India Needs to Generate 83% Electricity From RE to Achieve Net-Zero Emissions by 2050: CEEW Updated On Mon, Mar 22nd, 2021 by Saurenergy India would need to generate at least 83% of its electricity from renewable sources by 2050, if it is to achieve net-zero emissions, according to a new study by CEEW India would need to generate at least 83 percent of its electricity from (non-hydropower) renewable energy sources by 2050, if it were to commit to […] Read more
Sun Mobility Partners With Zyngo, Aiming 500 EVs by 2021 End Updated On Mon, Mar 22nd, 2021 by Saurenergy Bengaluru-based EV battery Swapping solutions provider Sun Mobility has announced that it has partnered with a pollution-free logistics provider Zyngo to facilitate Zyngo’s E-Loaders/E-Carriers with its EV battery swapping options. Sun Mobility will provide its services available at Indian Oil Corporation Ltd (IOCL) stations, to reinforce its last-mile delivery services. Both the companies announced their […] Read more
CCI Approves Majority Acquisition of NESCO by Tata Power Updated On Mon, Mar 22nd, 2021 by Saurenergy The Competition Commission of India (CCI) has approved the acquisition of 51% of the equity share capital of NESCO Utility by Tata Power The Competition Commission of India (CCI) has announced that it has approved the acquisition of 51 percent of the equity share capital of North Eastern Electricity Supply Company of Odisha (NESCO Utility) […] Read more
DOE Announces $24.5 Million for Manufacturing Flow Batteries and Resilient Electric Grids Updated On Sat, Mar 20th, 2021 by Saurenergy The United States Department of Energy (DOE) has announced USD 24.5 million to support manufacturing of resilient, modern electricity infrastructure, flow battery systems, and to address the climate emergency. According to DOE, the funding opportunities will uphold research and development (R&D) for the materials and technologies needed to expand the grid with new, clean-energy sources, […] Read more
Indian Oil – Phinergy JV Formed to Boost India’s Green Mobility Aspirations Updated On Fri, Mar 19th, 2021 by Saurenergy Indian Oil – Phinergy JV to manufacture Aluminium-Air systems and indigenous hydrogen storage solutions for promoting green mobility in India The Indian Oil Corporation (Indian Oil) has announced that it has established a Joint Venture (JV) with Israeli start-up company Phinergy which specialises in hybrid lithium-ion and aluminium-air/zinc-air battery systems. The IOC Phinergy Private Limited […] Read more
EV Policy Announcement saw Share of EVs in Delhi Rise to 2.2% In 3 Months: DDC Updated On Fri, Mar 19th, 2021 by Saurenergy The share of EVs in Delhi has increased from less than 1% to 2.2% in 3 months after the Delhi EV Policy was launched, per DDC Vice-Chairperson. In a webinar hosted by the Dialogue and Development Commission (DDC), DDC vice-chairperson Jasmine Shah announced that the share of electric vehicles (EVs) in the city has increased […] Read more
25% of Urban Population Lives in a City with RE Target, 18% in India: Report Updated On Fri, Mar 19th, 2021 by Saurenergy A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […] Read more
Reshaping the Future of the Electric Grid Through Low-Cost, Long-Duration Discharge Batteries Updated On Thu, Mar 18th, 2021 by Saurenergy A new era of energy provided by renewables may be close, thanks to research begun at the Joint Center for Energy Storage Research (JCESR), a U.S. Department of Energy (DOE) Energy Innovation Hub led by DOE’s Argonne National Laboratory, and continued at its spinoff company, Form Energy. The challenge JCESR addressed is long-duration energy storage – […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
