After Becoming EV Nation, Norway Seeks Battery Recycling Crown Updated On Fri, Feb 18th, 2022 by Saurenergy Norway, a country of barely 5.4 million citizens, has shown a commitment to EVs that is quite simply, unmatched in the developing world. It was the country with the most electric vehicles per person in January last year. The European nation has been a frontrunner in the world EV market right through 2021. Even in […] Read more
US Researchers Pursue 5¢/kWh Energy Cost Goal with New CSP System Updated On Thu, Feb 17th, 2022 by Saurenergy The US National Renewable Energy Laboratory (NREL) and the Department of Energy (DoE) are working on a state-of-the-art concentrated solar power (CSP) facility as the government looks to reduce the energy cost to a mere 5 cents per kWh. The new technology is expected to have the potential to lower the cost of renewable energy […] Read more
China, Europe Lead record global EV sales in 2021 Updated On Wed, Feb 16th, 2022 by Saurenergy A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […] Read more
Mahindra to be minority partner in any battery venture, e-XUV 300 launch by Q3, 2023 Updated On Wed, Feb 16th, 2022 by Saurenergy Auto major Mahindra and Mahindra ‘s top tier executives, while discussing its results at an analyst call, made some interesting observations on the firm’s EV and battery plans. On the results side, the firm had a strong Q3, reporting a 155 per cent jump in its standalone profit at Rs 1,353 crore for the December […] Read more
Recycling technology firm Nth Cycle Raises Fresh Funding of $12.5 million Updated On Wed, Feb 16th, 2022 by Saurenergy Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric […] Read more
IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
Maharashtra to go with EVs for Ajanta Ellora Cave visits Updated On Wed, Feb 16th, 2022 by Saurenergy The Maharashtra government has set plans to leverage electric vehicles (EVs) to transport tourists to the world heritage sites in the state. Maharashtra state tourism minister Aaditya Thackeray announced government plans to deploy EV for facilitating state tourism to the world-famous UNESCO world heritage sites Ajanta and Ellora caves. Until their closure due to covid, […] Read more
Centrica Business Solutions Bags 89MW Multi-battery Optimisation Deal Updated On Tue, Feb 15th, 2022 by Saurenergy Centrica Business Solutions has signed a ten-year contract with 4 Renewable Energy (previously known as INFRAGREEN IV RE), RGREEN INVEST’s dedicated IPP platform, for the optimisation of three battery storage plants developed by Arlington Energy and under construction across England. Totalling 89MW of assets with a one-hour duration, the three projects are scheduled to be completed […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
