Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020 Updated On Sat, Jan 18th, 2020 by Saurenergy Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union Budget, the energy storage industry is expecting various measures including cut in goods and services tax […] Read more
Fortum to Acquire Battery Recycling Specialist Crisolteq Updated On Fri, Jan 17th, 2020 by Saurenergy Fortum is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in li-ion batteries. Fortum has announced that it is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in lithium-ion batteries. The investment strengthens Fortum’s position […] Read more
Volkswagen to Become World’s Largest EV Manufacturer by 2028 Updated On Thu, Jan 16th, 2020 by Saurenergy Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […] Read more
Magenta Power Opens its First R&D Centre in Navi Mumbai Updated On Wed, Jan 15th, 2020 by Saurenergy Magenta Power has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in Navi Mumbai Mumbai based, Magenta Power (ChargeGrid), a leading EV charging solutions provider, has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in India. The new facility will help […] Read more
Nano One Patents new Durable Cobalt-Free Battery Material Updated On Mon, Jan 6th, 2020 by Saurenergy Nano One has been issued a Taiwanese patent relating to lithium nickel manganese oxide (LNMO) cathode material, that eliminates cobalt from the battery Nano One Materials Corp, a firm that is involved in developing patented technology for the low-cost production of high-performance lithium-ion battery cathode materials used in electric vehicles (EVs), energy storage and consumer […] Read more
Tata Motors Inks Pact with Prakriti E-Mobility to Deploy EVs in Delhi Updated On Fri, Dec 27th, 2019 by Saurenergy With an aim to accelerate the e-mobility drive in the national capital region, Tata Motors has entered into partnership with Prakriti E-Mobility, a city-based startup, to deploy 500 Tigor electric vehicles (EVs) in New Delhi. As per the deal, Prakriti E-Mobility will deploy these Tigor EVs on its app-based electric vehicle cab services called ‘EVERA’, […] Read more
Hydrogen will be The Game Changer in Sustainable Mobility Space: Akshay Kashyap Updated On Fri, Dec 27th, 2019 by Saurenergy One of the good things all over the world is that there is a lot of money being poured into battery technology for storage and e-mobility. This will definitely lead to newer, better and cost effective solutions for batteries. Having said that Li-Ion will remain the front runner and we may see solid state batteries […] Read more
Alternet Systems $100 mn E-Mobility Investment Campaign Gains Momentum Updated On Thu, Dec 26th, 2019 by Saurenergy Alternet Systems has a new interest in its USD 100 million investment campaign to fund regionally specific electric mobility technology R&D and production Alternet Systems, Inc. (ALYI) has announced a new interest in the company’s recently announced USD 100 million investment campaign to fund regionally specific electric mobility technology research and development and production. The […] Read more
EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
