The Success Story of Solar Lighting in Rural Landscapes Updated On Wed, Dec 27th, 2023 by Saurenergy By Shashank Donthi, CEO of Hynetic Electronics Solar lighting in rural landscapes have gained popularity and extensive deployment in India due to their eco-friendly nature and cost-effectiveness. These lights harness solar energy during the day using photovoltaic panels and store it in batteries for illumination during the night. India’s rural communities form the foundation of […] Read more
UK-EU New Trade Rule To Support, EV Manufacturers And Consumers Updated On Fri, Dec 22nd, 2023 by Saurenergy The United Kingdom government (UK) and European Union (EU) have recently announced their agreement to extended trade rules on electric vehicles (EVs). The move is set to help the manufacturers and consumers save up to £4.3 billion in additional costs. This agreement can provide long term certainty for automotive industry and boost electric vehicle sales […] Read more
11.61 Lakh Electric Vehicles Sold Under FAME-II Scheme, Says Govt Updated On Thu, Dec 21st, 2023 by Saurenergy The Minister of Heavy Industry (MHI) Minister, Mahendra Nath Pandey recently shared data on the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) Scheme in the parliament. The scheme operated for a period of five years commencing from 1st April 2019 with a total budgetary support of Rs. 10,000 crores. The minister said […] Read more
Hindalco Joins Hands with USA’s C4V to Develop Battery Material Updated On Wed, Dec 20th, 2023 by Saurenergy C4V, a firm specializing in Li-Ion battery technology based in the United States, has entered into a Memorandum of Understanding (MOU) with Hindalco Industries. This agreement focuses on producing and delivering aluminum foils, coated foils, and structural components specifically tailored for Li-ion cells, serving the expanding market for EV battery materials. The collaboration’s primary objective […] Read more
Vinayak Kathare Joins Log9 Materials As Vice President, Stationary Energy Systems Updated On Tue, Dec 19th, 2023 by Saurenergy Vinayak Kathare has joined Log9 Materials as its new Vice President of Stationary Energy Systems. Headquartered in Bengaluru, Log9 Materials delves in batteries and energy storage solutions. Vinayak Kathare brings a wealth of experience in the renewable energy industry. His background includes heading new initiatives for one of India’s leading renewable energy firms. The firm […] Read more
Li-ion Battery Recycling Firm BatX Energies Raises $5 Million Funding Updated On Tue, Dec 19th, 2023 by Saurenergy Indian Lithium-ion battery recycling firm BatX Energies raised $5M in Pre-Series A Funding, fueled by Zephyr Peacock in participation with Lets Venture, and existing investors JITO Angel Network and Family offices of Mankind Pharma, Excel Industries, BluSmart and others. Setting up the momentum for the Lithium-ion Battery recycling industry in India, the funds will turbocharge […] Read more
Pune-Based KPIT Technologies Unveils Sodium-Ion Battery Technology Updated On Mon, Dec 18th, 2023 by Saurenergy Pune-based KPIT Technologies, a partner to the automotive and mobility ecosystem, introduced its Sodium (Na)-ion battery technology. The new technology by the battery tech offers an extended lifespan with 80% capacity retention for 3000-6000 cycles and faster charging capability as compared to lithium batteries. Its builds on and compliments KPIT expertise in software development, integration […] Read more
SOFAR Showcases PV & ESS Offering at EnerGaïa 2023 at France Updated On Fri, Dec 15th, 2023 by Saurenergy SOFAR showcased its solar and storage solutions covering residential, C&I and utility applications at EnerGaïa concluded at France recently. SOFAR is a global provider of all-scenario PV & ESS solutions, With the European Parliament adopting the power market reform plan in July, the EU utility storage market is expected to usher in an outbreak. In […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more