EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025 Updated On Mon, Feb 22nd, 2021 by Saurenergy Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […] Read more
Hyundai Signs MoU for EV Battery Leasing Business, Strengthening EV Ecosystem Updated On Sat, Feb 20th, 2021 by Saurenergy South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […] Read more
IESA Partners With Greenstat Hydrogen to Support India’s Hydrogen Mission Updated On Fri, Feb 19th, 2021 by Saurenergy IESA and Greenstat Hydrogen India have partnered for a period of two years to accelerate the hydrogen technology development in India. India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and Greenstat Hydrogen India, a Norwegian energy organization, recently signed a Memorandum of Understanding for a period of two years to […] Read more
Coal Could Boom in India if Renewables Can’t Keep up With Growth: Rystad Updated On Fri, Feb 19th, 2021 by Saurenergy A report by Rystad expects Coal in India to come back with a vengeance, growing by 43 percent to 1,523 TWh in 2037. Power generation from coal in India fell to a five-year low of “just” 1,064 terawatt-hours (TWh) in 2020 due to the COVID-19 induced slowdown. This was only a dip, however, as coal […] Read more
Iberdrola Planning 300 MW Floating Offshore Wind Farm in Spain Updated On Wed, Feb 17th, 2021 by Saurenergy Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, allocating more than EUR 1 billion. Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, to which it would allocate more than EUR 1 billion of investment to commission 300 MW of clean energy […] Read more
Plus Power to Build Two Mega Battery Power Plants in New England Updated On Tue, Feb 16th, 2021 by Saurenergy Battery storage system provider, San Fransisco based Plus Power has won the two biggest bids in the latest capacity auction held by the New England’s International Organization for Standardization (ISO). England ISO operates the transmission grid and competitive power markets in six Northeastern states. Plus Power focuses on standalone battery energy storage systems that foster […] Read more
Matrix Renewables & Rolwind Sign 1 GW Partnership Agreement in Spain Updated On Tue, Feb 16th, 2021 by Saurenergy Matrix Renewables, a global renewable energy platform created and backed by alternative asset manager TPG and its impact investing platform The Rise Fund, will invest in an initial portfolio of 150 MW made up of three solar PV assets located in Huelva, Spain. These assets, which have the ability to co-locate energy storage, are part […] Read more
Epsilon Gets Qualified as Anode Precursor Supplier for Li-ion Batteries Updated On Tue, Feb 16th, 2021 by Saurenergy Epsilon receives initial order for its Anode precursor material and successfully qualifies as a supplier in the global Li-ion battery supply chain Epsilon Advanced Material, a leading domestic manufacturer of advanced cell chemistry materials and a subsidiary of Epsilon Carbon, has received an initial order for its Anode precursor material from two top anode makers […] Read more
Masdar Achieves First Close on 1.6 GW RE Portfolio in US With EDF-R Updated On Mon, Feb 15th, 2021 by Saurenergy Masdar has achieved the first closing on the acquisition of 50 percent of a 1.6 GW clean energy portfolio of projects in the US from EDF R Masdar, one of the world’s leading renewable energy companies, has announced recently that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt […] Read more
