EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report Updated On Thu, Nov 14th, 2024 by Saurenergy India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […] Read more
Lohum Inducts Exide Energy’s Arun Mittal As CEO Updated On Thu, Nov 14th, 2024 by Saurenergy Lohum, India’s largest producer and processor of sustainable critical minerals and one of the largest outside China, has announced the appointment of Arun Mittal as the new Chief Executive Officer (CEO) of Lohum India, a part of Lohum Corporation, effective immediately. Mittal joins from Exide Energy, where he served as Managing Director & CEO. Mr. […] Read more
Powering India’s Net-Zero: Navigating Challenges in Renewable Integration Updated On Mon, Nov 4th, 2024 by Saurenergy India’s journey to a net-zero energy future demands an extensive transformation in its power market. As the country intensifies efforts to increase renewable energy (RE) capacity and to realise its 2030 and later net zero goals, numerous challenges—structural, financial, and operational—are emerging, presenting formidable obstacles to integrating a growing share of RE into the national […] Read more
IEA Flags Supply Side Risks For Global Energy Security Updated On Tue, Oct 22nd, 2024 by Saurenergy The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […] Read more
Global Push For Lithium Intensifies To Meet Surging EV Demand: IRENA Updated On Thu, Oct 17th, 2024 by Saurenergy Critical minerals, especially lithium, have become key components in meeting the growing demand for electric vehicles (EV). These elements are essential to support the booming electric vehicle industry. Apart from lithium, which has witnessed a surge in demand, there has also been increased demand for other critical minerals like cobalt, graphite, and nickel, according to […] Read more
LOHUM, ReElement, & American Metals Invest $30 Mn In US Updated On Fri, Sep 27th, 2024 by Saurenergy To build a new facility in the US, Indian critical minerals producer LOHUM Cleantech signed the MoU with US modular processing technology company ReElement Technologies Corporation and American Metals LLC. The MoU marks the beginning of a joint venture for the United States fully integrated battery recycling, repurposing, and critical material production facility. The Memorandum […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
Cygni, HiNa To Bring India-Specific Sodium-ion Energy Solutions Updated On Tue, Sep 17th, 2024 by Saurenergy Cygni Energy Private Limited, a Hyderabad-based energy storage solutions player has planned to collaborate with HiNa to develop India-specific Sodium-ion based storage solutions. This storage solution is cheaper, safer, and allows 20-minute charging. Cygni Energy has been an advocate of Sodium-ion-based solutions and a challenger to Lithium for specific applications. As part of this partnership, […] Read more
The Key To the Next Phase of RE Growth: Evolution of Large-Scale Batteries Updated On Fri, Aug 30th, 2024 by Saurenergy The renewable energy industry has been on a transformative journey over the past few decades. At the heart of this revolution lies large-scale battery storage which is considered to be one of the most critical technological advancements. These batteries have evolved from small, short-duration systems to massive, long-duration powerhouses that are now integral to the […] Read more
