Eurocell Plans To Build First Gigafactory in the Netherlands Updated On Fri, Aug 19th, 2022 by Saurenergy To deliver battery cells to the energy storage and e-mobility ecosystem across Europe, Eurocell, an Anglo-Korean next-generation battery startup, has stated that talks are underway for the development of its first European Gigafactory in the Netherlands. Eurocell plans to build the next Gigafactory in two stages, with full production beginning as early as 2025. By […] Read more
Toyota Research Institute & Northwestern Unite To Aid World’s First Nanomaterial Data Factory Updated On Thu, Aug 18th, 2022 by Saurenergy Toyota Research Institute (TRI) and Northwestern University have joined hands to aid the acceleration of new materials discovery, design and development with the world’s first nanomaterial “data factory.” This methodology, driven by artificial intelligence, greatly transcends the standard trial and error through the exploration of extensive parameter sets, data collection and then empowering AI to search […] Read more
Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary Updated On Thu, Aug 18th, 2022 by Saurenergy Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […] Read more
US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […] Read more
Mahindra & Volkswagen Expand Collaboration To Speed Up Indian EV Sector Updated On Wed, Aug 17th, 2022 by Saurenergy The Volkswagen Group and Mahindra & Mahindra Ltd (M&M) recently declared that they will be furthering their collaboration. Earlier this year, the two companies signed a term contract for the delivery of MEB electric components for Mahindra’s new, specifically designed electric platform, INGLO. Five all-electric SUVs with MEB components are included in the cooperation, which […] Read more
German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1 Updated On Tue, Aug 16th, 2022 by Saurenergy In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […] Read more
The Top 5: Trends In Energy Storage and Innovations Updated On Wed, Aug 10th, 2022 by Saurenergy Switch to Renewable Energy (RE) is high on demand for the countries across the globe. As more and more countries become the part to this wave of change, advancement in technologies is bound to happen. With advancement in technology, new trends emerge. Speaking of the energy storage trend, it is at the helm of this […] Read more
Energy Storage Company Sheru Enters Coveted Cleantech Open Accelerator Program Updated On Wed, Aug 10th, 2022 by Saurenergy Delhi-based Energy Storage startup, Sheru has been selected for the Cleantech Open Accelerator program 2022 cohort. The Cleantech Open Accelerator program is offering entrepreneurs and innovators training and tools to help them build and expand their cleantech enterprises. Since 2005, it has assisted over 1,800 creative businesses in scaling up, growing, and making a good […] Read more
QuantumScape Q2 2022 Report: Soon To Deliver 24-layer A sample Updated On Tue, Aug 9th, 2022 by Saurenergy QuantumScape (QS), the firm with the highest hopes riding on its solid state battery tech has released its second quarterly (Q2) 2022 report, updating the public on its progress in scaling affordable, energy dense cells for future EVs. The battery manufacturer has been in the business for the past decade. Yet, the firm has only […] Read more
