US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public Updated On Mon, Jan 3rd, 2022 by Saurenergy US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […] Read more
Amara Raja To Invest €10 million In EV Battery Specialist Inobat Auto Updated On Fri, Dec 31st, 2021 by Saurenergy India’s second largest battery maker, Amara Raja Batteries is investing €10 million in InoBat Auto, a Norway based firm focused on research and development in the field of batteries for electric vehicles and production of lithium-ion battery cells as well as tailored and customs cells. The investment will be in the form of a subscription […] Read more
Reliance Buys Sodium Ion Battery Firm, Faradion Limited in £100 Million Deal Updated On Fri, Dec 31st, 2021 by Saurenergy In a regulatory filing on December 30, Reliance Industries Limited has announced that its solar subsidiary, Reliance New Energy Solar Limited (RNESL), will buy UK based sodium ion battery technology provider Faradion Ltd for 100 million pounds including debt. Sodium Ion batteries have been considered a solid prospect for lower storage costs. Or as Faradion’s […] Read more
Tata Power-DDL Wins in 2 Categories at 13th Global CSR Awards Updated On Wed, Dec 29th, 2021 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL) has recently won two prominent awards at the prestigious 13th Global CSR Awards: the Platinum Award under the ‘Best Country Award for Overall CSR Performance’ category and the Silver Award under the ‘Best Community Programme’ category. The company serves round 7 million people in the national capital. The Global CSR […] Read more
New Report Offers Insight on Lowering Commercial EV Battery Costs Updated On Wed, Dec 29th, 2021 by Saurenergy A steady stream of headlines illustrates significant progress in commercial vehicle markets. New technologies come to market regularly, and tens of millions of incentive voucher dollars are fully reserved in minutes. However, the zero-emission electric commercial vehicle market has a challenge at its core – battery costs and sourcing and supply conditions. Clean transportation solutions […] Read more
Electronics and Power Major Microtek Takes Aim At Solar Segment Now Updated On Tue, Dec 28th, 2021 by Saurenergy Microtek, one of the earliest manufacturers of monitors, followed by inverters and more in India, has set its sights on a major growth drive, and solar will be a key part of that. At a channel event in New Delhi, where the firm also set up a functional 18 KW system to showcase its prowess […] Read more
As Delhi Govt Plans to Ask Aggregators Switch to EVs, Need to Introspect on Solar Rooftop Failure too Updated On Mon, Dec 27th, 2021 by Saurenergy The Delhi government is going to ask e-commerce companies, food delivery services and cab aggregators to completely switch to electric vehicles (EVs) as it aims to increase the EV share in total vehicle sales to 25 percent by 2024 to check air pollution, according to officials. It is also going to ask dealers and petrol […] Read more
EV Charging Startup Charzer Ties Up with ADDA For Charging Stations In Apartments Updated On Mon, Dec 27th, 2021 by Saurenergy Bengaluru based EV charging infrastructure startup, Charzer has partnered with ADDA, a comprehensive society management system, to build EV charging infrastructure in apartment complexes and gated communities. By getting empanelled on ADDA Discover for Association Platform, in the first phase, Charzer will install smart EV charging stations across 1500 apartment complexes across India in the […] Read more
Okaya Launches High-Speed E-scooter ‘Faast’ at ₹89,999 Updated On Mon, Dec 27th, 2021 by Saurenergy Okaya Electric Vehicles, an Indian battery manufacturer based in Gurugram, launched its latest high-speed e-scooter — Okaya Faast — at the EV Expo 2021 that was recently held at India Expo Mart, Greater Noida. The new e-scooter offers a top speed of 60-70 kmph and has a range of between 150-200 km per charge depending on usage, […] Read more
