Andhra Pradesh Seeks Rs 30,000 Crore Investment in Electric Vehicles Industry Updated On Fri, Dec 29th, 2017 by Saurenergy The state expects to put in place an electric vehicles policy by next month, ahead of a proposed framework by the central government. Andhra Pradesh is seeking to attract Rs 30,000 crore of investments in the electric vehicles industry through a raft of incentives that would include capital subsidies to automakers and charging-equipment manufacturers, helping […] Read more
IL&FS Tie-up With Ecamion To Explore Energy Storage Business Updated On Sat, Nov 18th, 2017 by Saurenergy IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […] Read more
IESA commemorates World Energy Storage Day by organizing policy roundtable Updated On Fri, Sep 15th, 2017 by Saurenergy The objective of this forum is to have a dialogue between thought leaders from industry and the policy makers to identify policy priorities that can help drive adoption of energy storage in India and make India a global hub for manufacturing of advanced energy storage technologies by 2020 said IESA. To commemorate on the 1st […] Read more
Energy Storage Market to Touch 70 GW by 2022 Updated On Tue, Sep 12th, 2017 by Saurenergy The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW. Out of 70 GW, over 35 GW of demand is expected from newer applications. The market for energy storage in the South Asia region is dominated by India. Energy storage helps in the […] Read more
India Aspiring For Global Leadership in Climate Action: Anand Mahindra Updated On Fri, Jul 28th, 2017 by Saurenergy Heavy investment in solar and wind has helped drive down costs of electricity to a point where, in many places, renewable sources can generate electricity more cheaply than conventional sources such as coal. India is aspiring for a global leadership in climate action and has set an “ambitious” goal of receiving 40 per cent of […] Read more
NTPC to expand its target of setting up 10 GW of solar capacity: Report Updated On Tue, Oct 4th, 2016 by Saurenergy NTPC Ltd. is reportedly expanding its solar energy target and slowing down development of coal-based plants. According to Bloomberg, NTPC will expand its target of setting up 10 GW solar capacity. Chairman Gurdeep Singh speaking to publication said that NTPC will also support building 15GW of solar capacity by buying power from producers and selling […] Read more
Infineon acquires Wolfspeed for USD 850 million Updated On Fri, Jul 15th, 2016 by Saurenergy Infineon Technologies has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree for USD 850 million. The deal also includes the related SiC wafer substrate business for power and RF power. This acquisition will enable Infineon to provide broadest offering in compound semiconductors, it will also reinforce the […] Read more
Australia Set for Solar With 8 Hour BESS Backup Updated On Mon, Mar 10th, 2025 by Saurenergy Australian Infrastucture investor Quinbrook Infrastructure Partners, has announced plans to pioneer a global market first in advanced long duration energy storage solution developed in a technical collaboration with CATL, the world’s leading battery energy storage system (BESS) manufacturer. The groundbreaking storage solution, believed to be the world’s first genuine 8-hour battery at more than double […] Read more
Matel, Honda Power Pack Partner To Bring Swappable EV Batteries Updated On Wed, Feb 19th, 2025 by Saurenergy Matel Motion & Energy Solutions Pvt. Ltd. (Matel) has entered into a strategic partnership with Honda Power Pack Energy India Pvt. Ltd. (HEID) to integrate its ePowertrain with HEID’s swappable battery solution. This collaboration aims to provide electric vehicle (EV) manufacturers with swappable battery solutions. Range limitations and lengthy charging time remain key challenges for […] Read more
