Loanpal Receives $800+ Million in First External Investment Round Updated On Thu, Jan 28th, 2021 by Saurenergy Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […] Read more
Gulf Oil Taps Into EV Charging For Future Growth Updated On Mon, Jan 25th, 2021 by Saurenergy A part of the Hinduja Group, Gulf Oil International Ltd (Gulf), has entered an agreement to co-invest with the Clean Growth Fund (GCF) in Indra, provider of fast-growing electric vehicle (EV) and innovative charging and energy storage solutions. For Gulf Oil, a well established downstream oil company, this is its first investment into the e-mobility/EV […] Read more
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
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
US to Deploy 50 Million EVs by 2030, Accelerating EV Adoption Updated On Wed, Jan 20th, 2021 by Saurenergy The Rocky Mountain Institute (RMI) has released a report, ‘Racing to Accelerate Electric Vehicle Adoption: Decarbonizing Transportation with Ridehailing’. The Report gives insights into the Decarbonization goals of the US. As the race is on to deploy over 50 million electric vehicles (EVs) in the United States in the coming ten years. That will put […] Read more
Kia Introduces Future Brand Ambition, Announces Release of First BEVs Updated On Tue, Jan 19th, 2021 by Saurenergy Global mobility brand Kia has announced new details of its new brand purpose and ambitions for the future at a digital showcase event. It has come up with a new brand slogan ‘Movement that inspires’, which will see the company go beyond vehicle manufacturing to create sustainable mobility solutions for customers. Additionally, Kia has announced […] 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
LONGi wins RETC “High Achievers” award for outstanding module performance Updated On Tue, Jan 12th, 2021 by Saurenergy The US Renewable Energy Testing Center (RETC) has released its “Photovoltaic Module Index Report” (PVMI) for 2020. Having won a “High Achievers” award in 2019, LONGi has once again carried off the award for outstanding performance following comprehensive evaluation of global photovoltaic modules by RETC. LONGi’s performance in three indicators of reliability, performance and quality […] Read more