FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac Updated On Wed, Jan 20th, 2021 by Saurenergy All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […] Read more
EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
3rd Deadline Extension for Empanelment of Agencies in E-Mobility Space Updated On Mon, Jan 18th, 2021 by Saurenergy SECI has, for the third time, extended its EOI for empanelment of agencies for work on business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has, for now, the third time, extended its EOI for empanelment of agencies for the identification & implementation of business opportunities in the electric mobility (e-mobility) […] Read more
EV Battery Startup Gegadyne Energy Welcomes $5 Mn Investment from V-Guard Updated On Sat, Jan 16th, 2021 by Saurenergy EV battery provider Gegadyne Energy Labs has announced that it has received an investment of USD 5M from electric appliance maker, V-Guard. Mumbai based, quick electric vehicle (EVs) battery provider Gegadyne Energy Labs Pvt Ltd announced receiving an investment of USD 5 million from electric appliance maker, V-Guard. The CEO and Founder of Gegadyne Jubin […] Read more
Mitsubishi Power Bagged Storage Orders Worth 151,000 MWh in Americas in 2020 Updated On Fri, Jan 15th, 2021 by Saurenergy Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with 151,000 MWh in energy storage orders Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with orders for 151,000 megawatt-hours (MWh) of energy storage capacity of all durations. The all-duration category covers utility-scale […] Read more
Transport Department Tenders For Operation of 575 Electric Buses in Delhi Updated On Thu, Jan 14th, 2021 by Saurenergy Transport Department of Delhi has issued three RFQP’s for the operation of 575 electric buses in three clusters of the capital. Transport Department of Delhi has issued three request for qualification and proposals (RFQP) for the operation of 575 electric buses (E-buses) in the capital. Three tenders have been issued by the Government of National […] Read more
Hyundai Motor Company Reveals Glimpse of First Image of IONIQ 5 Updated On Wed, Jan 13th, 2021 by Saurenergy South Korea based automobiles provider Hyundai Motor Company has revealed the first images and videos of the highly anticipated IONIQ 5 midsize CUV, the first model in its IONIQ dedicated battery electric vehicle (BEV) lineup brand. IONIQ 5 will be the first EV coupled with Hyundai’s Electric-Global Modular Platform made exclusively for next-generation electric cars […] Read more
Tata Motors Bags 3 Awards at National Energy Conservation Award 2020 Updated On Wed, Jan 13th, 2021 by Saurenergy Tata Motors has bagged the National Energy Conservation Award (NECA) 2020 for its energy conservation measures Tata Motors has announced that it has bagged the prestigious National Energy Conservation Award (NECA) 2020 for its energy conservation measures, instituted by the Bureau of Energy Efficiency (BEE). The company’s Jamshedpur, Lucknow and Pantnagar plants won ‘First Prize’, […] Read more
cKers Finance Ties Up with OTO Capital, Promoting E2Ws in India Updated On Tue, Jan 12th, 2021 by Saurenergy cKers Finance, a ‘sustainable energy finance firm” yesterday announced its debt financing tie-up with OTO Capital, a finance startup for two-wheelers, for its electric two-wheelers (E2Ws) leasing program in India. cKers has set-up an initial line of INR 30 million for OTO. OTO will use this facility to purchase E2Ws in India, which will then be […] Read more
