EV Start-Ups River And OTO Raise $40 Million & $10 Million Respectively Updated On Wed, Feb 7th, 2024 by Saurenergy As the electric vehicle industry in India is finding ways to steady rise, the start-ups in the EV ecosystem are strengthening the supply chain and expanding by garnering fresh funds. In fresh developments, EV maker River and EV finance firm OTO have raised $40 million and $10 million to further their businesses River Secures $40 […] Read more
Australia In Focus as Pacific Green Targets 12 GWh Global BESS Capacity Updated On Tue, Feb 6th, 2024 by Saurenergy UK based Global energy storage and environmental technology company, Pacific Green Technologies, Inc. is targeting more than 12GWh of battery energy storage capacity across four global markets. Having achieved rapid pipeline growth to 6GWh in 2023 – taking scale positions in the emerging Italian and Australian energy storage markets, as well as moving its first […] Read more
Hala Mobility, Sieger Technologies Collaborate For 18,000 EV Two-Wheelers In Hyderabad Updated On Tue, Feb 6th, 2024 by Saurenergy E-Mobility-as-a-Service (E-MaaS) solutions provider Hala Mobility has partnered with lithium-ion battery producer Sieger Technologies for accelerating the establishment of EV fast charging infrastructure in Hyderabad, Telangana. Under the multi-year agreement, the focus of the two firms lies on rolling out EV fast charge/battery swap stations. Hala Mobility said that the partnership will be commencing with […] Read more
South Korean University Research Aims At Boosting Lithium-Ion Battery Efficiency Updated On Tue, Feb 6th, 2024 by Saurenergy Researchers at the Chung-Ang University in South Korea have worked on improving the efficiency of Lithium-ion batteries. Their work mainly involved in the electrolyte solutions. Lithium-ion batteries, essential for electric vehicles, face safety concerns due to polarization effects during fast charging. These researchers have now studied the impact of high-concentration electrolytes on their interface kinetics and […] Read more
Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion Updated On Tue, Feb 6th, 2024 by Saurenergy Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […] Read more
Re-strategizing To Meet The Growing Demand For Power Updated On Mon, Feb 5th, 2024 by Saurenergy Few sectors, if any, today pose as many challenges or hold as many opportunities as India’s power sector. It has witnessed developments and disruptions in recent years, and while the long-term goal posts remain largely steady, we might have to move sideways towards them instead of headlong. India’s power demand grew at an unprecedented 9% […] Read more
EV Ride-hailing Snap-E Cabs raises USD 2.5 million in Pre-Series A Round Updated On Mon, Feb 5th, 2024 by Saurenergy Kolkata based Snap-E Cabs, an EV Ride-hailing platform has raised USD 2.5 million in a Pre-Series A Round led by Inflection Point Ventures. Snap-E Cabs plans to allocate funds for talent acquisition to support growth, invest in tech upgrades and the introduction of new tech-enabled services, and expand operations into additional geographies. Snap-E provides an […] Read more
Latest Solar Auction in Germany Oversubscribed by 3.5 Times Updated On Fri, Feb 2nd, 2024 by Saurenergy The latest solar PV auction for ground-mounted capacity in Germany concluded with three and half times oversubscription with 574 bids totalling 5.5 gigawatts (GW), surpassing the 1.6 GW of capacity up for auction. The German Federal Network Agency, the Bundesnetzagentur, published the results for the tender that sought 1.61GW of solar PV capacity. According to […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
