CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
Czech Auto Major Skoda Runs Dealership on 2nd Life Lithium Ion Batteries Updated On Thu, Aug 12th, 2021 by Saurenergy Skoda, the Czech automobile manufacturer is powering its dealerships in Prague using power generated through second-life lithium-ion batteries from its PHEVs and BEV models. It has announced plans to install power hubs made from its own old electric vehicle (EV) batteries, across its retailer network around the country. This comes under a partnership of Skoda […] Read more
40 Electric Buses from Ashok Leyland Hit Roads of Chandigarh Updated On Thu, Aug 12th, 2021 by Saurenergy A multinational automotive manufacturer from Hinduja Group, Ashok Leyland, has rolled out its electric buses (e-buses) in Chandigarh. On Wednesday, the Governor of Chandigarh, VP Singh Bandore flagged off the set of 40 electric buses from Ashok Leyland in its first phase. According to the firm, Ashok got the order to build electric buses that […] Read more
MNRE Starts Loan Scheme for Waste to Energy Biomethanation Projects Updated On Thu, Aug 12th, 2021 by Saurenergy At a recent webinar organised on ‘World Biofuels Day’, the Ministry of New and Renewable Energy (MNRE), in association with the United Nations Industrial Development Organization (UNIDO) and the Global Environment Facility (GEF), launched a loan interest subvention scheme to provide financial assistance to innovative waste to energy biomethanation projects and business models. A GIS […] Read more
Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030 Updated On Thu, Aug 12th, 2021 by Saurenergy Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […] Read more
Sicona Secures AU$3.7 M to Expand Battery Supplies Tech Updated On Thu, Aug 12th, 2021 by Saurenergy Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […] Read more
MNRE Issues RLMM List For Wind Turbines Updated On Thu, Aug 12th, 2021 by Saurenergy The Revised list of models and manufacturers (RLMM) for Wind turbines in India has none of the surprises one associates with the ALMM (Approved list of Module Maufacturers) list for solar producers. For where the ALMM list is restricted to domestic manufacturers for now, the RLMM list has as many as 9 out of 14 […] Read more
Fremo Launches A 1000W Power Station- The Fremo X700 Updated On Thu, Aug 12th, 2021 by Saurenergy An emerging startup in the North American electronics market, Fremo has launched a compact and portable power station called Fremo X700. With their existing product offerings of portable batteries and power banks, they kicked it up a notch by adding Fremo X700 to their product lineup. Its compact size and cutting-edge design make it a […] Read more
Mandating Green Hydrogen Use In Fertilisers and Other Sectors Key, Says Minister Updated On Wed, Aug 11th, 2021 by Saurenergy According to the junior oil minister, Rameswar Teli, under its quest to reduce carbon emissions, India plans to mandate refineries and fertilizer plants to use some green hydrogen. In a written reply to lawmakers on Monday, Teli said that India’s draft hydrogen policy will mandate a gradual increase in the use of green hydrogen instead […] Read more
