Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
Predictably, Government Shuts Loophole For Concessional Import Of Solar Modules Updated On Fri, Oct 21st, 2022 by Saurenergy In a move that many felt was widely anticipated, but where the delay on acting had given rise to hopes too, the government has finally moved to shut down the option of importing solar modules using a provision in the Project Import Regulations, 1986 that allowed complete power plants to be imported at concessional rates. […] Read more
DOE Awards $100 Million to Group14 Technologies for Battery Production Updated On Thu, Oct 20th, 2022 by Saurenergy Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […] Read more
Rising EV: The State Of EV Sector In India Updated On Wed, Oct 19th, 2022 by Saurenergy India is riding fast toward its goal of carbon neutrality by the year 2070. Naturally, the transportation sector, one of the biggest polluters, has to be brought under green cover if the nation wants to reduce the emissions intensity of its GDP by 45 per cent by 2030 – a medium-term goal. The electric vehicle […] Read more
The Contra View: 5 Arguments Against Battery Swapping Updated On Mon, Oct 17th, 2022 by Saurenergy A lot has been written about the advantages of Battery Swapping to make a shift to renewable energy for mobility. The value of Battery Swapping lies in the fact that separating the price of the electric car from the battery, its costliest part, will make it attractive to the customer. However, in the interest of […] Read more
Ascend Elements, EcoPro Group Collaborate for Supply of Recycled Battery Materials Updated On Fri, Oct 14th, 2022 by Saurenergy Massachusetts-based battery recycling company, Ascend Elements and South Korea-based battery materials company EcoPro Group, have signed a memorandum of understanding (MOU) to cooperate in the development, qualification, and integration of recycled battery materials into cathode products of EcoPro. The official statement mentioned that EcoPro is a cathode active material (CAM) supplier to some of the […] Read more
Suzlon Gets 145 MW Wind Turbine Order from Aditya Birla Group Updated On Wed, Oct 12th, 2022 by Saurenergy India’s wind energy giant Suzlon Group has announced through a regulatory filing that the company has secured a fresh order from the Aditya Birla Group for the development of a 144.9 Megawatt (MW) wind energy project. Suzlon has not declared the value of the new deal in the filing. Suzlon, a renewable energy solution provider, held that the […] Read more
Importance Of Solar Rooftop Panels In Indian Market Updated On Tue, Oct 11th, 2022 by Saurenergy Gautam Mohanka, Managing Director, Gautam Solar India’s ambitious target to have 450 GW of renewable energy by 2030 includes installation of 280 GW of solar power and 140 GW of wind power. For India to meet its solar energy targets, rooftop solar can play a significant role. Recently, several states across the country have been […] Read more
MNRE Clarifies On Applicability of ALMM Rules For Open Access, Net Metering Projects Updated On Tue, Oct 11th, 2022 by Saurenergy In an office memorandum on October 7, the Ministry of New and Renewable Energy has issued some key clarifications regarding it’s rules for usage of ALMM (Approved list of module manufacturers) modules across projects in India. The ministry, through another OM, had mandated the use of ALMM modules for all projects approved post April 1, […] Read more
