Residential Storage Market Project to Reach $17.5 Bn by 2024 Updated On Thu, May 9th, 2019 by Saurenergy A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining […] Read more
Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants Updated On Wed, May 8th, 2019 by Saurenergy The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will […] Read more
Govt. Launches Phased Manufacturing Programme to Aid the Domestic EV Market Updated On Tue, May 7th, 2019 by Saurenergy The Government of India has launched the Phased Manufacturing Programme (PMP) to promote indigenous manufacturing of electric vehicles, its assemblies/sub-assemblies and parts/subparts/inputs of the sub-assemblies thereof. The Government approved the National Mission on Electric Mobility in 2011 and subsequently the National Electric Mobility Mission Plan 2020 was unveiled in 2013 by the then Prime Minister. […] Read more
European Alliance Eyes €6 Bn Investment in EV Batteries Updated On Fri, May 3rd, 2019 by Saurenergy Political leaders across the European Union have long called for a coordinated effort for home-made batteries that would free carmakers from having to rely on Chinese batteries as the industry shifts away from combustion engines. European governments and companies will form an alliance for developing next-generation batteries for electric vehicles, investing between five and six billion euros in […] Read more
BHEL, ARAI Sign MoU for E-Mobility Projects in India Updated On Wed, May 1st, 2019 by Saurenergy BHEL and ARAI will combine their respective strengths in the technology development of E-Mobility solutions Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI), an autonomous body affiliated to the Ministry of Heavy Industries and Public Enterprises have signed an MoU for cooperation on various projects related to e-mobility. In the presence of […] Read more
Ather Energy Announces Entry Into Chennai in June Updated On Wed, Apr 24th, 2019 by Saurenergy Today Ather Energy announced its plan to enter the Indian Auto Hub- Chennai, in June. Chennai became the second city where Ather is expanding after its successful commercial launch in Bengaluru in 2018. Entering the phase of rapid expansion Ather has announced its entry in the auto hub of the country Chennai. The EV firm […] Read more
We Care Solar and Arrow Electronics Win 2019 Edison Award For Solar Suitcase Updated On Wed, Apr 17th, 2019 by Saurenergy The Edison Awards, named after Thomas Alva Edison, recognises and honours the world’s best innovators and innovations. Arrow Electronics and nonprofit We Care Solar have won a 2019 Edison Award for We Care Solar Suitcase 3.0, a portable and durable power system that provides sustainable energy for around-the-clock, effective obstetric care in remote and off-grid maternal health facilities around […] Read more
Grid-Connected Solar Rooftops Have higher Energy Payout Ratio: Report Updated On Wed, Apr 10th, 2019 by Saurenergy The energy produced over the lifetime of typical rooftop solar panels more than makes up for the energy it takes to make, mount and then eventually recycle them. But adding a home battery usually lowers those dividends, according to new research from Stanford University. A new study published by the Royal Society of Chemistry’s Sustainable […] Read more
Over 90% of Electric 2Ws in India To Lose FAME II Subsidy: Report Updated On Mon, Apr 8th, 2019 by Saurenergy A shocking discovery has been made for the Indian electric two-wheeler manufacturers, the much-awaited FAME II scheme eligibility criteria will see around 95% of the existing electric two-wheelers miss the subsidy support, says a report by CRISIL. On March 28, 2019, the Ministry of Heavy Industry and Public Enterprise issued a notification, which laid out […] Read more
