EU can be Self Sufficient in EV Battery Cells by 2025: VP Šefčovič Updated On Wed, Nov 25th, 2020 by Saurenergy Maroš Šefčovič, VP of the European Commission has claimed that he expects that by 2025, the EU will be able to produce enough battery cells to meet the needs of the European automotive industry Europe now a global hotspot for #battery investment, showing we can achieve open strategic autonomy. In large part thanks to the #EUBatteryAlliance. […] Read more
Exide Increase Stake in Li-ion Battery JV With Leclanche to 80.15% Updated On Tue, Nov 24th, 2020 by Saurenergy Battery maker Exide Industries has increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore Battery maker Exide Industries has announced that it has increased its stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore by way of […] Read more
Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two Updated On Tue, Nov 24th, 2020 by Saurenergy Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […] Read more
Sonnen Introduces the sonnenCore, a new all-in-one, affordable home battery for every home Updated On Mon, Nov 23rd, 2020 by Saurenergy The first-of-its-kind, all-in-one sonnen home battery solution makes the company’s proven, long-lasting and safe home battery technology even more accessible to all energy storage customers. sonnen, a global market leader in smart residential energy storage and virtual power plants, today announced the launch of sonnenCore. The new compact, affordable, and fully sonnen-designed sonnenCore home battery […] Read more
Karnataka Will Look to Collaborate With the UK on RE Front: Yediyurappa Updated On Mon, Nov 23rd, 2020 by Saurenergy Karnataka CM BS Yediyurappa has said that the state will be very interested in engaging with the UK on renewable energy (RE) technology front. Karnataka Chief Minister BS Yediyurappa has said that the state will be very interested in engaging with the United Kingdom (UK) on the renewable energy (RE) technology and implementation front. During […] Read more
Association of Power Producers Request Financial Support From Finance Minister Updated On Fri, Nov 20th, 2020 by Saurenergy The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […] Read more
Australia’s Leanings Towards Battery Storage Over New Transmission Updated On Wed, Nov 18th, 2020 by Saurenergy It is no secret that power distribution firms worldwide are considering energy storage options in a big way to augment or even defer investments in transmission system updates. Part of the reason is the higher share of intermittent renewable energy, but another is simply the variable nature of power demand, where a network can be […] Read more
MNRE’s October 2020 Report Card For Cabinet Updated On Tue, Nov 17th, 2020 by Saurenergy In its’s monthly report for the union Cabinet, the R.K Singh led MNRE has highlighted key monthly achievements for October this year. While the success with minimising Covid impact has been set off by the lingering issues on other fronts that have caused a slowdown in fresh capacity installation, the MNRE does have a potential […] Read more
NITI Aayog Drafts RfP for Setting up Advance Chemistry Cell Manufacturing Facilities Updated On Thu, Nov 12th, 2020 by Saurenergy Niti Aayog has issued the draft RfP for the selection of private entities to set-up manufacturing facilities that produce Advance Chemistry Cells (ACC). The Government of India through the Department of Heavy Industry (DHI) intends to develop giga-scale advance cell manufacturing for domestic application and promotion of diverse energy sources, to ensure overall energy security […] Read more