Grid-Scale Energy Storage Systems Are The New Evolution for Energy Sector Updated On Wed, Jul 6th, 2022 by Saurenergy In the next decade, Energy Storage Systems (ESS) is tipped to make its mark in the power industry. The most recent standalone ESS tenders from Solar Energy Corporation of India and NTPC are poised to increase capacity and augment the growth of the regional ecosystem. India’s goals for renewable energy will depend heavily on […] Read more
EV Batteries in 5% GST Bracket to Support Faster Adoption Updated On Tue, Jul 5th, 2022 by Saurenergy The GST rates on lithium-ion battery packs have been reduced by the government from 18 percent to 5 per cent which is the lowest tax category. A statement by the Finance Ministry held, “Electric vehicles, whether or not fitted with a battery pack, are eligible for the concessional GST rate of 5 percent.” This was […] Read more
EV Chargers’ Association Proposes A Black Box To Stop EV Battery Fires Updated On Tue, Jun 28th, 2022 by Saurenergy The recent spate of the batteries in electric vehicles catching fire like e-scooter or four wheeler has sent the Charge Point Operators Society (CPOS) of India into a huddle for a solution because of the concerns over safety deterring the prospective buyers. On June 27, the body proposed that a black box system should be […] Read more
Haryana Approves New EV Policy, Commits To 100% e-Mobility Updated On Tue, Jun 28th, 2022 by Saurenergy Haryana Chief Minister Manohar Lal Khattar and his cabinet met on June 27 and approved the State Electric Vehicle (EV) Policy 2022 inviting several EV manufacturers to avail themselves of the the financial incentives offered. Haryana will observe 2022 as year of Electric Vehicles. The EV Policy aims to protect the environment, reduce carbon footprint, […] Read more
Battery Smart Raises $25 Million Funding Led by Tiger Global Updated On Tue, Jun 28th, 2022 by Saurenergy Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global. Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […] Read more
Battery Swapping Primer: A Viable Alternative to Charging Stations Updated On Mon, Jun 27th, 2022 by Saurenergy Battery swapping can be a game-changer, bringing the world a few steps closer to electric vehicles. It has the potential to enhance the attractiveness of electric mobility by addressing both the early market purchase price disparities with conventional vehicles and, importantly, the recharging time challenges of electric vehicles (EVs). A swap station offers a fully […] Read more
Toyota Partners With Redwood Materials For Closed Loop EV Batteries Updated On Wed, Jun 22nd, 2022 by Saurenergy Toyota Motors has swung into action by driving the future of its electric vehicles (EV) with help from its new partner, a battery recycling startup, Redwood Materials, founded by Tesla Co-founder and former CTO, JB Straubel. The startup will help the Japanese automaker develop a battery supply chain that collects, recycles, refurbishes and remanufactures EV […] Read more
SOLshare and Shakti Foundation Connect Solar P2P Microgrid To National Grid in Bangladesh Updated On Wed, Jun 22nd, 2022 by Saurenergy In what could be termed a pathbreaking initiative in the solar microgrid sector, SOLshare and Shakti Foundation have joined hands to interconnect one of their P2P solar microgrids in a village of Bangladesh by way of a single point called the “Point of Common Coupling” (PCC). This move will help feed the excess solar energy […] Read more
Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business Updated On Mon, Jun 20th, 2022 by Saurenergy Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […] Read more
