India Can Turn To Global South For Its Critical Minerals Needs: IEEFA Updated On Tue, Oct 29th, 2024 by Saurenergy India’s minerals are at risk due to high import dependency and reliance on a few countries. Currently, India depends on resources such as synthetic and natural graphite, lithium oxide, nickel oxide, nickel sulphate, and copper cathodes. The study highlights the need for a diversified procurement strategy for these minerals to reduce trade risks. These minerals […] Read more
PHEVs Step Up: CATL’s Freevoy Super Hybrid Battery Updated On Tue, Oct 29th, 2024 by Saurenergy China’s CATL, the world’s largest EV battery manufacturer, recently unveiled its groundbreaking Freevoy Super Hybrid Battery, aiming to catalyse the capabilities of hybrid vehicles, such as Plug In Hybrid Vehicles (PHEVs). The Chinese battery maker is calling Freevoy the first hybrid battery to achieve an all-electric range of over 400 km (250 miles) with 4C […] Read more
Govt Calls For Proposal To Develop EV Charging Sub-systems Updated On Tue, Oct 22nd, 2024 by Saurenergy The government recently announced a Joint Call for Proposals to develop Electric Vehicle (EV) Sub-systems. At a ceremony held at Electronics Niketan, the Ministry of Electronics and Information Technology (MeitY), in collaboration with the Ministry of Heavy Industries (MHI), launched the initiative. At the event, while announcing the Joint Call for Proposals, S. Krishnan, Secretary, […] Read more
IEA Flags Supply Side Risks For Global Energy Security Updated On Tue, Oct 22nd, 2024 by Saurenergy The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […] Read more
Coal Generation To Remain 30% Higher Than Solar Generation: IEA Updated On Thu, Oct 17th, 2024 by Saurenergy Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […] Read more
Global Push For Lithium Intensifies To Meet Surging EV Demand: IRENA Updated On Thu, Oct 17th, 2024 by Saurenergy Critical minerals, especially lithium, have become key components in meeting the growing demand for electric vehicles (EV). These elements are essential to support the booming electric vehicle industry. Apart from lithium, which has witnessed a surge in demand, there has also been increased demand for other critical minerals like cobalt, graphite, and nickel, according to […] Read more
Anant Badjatya Becomes CEO Of SUN Mobility-IOCL JV Updated On Fri, Oct 11th, 2024 by Saurenergy SUN Mobility-IOCL recently appointed Anant Badjatya as the new Chief Executive Officer (CEO) of its newly formed joint venture, Indofast Swap Energy Pvt. Ltd. Anant Badjatya, former Chief Executive Officer (CEO) – SUN Mobility, has taken the reins of Indofast with immediate effect. This step follows the deal signed by IOCL and SUN Mobility in […] Read more
REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding Updated On Mon, Oct 7th, 2024 by Saurenergy REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […] Read more
ZEVO Secures $2 Million In Pre-Series A Funding Updated On Thu, Oct 3rd, 2024 by Saurenergy ZEVO, a powerhouse tech-enabled Electric Vehicle (EV) mobility platform, has successfully raised $2 million in a Pre-Series A funding round. The investment was led by Pegasus India Fund, BizDateUp, JIIF and a family office. The newly acquired funds will be utilized to deploy 5,000 electric vehicles and develop fulfilment centres across key locations. “This initiative […] Read more
