The Start Of The Energy Storage Era Has Arrived In India- SBI Caps Updated On Fri, May 30th, 2025 by Saurenergy Investment bank SBI Caps has released a new report on the evolving battery scenario in India. The report makes a number of observations and recommendations to ensure that the critical sector delivers on its promise. From cautioning against a rush towards reducing dependence on China, calling instead for a more calibrated approach, to increasing import […] Read more
Ather, Infineon Team Up to Boost E-Two-Wheelers Growth Updated On Thu, May 29th, 2025 by Saurenergy Ather Energy, an electric two-wheeler manufacturer in India, and Infineon Technologies Asia Pacific Pte, a global semiconductor solutions provider signed a Memorandum of Understanding (MoU) in Seoul, South Korea. The collaboration aims to jointly drive innovation in the electric vehicle (EV) industry in India. This association focuses on advancing semiconductor technologies to support light electric […] Read more
‘Battery Aadhaar’: Tata Elxsi Brings Blockchain To Batteries Updated On Thu, May 29th, 2025 by Saurenergy Tata Elxsi, a global product engineering provider, showcased the technology demonstrator of Battery Aadhaar at the Battery Summit 2025. The World Resources Institute (WRI) India organized the summit and it was supported under the UNEP-led program ‘Electrifying Mobility in Cities’, and coordinated by NITI Aayog and the Department of Science & Technology, Government of India. […] Read more
OCI Energy, CPS, LG Energy Vertech Partner On Storage Project Updated On Wed, May 28th, 2025 by Saurenergy Texas-based OCI Energy LLC (OCI Energy) and CPS Energy, along with LG Energy Solutions’ U.S. energy storage division, LG Energy Solution Vertech, signed a Memorandum of Understanding (MOU), to collaborate on their Alamo City Battery Energy Storage System (Alamo City BESS) project. The joint effort, formalized during a ceremony in Seoul, South Korea, where the […] Read more
EV Push Powers E-3W Growth, E-2W Adoption Stagnates at 4%: IEEFA Updated On Wed, May 28th, 2025 by Saurenergy India’s electric mobility journey revealed a nuanced landscape where policy effectiveness varies across vehicle segments and market maturity stages, according to an IEEFA report. Its report, “From Incentives to Adoption: A Decadal Review of India’s EV Subsidy Effectiveness” found the electric three-wheeler (E3WC) segment growth demonstrates how well-designed state policies can effectively complement central initiatives, […] Read more
KREDL Floats 250MW/1100 MWh Solar-BESS Tender At Pavagada Updated On Tue, May 27th, 2025 by Saurenergy The Karnataka Renewable Energy Development Limited (KREDL) has floated its Tranche I Solar + Battery Energy Storage System (BESS) tender to develop a 250 MW solar project integrated with a 250MW/1,100 MWh BESS. The project, located in Ryapte, will supply peak power and optimize grid utilization at the Pavagada Solar Park under a Build-Own-Operate (BOO) […] Read more
Mufin Green Finance Secures $18 Million to Boost EV Lending for MSMEs Updated On Tue, May 27th, 2025 by Saurenergy Mufin Green Finance has raised $18 million in debt funding from a US-based institution to expand electric vehicle (EV) financing and leasing solutions for India’s micro, small and medium enterprises (MSMEs). The 10-year loan includes an initial disbursement of $10 million, with the remaining $8 million expected within 12 months, the company said in a […] Read more
Maharashtra Draft EV Policy Targets Rollout in Six Urban Hubs Updated On Tue, May 27th, 2025 by Saurenergy Maharashtra has unveiled a draft Electric Vehicle (EV) policy aimed at accelerating adoption across all vehicle segments through targeted incentives, infrastructure expansion, and support for local EV manufacturing. The policy seeks to foster innovation and skill development while promoting battery recycling and reuse to support a circular economy. The draft policy outlines, an ‘Operational Guidelines […] Read more
Sungrow, Globeleq Ink 612MWh BESS Deal In South Africa Updated On Mon, May 26th, 2025 by Saurenergy Sungrow, a global PV inverter and energy storage provider, and Globeleq, an independent power producer in Africa, have signed a Battery Energy Storage System (BESS) supply and a 15-year long-term service term sheet for the 153MW / 612MWh Red Sands BESS project in South Africa. The Red Sands BESS project is part of South Africa’s […] Read more
