BYD Overtakes Tesla on EV Leaderboard To Become World’s Biggest EV Producer Updated On Wed, Jul 6th, 2022 by Saurenergy China’s BYD has seized Tesla’s crown as the world’s biggest EV producer. This comes as a consequence of the number of sales reflected in the first six months of 2022, as per July 5 filing by the company. The Shenzhen-based carmaker sold about 641,000 new energy vehicles (NEVs), including electric vehicles and hybrids, in the […] Read more
Australia Will Now Supply Lithium, Other Critical Minerals To India Updated On Wed, Jul 6th, 2022 by Saurenergy Australia has committed to supplying critical minerals, like cobalt and lithium, to augment India’s electric vehicles, solar power, defence and other strategic segments. During the Australian visit of India’s Minister for Coal and Mines, Pralhad Joshi, Australia’s Minister for Resources and Minister for Northern Australia, Madeleine King held that the island country would commit AUD […] Read more
After over 90% Erosion In Value, QuantumScape Future Has Many Possibilities Updated On Wed, Jul 6th, 2022 by Saurenergy Wall Street has been ominous for most stocks in 2022, more so on smaller, unprofitable growing companies which are typically more sensitive to rising rates, inflation and supply chain challenges. The same has been the case with QuantumScape (QS) investors. QS stock is losing money and there are no product revenues. It is a special-purpose […] Read more
The Long Road For Electric Trucks In India Updated On Wed, Jul 6th, 2022 by Saurenergy The transportation sector is responsible for nearly 14% of India’s total GHG emissions. It is also the fastest-growing greenhouse gas emissions sector in India. Road transport, in particular, accounts for over 90% of transport emissions in the country. Therefore, to achieve the net-zero goals, India has to decarbonise road transport. Electrification of road transport will […] Read more
Germany Puts A Stop To Landmark Renewables Levy On Consumer Power Prices Updated On Tue, Jul 5th, 2022 by Saurenergy Starting 1 July 2022, people will not have to pay from their own pockets directly via power bills for renewable energy generation in Germany, but from a state fund. This levy, that often accounted for one fifth of the consumer power price and 3.7 cents per kilowatt-hour, was paid for by households and businesses through […] Read more
Fluence Energy, Rich Electric To Deploy 100 MW BESS In Taiwan Updated On Tue, Jul 5th, 2022 by Saurenergy Fluence Energy has announced a strategic partnership with Rich Electric, a Taiwanese battery-based energy storage systems player, wherein the two companies will deploy a 100 MW battery-based energy storage system in Hualien to support Taipower’s automatic frequency control (AFC) services. Fluence Energy is a leading global provider of energy storage products and services, and digital […] Read more
Nuclear Power Can Catalyse Transition To Energy Systems Dominated By Renewables, Says IEA Updated On Tue, Jul 5th, 2022 by Saurenergy As per a report by IEA, nuclear power has the potential to enable countries to move towards energy systems that are dominated by renewables. The report states that countries that are accelerating their nuclear power or continuing its use stand to benefit as it nuclear power reduces dependence on imported fossil fuels, reduce carbon dioxide […] Read more
ACME Green Hydrogen Will Invest Rs 52,474 Crore In Tamil Nadu Updated On Tue, Jul 5th, 2022 by Saurenergy ACME Green Hydrogen and Chemicals Pvt. Ltd. will be constructing a green ammonia and green hydrogen manufacturing plant in Tamil Nadu with an investment of Rs 52,474 crore. The facility is planned for the port town of Thoothukudi. The Tamil Nadu government has signed 60 MoUs with many companies at the Tamil Nadu Investors’ First […] Read more
Kinetic Green Energy And Cholamandalam Sign Pact To Finance EVs Updated On Mon, Jul 4th, 2022 by Saurenergy Pune based EV manufacturer Kinetic Green Energy on July 4 announced that the buyers can finance their EVs with Cholamandalam Investment and Finance Company, Chennai-based Murugappa Group’s financial services arm. Both the companies having entered into an agreement, under which the customers can avail themselves of getting the EVs financed by Chola. Kinetic manufactures both electric […] Read more
