CESL Invites Bids from OEMs to get Empaneled for Supply of E-rickshaws Updated On Thu, Jul 8th, 2021 by Saurenergy Convergence Energy Services Limited (CESL) has issued an expression of interest (EoI) to empanel original equipment manufacturers (OEMs) to supply electric three-wheelers (e-rickshaws) in India. While the pre bid meeting will be held on July 13, the deadline for bid submission is July 26, 2021, on which bid opening is also scheduled. CESL, a wholly-owned […] Read more
Hyundai to Invest $100 M in Solid-state Battery Developer Solid Energy Updated On Thu, Jul 8th, 2021 by Saurenergy Hyundai Motor Co, a South Korean automotive manufacturer of international repute, will invest USD 100 million in solid-state battery specialist Solid Energy System (SES) corporations, according to recent media reports. The company appears to have signed an equity investment agreement with SES. A spin-off from the Massachusetts Institute of Technology (MIT), Solid Energy has developed a prototype lithium metal […] Read more
SE Asian Countries Have Strong Demand for 2 &3 Wheeler EV’s for Last Mile Delivery Updated On Wed, Jul 7th, 2021 by Saurenergy Introduction According to a World Economic Forum report, demand for urban last-mile delivery would increase by 78% by 2030, resulting in the deployment of 36% more delivery vehicles in the world’s top 100 cities. In most Southeast Asian countries, the use of last-mile deliveries has expanded dramatically in recent years. The rise of online retail […] Read more
Stena Recycling to Invest €24.6 M in Swedish Battery Recycling Plant Updated On Tue, Jul 6th, 2021 by Saurenergy Swedish recycling company Stena Recycling is planning to invest around €24.6 million in what will be one of Europe’s most advanced battery recycling facilities near its Nordic Recycling Center in Halmstad, Sweden. The Gothenburg-based company described the project as a “new battery recycling process” and said that UK chemicals company Johnson Matthey would add a process […] Read more
Smart Grid Cell to be Set Up in Telangana, says State Regulator Updated On Tue, Jul 6th, 2021 by Saurenergy The Telangana State Electricity Regulatory Commission (TSERC) has issued a notification for implementing the TSERC (Smart Grid) Regulation, 2021, to be enforced from the date of its publication in the Telangana Gazette. A smart grid is an electrical grid with automation, communication and IT systems that can monitor power flows from points of generation to […] Read more
Andhra Pradesh Announces Financial Assistance for Solar Rooftop Plants Updated On Mon, Jul 5th, 2021 by Saurenergy Andhra Pradesh Eastern Power Distribution Corporation Limited (APEPDCL) announced last week that residential customers interested in installing grid-connected rooftop solar (RTS) plants would now be entitled to receive central financial assistance. The Ministry of New and Renewable Energy (MNRE) has sanctioned 8MW capacity in the residential sector under Phase II of the RTS program for […] Read more
“Five Years Is A Very Long Time In The Battery business”, Ak Shukla, Sanvaru Updated On Fri, Jul 2nd, 2021 by Saurenergy Sanvaru Technology CEO and founder AK Shukla seems to love doing the unconventional. From starting up a battery business when it wasn’t really the obvious thing to do, to setting up headquarters in the backwaters of Sonipat, Haryana. Today, the firm claims to be the leading manufacturer of Li ion/ Lifepo4battery pack for Solar/Electronic equipments […] Read more
NHAI To Install EV Charging Stations Along National Highways Updated On Thu, Jul 1st, 2021 by Saurenergy The National Highway Authority of India is planning to install electric vehicle (EV) charging stations along the country’s national highways. As India has already set its targets of achieving 70% of all commercial cars, 30% of private cars, 40% of buses, 80% of two-wheeler, and three-wheeler sales to be electric by 2030. To boost the […] Read more
Fourth Partner Raises $125 Million Equity Funding Updated On Thu, Jul 1st, 2021 by Saurenergy Hyderabad based Fourth Partner Energy has raised a fresh funding of $125 million for its expansion plans. The big new investor this time is Norwegian investment fund Norfund, that has invested $100 million. Existing investor the RISE fund has invested a further $25 million. Norfund was last in the news for its backing of Italy’s […] Read more
