Crash in Lithium Prices: A Boon for EV Buyers or Unsustainable Trend? Updated On Tue, Apr 4th, 2023 by Saurenergy Prices of the so-called ‘White Gold’ has been declining for the past few months. Lithium is a common ingredient in almost all electric-car batteries we use today. The drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. For instance, last month, Tesla lowered the prices of its two […] Read more
CEEW Study Flags Concentration Of Clean Energy Manufacturing As Global Risk Updated On Tue, Apr 4th, 2023 by Saurenergy Two studies conducted by the researchers at the Council on Energy, Environment and Water (CEEW) have batted for an interrupted and affordable supply of critical clean energy technologies across the globe. The report said this was needed for achieving the Sustainable Development Goals (SDGs) and for a risk-free energy transition towards renewable energy. The Indian […] Read more
Battery Recycling Startup-Metastable Bags Seed Funding Under Scale-Up Programme Updated On Mon, Apr 3rd, 2023 by Saurenergy Metastable, a deep-tech battery recycling startup, has raised seed funding under Sequoia Capital Asia’s rapid scale-up programme, ‘ Surge’. The Bengaluru-based urban mining company works towards extracting crucial elements of Lithium-ion batteries up to the optimal level. In a release to the media, the firm said that it had raised seed funding through the programme. […] Read more
US State Of Maryland Quadruples Offshore Wind Target To 8.5 GW, Set To Pass Law Updated On Mon, Apr 3rd, 2023 by Saurenergy The state of Maryland in the US has set a new target of offshore wind energy in a quest to achieve the national goal of zero carbon emission and combat climate change. Maryland governor Wes Moore said during the International Partnering Forum, 2023, in Baltimore that the state has now more than quadrupled the previous […] Read more
Canada Joins The Race To Offer Clean Energy Manufacturing Incentives Updated On Fri, Mar 31st, 2023 by Saurenergy After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […] Read more
Ascend Elements Opens Largest EV Battery Recycling Facility of North America Updated On Fri, Mar 31st, 2023 by Saurenergy As recycling continues to emerge as a key pillar of the Lithium battery question, Ascend Elements has opened its first commercial-scale lithium-ion battery recycling facility this week. The facility is claimed to be the largest in the US, the world’s largest auto market. Ascend Elements said that located in Covington, Georgia, the $50 million Base […] Read more
Engineer – Control System Detail Design Updated On Thu, Mar 30th, 2023 by Saurenergy As Detail Design Engineer, Control System Engineering you will be responsible for delivering high quality detail design documents for power plants control system. You will independently perform control cubicle hardware design of the various hydro Control system packages in the projects under guidance from package Engineer. This is a cross-functional role needing collaboration with process […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more