EV Tech Start-up Matter Closes US$ 10 million Round Updated On Fri, Jun 24th, 2022 by Saurenergy Ahmedabad based Matter, a vertically integrated product tech start-up focused on electric mobility and energy storage, has raised an initial US$ 10 million in its latest round of funding. The round drew interest from a diverse set of investors including Capital 2B, a technology fund backed by Infoedge, Climate Angels Fund, and other marquee Indian […] Read more
ACME Moves Ahead On Land For Green Ammonia & Hydrogen Project In Oman Updated On Fri, Jun 24th, 2022 by Saurenergy Renewable energy developer ACME Group today announced signing of a land agreement to set up one of the world’s largest green ammonia projects at Special Economic Zone at Port of Duqm in Oman. ACME signed the agreement with the Public Authority for Special Economic Zones and Free Zones which is a Government authority of Oman. […] Read more
World’s First Open CO2 Transportation Using ABB Technology Updated On Fri, Jun 24th, 2022 by Saurenergy For the primary electrical, automation, and safety systems for Norway’s Northern Lights project, engineering, procurement, and construction (EPC) company Aker Solutions has hired ABB Technology . Northern Lights is a first-of-its-kind project from enterprises across Europe to safely store CO2 (CO2 Transportation). In this project, Northern Lights is creating an open and adaptable infrastructure to […] Read more
Proposed Scheme On Discom Dues Could Lead To Rs 9,000 Crore Flow Towards RE Developers Updated On Thu, Jun 23rd, 2022 by Saurenergy Leading ratings firm CRISIL estimate that the proposed scheme for liquidating discom dues could be a windfall for RE developers, among others. Rs 9,000 crore over the next two fiscals could be released for RE developers, states the firm. This could majorly impact the receivables period of leading RE gencos of 40-50 days from the […] Read more
SUN Mobility & Amazon Launch Battery Swapping Network in Maharashtra Updated On Thu, Jun 23rd, 2022 by Saurenergy Bengaluru-based Energy infrastructure and services provider, SUN Mobility has announced the launch of its battery-swapping network for electric vehicles in Mumbai, Maharashtra. The company is installing these battery swapping stations in collaboration with Amazon India. With the first set of stations placed at Amazon’s sites in Mumbai and Pune, SUN Mobility plans to deploy over […] Read more
Reliance On The Lookout For New Technologies To Make Low-Cost Green Hydrogen A Reality Updated On Thu, Jun 23rd, 2022 by Saurenergy Even as India’s leading firm Reliance Industries Ltd, led by Indian billionaire Mukesh Ambani, seeks newer technologies to make electrolyzers in its efforts to produce low-cost green hydrogen in the country, multiple firms have started launching newer versions of their efforts to drop costs. Thus, while Reliance awaits the production-linked incentives the government may offer […] Read more
India Needs $223 Billion To Meet 500 GW RE Target By 2030 Updated On Thu, Jun 23rd, 2022 by Saurenergy As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […] Read more
Setting Industry Standards for Clean Energy Products Updated On Thu, Jun 23rd, 2022 by Saurenergy In the past few years, clean energy products have gained substantial popularity. Consumers, who are becoming more environmentally conscious by the minute and keen to save money, are embracing the transition to renewable products with open arms. As the Centre looks to reduce carbon emissions by a massive 1 billion tonnes by 2030, more and […] Read more
EVTRIC Motors Promises 110 km On A Single Charge For Its E-Bike Updated On Thu, Jun 23rd, 2022 by Saurenergy EVTRIC Motors, an electric vehicle manufacturer based out of Pune, has announced the release of its first motorcycle – EVTRIC Rise – in the country which is priced at Rs 1.60 lakh. EVTRIC Motors has opened bookings for the newly launched electric motorcycle which requires a deposit of Rs 5,000. The EVTRIC Rise was launched […] Read more
