Ola Electric Leads In December 2022 Too, As Electric 2 Wheeler Sales Top 6 Lac For 2022 Updated On Wed, Jan 4th, 2023 by Saurenergy Ola Electric claims to have sold 25,000 units of electric scooters in December 2022. This figure includes undelivered units, so actual numbers are closer to a still creditable 17,000 plus, out of industry wide sales of 64,000 units. Ola Electric CEO Bhavish Aggarwal said in a blog post that his company has sold nearly 1.5 […] Read more
SES Bets On Li-Metal Batteries For EV Future Updated On Mon, Jan 2nd, 2023 by Saurenergy Headquartered in Massachusetts, SES AI Corporation is a manufacturer and developer of Hybrid Li-Metal rechargeable batteries for electric vehicles (EV) and other applications. SES AI was founded on April 17, 2012, originally as SolidEnergy Systems. Its Li-Metal batteries combine the high energy density of Li-Metal with the cost-effective, large-scale manufacturing of conventional Li-ion batteries. SES […] Read more
Deep Tech Analytics Platform iRasus Raises Seed Funding Updated On Thu, Dec 22nd, 2022 by Saurenergy iRasus, a Deep Tech Analytics platform for EV and Stationary Batteries, has raised an undisclosed amount in seed funding from marquee investors. The funding will expand the company’s offerings across different segments of the market, especially the Electric Mobility Segment. iRasus Technologies, is building a platform to help organize and analyze battery data. Investors in […] Read more
China’s Biggest Energy Storage Facility Goes Live Updated On Thu, Dec 22nd, 2022 by Saurenergy A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […] Read more
High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
The Firms Reliance Bet On For Storage and Cell Manufacturing Updated On Mon, Dec 19th, 2022 by Saurenergy One of the largest private sector corporations in India and a multinational conglomerate, Reliance Industries Ltd. has shown a growing interest in the energy storage sector. Reliance New Energy Limited, a subsidiary firm, designated for its clean energy bentures has been busy – acquiring, signing agreements, or investing in firms. Be it Netherlands based LithiumWerks, […] Read more
Thailand’s Largest Cement Maker Siam Cement Grp Plans $3 Bn Investment in Renewables Updated On Fri, Dec 16th, 2022 by Saurenergy The largest building materials player of Thailand – Siam Cement Group (SCG) – has now come up with a comprehensive investment plan for the coming five years. The key feature this time is that it has special focus on the environmental aspect of the businesses of SCG and the company looks to strive faster towards […] Read more
Battery Storage Player Element Energy Secures $28 Mn Fresh Financing Updated On Thu, Dec 15th, 2022 by Saurenergy California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […] Read more
Pan IIT Alumni Network Organises EV Conclave to Reflect on E-Mobility Ecosystem Updated On Fri, Dec 9th, 2022 by Saurenergy To address the demand, difficulties, and opportunities in the engineering, production, and adoption of EVs, Pan IIT Alumni and Alumni Associations of IIT (BHU) Varanasi bodies organised “The Future Series, the EV Ecosystem Conclave” in Delhi. At the event, academics, policymakers, and experts from across the entire e-mobility ecosystem came together to discuss the importance […] Read more
