Nanotech Energy Secures $64 M for Global Graphene Business Updated On Wed, Aug 11th, 2021 by Saurenergy American graphene-based batteries maker Nanotech Energy has raised $64 million Series D funding at a $550 million post-Series D valuation to accelerate international expansion, including the launch of its EU headquarters in Amsterdam, and to develop a new high-volume graphene battery manufacturing facility in Reno, Nevada, US. Led by Taiwan’s largest financial services company, Fubon Financial Holding […] Read more
Joe Biden Sets About Correcting Trump Largesse For ICE Auto Firms Updated On Tue, Aug 10th, 2021 by Saurenergy US President Joe Biden’s recent order aimed at making half of all new vehicles sold in the US in 2030 electric is expected to make a dent in the country’s consumption and emission levels, even though it’s a non-binding deal with the country’s biggest automakers. The administration has also proposed new vehicle emissions standards that […] Read more
Battery Startup Log 9 Materials Raises $5 million from Amara Raja Batteries Updated On Mon, Aug 9th, 2021 by Saurenergy Bengaluru-headquartered advanced battery-tech Log 9 Materials has announced an equity partnership and collaboration with Amara Raja Batteries (ARBL), one of India’s largest manufacturers of industrial and automotive batteries. The deal involves an investment of $5 Million from Amara Raja Batteries during its ongoing Series A+ funding round. For ARBL, the investment follows the announcement of […] Read more
Mumbai Gets 35 electric Buses as Tata Motors Starts Delivery of 340 Bus Order Updated On Mon, Aug 9th, 2021 by Saurenergy Tata Motors, has delivered 35 state-of-the-art Starbus electric buses (e-bus) as a part of the larger order of 340 electric buses to Brihanmumbai Electric Supply and Transport (BEST). BEST is a civic transport and electricity provider public body based in Mumbai, Maharashtra. Tata Motors has undertaken to build, deploy, maintain and operate the complete charging […] Read more
India’s Energy Storage Tech Capacity to Reach 180-800 GW by 2050 Updated On Fri, Aug 6th, 2021 by Saurenergy During the last decade, the cost of energy storage technologies, primarily lithium-ion battery energy storage systems (BESS), has declined rapidly and is projected to decline further over the next decade. This comes at a time when electricity grid flexibility is being recognised as an essential resource for reliable operations and for integrating high amounts of […] Read more
As Renew Solar Withdraws, 2 New Licences Issued for Power Trading Updated On Mon, Aug 2nd, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has issued three new orders pertaining to trading licences, approving Renew Solar’s surrender of its ‘Category IV’ inter-state trading licence and granting new ‘Category V’ inter-state trading licences to energy firms Shubheksha Advisors and Reneurja Power. In 2017, Renew Solar Services Private Limited was granted licence for Category IV to […] Read more
Andhra Pradesh to Switch Auto-rickshaws into Electric under ‘Go Electric’ Campaign Updated On Mon, Aug 2nd, 2021 by Saurenergy The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has launched a pilot project to convert the holy city, Tirupati into a Zero-emission city. Under the pilot project, NREDCAP will ramp up the electric vehicle (EV) adoption in the city by introducing more EVs and charging infrastructure. The project involves introducing three electric […] Read more
BTM Storage is Closer Than You Think In India, Says Report Updated On Fri, Jul 30th, 2021 by Saurenergy Integrating large amounts of behind-the-meter (BtM) battery storage and consuming their own energy will be possible for non-residential consumers by 2025, enabling a distributed energy future, says a new report Auroville Consulting. The report findings are based on the levelized cost analysis of solar-plus-energy storage systems for consumers in Tamil Nadu. The status report titled […] Read more
Godi Energy Raises Funds to Set Up Li-ion Cell Manufacturing Facility Updated On Thu, Jul 22nd, 2021 by Saurenergy Godi Energy, a Hyderabad-based energy technology company, has announced that it has raised funds from Blue Ashva Capital, through its Blue Ashva Sampada fund, to set up supercapacitor and lithium-ion cell manufacturing facilities in India. Founded by Mahesh Godi, CEO of Godi India Pvt Ltd, the company focuses on R&D and manufacturing of sustainable energy […] Read more
