Ola Electric Invests in ‘Extreme Fast’ Charging Firm StoreDot Updated On Tue, Mar 22nd, 2022 by Saurenergy Bengaluru based Ola Electric has invested an undisclosed amount in Israeli start up StoreDot, a battery technology company that promises “extreme-fast charging” batteries for electric vehicles (EV). Ola electric called the investment strategic in nature, without disclosing the amount invested. StoreDot, in its last funding round of $60 million, had reportedly been valued at $1.5 […] Read more
Jaguar I-Pace batteries find second life as Energy Storage Systems Updated On Wed, Mar 16th, 2022 by Saurenergy Marquee auto major Jaguar Land Rover’s engineering team have worked with Pramac to develop a zero-emission energy storage unit powered by second-life Jaguar I-PACE batteries, taken from prototype and engineering test vehicles. Making better use of second life batteries has been a priority for both auto firms, and researchers, to defer the need to send […] Read more
With formal approval, 20 GW of RE capacity on its way for green corridor Updated On Wed, Mar 16th, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […] Read more
Reliance New Energy Ltd acquires assets of Lithium Werks BV Updated On Tue, Mar 15th, 2022 by Saurenergy Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the assets of Lithium Werks BV for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of Lithium Werks – a leading provider of cobalt free and high-performance […] Read more
Delhi’s EV specific Portal Hopes to give a fillip to EV adoption Updated On Tue, Mar 15th, 2022 by Saurenergy To ease the availing of interest subvention on loans taken to purchase electric autos (e-Auto Rickshaws), the Delhi Government has launched ‘My EV Portal’. The move is expected to help the auto rickshaw drivers who look to switch to the electric ones from the CNG. My EV Portal website has been developed by the Government […] Read more
MoP issues guidelines for procurement & utilisation of BESS Updated On Mon, Mar 14th, 2022 by Saurenergy The Ministry of Power (MoP) has notified a new resolution of the Guidelines for the procurement and utilisation of battery energy storage systems (BESS) as part of generation, transmission and distribution assets, along with ancillary services. Specific Objectives of the Guidelines: To facilitate procurement of BESS, as part of individual RE power projects or separately, […] Read more
How Australia’s States Are Leading The Renewables Push Updated On Fri, Mar 11th, 2022 by Saurenergy Australia’s states have taken the lead in the push for renewables, with Tasmania setting a 200% target for renewable energy by 2040. NSW and South Australia have also made aggressive plans. The country already has a rooftop solar penetration of over 30%, the highest in the world, making rooftop solar the largest contributor to its […] Read more
£10 M funding competition launched to strengthen net zero technologies Updated On Fri, Mar 11th, 2022 by Saurenergy The Net Zero Technology Centre has announced the launch of its 2022 Open Innovation Programme, aimed at developing and deploying technologies that will reduce offshore emissions, accelerate clean energy production, and enable delivery of the UK’s net zero ambitions. The 2022 programme will feature two funding competitions – the first opening on 16th March and […] Read more
Tata Power, Enviro to deploy EV charging points in Gurugram, Haryana Updated On Fri, Mar 11th, 2022 by Saurenergy Tata Power has collaborated with Enviro, the facility management wing of the NCR-based real estate developer Vatika Group, to install 59 EV charging points at its properties across Gurugram, Haryana. The EV chargers will be installed at 18 locations across the properties of Vatika Group in Gurugram. These chargers will be made available as Public […] Read more
