With Latest Funding, Battery Smart To Expand Services In More Cities Updated On Wed, Jun 12th, 2024 by Saurenergy Indian battery swapping company Battery Smart announced it has raised $65 million in a Series B funding round led by LeapFrog Investments, the pioneering profit with purpose firm. The equity round consisted of a mix of primary and secondary investments and saw participation from new and existing investors, including MUFG Bank, Panasonic, Ecosystem Integrity Fund […] Read more
Solis Gears Up To Unveil Pioneering Inverter Solutions at SNEC and Intersolar Europe Updated On Tue, Jun 11th, 2024 by Saurenergy With two of the world’s biggest PV shows this month, its hectic time at Ginlong (Solis) Technologies, the world’s third largest PV inverter manufacturer. Solis, which has leapfrogged into the global top 3 post 2022, is showcasing its cutting-edge storage and inverter solutions at SNEC (Shanghai, June 13 – 15) and Intersolar Europe (June 19 […] Read more
Volkswagen’s Charging Brand Elli Partners PV Provider Otovo For Home Charging Solutions Updated On Tue, Jun 11th, 2024 by Saurenergy German auto major Volkswagen Group continues to pivot towards an electric vehicle future. Elli, its home grown brand for charging and energy, and Otovo, the leading European solar platform have announced their strategic partnership. Their joint goal is to offer a holistic solution that combines clean solar energy with electric mobility. Together, Elli and Otovo […] Read more
Mobility Firm Marelli To Supply Battery Thermal Plate To Carmakers Updated On Thu, Jun 6th, 2024 by Saurenergy Marelli has been awarded a contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The solution, a key technology for thermal energy management in electric vehicles, has been developed and will be produced in-house by Marelli. The supply will begin in 2024, reaching approximately 5 […] Read more
REC Prices At Power Exchanges Take A Dip After Tweak In Rules Updated On Wed, Jun 5th, 2024 by Saurenergy With a tweak in the regulations related to Renewable Energy Certificates (RECs), the Indian Power Exchanges has seen its increased trading. The domestic power exchanges like IEX claimed that with an increase in its trading, the prices of the same have shrunk. The top management of IEX in its recent investors call told its investors […] Read more
32 American Forest Villages Get Clean Power From Solar Microgrids Updated On Tue, Jun 4th, 2024 by Saurenergy Power Construction Corporation of China (Powerchina) officially handed over the first site of the second phase of a microgrid photovoltaic project in Suriname recently. Chandrikapersad Santokhi, President of the Republic of Suriname, and Chinese Ambassador to Suriname,Han Jing, among other dignitaries, attended the handover ceremony. The landmark project will provide more people in remote villages […] Read more
Courier Company Blue Dart To Expand EV Fleet Updated On Mon, Jun 3rd, 2024 by Saurenergy Courier and package distribution company Blue Dart has announced it will be expanding its EV fleet in order to cut down emissions. Balfour Manuel, Managing Director, Blue Dart, said, “Blue Dart is driving sustainable logistics in India, paving the path towards a greener future. By integrating electric vehicles into our fleet, we are poised to […] Read more
EU 2030 Net-Zero Targets Out Of Reach As Investments Plunge Updated On Mon, Jun 3rd, 2024 by Saurenergy The European Union (EU) is set to fall far behind its energy transition targets for renewable energy, clean technology capacity, and domestic supply chain investments, according to Rystad Energy research and modeling. The bloc’s capital investments (capex) in clean technologies – including renewables, carbon capture, utilisation and storage (CCUS), hydrogen, batteries, and nuclear – totaled […] Read more
Electrification Key For 1.5°C Target, Global Demand Must Go Beyond 30K TW: IRENA Updated On Mon, Jun 3rd, 2024 by Saurenergy Electricity and electrification along with deployment of renewable power will play a crucial role in meeting the target of 1.5°C, according to a report by IRENA. The overall share of renewable energy in the energy mix will need to rise substantially to meet the 1.5°C target, driven by higher shares of renewable electricity and electrification, […] Read more