Nanotech Firm Log 9 Materials Raises $2 M from Petronas Ventures Updated On Mon, Oct 11th, 2021 by Saurenergy Bengaluru-headquartered advanced battery-tech and deep-tech start-up Log 9 Materials has concluded its Series A+ capital raise round of $10 Million by announcing $2 Million investment from PETRONAS Ventures – the venture capital arm of PETRONAS, a global energy and solutions company. PETRONAS is ranked amongst the largest corporations on Fortune Global 500. This Series A+ […] Read more
6 Myths Blown Away By India’s Power Crisis Updated On Thu, Oct 7th, 2021 by Saurenergy The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the country’s thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway […] Read more
Turkey Tenders 1.5 GW Solar Project for 5th Round of RE Auction Updated On Mon, Oct 4th, 2021 by Saurenergy Turkey has invited bids for a 1.5 GW solar tender for the fifth auction round of its Yenilenebilir Enerji Kaynak Alanları (YEKA) renewable energy program, the submission of which must be done on January 12, 2022. The country’s Ministry of Energy aims to select 76 large scale PV projects with capacities ranging from 10 to 30 […] Read more
GM to Power US Production Sites with 100% RE by 2025 Updated On Fri, Oct 1st, 2021 by Saurenergy General Motors (GM) has revealed that it plans to source 100 percent renewable energy to power its U.S. sites by 2025 – five years earlier than previously announced, and 25 years ahead of its initial target that was set in 2016. GM aims to avoid 1 million metric tons of carbon emissions that would have […] Read more
Koch Invests in Li-Cycle and Other Firms in EV Value Chain Updated On Fri, Oct 1st, 2021 by Saurenergy US firm Koch Strategic Platforms (KSP) has announced a $100 million investment in Toronto-based Li-Cycle – the leading lithium-ion battery recycler in North America – to help meet the rapidly growing global demand to source and recycle critical and scarce battery-grade materials. This is only the latest investment in the EV value chain for Koch […] Read more
EV Ride-hailing Startup BluSmart Raises $25 Mn in Series A Round Updated On Thu, Sep 30th, 2021 by Saurenergy BluSmart, an EV ride-hailing startup, has raised $25 million in its Series A round led by BP Ventures. Mayfield India Fund, 9Unicorns and Survam Partners along with existing investors have also joined the round. BP Ventures has led the round by putting $13 million in the current round. This is the first investment in an […] Read more
Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
eBikeGo to Install 1 Lakh Smart EV Charging Stations Across 7 Cities Updated On Tue, Sep 28th, 2021 by Saurenergy eBikeGo, a leading electric two-wheeler mobility platform, has created an economical IoT-enabled smart charging solution, eBikeGo Charge, which can be accessed via the eBikeGo Charge Mobile App. Wi-fi enabled, it can even monitor real-time charging statistics for a seamless charging experience, said the company. Indian 2 Wheeler unit sales stood at 21.2 million units in […] Read more
6K Lands $51 M for Advanced Battery Material Dev Updated On Mon, Sep 27th, 2021 by Saurenergy Massachusetts-based 6K, which produces sustainable advanced materials for energy storage and additive manufacturing powders, has closed a $51M Series C financing round. With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team, said the firm. Funding will also […] Read more
