Ashok Leyland Mulls Separate EV Plant, ₹5 B Invt in Alternative Fuel Tech Updated On Mon, Feb 21st, 2022 by Saurenergy Bullish on the future of green mobility, Hinduja Group flagship commercial vehicle maker Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according recent media reports. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like […] Read more
The New Battery Technologies and Opportunities Updated On Mon, Feb 21st, 2022 by Saurenergy By Kunwer Sachdev With the immediate and critical need to move to alternative sources of energy worldwide, battery technology is being explored massively. As an alternative, it can support the de-carbonization of the transportation sector. It can evolve from the current lithium-ion battery to the succeeding generation to all-solid-state batteries. It will bring an improved […] Read more
MNRE Issues Framework to Promote Decentralised RE Livelihood App Updated On Fri, Feb 18th, 2022 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has issued a ‘Framework for Promotion of Decentralised Renewable Energy (DRE) Livelihood Applications’. DRE technologies are basically solutions, systems or products powered by renewable energy that help people to make a living. Solar looms, solar pumps, biomass powered cold storage and so on are some of the […] Read more
Recycling technology firm Nth Cycle Raises Fresh Funding of $12.5 million Updated On Wed, Feb 16th, 2022 by Saurenergy Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric […] Read more
Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval Updated On Mon, Feb 14th, 2022 by Saurenergy Madrid-based clean power platform Matrix Renewables has entered into a partnership with Spanish renewable energy company Energia Aliaval to co-develop at least 300MW of Italian solar farms in Italy. The development of new Italian solar farms partnership further builds on the company’s presence in Italy, said Matrix. With this project, Matrix Renewables reach close to […] Read more
Indian EV maker Altigreen Secures Rs 300 cr in Series A Round Updated On Fri, Feb 11th, 2022 by Saurenergy Indian EV maker Altigreen has raised around Rs 300 crore (approx. US$ 40 Million) as investment in its Series A round, to boost its manufacturing, launch new products including LCVs, and strengthen its countrywide presence. The funds will be utilized to ramp up production capabilities, accelerate R&D, facilitate fast-paced EV adoption and develop a robust Pan-India network to offer the […] Read more
Manager- BD & Sales Updated On Tue, Feb 8th, 2022 by Saurenergy Originate opportunities from the market for sales of First Solar Thin Film PV modules in India with a focus on utility scale project users (large IPP’s, Federal or State Owned Utility companies) Ability to negotiate and sucessfully conclude commercial transactions resulting on order booking” Ability to run economic/ financial models to work out LCOE based […] Read more
GE Renewable Opens New Renewable Hybrids Factory in Tamil Nadu Updated On Tue, Feb 8th, 2022 by Saurenergy GE Renewable Energy has announced the opening of a new renewable hybrids factory in Vallam, near Chennai, Tamil Nadu. The site employs 250 employees, including 20 women. “As the industry and customers’ demand dispatchable renewable energy to navigate the energy transition, the need for hybrid systems is increasing exponentially. This facility that has been set […] Read more
Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch Updated On Tue, Feb 1st, 2022 by Saurenergy Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […] Read more
