Andhra Pradesh EV Policy Boosts Private Investment In EV Manufacturing Updated On Thu, Dec 12th, 2024 by Saurenergy To transform Andhra Pradesh into an electric vehicle (EV) manufacturing hub, the state recently announced its Andhra Pradesh Sustainable Electric Mobility Policy (2024-29). This policy will be in effect for the next five years, promoting quality infrastructure through private investments, fostering urban mobility growth, and reducing transport-sector emissions to achieve carbon neutrality by 2047. The […] Read more
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
International News Briefs- Solarcycle, China’s Solar Bankruptcies, Tongwei’s HJT Modules Updated On Mon, Nov 4th, 2024 by Saurenergy China’s Solar Bankruptcy Provide Proof Of Pain From Low Prices With over 40 manufacturers boasting of GW plus manufacturing facilities, China’s solar juggernaut has screeched to a halt in the past year, at least on the manufacturing side. Overcapacity has plagued the sector, leading to crash in prices and the pain is showing. Even as […] Read more
US Energy Storage Surges With Second-Highest Quarterly Record Updated On Fri, Oct 4th, 2024 by Saurenergy The United States is continuing to break records for energy storage installations across key market segments, according to the latest report by Wood Mackenzie. In the second quarter of 2024, the US developers installed 3,011 MW and 10,492 MWh of energy storage capacity. This marks the second-largest quarterly capacity addition, surpassed only by Q4 2023, […] Read more
The Australia Experience: How Energy Storage is Transforming National Grids Updated On Mon, Sep 30th, 2024 by Saurenergy Energy storage has undeniably emerged as a critical component in the growth of solar energy. For much of the last decade, high installation costs and the intermittent nature of renewable energy sources were major barriers to wider adoption. However, advancements in technology and government subsidies have significantly reduced these costs, with increased competition and production […] Read more
Hindustan Zinc, JNCASR Collaborate For Zinc-Based Batteries Updated On Thu, Aug 22nd, 2024 by Saurenergy Hindustan Zinc Limited, one of India’s leading integrated zinc producer, has signed a Memorandum of Understanding (MoU) with Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an institute sponsored by the Department of Science and Technology. This collaboration aims to develop new variants of zinc materials to propel the commercialization of zinc-based batteries. “At present, […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
Indian EV Sector Needs Rs 1,151cr To Flourish, Says Report Updated On Wed, Jul 17th, 2024 by Saurenergy Principal Scientific Adviser to the Government of India, Ajay Kumar Sood, released a report for building a comprehensive roadmap that outlines research projects in four crucial areas. These areas are energy storage cells, electric vehicles (EV) aggregates, materials and recycling, and charging and refueling. It provided pathways for India to achieve leadership and self-reliance in […] Read more
Thailand, India Can Pose Challenge To China’s EV Market: Report Updated On Thu, Jun 13th, 2024 by Saurenergy Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario. The Bloomberg […] Read more