ENEL Adds Battery Storage As Texas Grapples With Extreme Demand Swings Updated On Fri, Sep 15th, 2023 by Saurenergy Enel North America, a key energy utulity in the US and Canada, has more than tripled its operational utility-scale storage capacity this summer by bringing five new battery energy storage systems (BESS) online in Texas. The new batteries add over 369 MW / 555 MWh of dispatchable energy storage to the Texas power grid, helping increase grid […] Read more
Lithium Battery Recycling In Focus With $542 Million Funding For Ascend Elements Updated On Wed, Sep 13th, 2023 by Saurenergy The battery recycling market in the US has heated up with the announcement from Ascend Elements, of a huge $542 million in Series D funding. Ascend had earlier been granted massive grants of over $400 million by the Department of Energy, and the latest fund raise makes it one of the largest U.S. cleantech equity […] Read more
Okaya EV Joins Forces with Bluwheelz for 1000 EV Deployment Updated On Tue, Sep 12th, 2023 by Saurenergy Okaya EV, a firm which delves in electric vehicle (EV) industry, has entered into a strategic partnership with Bluwheelz, a tech-enabled logistics firm, known for first-mile, mid-mile, and last-mile logistics solutions and offers Fleet as a Service. The two firms will look at deploying 1000 EVs by September 2023. The initiative will kick off in […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
Magenta Mobility Secures Debt Financing from SIDBI for EV Deployment in Delhi NCR Updated On Thu, Sep 7th, 2023 by Saurenergy Magenta Mobility, a provider of electric mobility and EV charging solutions has secured debt financing for about 350 EVs under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). The loan received from SIDBI will help to scale up deployment of Cargo Electric Vehicles for last mile deliveries across Delhi-NCR region. […] Read more
Pimpri Chinchwad Municipal Corporation Issues RFS for Setting up 22 EV Charging Stations Updated On Thu, Sep 7th, 2023 by Saurenergy The Pimpri Chinchwad Municipal Corporation has issued a tender for the establishment of 22 electric vehicles charging stations at several locations that fall under its jurisdiction. The project development will take place under BOO basis (Build, Own, Operate). The bidder who emerges successful will be responsible for the operation and maintenance of the project for […] Read more
TPREL, Juniper Green Emerge as Successful Bidders in 225 MW Renewable Hybrid Auction Updated On Thu, Sep 7th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL) and Juniper Green Energy have emerged as winners in Tata Power’s auction. The tender was issued for the development and procurement of 225 MW of grid-connected intrastate and interstate wind-solar hybrid power projects. It also entails a greenshoe option of 225 MW on a long-term basis. Juniper Green Energy […] Read more
India On A Right Track Towards Net-Zero But Need Finances: Report Updated On Wed, Sep 6th, 2023 by Saurenergy A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […] Read more
Delhi Rolls Out Fleet of 400 E-Buses Updated On Tue, Sep 5th, 2023 by Saurenergy Delhi Chief Minister Arvind Kejriwal and Lieutenant Governor VK Saxena have today rolled out 400 new electric buses in the capital city. The addition of the buses will augment the number of electric buses to 800 in Delhi. This makes it the city with the largest number of electric buses in the country. The government […] Read more
