Charging Stations In 5 Years Updated On Wed, Nov 10th, 2021 by Saurenergy Indian Oil Corporation (IOC) and two other public sector oil firms will install 22,000 electric vehicle (EV) charging stations over the next 3-5 years to support the nation’s target to reduce its carbon intensity and reach net zero emissions by 2070. IOC, the country’s largest state-controlled refiner by capacity, will set up EV charging facilities […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
ISA Assembly Concludes With Trillion Dollar Pledge For 2030 Updated On Fri, Oct 22nd, 2021 by Saurenergy The fourth General assembly of the International Solar Alliance (ISA) concluded on October 21 with a pledge to achieve the 1 trillion dollar funding target for creating new solar capacity by 2030. Presided by Union Power and New and Renewable Energy Minister R.K. Singh, who is also the President of the General assembly, the funding […] Read more
Log 9 Materials Partners with Fortum India to Develop EV Charging Infra Updated On Wed, Oct 13th, 2021 by Saurenergy Bengaluru-based advanced battery technology startup Log 9 Materials has partnered with the Indian subsidiary of Finnish clean energy company Fortum to deploy and provide access to public fast chargers for two-wheeler and three-wheeler electric vehicles (EVs) in the country. The partnership will be for a duration of at least 24 months and can thereafter be mutually […] Read more
Annual Energy Storage Installations to Exceed 30GW by 2030: IHS Markit Updated On Mon, Oct 11th, 2021 by Saurenergy The global energy storage market continues to prove resilient to the impacts of COVID-19 and supply constraints for Li-ion batteries and will enter a prolonged period of growth this year, with annual installations reaching more than 30 GW by 2030 – up 250% from 2021 levels – according to the latest report from the Clean […] Read more
TVS Motor, Tata Power to Develop EV Charging Ecosystem in India Updated On Tue, Oct 5th, 2021 by Saurenergy Automaker TVS Motor Company and electric utility Tata Power are partnering to drive the implementation of Electric Vehicle Charging Infrastructure (EVCI) across India and deploy solar power technologies at TVS Motor locations. The partnership aims to create a large dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India. This will also give the […] Read more
Zypp Electric Raises About $7 M in Series-A Funding Round Updated On Wed, Sep 29th, 2021 by Saurenergy Hyperlocal and EV-based last-mile delivery start-up Zypp Electric said on Tuesday it has raised around USD 7 million (about Rs 52 crore) in a Series-A funding round amid its plans to expand its fleet to 10,000 vehicles across 25 cities in the next 12 months. The funding round was co-led by 9Unicorns and Anthill Ventures, […] Read more
eBikeGo to Install 1 Lakh Smart EV Charging Stations Across 7 Cities Updated On Tue, Sep 28th, 2021 by Saurenergy eBikeGo, a leading electric two-wheeler mobility platform, has created an economical IoT-enabled smart charging solution, eBikeGo Charge, which can be accessed via the eBikeGo Charge Mobile App. Wi-fi enabled, it can even monitor real-time charging statistics for a seamless charging experience, said the company. Indian 2 Wheeler unit sales stood at 21.2 million units in […] Read more
LG Energy Solution Takes Over US-based NEC Energy Solutions Updated On Wed, Sep 22nd, 2021 by Saurenergy South Korean lithium-ion battery manufacturer LG Energy Solution (LG ES) has acquired US-based sector player NEC Energy Solutions from NEC Corporation for an undisclosed sum. The news was unveiled on Friday by BDA Partners, which served as the exclusive financial advisor to LG on the transaction. Japan’s NEC Corporation has transferred all shares in NEC Energy […] Read more
