“A thriving urban mining ecosystem is essential to reduce reliance on imports”, Saurav Goyal, Metastable Materials Updated On Tue, Jan 31st, 2023 by Saurenergy Bengaluru-based battery recycling startup Metastable Materials is pioneering a first-of-its-kind, chemical-free technology and system named ‘Integrated Carbonthermal Reduction’ (ICR) for ‘recycling’ of Li-Ion batteries in a sustainable and eco-friendly manner that can extract a wide range of materials from batteries, with more than 90% recovery rate. We caught up with co-founder and COO Saurav Goyal […] Read more
As Global Wind Turbine Manufacturers Face Headwinds Over Failures, Should India Firms Worry? Updated On Tue, Jan 31st, 2023 by Saurenergy Last year, as turbine manufacturers in the US and Europe announced job cuts, the cuts were blamed on the increasing cost of raw materials (like microchips) and inflation putting pressure on bottomlines. GE Renewables and Siemens Gamesa were the headline grabbers, hoping they had seen the last of a tough year. Vestas, the third of […] Read more
With 2GW Solar Power Plans, FRV Enters Germany Updated On Mon, Jan 30th, 2023 by Saurenergy Fotowatio Renewable Ventures (FRV) has said that it has entered the German market and intends to develop 2GW of PV projects, Battery Energy Storage Systems (BESS) and renewable installations in the next four years. The company is owned by of Abdul Latif Jameel Energy and Canadian pension fund and infrastructure investor OMERS. Andreas Pfeifer, Managing […] Read more
JV Forged Between Delhi’s Omega Seiki Mobility & USA’s Li-Ion Cell Manufacturer iM3NY Updated On Mon, Jan 30th, 2023 by Saurenergy Omega Seiki Mobility (OSM), a part of the Anglian Omega Group has announced a joint venture with iM3NY, a prominent battery technology player in the US. The JV will pave the way to bring battery cell technology in the Indian market- a first such from the subcontinent, the firms claim. OSM had previously signed a […] Read more
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
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more
Islamic Development Bank To Offer Insurance/Finance For RE Projects Updated On Wed, Jan 25th, 2023 by Saurenergy In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […] 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
Pexapark and AFRY launch Daily Valuation Curve For Renewable Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy Switzerland based Pexapark has joined Sweden based AFRY management consulting to formally launch the ‘Daily Valuation Curve’, a new pricing data offering that will give investors and lenders greater certainty over the lifetime value of renewable energy projects. Announced in Q4 2022, the Daily Valuation Curve seamlessly combines Pexapark’s market-based price approach, used by 150+ […] Read more
