Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
eBikeGo to Install 1 Lakh Smart EV Charging Stations Across 7 Cities Updated On Tue, Sep 28th, 2021 by Saurenergy eBikeGo, a leading electric two-wheeler mobility platform, has created an economical IoT-enabled smart charging solution, eBikeGo Charge, which can be accessed via the eBikeGo Charge Mobile App. Wi-fi enabled, it can even monitor real-time charging statistics for a seamless charging experience, said the company. Indian 2 Wheeler unit sales stood at 21.2 million units in […] Read more
Wary of China, Quad Nations To Focus on Solar Supply Chain Updated On Mon, Sep 27th, 2021 by Saurenergy The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia’s Prime Minister Scott Morrison. The Quad nations, in their first in-person summit on Friday in Washington, agreed on a partnership to secure critical […] Read more
Solar Hybrid Systems Firm Zola Electric Raises $90 million Updated On Fri, Sep 24th, 2021 by Saurenergy ZOLA Electric, the Amsterdam, Netherlands-based renewable energy technology company solving Energy Access and Energy Equality in emerging markets, has announced the successful completion of a $90 million capital raise, comprised of $45 million of equity, $45 million of debt. The firm has a strong footprint in Africa for now, with its ZOLA flex plug-and-play, connected, […] Read more
LG Energy Solution Takes Over US-based NEC Energy Solutions Updated On Wed, Sep 22nd, 2021 by Saurenergy South Korean lithium-ion battery manufacturer LG Energy Solution (LG ES) has acquired US-based sector player NEC Energy Solutions from NEC Corporation for an undisclosed sum. The news was unveiled on Friday by BDA Partners, which served as the exclusive financial advisor to LG on the transaction. Japan’s NEC Corporation has transferred all shares in NEC Energy […] Read more
Battery Resourcers Secures $70 M to Expand Recycling Tech Updated On Wed, Sep 22nd, 2021 by Saurenergy Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the closing of its latest mid-round funding totalling $70 million. The company will use this latest funding round to advance and expand its sustainable, cutting-edge closed loop material production technology that accepts mixed input of scrap batteries and end of life batteries […] Read more
A PLI Scheme For Inverters Could be a Game Changer for India Updated On Wed, Sep 15th, 2021 by Saurenergy For Fimer India, ever since it completed its acquisition of ABB’s Solar Inverter business in March 2020, it has been all about building on it in India. Present in the country since 2010, it’s not like the firm was not known brand in India. Just that they are suddenly in the top tier, with plans […] Read more
“Low Ceiling Tariff Has Impacted the Participation of Farmers and Developers in PMKUSUM” Updated On Tue, Sep 14th, 2021 by Saurenergy SAEL Limited has emerged as a key solar EPC in North India, with an established capacity of 350 MW already in place. The firm is currently setting up 300MW fully automated Module Manufacturing Facility at Firozpur, Punjab. This will also Manufacture EV Chargers as well as Li-Ion Batteries for EV Market. We got in touch […] Read more
After Hurricane Ida, Communities in US Get help From Solar Installations Updated On Mon, Sep 13th, 2021 by Saurenergy South Louisiana communities hit hard by Hurricane Ida are now using the power of the sun in their recovery efforts. New Orleans Solar Company, PosiGen Solar, has teamed up with the Footprint Project to deploy 12 solar power stations at disaster supply sites in hurricane-damaged areas. A dozen firehouses, churches and community centers damaged or […] Read more
