Waaree Energy Storage System Secures Seed Funding of USD 2 Million Updated On Thu, Apr 8th, 2021 by Saurenergy Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […] Read more
Progress On Aluminium Based Storage Batteries Updated On Wed, Apr 7th, 2021 by Saurenergy In recent time, capturing solar energy has been becoming quite affordable, but the cost and technology to store it, given that its supply is irregular, has not kept pace. Now, scientists at Cornell University in the US have developed cheap and long-lasting batteries using aluminium, a low-cost alternative that is abundant and has a well […] Read more
Taiwan Cement Announces NT$10 Billion Investment for Super Battery Factory Updated On Wed, Apr 7th, 2021 by Saurenergy As one of the top ten cement companies in the world, Taiwan Cement (TCC) greatly emphasizes on the climate and environmental impacts the cement industry causes. TCC Chairman Nelson Chang states, “Everyone has only one nationality, Earth.” In 2020, TCC joined industry peers to support the Climate Ambition to deliver carbon neutral concrete products in 2050 announced […] Read more
Electric Vehicles Market Share to Exceed 50% From 2033: Rystad Updated On Mon, Apr 5th, 2021 by Saurenergy The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […] Read more
Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand Updated On Tue, Mar 30th, 2021 by Saurenergy The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYD’s net income reached 4.2 billion yuan or USD […] Read more
Tata Power-DDL Powers up India’s 1st Grid-Tied Community Energy Storage System Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power-DDL has launched India’s first Grid-Connected Community Energy Storage System (CESS) in Rani Bagh, New Delhi. Tata Power-DDL, a leading Power Distribution utility supplying electricity to a populace of 7 million in North Delhi has announced that it has, in collaboration with Nexcharge, a joint venture between Exide India and Leclanché, launched India’s First […] Read more
Redwood Materials & ERI Partner up to Recycle Batteries and Solar Panels Updated On Sat, Mar 27th, 2021 by Saurenergy ERI, the nation’s largest fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company, and Redwood Materials, a company inventing sustainable materials by creating circular supply chains, turning waste into profit and developing the solution for a fully closed-loop recycling for lithium-ion batteries, announced today that they have entered into an exclusive partnership […] Read more
The 12 States Welcoming EV Adoption With Policies To Match: WRI India Updated On Sat, Mar 27th, 2021 by Saurenergy 12 states in India stand out for their electric vehicles (EV) policies which can actually support and nurture an EV transition, according to a recent report launched by the World Resources Institute India (WRI India). According to the report titled, “A review of State Government Policies for Electric Mobility”, a total of 14 states have […] Read more
Rio Tinto Selects Heliogen’s Solar Tech to Provide Clean Energy to Boron Mine Updated On Thu, Mar 25th, 2021 by Saurenergy International mining and metals company Rio Tinto and renewable energy technology company Heliogen today announced an agreement to explore the deployment of Heliogen’s breakthrough solar technology at Rio Tinto’s borates mine in Boron, California. Under a Memorandum of Understanding, Heliogen will deploy its proprietary, artificial intelligence (AI)-powered technology at the Boron operation, where it will […] Read more
