Germany’s GridX secures $40 Million in Series C Funding Updated On Thu, Apr 28th, 2022 by Saurenergy GridX, a German enterprise rate platform provider to modern utilities and energy technology companies, has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board […] Read more
Dewa to spend $11 billion on Renewable Energy in Dubai Updated On Thu, Apr 28th, 2022 by Saurenergy The Dubai Electricity and Water Authority (Dewa) has announced that it will be investing $11 billion or Dh40 billion as capital expenditure over a period of next five years from now to enhance the utility’s renewable energy portfolio. Dewa has issued an official statement that confirms the media reports about the anticipated RE investments by […] Read more
Solar Inverters Move to The Front Updated On Wed, Apr 27th, 2022 by Saurenergy When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […] Read more
CESL Gets Lowest Ever Prices for 5450 Buses under FAME II Scheme Updated On Wed, Apr 27th, 2022 by Saurenergy Convergence Energy Services Limited (CESL), a PSU under Ministry of Power has announced today that it has discovered the lowest ever prices for the biggest ever demand for electric buses under the Grand Challenge tender. The tender, announced in January this year, had hoped to get the first batch of buses on the road by […] Read more
5 Upcoming Trends that will dominate the power sector in the new fiscal Updated On Mon, Apr 25th, 2022 by Saurenergy The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […] Read more
Ahmedabad based Tirex Transmission Secures funding of $2 Million Updated On Fri, Apr 22nd, 2022 by Saurenergy TIREX Transmission, a firm focused on EV charger manufacturing has announced the infusion of $2million from an ultra HNI investor. This $2 million funding will fuel Tirex Transmisson Private Limited’s Growth and R&D efforts for international markets where USA is the first country of focus. Founded by Sanskar Patel, Tirex Transmisson Private Limited started its […] Read more
Log9 Materials Commissions Cell Manufacturing Facility At Bengaluru Updated On Fri, Apr 22nd, 2022 by Saurenergy Bengaluru-headquartered advanced battery-technology and deep-technology startup Log9 Materials has started India’s first indigenously-developed cell manufacturing facility at Log9 campus, Jakkuru, Bengaluru. Making cells indigenously is a key target for the country’s self reliance plans and to meet future electric mobility goals. This state-of-the-art cell manufacturing facility built by Log9 is going to be South East […] Read more
MatterEnergy 1.0, An Active liquid-cooled 2 Wheeler EV battery Pack Debuts Updated On Wed, Apr 20th, 2022 by Saurenergy Even as Battery safety is in the limelight thanks to recent incidents, Matter, the Ahmedabad-based technology start-up, has unveiled its MatterEnergy 1.0 battery pack. The firm claims that this first ever battery pack of its type in India comes with unique core characteristics such as an Integrated Intelligent Thermal Management System and a Super Smart […] Read more
Amazon India and SUN Mobility to Add Faster to EV Fleet With Battery Swapping Updated On Thu, Mar 31st, 2022 by Saurenergy Amazon India is working together with SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), to expand the deployment of EVs integrated with battery swapping technology for its transportation and logistics services. These EVs will contribute to Amazon India’s commitment of adding 10,000 electric vehicles in its India delivery fleet […] Read more
