AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
Power Distribution Sector Needs Skill Development and Soon! Updated On Mon, Jan 28th, 2019 by Saurenergy Distribution companies need to undertake measures like smart metering, smart grid technology, switching to renewable sources of energy, adoption of blockchain in managing distributed energy resources and Artificial Intelligence. All of this calls for upscaling of existing workforce and preparing future power sector professionals to make strong impacts in the power sector. The need of […] Read more
Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA) Updated On Mon, Jan 28th, 2019 by Saurenergy High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […] Read more
New Aspirations with New Year! Updated On Thu, Jan 24th, 2019 by Saurenergy The New Year 2019 is ready to be kicked off with all new power promises and aspirations with the rising of the new sun. Everybody in the solar industry is also expecting that this New Year will achieve far greater milestones as compared to the previous year. They also hope, the New Year will bring […] Read more
Toyota – Panasonic JV To Manufacture Electric Vehicle Batteries in 2020 Updated On Wed, Jan 23rd, 2019 by Saurenergy Toyota is to hold a 51 percent majority stake with Panasonic owning the rest. Japanese firms, Toyota Motor and Panasonic plan to set up a joint venture in 2020 to manufacture batteries for electric vehicles, joining forces to compete more effectively on cost and scale with rising Chinese players in a key area for the future of […] Read more
POWERED Accelerator’s Second Cohort Shortlists 9 Women-Led Startups Updated On Tue, Jan 22nd, 2019 by Saurenergy Selected companies from the 2nd cohort will be supported with an equity-free seed fund of up to $10,000 after a successful first cohort in October. POWERED Accelerator, a first-of-its-kind global entrepreneurship programme, focusing on women-led businesses in the energy value chain, has shortlisted 9 women-led startups for its 2nd cohort. The 9 women-led startups shortlisted […] Read more
BHEL, Libcoin to Build India’s 1st Lithium Ion Battery Plant Updated On Sat, Jan 19th, 2019 by Saurenergy The government is further expecting that, this project will bring energy independence by replacing oil imports with abundant renewable. Public sector electric equipment maker Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to form a consortium to initially build 1GWh lithium ion battery plant in India, says government. The Ministry of Heavy Industries […] Read more
Okaya Bags Prestigious “Emerging Energy Storage Company of the Year” Award from IESA Updated On Wed, Jan 16th, 2019 by Saurenergy Okaya Power Group, a world class battery and inverter manufacturing company has received the most distinguished “Emerging Energy Storage Company of the Year” award from India Energy Storage Alliance (IESA). IESA, which is a leading body aimed at making energy storage sector in India more competitive and efficient, bestowed the esteemed award upon Okaya for […] Read more
Nissan Unveils New and Improved EV Leaf e+ with 350 km Range Updated On Tue, Jan 15th, 2019 by Saurenergy The “e+” refers to the increased energy density of the model’s 62 kWh battery pack and the higher output of its powertrain. Japanese automaker Nissan ‘s Leaf has been on the EV market for a while now and holds a considerable share of the market. But with just 150 miles of range available, it was […] Read more
