Ola Gears Up For Electric Scooter Entry With MOU For Plant in Tamil Nadu Updated On Mon, Dec 14th, 2020 by Saurenergy Ola, the largest Indian ride-hailing firm is beginning its journey into EV manufacturing with a plant to make electric scooters in Tamil Nadu, India. The SoftBank- financed company will reportedly invest Rs. 2,400 Crores in setting up the world’s largest scooter manufacturing facility in India which will produce approximately 10,000 jobs in the country. On […] Read more
Britishvolt Finalises Site For Britain’s First Battery Gigaplant Updated On Fri, Dec 11th, 2020 by Saurenergy Britishvolt, which had signed an MOU for the country’s first Gigaplant sometime back, has finally identified a site at Blyth, Northumberland for the plant. With an investment of 2.6 billion Euros, construction is expected to start in the second quarter of 2021. The massive plant is seen as vital to supporting the UK’s push for […] Read more
Can China Become ‘Carbon Neutral’ by 2060? Updated On Thu, Dec 10th, 2020 by Saurenergy Imagine China, the world’s top emitter of carbon emissions, which in 2019 released nearly double the emissions of the US which has barely any coal power plants. Now imagine it with zero gasoline-powered cars, and with more than four times the 1,200 gigawatts of solar and wind power capacity installed across the world today. This […] Read more
Seraphim to Set Up 750 MW Module Production Factory in Vietnam Updated On Wed, Dec 9th, 2020 by Saurenergy Solar products manufacturer Seraphim Solar has announced its investment in a 750 MW module assembly factory in Vietnam. The global supply capability of Vietnam’s enterprise resilience will get enhanced by using Seraphim’s 500W S3 series half-cell modules and 250W S4 series half-cell modules. Jun Zhuge, Executive Vice President of Seraphim, commented, “This factory is designed […] Read more
NextEra in the US, Adani Green In India, More Similar Than They Seem Updated On Wed, Dec 9th, 2020 by Saurenergy One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […] Read more
As Battery Cell Prices Hit $110/KWH, Challenges Remain- Report Updated On Fri, Dec 4th, 2020 by Saurenergy According to Benchmark Mineral Intelligence’s study, Lithium-ion battery cell prices have decreased from $290/kWh in 2014 to $110/kWh in 2020 (large contract automotive), and there is a view in the lithium-ion industry that this trend will continue indefinitely. This in turn will lower the price of electric vehicles and bring cost parity between the internal […] Read more
The Risk In Renewables, And How To Reduce It Updated On Fri, Dec 4th, 2020 by Saurenergy The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […] Read more
Senvion Enters Agreement to Sell 100% of its Indian Operations Updated On Fri, Dec 4th, 2020 by Saurenergy Senvion GmbH has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India Senvion GmbH has announced that it has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India on December 1, 2020. Senvion had previously ring-fenced the Senvion India […] Read more
The Case For Storage Is a Tough Sell At Reinvest 2020 Updated On Wed, Dec 2nd, 2020 by Saurenergy RE-invest 2020’s session on battery storage, with a focus on innovation and sustainability, sent out mixed messages on the potential for, and need for battery storage in India. Thus, while some of the panelists drove home the point that long term storage was not really a requirement for India yet, considering the little gap between […] Read more
