Reliance New Energy Ltd acquires assets of Lithium Werks BV Updated On Tue, Mar 15th, 2022 by Saurenergy Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the assets of Lithium Werks BV for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of Lithium Werks – a leading provider of cobalt free and high-performance […] Read more
How Australia’s States Are Leading The Renewables Push Updated On Fri, Mar 11th, 2022 by Saurenergy Australia’s states have taken the lead in the push for renewables, with Tasmania setting a 200% target for renewable energy by 2040. NSW and South Australia have also made aggressive plans. The country already has a rooftop solar penetration of over 30%, the highest in the world, making rooftop solar the largest contributor to its […] Read more
US Solar manufacturers raise potential of 30GW mfg capacity for Biden Administration Updated On Thu, Mar 10th, 2022 by Saurenergy It seems to be the season for solar manufacturers across countries to expect more. After India, it is the Solar Energy Manufacturing for America (SEMA) Coalition that sent a letter to President Joe Biden requesting the United States President to enact policy solutions basis so that the domestic solar manufacturing can sustain in the long […] Read more
Ather Energy in Tie-up with Bharat FIH For Component Manufacturing Updated On Wed, Mar 9th, 2022 by Saurenergy Ather Energy, India’s leading electric scooter brand has announced its partnership with Bharat FIH, a Foxconn Technology Group company, to develop and manufacture key components for Ather scooters. The partnership aims to enhance the manufacturing ecosystem to meet the strong demand for their flagship products, the Ather 450X and the 450 Plus. For Ather, which […] Read more
The Top 5: Reasons Indians are Hesitant to go with E2W Updated On Wed, Mar 9th, 2022 by Saurenergy India is the largest two-wheeler mobility market in the world, with sales peaking at 21 million units in 2019. With the growing concerns over pollution-induced climate change, electric mobility is seen as a substitute for fossil-fuel-dependent conventional vehicles. Two wheelers is also where adoption is expected to be earlier and faster due to lower costs […] Read more
Faster Solar, Wind Deployment In IEA’s 10 point plan for Reducing EU Dependence on Russia Updated On Wed, Mar 9th, 2022 by Saurenergy The International Energy Agency (IEA), in a 10 point plan for Europe to reduce its dependence on Russian energy supplies, has made a strong pitch for more renewables, energy efficiency, and diversifying of suppliers, for Europe to reduce its dependence on Russia. The high energy dependence on Russia has stymied European efforts to counter the […] Read more
Kerala power board plans battery storage project in Thiruvananthapuram Updated On Mon, Mar 7th, 2022 by Saurenergy According to recent media reports, the Kerala State Electricity Board (KSEB) is keenly looking at grid-scale battery energy storage systems (BESS), given the growing emphasis on renewable energy and the rising peak-time power demand in the state. The state power utility proposes to pilot a BESS project in Thiruvananthapuram city, B. Ashok, chairman and managing […] Read more
IEX update for Feb’22, solar prices at Rs 3.93/ unit In GTAM market Updated On Fri, Mar 4th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 8760 MU volume in February’22 comprising 7695 MU in the conventional power market, 453 MU in the green power market and 612 MU (6.12 lac certificates) in the REC Market. Overall, the exchange achieved 29% YoY volume growth across all market segments during the month. According to the power […] Read more
750 miles range achieved, $65m funding follows for EV battery maker ONE Updated On Fri, Mar 4th, 2022 by Saurenergy Our Next Energy (ONE), a Michigan-based energy storage technology company, has raised $65 million following its $25 million Series A that was led by Breakthrough Energy Ventures in October 2021. This new funding round, led by BMW i Ventures, will allow ONE to expand its operations and prepare for increasing demand and customer activity, said […] Read more
