EV Manufacturers Optimistic About New EV Policy Announced by Tamil Nadu Updated On Wed, Feb 15th, 2023 by Saurenergy Last month, when most States began the year on a note of optimism around EVs, uncertainty loomed large over Tamil Nadu’s EV sector. The State, which had offered multiple incentives for EVs, fell silent on the extension of the same, which concluded on December 31, 2022. This, of course, was followed by worry from EV […] Read more
The Story of Yichun: The Lithium Capital of Asia Updated On Wed, Feb 15th, 2023 by Saurenergy Yichun is a mountainous prefecture-level city in western/northwestern Jiangxi Province, China, bordering Hunan to the west. The city is famously known as the Lithium Capital of Asia, as a result of the mammoth availability of the resource in the region. The city produced around 81,000 tons of lithium carbonate in 2021 – more than a […] Read more
Vast Solar Gets $65 Million Funding from ARENA for Australia’s Concentrated Solar Plant Updated On Tue, Feb 14th, 2023 by Saurenergy The Australian Renewable Energy Agency’s (ARENA) has announced a funding of $65 million to renewable energy developer Vast Solar to help the firm deliver its VS1, the 30 MW/ 288 MWh concentrated solar plant in Port Augusta, South Australia. The funding is expected to create hundreds of jobs and be the catalyst for an Australian […] Read more
Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant Updated On Mon, Feb 13th, 2023 by Saurenergy The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […] Read more
Electric CV Distribution and Financing Firm Turno Raises $13.8 m Funding Updated On Fri, Feb 10th, 2023 by Saurenergy Turno, an EV distribution and financing platform firm has announced that it has raised $13.8 million (~ INR 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. The funds will be utilized to expand its Electric Vehicle distribution platform across India and build a complete used battery […] Read more
Himachal’s Sirmaur District to Get 100 EV Charging Stations Updated On Thu, Feb 9th, 2023 by Saurenergy The electric vehicle industry is rising and its robust expansion in near future looks imminent for multiple reasons – policy support, capacity of industries and environmental consciousness of consumers. Hence, in order to up the adoption of EVs, the Himachal Pradesh administration will be deploying 100 electric vehicle charging stations in the Sirmaur district. As […] Read more
CIF Grants $70 Million To Colombia For Renewable Energy Integration Updated On Tue, Feb 7th, 2023 by Saurenergy The Climate Investment Funds (CIF) has decided to provide a $70 million loan to the South American country of Colombia at a low interest rate to enable the country to transition to clean energy. With this, Colombia will become the first country to benefit from CIF. The fund was created for speedy growth of renewable energy […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
“A thriving urban mining ecosystem is essential to reduce reliance on imports”, Saurav Goyal, Metastable Materials Updated On Tue, Jan 31st, 2023 by Saurenergy Bengaluru-based battery recycling startup Metastable Materials is pioneering a first-of-its-kind, chemical-free technology and system named ‘Integrated Carbonthermal Reduction’ (ICR) for ‘recycling’ of Li-Ion batteries in a sustainable and eco-friendly manner that can extract a wide range of materials from batteries, with more than 90% recovery rate. We caught up with co-founder and COO Saurav Goyal […] Read more
