Hindalco to Infuse INR 800 Cr for Battery Foil Manufacturing Facility Updated On Tue, Dec 12th, 2023 by Saurenergy Hindalco Industries, the world’s largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The firm is investing INR 800 crore to build a new plant near Sambalpur in […] Read more
Convergence Energy Services Limited Calls Bus Operators for Supply of 3,600 E-buses Updated On Tue, Dec 12th, 2023 by Saurenergy Convergence Energy Services Limited (CESL) has issued a Request for Proposal (RFP) for the selection of bus operator for procurement, supply, operation and maintenance of 3,600 electric buses and development of allied electric and civil infrastructure on Gross Cost Contracting under PM e-Bus Sewa. The online bid submission ends on December 14, 2023. The techno-commercial […] Read more
Tata Passenger Electric Mobility Teams Up with CPOs for 10,000 EV Charging Points Updated On Tue, Dec 12th, 2023 by Saurenergy An arm of Tata Motors, Tata Passenger Electric Mobility Ltd., has joined hands with various charge point operators (CPOs), Chargezone, Glida, Statiq and Zeon, for the rollout of more than 10,000 additional electric vehicles charging points. The time period to achieve this is within the next 12-15 months. Thus, EV owners will have access to […] Read more
US-India Energy Storage Task Force Commences Operations Updated On Tue, Dec 12th, 2023 by Saurenergy The United States (US)-India Energy Storage Task Force, first announced in October 2022 Ministerial meeting of the US-India Strategic Clean Energy Partnership (SCEP) held between Indian Minister of Petroleum and Natural Gas, Hardeep Singh Puri and US Energy Secretary Jennifer Granholm, commenced operations today. The public-private US-India Energy Storage Task Force (ESTF) was established by […] Read more
Ministry of Heavy Industries Greenlights 7,432 EV Charging Stations Across India Updated On Mon, Dec 11th, 2023 by Saurenergy In a major announcement that is set to transform the EV (electric vehicle) charging landscape of the country, the Ministry of Heavy Industries has given its nod for 7,432 EV charging stations. The charging stations will be set up by three Oil Marketing Companies (OMCs). The announcement comes under the second phase of the FAME […] Read more
EU Commission Proposed Extension On Sale EV and Batteries In UK Updated On Fri, Dec 8th, 2023 by Saurenergy The European Union (EU), recently proposed to the European Council a one-off extension on electric vehicles (EV) and batteries – until 31 December 2026. This proposal falls under the current rules of origin for electric vehicles and batteries under the EU-UK Trade and Cooperation Agreement (TCA). The Trade and Cooperation Agreement established the rules governing […] Read more
India Registered 62 EV Manufacturers Under FAME-II, Parliament Told Updated On Thu, Dec 7th, 2023 by Saurenergy The Minister of State for Heavy Industries (MHI), Krishan Pal Gurjar, in a written reply in Parliament stated that, under FAME-II, subsidies of Rs. 5,228.00 crore were disbursed for the increased deployment of Electric Vehicles (EVs) in India. He also told the Lower House that under the scheme, a total of 11,53,079 EVs were sold […] Read more
Aravind Kumar to Steer Magenta Mobility as Chief Financial Officer Updated On Thu, Dec 7th, 2023 by Saurenergy Electric mobility solutions provider, Magenta Mobility, has appointed Aravind Kumar S R as its Chief Financial Officer. The Chartered Accountant brings to the table 21 years of work experience and the skills acquired from the Executive General Management Programme at IIM Bangalore. Aravind Kumar has worked with firms such as Satyam Computers, Renault Nissan Technology […] Read more
Engie & Canadian Solar to Charge up UK Energy Storage Sector with 226 MWh BESS Updated On Thu, Dec 7th, 2023 by Saurenergy French utility firm Engie has joined hands with Canadian Solar’s storage arm, e-STORAGE for two battery projects located in Scotland. e-STORAGE will be responsible for delivering 226 MWh DC of turnkey energy storage solutions to Engie in Scotland. Under the EPC, (Engineering, Procurement, and Construction) agreement, e-STORAGE will construct the two energy storage projects, boasting […] Read more
