Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030 Updated On Thu, Aug 12th, 2021 by Saurenergy Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […] Read more
Over 5.17 Lakh EVs Registered over Three Years in India Under FAME Updated On Wed, Aug 11th, 2021 by Saurenergy The Ministry of Heavy Industries of India declared that India registered a total of 5,17,322 electric vehicles (EVs) over three years under the FAME scheme. Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme was launched in 2015 to promote the adoption of EVs in the country. At present, Phase-II […] Read more
US Firm Li-Cycle to Make its Debut on NYSE on August 11 Updated On Wed, Aug 11th, 2021 by Saurenergy US firm Li-Cycle Holdings Corp. has announced that its shares will begin trading on the New York Stock Exchange on August 11, 2021, as a result of the company’s completion of its business combination with Peridot Acquisition Corp, a blank check company. The ticker symbols for the common stock and warrants of Peridot will change from […] Read more
ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions Updated On Wed, Aug 11th, 2021 by Saurenergy ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […] Read more
Nanotech Energy Secures $64 M for Global Graphene Business Updated On Wed, Aug 11th, 2021 by Saurenergy American graphene-based batteries maker Nanotech Energy has raised $64 million Series D funding at a $550 million post-Series D valuation to accelerate international expansion, including the launch of its EU headquarters in Amsterdam, and to develop a new high-volume graphene battery manufacturing facility in Reno, Nevada, US. Led by Taiwan’s largest financial services company, Fubon Financial Holding […] Read more
Innowatts Deploys Grid Edge Solutions in US & UK Updated On Wed, Aug 11th, 2021 by Saurenergy Gurugram-headquartered Innowatts, an AI-based solutions provider, has announced the deployment of its grid edge management solutions in collaboration with several major partners- the City of Fargo, North Dakota, US; Scottish and Southern Electricity Networks (SSEN), UK; etc.- which are seeking to accelerate their energy transition. Innowatts’ Grid Edge Management module enables fully automated and near […] Read more
Smart Meters Have Substantial Sustainability Benefits, Say IEEE Experts Updated On Wed, Aug 11th, 2021 by Saurenergy The electrical grid is a marvel of modern engineering that underpins nearly every aspect of society –– a complex interconnection that spans the tiniest LED lightbulb and the largest power plants. But as electricity use grows, which it does exponentially, the grid strains. The use of renewable energy sources and new regulations can add to the […] Read more
AGL & Wärtsilä to Build 250MW Grid-scale BESS in South Australia Updated On Mon, Aug 9th, 2021 by Saurenergy Australian integrated energy company, AGL Energy Ltd. will build a 250 MW grid-scale battery energy storage system at Torrens Islands in South Australia. The firm has announced an investment of $180 million to construct its first grid-scale BESS project and the second biggest in Australia. AGL has appointed Finnish technology major in marine and energy […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more