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
Sunlit Power, Lucas TVS Collaborate For Supply Of 50,000 EV Motors Updated On Tue, Jan 31st, 2023 by Saurenergy Sunlit Power has announced that it has partnered with Lucas TVS and under the terms of the collaboration, it will supply 50,000 electric vehicle motors and controllers manufactured by the TVS Group firm to many industries. Sunlit Power is a storage battery manufacturer and distributor. The company manufactures the ARENQ brand of batteries. As per […] Read more
JV Forged Between Delhi’s Omega Seiki Mobility & USA’s Li-Ion Cell Manufacturer iM3NY Updated On Mon, Jan 30th, 2023 by Saurenergy Omega Seiki Mobility (OSM), a part of the Anglian Omega Group has announced a joint venture with iM3NY, a prominent battery technology player in the US. The JV will pave the way to bring battery cell technology in the Indian market- a first such from the subcontinent, the firms claim. OSM had previously signed a […] Read more
EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023 Updated On Mon, Jan 30th, 2023 by Saurenergy Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […] Read more
Luminous Announces India’s First Green Solar Panel Manufacturing Facility In Uttarakhand Updated On Fri, Jan 27th, 2023 by Saurenergy Delhi-based Luminous Power Technologies has announced its new state-of-the-art solar panel manufacturing plant in the northern state of Uttarakhand. Located in the industrial region of Rudrapur, the state-of-the-art facility is equipped with the latest technology to design and produce high-quality solar panels that will be used for both residential and commercial applications. The new manufacturing […] Read more
