EV Financing Platform Revfin Raises $4 Million In Pre-Series A Funding Updated On Wed, Oct 20th, 2021 by Saurenergy Revfin, a digital e-mobility consumer lending platform underwriting financially excluded and underserved segments, has raised $4m (Rs 30 crores) in a pre-series A funding round with both equity and debt. This fund raise will help the firm fast-track the adoption of EV solutions among the low-income consumers in the country. The funds raised will be […] Read more
Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’ Updated On Thu, Oct 14th, 2021 by Saurenergy A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […] Read more
Bill Gates Backed Iron Battery Firm ESS Listed on NYSE Updated On Tue, Oct 12th, 2021 by Saurenergy Large Battery firm ESS, with its listing on the New York Stock Exchange (NYSE), can now claim to be the first publicly traded long duration storage company in the world. The firm, which went public through a SPAC (Special Purpose Acquisition Company) with Acon S2 Investment Corp. has started trading on the New York Stock […] Read more
REI 2021 | Conversation with Sunil Bhatnagar, Sanvaru Technology Updated On Thu, Oct 7th, 2021 by Saurenergy Lithium Ion batteries are in the news today for all the right reasons. They are powering the energy transition for transport, as well as the emerging need for storage and renewables together. Domestic manufacturing is key for India, and local startups like Sanvaru technology are at the forefront now. Prasanna Singh, Group Editor, Saur […] Read more
An Electric Drive On Leh-Manali Route Possible, as 18 EV Stations Come Up On Route Updated On Tue, Oct 5th, 2021 by Saurenergy Shuchi Anant Virya, the joint venture company between India’s largest EV based mobility solutions provider, Lithium Urban Technologies and Fourth Partner Energy, the solar enterprise focused on commercial and industrial businesses, today announced the setting up of a network of electric vehicle charging points along the Manali-Leh route in the Ladakh region, thereby enabling EV […] Read more
Phillips 66 to Cut 30% Greenhouse Gas Emissions by 2030 Updated On Fri, Oct 1st, 2021 by Saurenergy U.S Refiner Phillips 66 plans to reduce greenhouse gas emissions intensity from its operations and energy products by 2030, setting impactful, attainable and measurable targets for the company. The company plans to reduce Scope 1 and Scope 2 emissions intensity from operations by 30% and Scope 3 emissions intensity of its energy products by 15%, […] Read more
Koch Invests in Li-Cycle and Other Firms in EV Value Chain Updated On Fri, Oct 1st, 2021 by Saurenergy US firm Koch Strategic Platforms (KSP) has announced a $100 million investment in Toronto-based Li-Cycle – the leading lithium-ion battery recycler in North America – to help meet the rapidly growing global demand to source and recycle critical and scarce battery-grade materials. This is only the latest investment in the EV value chain for Koch […] Read more
Tesla’s Li-ion Battery Inaugrated at World’s Largest Solar Farm Updated On Wed, Sep 29th, 2021 by Saurenergy Dubai Electricity and Water Authority (DEWA) has inaugurated a pilot project for energy storage at the Mohammed bin Rashid Al Maktoum Solar Park using Tesla’s lithium-ion battery solution. The project has a power capacity of 1.21 MW and an energy capacity of 8.61 MWh with a life span of up to 10 years. “The energy […] Read more
Shell Orders Singapore’s 1st Fully Electric Ferry Service from Penguin Intl Updated On Mon, Sep 27th, 2021 by Saurenergy Anglo-Dutch energy giant Shell has awarded a contract to Singapore company, Penguin International Limited, to design, build and operate at least three fully-electric ferries which, when operational, will be the first fully-electric ferry service in Singapore and a first for Shell globally. Expected to set sail in the first half of 2023, the new 200-seater […] Read more
