The Top 5: Challenges to EV Growth in 2023 Updated On Thu, Jan 26th, 2023 by Saurenergy The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India. According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more
Islamic Development Bank To Offer Insurance/Finance For RE Projects Updated On Wed, Jan 25th, 2023 by Saurenergy In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […] Read more
Rajesh Exports Signs Agreement With Centre & Karnataka For 5GWh Lithium Cells Factory Updated On Wed, Jan 25th, 2023 by Saurenergy Rajesh Exports Limited (REL) has announced that it has signed a tripartite agreement with the Central Government and Karnataka state government under which it will set up a 5 GWh gigafactory to manufacture lithium ion cells for battery production. The company said that it was selected by the Central Government as one among the successful […] Read more
The Top 5: Steps To Ensure High Performance From Your EV Battery Updated On Wed, Jan 25th, 2023 by Saurenergy For an EV, the battery is the most critical component. Even from a cost viability perspective, the battery’s cost constitutes around 30-40 per cent of the total cost of an EV. Thus, getting the best possible performance and longevity from the battery certifies the worth of the EV too. This article outlines the five steps […] Read more
BMW & Solid Power Partnership For Solid-State Battery Technology Updated On Tue, Jan 24th, 2023 by Saurenergy Automakers are exploring the possibilities of enhancing battery technology seeking a fit with the growing expectations of the EV industry. Solid-state battery is one such technology that can disrupt the existing power storage market for EVs. As per some forecasts, the Solid-state battery market size will reach $13.15 billion by 2030 from $805 million in […] Read more
Amid Eskom Struggles & Load Shedding, South African Switches On Renewables Action Plan Updated On Tue, Jan 24th, 2023 by Saurenergy South Africa, long plagued by inefficiencies at national discom Eskon, has decided to move decisively to change the narrative. The country, facing further 2 years of load shedding as projected by Eskom, has made a plan to add 14.771 GW of new wind, solar and battery storage capacity to the national grid. Ever since 2010, […] Read more
NTPC Issues BOS Tender for ISTS Connected Wind Projects Worth 1 GW in Gujarat Updated On Tue, Jan 24th, 2023 by Saurenergy The wholly-owned subsidiary of NTPC, NTPC Renewable Energy has issued a mega tender for the balance of system package of ISTS-connected wind power projects worth 1 GW in Gujarat. The tender marks one of the larger push for onshore wind in India, a sector that has been noticeably lagging solar power growth in the past […] Read more
Servotech Rings in 84% Increase in Profits in Q3 for FY22-23 Updated On Tue, Jan 24th, 2023 by Saurenergy Manufacturer of solar, power-backup, electric Vehicle (EV) chargers, and other smart power solutions, Servotech Power Systems Ltd. (NSE: SERVOTECH), has revealed its quarterly financial results for the quarter ended December 31, 2022. The results were shared at its Board of Directors meeting on January 21, 2023. Servotech Power Systems Ltd. has rung in a quarterly […] Read more
