Quantumscape Races To Deliver Its Breakthrough Solid State Battery For EV’s Updated On Tue, Aug 3rd, 2021 by Saurenergy QuantumScape founder and CEO Jagdeep Singh continues to be optimistic about his firms progress, even as the firm’s stock price has been beaten down this year. the firm, which listed after merging with a SPAC (Special Purpose Acquisition Company). The firm’s biggest shareholder is Volkswagen AG with a 26% stake. Singh highlighted a key milestone […] Read more
Indian Government Allocated Rs. 756.66 Crore Under FAME Scheme till June 2021 Updated On Tue, Aug 3rd, 2021 by Saurenergy The government has allocated over Rs. 756.66 crores under the FAME scheme, out of which Rs. 53.27 crores have been utilized till June 2021. The Indian Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme on April 1, 2015, to promote electric vehicles (EV) in the country. Its second phase, […] Read more
Fire at Tesla Big Battery in Victoria Puts The Spotlight On Risks Updated On Mon, Aug 2nd, 2021 by Saurenergy A major fire broke out at Tesla’s 300 MW (450 Mwh) big battery, called the Victoria Big Battery, in Australia’s Victoria state. Starting on Friday, the fire was eventually controlled only today, after a three day struggle. The fire apparently started after initial testing was started to sync the battery with the grid. Fire fighters […] Read more
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power Updated On Mon, Aug 2nd, 2021 by Saurenergy Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […] Read more
CESL Signs Agreement with HPCL to Set up EV Charging Infra Updated On Fri, Jul 30th, 2021 by Saurenergy Convergence Energy Services limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for setting up of charging infrastructure in select retail outlets in several cities across the country. Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up […] Read more
AEMO Plans 5 Energy Scenarios for Net Zero Latest by 2050 Updated On Fri, Jul 30th, 2021 by Saurenergy The Australian Energy Market Operator (AEMO) has published its “2021 Inputs, Assumptions and Scenarios Report” (IASR) incorporating five future energy scenarios which will inform AEMO’s 2022 Integrated System Plan (ISP). One of these scenarios, Hydrogen Superpower, comprises a zero emissions grid by 2035. The five scenarios are Slow Change, Steady Progress, Net Zero 2050, Step Change, […] Read more
Cell Propulsion Launches Li-ion Battery Facility in Bengaluru Updated On Fri, Jul 30th, 2021 by Saurenergy Bengaluru-based mobility and EV technology startup Cell Propulsion has launched its pilot production line for Li-ion batteries at a facility which has a maximum output of 500kWh/month. The cells will be used in the company’s in-house light commercial electric vehicles. Founded by Nakul Kumar (CEO & Co-founder), Paras Kaushal (COO & Co-founder), and Supratim Nuskar (CTO), who […] Read more
Naturgy to Invest Over €9 M in Renewables by 2025 Updated On Fri, Jul 30th, 2021 by Saurenergy Spanish utilities company Naturgy plans to make investments worth 14 billion euros by 2025, of which approximately two-thirds will be earmarked towards boosting renewable generation, the company said while presenting its Strategic Plan (2021–2025) to the market. The second area of investment will be gas and electricity grids, mainly in Spain. In this period, the company […] Read more
80% of EV Owners Not Put Off by Charging Hassles, Finds Survey Updated On Fri, Jul 30th, 2021 by Saurenergy A recent survey conducted by Climate Trends and YouGov has found that while 80% of end users of electric vehicles do not find charging a hassle, for the remaining 20%, charging and infrastructure as the biggest barriers for adoption. Eye wateringly high fuel costs and better awareness of the pollution caused by them is probably […] Read more
