US Continues Clean Energy Support With $3.5 Billion For Battery Manufacturing Updated On Fri, Nov 17th, 2023 by Saurenergy As part of its Bipartisan Infrastructure Law, the Biden administration in the US has announced a new round of federal funds to underpin a strong domestic manufacturing. Administered by the Department of Energy (DoE) this $3.5 billion package is the second part of a large $6 billion-plus program that started awarding funds to applicant firms […] Read more
Five Clean Energy Sectors Employ Around 9 million Workers: IEA Report Updated On Thu, Nov 16th, 2023 by Saurenergy A latest report from the International Energy Agency (IEA) titled World Energy Employment (WEE) 2023 mentions five sectors that employ around 9 million workers today. Among these sectors, solar PV is reported to be the largest, creating around 4 million jobs. On the other hand, manufacturing of EVs and their batteries has reportedly been the […] Read more
Battery Management Firm Element Energy Raises $111 Million Updated On Wed, Nov 15th, 2023 by Saurenergy US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […] Read more
Australian Multi-utility ActewAGL Initiates Establishment of 58 EV Chargers Updated On Tue, Nov 14th, 2023 by Saurenergy ActewAGL, an Australian multi-utility joint venture firm that provides utility services in the Australian Capital Territory (ACT) and south-east New South Wales as well as the Australian Parliament House, has set sights on the installation of 58 new electric vehicle (EV) chargers. These will be established across the Parliament House premises. The initiative began with […] Read more
Top 5 Reasons Why Solid State Batteries Are Just Around The Corner Updated On Fri, Nov 10th, 2023 by Saurenergy Electric Vehicles (EVs) across the world are now seeing wider adoption. A 2023 report from the International Energy Institute (IEA) states that in 2022 alone, the world saw sales of around 10 million electric cars. The advent of Lithium-ion batteries gave a fillip to the industry with its energy density and recharging virtues. However, even […] Read more
Gensol Engineering Reports 24% Growth in PAT in H1 of FY24 Updated On Wed, Nov 8th, 2023 by Saurenergy Public-listed renewable company–Gensol Engineering Limited released its latest consolidated financial results for the first half of the year and quarter ending September 30, 2023. As per the financial statements of the firm, it reported an 88 percent increase in its revenue in the H1 of FY23 compared to the last H1 of FY23. Founded in […] Read more
Solar Power To Fuel Lalitpur’s Bulk Drug Park In Uttar Pradesh Updated On Tue, Nov 7th, 2023 by Saurenergy The Uttar Pradesh government has now embarked on a journey to set up of a large scale solar plant at Bulk Drug Park in Lalitpur in the state, a media release from the government said. These plants are part of government’s action plan for installing large-scale solar plants, and making them operational in the state. […] Read more
Altigreen & Bolt.Earth Sets Sights on Deployment of 100 3.3 kW Charging Stations Updated On Fri, Nov 3rd, 2023 by Saurenergy Altigreen, which manufactures electric vehicles designed for last-mile applications, has entered into an agreement with Bolt.Earth, a firm which provides electric vehicle charging infrastructure. The two firms have together set sights on the deployment of a hundred 3.3 kW charging stations for electric three-wheelers within a month. Further, they intend to set up more than […] Read more
IRA Can Lead To Creation of 4L Jobs In US, Says Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […] Read more
