India’s EV Market Jumps To 7.4% In 2024: SBI Caps Report Updated On Mon, Jan 27th, 2025 by Saurenergy The evolution of the electric auto industry revolution is in full swing—1 in 4 vehicles sold globally in CY24 was electric, a leap from 1 in 40 just five years ago, finds SBI Caps report. The report accredited this latest growth to lower operating costs, cushioned by tax breaks and subsidies making EVs more accessible […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
Auto Expo: EV Firms Line Up For Their New Launches, Attractions Updated On Wed, Jan 15th, 2025 by Saurenergy Several electric mobility companies are gearing up to launch new products and showcase recent innovations at the upcoming Bharat Mobility Auto Expo 2025. The event is scheduled to take place from January 17 to January 22 at Bharat Mandapam in New Delhi. Event organizers have announced that leading Original Equipment Manufacturers (OEMs), advanced auto component […] Read more
Canadian Solar’s e-STORAGE To Deliver 2 GWh ESS For CIP Updated On Thu, Jan 9th, 2025 by Saurenergy Canadian Solar Inc.’s e-STORAGE, a part of the company’s subsidiary CSI Solar Co., Ltd. (CSI Solar), recently signed contracts with Copenhagen Infrastructure Partners (CIP), through its fund CI IV. The contracts cover the delivery of 2 GWh DC of battery energy storage systems (BESS) for two projects in Scotland. The 1 GWh DC Coalburn 2 […] Read more
Repurposing Over Recycling A Big Opportunity In Last Two Years- Gaurav Dolwani, LICO Materials Updated On Mon, Dec 30th, 2024 by Saurenergy LICO Materials – A Mumbai-based Recycling Company in the lithium-ion battery supply chain is one of the cohort of recycling firms that will play a crucial role in India’s plans for recovery of critical materials such as lithium, cobalt, manganese, and nickel to be given back to battery manufacturers to give the materials a second […] Read more
BatX Energies Starts New Lithium-Ion Battery Recycling Facility In UP Updated On Mon, Dec 30th, 2024 by Saurenergy BatX Energies Pvt. Ltd, an Indian lithium-ion battery recycling company, has inaugurated its new Critical Minerals Extraction plant (HUB-1) in Uttar Pradesh. This marks a significant leap for the firm’s expertise in extracting vital materials such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries, directly addressing the challenges of resource scarcity. These critical […] Read more
Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF Updated On Wed, Dec 11th, 2024 by Saurenergy The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […] Read more
Mahindra, Vidyut Tie-up For Battery-as-a-Service Commercial EVs Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited (M&M) and Vidyut (VT), have announced a collaboration. MLMML is an electric commercial vehicle manufacturer that has sold more than 2 Lakh Electric Vehicles (EVs). Vidyut is a Bengaluru-based full-stack EV startup focused on making EV ownership more convenient and stress-free. Both […] Read more
Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India Updated On Wed, Dec 4th, 2024 by Saurenergy Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […] Read more
