Exploring the Reasons behind Solis’ Rapid Growth Updated On Sat, Jan 23rd, 2021 by Saurenergy Zhejiang, China, 21 January 2021- 2020 is deemed to be a year that is hard to forget. It witnessed COVID-19 sweeping the world, and the global economy faltered. However, in China, new solar PV installations were up to 48.2GW in 2020, a 55% year-on-year increase. Among leading global inverter manufactures, there is a one that […] Read more
Ola to Access Siemens’ Integrated Digital Twin Design For EV Manufacturing Updated On Fri, Jan 22nd, 2021 by Saurenergy Indian ride-hailing firm Ola has announced that it has partnered with Siemens to access the integrated digital twin design for building its electric vehicle (EV), AI-driven manufacturing unit. Back in 2020, Ola signed an MoU with the government of Tamil Nadu to build the largest electric two-wheelers (E2Ws) manufacturing unit by investing 2,400 Crores. According […] Read more
FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac Updated On Wed, Jan 20th, 2021 by Saurenergy All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […] Read more
EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
229.25 RE Capacity Added in First 10 Months of FY21 in Andhra Pradesh Updated On Wed, Jan 20th, 2021 by Saurenergy Data from NREDCAP has revealed that in the first 10 months of the FY21, Andhra Pradesh had 229.25 MW of RE capacity connected to its grid. The New and Renewable Energy Development Corporation of AP (NREDCAP) has issued the updated status of renewable energy (RE) projects commissioned in the state of Andhra Pradesh (until January […] Read more
Oxford University Study Predicts 10% Renewable Share in Africa By 2030 Updated On Tue, Jan 19th, 2021 by Saurenergy Africa, which has for some time now carried the tag of ‘promising‘ for non hydro renewable energy, might yet be the continent with the lowest share of non hydro renewable energy by 2030. Even as some countries within the continent will break away from the rest to have a much more robust contribution from solar […] Read more
3rd Deadline Extension for Empanelment of Agencies in E-Mobility Space Updated On Mon, Jan 18th, 2021 by Saurenergy SECI has, for the third time, extended its EOI for empanelment of agencies for work on business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has, for now, the third time, extended its EOI for empanelment of agencies for the identification & implementation of business opportunities in the electric mobility (e-mobility) […] Read more
Bengal Finally Opens Up Net Metering For Homes, With 5 KW Limit Updated On Mon, Jan 18th, 2021 by Saurenergy West Bengal, a perennial laggard on the renewable energy front, and a huge defender of coal fired energy to boot, has finally started taking its first tentative steps towards more renewable energy. The West Bengal Electricity Regulatory Commission (WBERC) has finally allowed net metering for individual households from 1 KW, upto a limit of 5 […] Read more
Battery Mfg Startup Lohum Cleantech Raises $7 Million Updated On Mon, Jan 18th, 2021 by Saurenergy Lohum Cleantech, the New Delhi-based battery manufacturing and recycling startup with its plant in Greater Noida, has raised $7 million (Rs 51 crores) in a fund raise from institutional investors led by Baring Private Equity Partners. A report quoting the information released today. In an interview to SaurEnergy last year, company founder Rajat Verma had […] Read more
