Mahanagar Gas, IBC Set To Invest Rs. 230 Cr In Bengaluru Gigafactory Updated On Fri, Nov 8th, 2024 by Saurenergy Indian natural gas distribution company, Mahanagar Gas Limited (MGL), recently signed a Share Subscription Agreement (SSA) and a Shareholding Agreement (SHA) with International Battery Company, Inc. (IBC US). Through this collaboration, both parties plan to invest in International Battery Company India Private Limited (IBC India), currently a 100% subsidiary of IBC US. Under the agreement, […] Read more
Energy Storage All Charged Up For A Boom In India, Says SBI Caps Updated On Wed, Nov 6th, 2024 by Saurenergy A new report from Investment bank SBI Caps on Energy Storage Systems paints a bright picture for the future. Building on the inevitability of energy storage requirements as the share of renewable energy in the grid rises, the report takes a deep look at the technologies likely to emerge winners, the size of the opportunity, […] Read more
Powering India’s Net-Zero: Navigating Challenges in Renewable Integration Updated On Mon, Nov 4th, 2024 by Saurenergy India’s journey to a net-zero energy future demands an extensive transformation in its power market. As the country intensifies efforts to increase renewable energy (RE) capacity and to realise its 2030 and later net zero goals, numerous challenges—structural, financial, and operational—are emerging, presenting formidable obstacles to integrating a growing share of RE into the national […] Read more
India Can Turn To Global South For Its Critical Minerals Needs: IEEFA Updated On Tue, Oct 29th, 2024 by Saurenergy India’s minerals are at risk due to high import dependency and reliance on a few countries. Currently, India depends on resources such as synthetic and natural graphite, lithium oxide, nickel oxide, nickel sulphate, and copper cathodes. The study highlights the need for a diversified procurement strategy for these minerals to reduce trade risks. These minerals […] Read more
PHEVs Step Up: CATL’s Freevoy Super Hybrid Battery Updated On Tue, Oct 29th, 2024 by Saurenergy China’s CATL, the world’s largest EV battery manufacturer, recently unveiled its groundbreaking Freevoy Super Hybrid Battery, aiming to catalyse the capabilities of hybrid vehicles, such as Plug In Hybrid Vehicles (PHEVs). The Chinese battery maker is calling Freevoy the first hybrid battery to achieve an all-electric range of over 400 km (250 miles) with 4C […] Read more
Hybrid Inverter Makers Expect Good Days Ahead, Switches To Action Mode Updated On Mon, Oct 28th, 2024 by Saurenergy After the Ministry of New and Renewable Energy (MNRE) clarified the eligibility of hybrid inverters under the PM Surya Ghar scheme, solar inverter manufacturers in India are anticipating increased demand within the residential rooftop segment. Hybrid inverters, traditionally used in remote or weak-grid areas, allow consumers to maximize on-site solar power utilization. By utilizing energy […] Read more
Go Solar, Growatt Team Up To Distribute 1 GW Inverters Across Australia Updated On Fri, Oct 25th, 2024 by Saurenergy Growatt Australia, a residential and commercial solar energy solutions provider, and Go Solar Group have signed a Memorandum of Understanding (MOU) during the 2024 All Energy Expo. The MoU was signed by Allen Zhu, Growatt Australia’s Country Manager, and Lewis Sheppard, National Sales Director of Go Solar Group. Under the terms of the agreement, Go […] Read more
IEA Flags Supply Side Risks For Global Energy Security Updated On Tue, Oct 22nd, 2024 by Saurenergy The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […] Read more
Mercedes-Benz Opens Its Recycling Factory In Germany Updated On Tue, Oct 22nd, 2024 by Saurenergy German carmaker Mercedes-Benz recently opened its first battery recycling plant in Europe with an integrated mechanical-hydrometallurgical process making it one of the first car manufacturer worldwide to close the battery recycling loop with its own in-house facility. The recycling plant in Kuppenheim in southern Germany is set to boost the circular economy of automobile batteries. […] Read more
