Recycling technology firm Nth Cycle Raises Fresh Funding of $12.5 million Updated On Wed, Feb 16th, 2022 by Saurenergy Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric […] Read more
IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
Maharashtra to go with EVs for Ajanta Ellora Cave visits Updated On Wed, Feb 16th, 2022 by Saurenergy The Maharashtra government has set plans to leverage electric vehicles (EVs) to transport tourists to the world heritage sites in the state. Maharashtra state tourism minister Aaditya Thackeray announced government plans to deploy EV for facilitating state tourism to the world-famous UNESCO world heritage sites Ajanta and Ellora caves. Until their closure due to covid, […] Read more
Centrica Business Solutions Bags 89MW Multi-battery Optimisation Deal Updated On Tue, Feb 15th, 2022 by Saurenergy Centrica Business Solutions has signed a ten-year contract with 4 Renewable Energy (previously known as INFRAGREEN IV RE), RGREEN INVEST’s dedicated IPP platform, for the optimisation of three battery storage plants developed by Arlington Energy and under construction across England. Totalling 89MW of assets with a one-hour duration, the three projects are scheduled to be completed […] Read more
EVI Technologies Installs 380 EV Chargers in 17 Indian Cities Updated On Tue, Feb 15th, 2022 by Saurenergy Indian EV charging solutions provider EVI Technologies Private Limited (EVIT) has installed 380 EV chargers in 17 cities across India, the company said in a recent statement. It is further planning to set up charging and battery swapping stations in more cities of the country for electric two and three wheelers by FY 22-23. EVI Technologies was incubated by Electropreneur Park, and […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
Okinawa’s New E2W Plant in Rajasthan Has 3 Lac Units Annual Capacity Updated On Tue, Feb 15th, 2022 by Saurenergy Indian electric two-wheeler manufacturer Okinawa Autotech has commenced operations at its second manufacturing unit located in Bhiwadi, Rajasthan, the company said in a recent statement. The company expects to be manufacturing close to 3 lakh electric vehicles (EVs) per year at the new plant, aiming to eventually increase the capacity to 1 million in the […] Read more
20% of all E4W Used by Govt Entities, Karnataka Leads list: Gadkari Updated On Mon, Feb 14th, 2022 by Saurenergy One in every five electric four-wheelers registered in the country is being used by govt entities, according to road transport ministry data submitted in Parliament. On Friday, Union road transport minister Nitin Gadkari informed Lok Sabha that govt entities are using 5,384 electric vehicles as of February 4. Earlier, he had informed Rajya Sabha that […] Read more
IIT Madras Partners with French Firm to Develop RE Research Park Updated On Mon, Feb 14th, 2022 by Saurenergy French glass and building material major Saint-Gobain India and IIT Madras Research Park have entered into an MoU on Thursday to develop a 100% Renewable Energy (RE) – research park. Saint-Gobain India will support IIT Madras Research Park with a funding of Rs one crore over the next three years and the collaboration is to […] Read more
