Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff Updated On Mon, Jan 3rd, 2022 by Saurenergy In a deal seen as mirroring a similar deal for Tesla founder Elon Musk a couple of years back, Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, recently approved an approximately $2.3 billion (Rs 17,486 crore) pay package for its Chief Executive Officer Jagdeep Singh. The […] Read more
Updated ALMM List For Solar Modules- Contendre Greenergy, Ritika Systems Make Entry Updated On Mon, Jan 3rd, 2022 by Saurenergy In its latest and last revision for 2021 (number 4) to the ALMM list (Approved List of Module Manufacturers), issued on December 30, the Ministry of New and Renewable Energy (MNRE) sees the addition of two more solar module manufacturers. The two new entrants, Contendre Greenergy Pvt Limited from Maharashtra, and Ritika Systems Pvt Limited […] Read more
Reliance Buys Sodium Ion Battery Firm, Faradion Limited in £100 Million Deal Updated On Fri, Dec 31st, 2021 by Saurenergy In a regulatory filing on December 30, Reliance Industries Limited has announced that its solar subsidiary, Reliance New Energy Solar Limited (RNESL), will buy UK based sodium ion battery technology provider Faradion Ltd for 100 million pounds including debt. Sodium Ion batteries have been considered a solid prospect for lower storage costs. Or as Faradion’s […] Read more
New Report Offers Insight on Lowering Commercial EV Battery Costs Updated On Wed, Dec 29th, 2021 by Saurenergy A steady stream of headlines illustrates significant progress in commercial vehicle markets. New technologies come to market regularly, and tens of millions of incentive voucher dollars are fully reserved in minutes. However, the zero-emission electric commercial vehicle market has a challenge at its core – battery costs and sourcing and supply conditions. Clean transportation solutions […] Read more
Electronics and Power Major Microtek Takes Aim At Solar Segment Now Updated On Tue, Dec 28th, 2021 by Saurenergy Microtek, one of the earliest manufacturers of monitors, followed by inverters and more in India, has set its sights on a major growth drive, and solar will be a key part of that. At a channel event in New Delhi, where the firm also set up a functional 18 KW system to showcase its prowess […] Read more
2021 Best Year in History for Solar in the EU: Report Updated On Mon, Dec 27th, 2021 by Saurenergy The 27 member states of the European Union saw around 25.9 GW of new solar PV capacity connected to their grids in 2021, an increase of 34% over the 19.3 GW installed the year before, a report by SolarPower Europe has found this month. This growth makes 2021 not only another record year for solar […] Read more
Okaya Launches High-Speed E-scooter ‘Faast’ at ₹89,999 Updated On Mon, Dec 27th, 2021 by Saurenergy Okaya Electric Vehicles, an Indian battery manufacturer based in Gurugram, launched its latest high-speed e-scooter — Okaya Faast — at the EV Expo 2021 that was recently held at India Expo Mart, Greater Noida. The new e-scooter offers a top speed of 60-70 kmph and has a range of between 150-200 km per charge depending on usage, […] Read more
Could 2022 be Offshore Wind’s Year Of Acceptance and Growth? Updated On Mon, Dec 27th, 2021 by Saurenergy In our year end specials, we caught up on two key developments in the offshore wind space. ‘Farms’ located over 70 kms from shore, in China and in Europe, supplied their first power, and in the new year, are expected to go online formally. That these are located in two of the world’s key regions […] Read more
Coal Demand Rises In India, IEA Says Net Zero Should Have Stronger Implications Updated On Fri, Dec 24th, 2021 by Saurenergy The IEA’s Coal 2021 report shares worrying insights for India. The global power generation from coal is expected to take a leap by 9% in 2021, after consecutively falling in the previous two years. An all-time high of 10,350 terawatt-hours is the demand so far. India is the second-largest producer, consumer and importer has received […] Read more
