E-bike Start-up Ultraviolette Automotive Raises Series D Round Funding Updated On Fri, Aug 26th, 2022 by Saurenergy Ultraviolette Automotive, an electric bike manufacturer supported by TVS Motors, has announced that it has secured finance from Exor Capital, which was for an unknown sum. The latest investment, which comes before the country introduces the company’s fast e-bike F77, is claimed to be a part of the current Series-D round of fundraising led by […] Read more
Avaada Group Signs MoU with Rajasthan Govt for Green Ammonia Plant Updated On Thu, Aug 25th, 2022 by Saurenergy Avaada Group, a Noida-based integrated energy enterprise, signed a Memorandum of Understanding with the Department of Industries and Commerce, Government of Rajasthan, on August 24. Through this collaboration, Avaada Group will set up a green ammonia facility and a renewable energy power plant in Kota, Rajasthan. According to the company, the MoU signed as part of […] Read more
IEEFA Study Makes Case For More Trading, Larger Power Pooling To Cut Costs Updated On Thu, Aug 25th, 2022 by Saurenergy The transition to a resilient electricity grid with increasing amounts of cheaper, variable renewable energy will require reforms to the scheduling and dispatch of power, some of which can potentially help electricity distribution companies (DISCOMS) save billions of dollars, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “India added […] Read more
India Has Potential For Another 23.7 GW of Clean Energy by 2026: GWEC Updated On Thu, Aug 25th, 2022 by Saurenergy The Global Wind Energy Council (GWEC) and MEC Intelligence have launched a report on “Renewing Wind Growth to Power the Energy Transition: India Wind Energy Market Outlook 2026”. This third annual edition looking at the wind energy outlook in India highlights wind energy’s critical link to India’s green energy transition. The outlook suggests that the […] Read more
Sungrow Sets Up World’s Largest BIPV Project in China Updated On Thu, Aug 25th, 2022 by Saurenergy Sungrow, the global leading inverter and energy storage solution supplier, has announced that it has supplied its featured inverter solutions to a 120 MW BIPV (Building Integrated Photovoltaic) plant in Gaoan, Central China’s Jiangxi Province. The project is the world’s largest BIPV project to date and was commissioned for the first phase in June 2022. […] Read more
China’s Ganfeng Lithium To Supply Battery Raw Materials to GAC AION Updated On Wed, Aug 24th, 2022 by Saurenergy China-based Ganfeng Lithium has announced that it has signed an agreement with China’s new EV-maker GAC AION for the development of battery raw materials and recycling of decommissioned new electric vehicle (NEV) batteries. The company said that it also work on recycling of decommissioned electric vehicle batteries. The company claims to be one of the […] Read more
Electrolyser maker Ohmium, Shell India Collaborate On Green Hydrogen Energy Solutions Updated On Wed, Aug 24th, 2022 by Saurenergy To assess hydrogen applications, markets, and project potential in India and globally, Haryana-based Shell India and Ohmium International, a green hydrogen firm that designs, produces, and deploys PEM Electrolyzers, are working together. Both the sides are looking to establish collaborative working groups as part of the collaboration to evaluate potential from the technical, commercial, and […] Read more
American Battery Solutions Launches Storage Solutions Product Line Updated On Wed, Aug 24th, 2022 by Saurenergy Commercial and industrial advanced battery systems manufacturer, American Battery Solutions, has announced its new Energy Storage System division branded as ‘ABS ESS.’ According to American Battery Solutions, ABS ESS has unveiled TeraStor, its new lithium-ion battery energy storage platform, specifically for large-scale energy storage projects. Additionally, ABS ESS has also released StorView, its Energy Management […] Read more
Marsh Launches Insurance Facility For Green & Blue Hydrogen Project Risks Updated On Wed, Aug 24th, 2022 by Saurenergy Global insurance broker and risk advisor Marsh has announced the launch of a first-of-its-kind insurance and reinsurance facility that provides dedicated insurance capacity for new and existing green and blue hydrogen energy projects. Marsh said that the facility is developed by the company in collaboration with insurers Liberty Specialty Markets and AIG. The facility provides […] Read more
