Reliance Joins Bill Gates, Paulson To Pump $144 M Into Energy Storage Firm Ambri Inc Updated On Tue, Aug 10th, 2021 by Saurenergy Reliance New Energy Solar Ltd (RNESL), Bill Gates, Japan Energy Fund and a few other strategic partners are investing $144 million into US energy company Ambri Inc to help it commercialize and grow its daily cycling, long-duration system technology, and build a domestic manufacturing facility. “This financing supports the commercial growth of our company and technology,” said Dan […] Read more
Iron-based Batteries’ Future Looks Bright As Tesla Weighs In Updated On Fri, Aug 6th, 2021 by Saurenergy Of late, leading executives in the automotive sector have been indicating a reversion to older, cheaper lithium-iron-phosphate (LFP) batteries in their products. Tesla CEO Elon Musk has recently spoken of such a shift in the company’s energy storage devices and some entry-level EVs. Additionally, Ford CEO Jim Farley has said the company would use LFP batteries […] Read more
India’s Energy Storage Tech Capacity to Reach 180-800 GW by 2050 Updated On Fri, Aug 6th, 2021 by Saurenergy During the last decade, the cost of energy storage technologies, primarily lithium-ion battery energy storage systems (BESS), has declined rapidly and is projected to decline further over the next decade. This comes at a time when electricity grid flexibility is being recognised as an essential resource for reliable operations and for integrating high amounts of […] Read more
Quantumscape Races To Deliver Its Breakthrough Solid State Battery For EV’s Updated On Tue, Aug 3rd, 2021 by Saurenergy QuantumScape founder and CEO Jagdeep Singh continues to be optimistic about his firms progress, even as the firm’s stock price has been beaten down this year. the firm, which listed after merging with a SPAC (Special Purpose Acquisition Company). The firm’s biggest shareholder is Volkswagen AG with a 26% stake. Singh highlighted a key milestone […] Read more
Omega Seiki To Invest Rs. 100 Crore for EV Manufacturing Unit in UP Updated On Mon, Aug 2nd, 2021 by Saurenergy A member of the Anglian Omega Group, Omega Seiki Mobility (OSM), has signed a Memorandum of Understanding (MoU) with Youth Rural Entrepreneur Foundation (YREF) to set up an electric vehicle (EV) manufacturing facility in Ghazipur, Uttar Pradesh. The Indian OEM has also announced to invest Rs 100 crore for the EV manufacturing unit in the […] Read more
India’s EV Sector Attracts Rs. 25,000 Crore Investments Till July 2021 Updated On Mon, Aug 2nd, 2021 by Saurenergy Indian EV sector recorded Investments of approx. Rs. 25,000 crore during the first seven months of this year. The second wave of Covid-19 was highly destructive to almost every sector of the country. However, the electric vehicle (EV) and e-mobility sector says a different story, as it has witnessed numerous financial deals and investments. India’s e-mobility […] Read more
Andhra Pradesh to Switch Auto-rickshaws into Electric under ‘Go Electric’ Campaign Updated On Mon, Aug 2nd, 2021 by Saurenergy The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has launched a pilot project to convert the holy city, Tirupati into a Zero-emission city. Under the pilot project, NREDCAP will ramp up the electric vehicle (EV) adoption in the city by introducing more EVs and charging infrastructure. The project involves introducing three electric […] Read more
BTM Storage is Closer Than You Think In India, Says Report Updated On Fri, Jul 30th, 2021 by Saurenergy Integrating large amounts of behind-the-meter (BtM) battery storage and consuming their own energy will be possible for non-residential consumers by 2025, enabling a distributed energy future, says a new report Auroville Consulting. The report findings are based on the levelized cost analysis of solar-plus-energy storage systems for consumers in Tamil Nadu. The status report titled […] Read more
Mango, Letin For the World, The Cheapest Electric Car In The World Updated On Wed, Jul 28th, 2021 by Saurenergy China tops the list of electric vehicle (EV) developers and electric mobility promoters. With close to 500 automakers EV manufacturers, the competition is intense. On company is going back to the original Chinese premise for success. Build them cheap. Levdeo, one of the EV makers in the country, headquartered in Shandong, China, is aiming to […] Read more
