Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
“700+ Wp Modules Increase Generation By Around 20% Compared To Existing 580-585 Wp Range”: Sarthak Sengupta, Amplus Updated On Thu, Dec 14th, 2023 by Saurenergy Sarthak Sengupta, Vice President, Procurement, Amplus, has 17 years of experience in materials management, strategic sourcing, and procurement consulting. During his extensive professional journey, Sarthak has worked for organizations like Hindustan Petroleum Corporation Limited and Blue Star Limited, demonstrating expertise across diverse industries such as electric vehicles, renewable energy (solar, wind, battery storage, EPC), new […] Read more
RECPDCL Looks for Solar Developer to Set up 250 MW Solar Projects Updated On Wed, Dec 13th, 2023 by Saurenergy REC Power Development & Consultancy Limited has issued a tender for the selection of Solar Power Developer for setting up of 250 MW ISTS-connected solar PV power projects anywhere in India under Tariff-based competitive bidding with greenshoe option of additional capacity of 250 MW under scheme for flexibility in generation and scheduling of thermal/ hydro […] Read more
LOHUM Partners with UAE Govt for Kingdom’s First EV Battery Recycling Plant Updated On Wed, Dec 13th, 2023 by Saurenergy LOHUM Cleantech, a producer of sustainable energy transition materials, has announced expansion into the UAE market to build the UAE’s first EV battery recycling plant through a partnership agreement with the Ministry of Energy & Infrastructure, UAE, and BEEAH, the Middle East’s sustainability and digitalisation firm. The partnership comes in light of UAE’s COP28 agenda […] Read more
China Ahead Of US, EU In Battery Recycling To Meet Lithium Demand: Report Updated On Tue, Dec 12th, 2023 by Saurenergy A recent report published by a resources conservation and recycling journal shows that, China is ahead of Europe and the US in using battery recycling to meet its needs for Lithium, Cobalt and Nickel for batteries for electric vehicles (EVs). With the increase in the production of batteries for electric vehicles, demand is also rising […] Read more
Hindalco to Infuse INR 800 Cr for Battery Foil Manufacturing Facility Updated On Tue, Dec 12th, 2023 by Saurenergy Hindalco Industries, the world’s largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The firm is investing INR 800 crore to build a new plant near Sambalpur in […] Read more
Ministry of Heavy Industries Greenlights 7,432 EV Charging Stations Across India Updated On Mon, Dec 11th, 2023 by Saurenergy In a major announcement that is set to transform the EV (electric vehicle) charging landscape of the country, the Ministry of Heavy Industries has given its nod for 7,432 EV charging stations. The charging stations will be set up by three Oil Marketing Companies (OMCs). The announcement comes under the second phase of the FAME […] Read more
EU Commission Proposed Extension On Sale EV and Batteries In UK Updated On Fri, Dec 8th, 2023 by Saurenergy The European Union (EU), recently proposed to the European Council a one-off extension on electric vehicles (EV) and batteries – until 31 December 2026. This proposal falls under the current rules of origin for electric vehicles and batteries under the EU-UK Trade and Cooperation Agreement (TCA). The Trade and Cooperation Agreement established the rules governing […] Read more
India Registered 62 EV Manufacturers Under FAME-II, Parliament Told Updated On Thu, Dec 7th, 2023 by Saurenergy The Minister of State for Heavy Industries (MHI), Krishan Pal Gurjar, in a written reply in Parliament stated that, under FAME-II, subsidies of Rs. 5,228.00 crore were disbursed for the increased deployment of Electric Vehicles (EVs) in India. He also told the Lower House that under the scheme, a total of 11,53,079 EVs were sold […] Read more
