US-Based Odyssey Raises $5.34m to Expand Distributed RE Updated On Mon, Sep 12th, 2022 by Saurenergy US-based Odyssey Energy Solutions has announced that it has raised $5.34 million in new funding led by Equal Ventures, a venture capital investment firm based in New York,. The participating investors include Twelve Below, Abstract Ventures, Founder Collective, and MCJ Collective. Odyssey offers an end-to-end solution to finance, build and operate distributed energy projects at […] Read more
Deutsche Bahn, Kia Partner To Convert Used Batteries Into Storage Systems Updated On Fri, Sep 9th, 2022 by Saurenergy The Korean automaker Kia and Germany’s Deutsche Bahn (DB) have announced a partnership to increase the useable life of batteries used in electric mobility. Their solution is to re-use used lithium-ion batteries from electric vehicles to create efficient and cost-effective energy storage systems for green electricity. The official statement says that the second-life battery energy […] Read more
AMP Energy Joins The Manufacturing Trail, To Make Solar Modules and Cells Updated On Fri, Sep 9th, 2022 by Saurenergy Amp Energy India, one of India’s leading renewable energy companies hitherto focused on EPC and the C&I segment, has announced a joint venture (JV) with Websol Energy Systems Ltd. for manufacturing and production of upto 1.2 GW monocrystalline PERC solar cells and modules. The companies have entered into a Term Sheet for establishment of a […] Read more
Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
Cummins to Expand Belgium Electrolyzer Manufacturing Capacity To 1 GW Updated On Fri, Sep 9th, 2022 by Saurenergy American multinational Cummins Inc. has announced that it will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 GW with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. Cummins held that IPCEI will help Cummins develop a new generation of PEM electrolyzer cell stacks to power large-scale […] Read more
On World EV Day, Startups Are More Optimistic Than Ever About The Future Updated On Fri, Sep 9th, 2022 by Saurenergy September 9, designated as World EV day has come around again, and this time, we can truly say that a new sense of optimism pervades the sector. Yes, there have been the usual hiccups, including the not so minor issue of quality control over the Lithium ion batteries that power most EVs, but it would […] Read more
Canada’s Ballard to Power India’s First Hydrogen Trains Updated On Fri, Sep 9th, 2022 by Saurenergy The Indian Railways is on the path of reformation through innovation with special onus on the use of renewable energy. In a key development, Canada-based Ballard Power Systems has announced that it has received a fuel cell module order from Medha Servo Drives. Medha Servo Drives is a rail system that has been contracted by […] Read more
Delta Reaches Milestone Of Shipping Over 1 Mn EV Chargers Worldwide Updated On Fri, Sep 9th, 2022 by Saurenergy Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electric vehicles) charging solutions, it has set up EV charging stations in various parts of the world, including Asia, USA, and […] Read more
World EV Day: EV Market Closing Gap With ICE Vehicle Market Updated On Fri, Sep 9th, 2022 by Saurenergy It is that time – September 9, World EV Day. The day is marked as a significant event for the world that looks towards a future of clean transport. World EV Day is a global movement, a day of celebration of e-mobility, and a day to shift the transition to sustainable transport with consumer, business […] Read more
