Ola Electric Sets the Ball Rolling for 100GWh Factory at Tamil Nadu Updated On Thu, Jun 22nd, 2023 by Saurenergy Ola Electric has kickstarted the establishment of what is set to be India’s biggest Gigafactory. The gigafactory, which is to come up in Krishnagiri, Tamil Nadu, will begin with an initial capacity of 5 GWh and later, expand to 100 GWh in a phase-wise manner. The firm has set sights on beginning operations by next […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
Chinese Battery Manufacturer EVE Energy Scores Second Gigawatt Scale US Deal Updated On Tue, Jun 20th, 2023 by Saurenergy China based lithium-ion battery manufacturer EVE Energy has signed a deal with American Battery Solutions for 5GWh of LFP lithium-ion cells a year for ABS’s TeraStor platform. The master supply agreement (MSA) will see American Battery Solutions (ABS ESS) procure 5GWh of lithium iron phosphate (LFP) battery cells from Eve for its grid-scale energy storage […] Read more
Indian Investor, Others Help Australian Battery Startup Sicona To Raise AU$22m Funds Updated On Thu, Jun 15th, 2023 by Saurenergy Australian battery startup Sicona Battery Technologies (Sicona) has now announced raising AU $22 million in Series A funding, which will be used to further the company’s development plans in Australia and the United States. The $22 million investment was led by India’s Himadri Speciality Chemical Ltd, leading Australian venture capital investor Artesian, and Electrification & […] Read more
Volvo Introduces All-Electric C40 Recharge SUV in Indian Market Updated On Wed, Jun 14th, 2023 by Saurenergy Volvo Car India has unveiled its highly anticipated all-electric C40 Recharge SUV, marking the brand’s second electric vehicle (EV) in the Indian lineup. The C40 Recharge EV will be available in a single variant, and its pricing will be announced in August 2023, with deliveries scheduled to commence in September 2023. The C40 Recharge will […] Read more
ChakraPaani: A ‘Solar Hand Pump’ Designed to End Rural India’s Water Woes Updated On Fri, Jun 9th, 2023 by Saurenergy The MSME sector is proving its worth in the age of innovation and creativity. One such firm in Kanpur, Shri Ram Rashmi Industries has come up with a new solar hand pump called ChakraPaani which it claims needs just a third of solar energy electricity compared to other solar pumps. When the radiation is low, […] Read more
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] Read more
Tata Group to Build Rs 13,000 Crore EV Battery Plant in Gujarat Updated On Sun, Jun 4th, 2023 by Saurenergy India’s industrial conglomerate Tata Group has signed an MoU with the state government of Gujarat to build a lithium-ion cell factory in the state. As per the terms of the agreement, the lithium-ion cell factory will come up with an investment of about Rs 13,000 crore ($1.6 billion) in Sanand. The deal was signed by […] Read more
Acen Set To Build Largest Battery Storage Project In Australia Updated On Wed, May 31st, 2023 by Saurenergy Acen, the Phillipines based renewable energy major that is part of the Ayala group, is set to make Australia’s largest storage battery project linked to a solar farm. The project, to come up in the New England region of New South Wales, has secured approvals to take its size to 1.4 GW (1,400MW) and 2.8 […] Read more
