Suzuki Motor turns, targets Rs 10,440 cr investment into EV’s by 2025 Updated On Mon, Mar 21st, 2022 by Saurenergy Japan’s leading automaker and Indian market leader Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the electric vehicles and battery segment in India. Its Indian subsidiary Maruti Suzuki may launch electric car models both in India and Japan by 2025. This is the first major […] Read more
“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy Updated On Sat, Mar 19th, 2022 by Saurenergy The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […] Read more
GoodWe Hits 1.5 GW Milestone in India Updated On Wed, Mar 16th, 2022 by Saurenergy Inverter major GoodWe, which has been a particularly strong player in the residential and commercial rooftop segment until recently, when it expanded offerings to the utility segment too, has crossed the 1.5 GW milestone in India. Considering the fact that a significant part of this number was achieved on the back of residential and commercial […] Read more
GoodWe, Skill Council For Green Jobs Join Hands For Training On BESS Updated On Tue, Mar 15th, 2022 by Saurenergy Early this month on March 3 and 4, inverter firm GoodWe joined up with the Skill council for green jobs to train industry professionals on a 2 day programme called “Battery as an Energy Storage System” (BESS). GoodWe, as a key player in the solar inverter market in India, and with a portfolio of energy […] Read more
‘The biggest benefit as a start-up is that we are quick to pivot’ Updated On Mon, Mar 14th, 2022 by Saurenergy For Gujarat-based Greta Electric and its founder Raj Mehta, 2022 will be the year when the firm makes a decisive move in its mission. With the launch of 4 electric scooter models late last year, the firm is now seeking to expand its footprint more widely outside its home state. Priced between Rs 60,000 to […] Read more
The Top 5: India’s Leading-Battery Makers and Their EV battery Plans Updated On Fri, Mar 11th, 2022 by Saurenergy In the changing global scenario of battery usage technology, it is worthwhile to observe how India’s Leading-Battery Makers cater to the requirements, and what their EV battery plans are. The stored-energy needs worldwide have increased with the emergence of the EV segment as a substitute to conventional ICE. With that, the demand for better batteries […] Read more
Venture capital rolls in for EV battery startups Updated On Thu, Mar 10th, 2022 by Saurenergy A key development in the global EV industry’s advancement last year was a striking rise in venture capital for EV battery startups, which indicates an upward graph for the trend in 2022 both within and beyond India. Globally speaking, 2021 saw EV battery startups raising over $3.6 billion through funding rounds led by big names […] Read more
Multi GW RE growth opportunity for Origin Energy this decade, says firm Updated On Wed, Mar 9th, 2022 by Saurenergy Australian oil and gas major Origin Energy Limited (Origin) has announced it intends to undertake an initial on-market share buy-back of $250 million. The share buy-back is expected to commence in April 2022. Origin CEO Frank Calabria said, “Origin is in a strong financial position, with a robust outlook for the business and a capital structure […] Read more
The Top 5: Reasons Indians are Hesitant to go with E2W Updated On Wed, Mar 9th, 2022 by Saurenergy India is the largest two-wheeler mobility market in the world, with sales peaking at 21 million units in 2019. With the growing concerns over pollution-induced climate change, electric mobility is seen as a substitute for fossil-fuel-dependent conventional vehicles. Two wheelers is also where adoption is expected to be earlier and faster due to lower costs […] Read more