S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
UP Seeks To Test Solar Template At Magh Mela 2024 For Bigger Kumbh Ambitions Updated On Mon, Jun 12th, 2023 by Saurenergy The Uttar Pradesh government’s plan to develop 20 solar cities by 2026-27 with a total installed capacity of 16,000 MW is beginning to show some specific outcomes. In Prayagraj, one of the cities on the list, solar energy will be used extensively during the upcoming Magh Mela-2024. Preparations have apparently begun after a go-ahead from […] Read more
Five Reasons EVs Will Deliver On Their Clean Promise Updated On Thu, Jun 8th, 2023 by Saurenergy In Part 1 of this two-part series yesterday, we covered the various challenges to Electric Vehicles (EVs), especially regarding their green credentials. However, the EV juggernaut has only picked up speed in India, with the market leader, Tata Motors, which leads in the four-wheeler EV segment with their EV models-Tiago and Nexon is now all set to launch its […] Read more
MNRE, MoP Launch New Mission ‘MAHIR’ To Locally Develop New Energy Solutions Updated On Wed, Jun 7th, 2023 by Saurenergy The Ministry of Power and the Ministry of New and Renewable Energy (MNRE) have jointly launched a National Mission to quickly identify emerging technologies in the power sector and develop them indigenously, at scale, for deployment within and outside India. The National Mission has been named ‘Mission on Advanced and High-Impact Research (MAHIR)’. It aims […] Read more
EV Maker Wardwizard Operationalises Lithium-ion Battery Unit in Vadodara Updated On Mon, Mar 27th, 2023 by Saurenergy Electric vehicle manufacturer Wardwizard Innovations and Mobility has announced that it has begun the operations of its lithium-ion battery assembly facility at Vadodara in Gujarat. The assembly line has been in-built by the company at its EV ancillary cluster and has an annual production capacity of 1 GWh. Wardwizard had announced about the company’s plan […] Read more
Albemarle Corp will Invest $1.3 billion in USA Lithium Battery Plant Updated On Thu, Mar 23rd, 2023 by Saurenergy Lithium and bromine giant Albemarle Corporation that offers essential elements for mobility, energy, connectivity and health, has announced plans to build its lithium hydroxide Mega-Flex facility in Chester County, South Carolina. Albemarle says that the facility includes an initial investment of at least $1.3 billion to help meet the surging demand for domestic and international […] Read more
Access to finance remains a significant challenge for many energy storage projects: V G Anil, ARENQ Updated On Wed, Mar 22nd, 2023 by Saurenergy Pune-based ARENQ, a manufacturer and distributor of storage batteries for all industries, is a subsidiary of Sunlit Power. The CEO of ARENQ, V G Anil, speaks to Saur Energy about the battery storage industry in India and the ambitions of the firm. What are some alternatives to li-ion batteries that the industry can […] Read more
Battery Smart FY22 Revenues at Rs 7.95 Crore, Stations Cross 500 Mark Updated On Tue, Mar 21st, 2023 by Saurenergy Backed by some strong investor backing, three year old EV battery swapping solution provider Battery Smart finally hit its straps in the last financial year. Battery Smart’s revenue from operations jumped to Rs 7.95 crore during the fiscal year ending March 2022 from Rs 18 lakh in FY21, as per the consolidated annual financial statement […] Read more
Ascend Elements to Supply 5,000 Metric Tons of Recycled Lithium to Koura Updated On Wed, Mar 15th, 2023 by Saurenergy Westborough-based Ascend Elements, a lithium-ion battery recycling and engineered materials company, will supply Koura with up to 5,000 metric tons of recycled and recovered lithium carbonate per year. Manhattan-based Koura is an Orbia business and one of the world’s largest producers of fluoroproducts and advanced technologies. Ascend Elements said that Koura will use the recycled […] Read more