The Top 5: Challenges to EV Growth in 2023 Updated On Thu, Jan 26th, 2023 by Saurenergy The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India. According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […] Read more
The Top 5: Steps To Ensure High Performance From Your EV Battery Updated On Wed, Jan 25th, 2023 by Saurenergy For an EV, the battery is the most critical component. Even from a cost viability perspective, the battery’s cost constitutes around 30-40 per cent of the total cost of an EV. Thus, getting the best possible performance and longevity from the battery certifies the worth of the EV too. This article outlines the five steps […] Read more
Rajasthan to Welcome 1 GW Renewable Energy Projects from BPCL Updated On Tue, Jan 24th, 2023 by Saurenergy PSU refiner Bharat Petroleum Corporation Ltd (BPCL) will be establishing renewable projects worth 1 GW of capacity in the state of Rajasthan. Towards this goal, an MoU has been signed between the Government of Rajasthan and BPCL. Details with respect to the timeline and investment have not been shared. The firm has set out on […] Read more
4000 Homes with Solar Panels & EV Parking To Be Up For Grabs in Maharashtra Soon Updated On Tue, Jan 24th, 2023 by Saurenergy Homeowners have finally begun to recognise the benefits that solar offers. With around 40% subsidy on offer by the Government, residential solar rooftop is easy on the pocket. There is 20% subsidy for group housing societies and RWAs. Additionally, there is payback of as low as four years on investment. This awareness is complemented by […] Read more
BMW & Solid Power Partnership For Solid-State Battery Technology Updated On Tue, Jan 24th, 2023 by Saurenergy Automakers are exploring the possibilities of enhancing battery technology seeking a fit with the growing expectations of the EV industry. Solid-state battery is one such technology that can disrupt the existing power storage market for EVs. As per some forecasts, the Solid-state battery market size will reach $13.15 billion by 2030 from $805 million in […] Read more
Servotech Rings in 84% Increase in Profits in Q3 for FY22-23 Updated On Tue, Jan 24th, 2023 by Saurenergy Manufacturer of solar, power-backup, electric Vehicle (EV) chargers, and other smart power solutions, Servotech Power Systems Ltd. (NSE: SERVOTECH), has revealed its quarterly financial results for the quarter ended December 31, 2022. The results were shared at its Board of Directors meeting on January 21, 2023. Servotech Power Systems Ltd. has rung in a quarterly […] Read more
Honda, GS Yuasa Collaborate for Lithium-Ion Battery Development Updated On Tue, Jan 24th, 2023 by Saurenergy The evolution and quick adoption of electric mobility largely depends on the development of quality and reliable battery systems. Hence, two Japanese conglomerates – Honda Motor and GS Yuasa International – have signed an agreement for collaboration for a high-capacity, high-output lithium-ion battery. Honda and GS Yuasa will discuss specifics with the goal of establishing […] Read more
Log9 Materials Secures $40 Million in Fresh Funding From Amara Raja & Others Updated On Mon, Jan 23rd, 2023 by Saurenergy Last week, Bangalore based deep-tech battery start-up Log9 Materials had scooped up over $11 million in a Series B round, which was led by PTV International Ventures and participated by key investors like SiriusOne Capital and Cornerstone Ventures. Now, the startup has announced that it has raised $40 million or Rs 325 crore approximately in […] Read more
Sungrow & SOL+ Distribuidora Forge Partnership for 500 MW Inverter Distribution in Brazil Updated On Sun, Jan 22nd, 2023 by Saurenergy Developer and producer of photovoltaic inverter technology, Sungrow, and SOL+ Distribuidora, the new business front of Holding SOL Copérnico, based in Brazil, have entered into a partnership facilitating distribution for the Brazilian market. As per the agreement, SOL+ will be responsible for the distribution of 500 MW of on-grid Sungrow photovoltaic inverters in all of […] Read more
