Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
Tesla Introduces New Battery for Utility Scale Energy Storage Updated On Wed, Jul 31st, 2019 by Saurenergy To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […] Read more
India has a Game Plan for Electric Vehicles: Amitabh Kant Updated On Mon, Jul 29th, 2019 by Saurenergy India has put in place a game plan for electric vehicles and its components to ensure clean cities, reduce imports and utilise solar power, NITI Aayog CEO Amitabh Kant said. India has put in place a game plan for electric vehicles (EV) and its components like batteries to ensure clean cities, reduce imports and utilise […] Read more
Hyundai Working With IOCL for Fast Charging Stations Updated On Fri, Jul 26th, 2019 by Saurenergy Hyundai Motor recently showcased its Kona electric SUV and said that work is on to set up fast charging facilities in association with IOCL Hyundai Motor, which recently showcased its Kona electric Sports Utility Vehicle, said work is on to set up fast charging facilities in select fuel stations in association with the Indian Oil […] Read more
Cobalt and Nickel Supply Woes to Hurt EV Makers – Woodmac Updated On Wed, Jul 24th, 2019 by Saurenergy The rising popularity of EVs globally and the rush to adopt cleaner mobility options has led to a surge in demand for Cobalt and Nickel. Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space. As announcements on EV targets by automakers and governments grow, panic around a steady […] Read more
KSL Cleantech Planning Rs 200 cr Investment in EV Venture Updated On Mon, Jul 15th, 2019 by Saurenergy KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers through its EV Venture Kolkata-based KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers and expanding manufacturing capacity besides sales and […] Read more
Tata Planning Rs 4000 Cr Li-Ion Battery Manufacturing Plant in Gujarat Updated On Fri, Jul 12th, 2019 by Saurenergy Tata Group is planning to set up a multi-crore lithium-ion battery plant in Gujarat’s DSIR area according to a senior state government official According to Jaiprakash Shivhare, managing director, Dholera Industrial City Development Limited (DICDL), Tata Group, has committed an investment of Rs 4,000 crore to set up a lithium-ion battery plant in Dholera Special […] Read more
Sungrow Reaches 4 GW Milestone in Indian Market Updated On Thu, Jul 11th, 2019 by Saurenergy Sungrow has announced that its performance in India has reached 4 GW, becoming a major contributor to the decarbonisation of fast-growing Indian economy. Sungrow, a global leading inverter solution supplier for renewables, has announced that the Company’s performance in India has reached 4 GW, establishing it as a major contributor to the decarbonisation of fast-growing […] Read more
Union Budget 2019: A Mixed Bag for the Solar Industry Updated On Sat, Jul 6th, 2019 by Saurenergy As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […] Read more
