Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu Updated On Fri, Sep 3rd, 2021 by Saurenergy Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […] Read more
Efforts by the EV Sector to Save the World’s Environment From Massive Carbon Emissions Caused by Vehicles Updated On Wed, Aug 11th, 2021 by Saurenergy Global emissions were around 23 billion metric tons before the turn of the century, currently, they had risen to 36.44 billion metric tons, a new high. Every year, billion tons of greenhouse gases are released into the atmosphere which is trapping heat and raising global temperatures. The only way to avoid all of these severe […] Read more
Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx Updated On Thu, Jul 22nd, 2021 by Saurenergy UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […] Read more
India Planning Bids for 4 GWh of Grid-Scale Battery Storage System Updated On Tue, Jul 20th, 2021 by Saurenergy In an attempt to make the country’s electricity green, the Indian government is planning to invite bids for setting up around 4 GWh (4000 MWh) of grid-scale battery storage system at regional load dispatch centres (RLDCs), according to an announcement made by the Minister of Power and New and Renewable Energy, Raj Kumar Singh. The Union […] Read more
Capgemini to Order Only Hybrid & EVs, Ends Pure Diesel/Petrol Orders Updated On Tue, Jul 13th, 2021 by Saurenergy French IT company Capgemini has announced that it will now order only hybrid and electric cars and vans for its 12,000-vehicle company fleet, stopping with immediate effect the order of new pure diesel or petrol vehicles as part of its plans to transition to a fully electric fleet by 2030. The company aims to achieve […] Read more
TES Agrees on Deal for 10,000 sqm Battery Recycling Facility in Europe Updated On Mon, Jul 12th, 2021 by Saurenergy Singapore-based provider of sustainable technology lifecycle and IT services, TES has announced it has agreed to a deal that secures the future of a 10,000 square meter lithium battery recycling facility in the Port Of Rotterdam, Europe’s largest seaport. The facility, strategically located adjacent to the waterways of the Port of Rotterdam and with an […] Read more
Tata Power Installs EV Charging Station in Gujarat’s Statue of Unity Area Updated On Thu, Jul 8th, 2021 by Saurenergy Tata Power has installed the first-ever DC fast charger for electric vehicles at the site of the world’s tallest statue and a famous Indian landmark – Statue of Unity, located in Gujarat. The statute is of India’s first Deputy Prime Minister and Home Minister Sardar Vallabhbhai Patel. The Tata Power EZ Charge (Charging Station) at […] Read more
PTT’s Power Arm To Invest $635 Million In Renewable Energy Across Asia Updated On Mon, Jun 21st, 2021 by Saurenergy Global Power Synergy, the power unit of Thailand’s state-owned oil and gas group PTT, will invest 20 billion baht equivalent to USD 635 million, in renewable energy assets across Asia including India and China. Global Power Synergy announced that it will be borrowing up to USD 635 million from parent PTT for investment chiefly in […] Read more
Foxconn In Partnership With Gigasolar For EV Battery Components Updated On Thu, Jun 17th, 2021 by Saurenergy Taiwanese multinational electronics contract manufacturer, Foxconn announced a partnership with a solar cell material maker, Gigasolar Materials Corp., to develop electric vehicle (EV) battery materials. A Foxconn subsidiary has invested NT$995.2 million (New Taiwan Dollar) which is equivalent to USD 36 million, for the partnership with Gigasolar. The investment via a private placement through a […] Read more
