Canada’s e-Zinc raises $25 M to advance long-duration energy storage Updated On Tue, Apr 12th, 2022 by Saurenergy Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […] Read more
Offgrid Energy Labs Unveils ZincGel Battery Technology for Electric Vehicles in India Updated On Fri, Apr 8th, 2022 by Saurenergy IIT Kanpur backed Offgrid Energy Labs has announced the launch of innovative ZincGel Battery Technology to strengthen India’s EV battery swapping segment with its sustainable batteries. The start-up will be targeting mobility partners to bring forth solutions for fleets operating low-powered electric vehicles like two-wheelers and three-wheelers. ZincGel Battery Technology, in comparison to lithium-ion and […] Read more
Grid Solutions (GE) to Help ReNew Power to Develop Renewable Energy Zones in India Updated On Thu, Apr 7th, 2022 by Saurenergy Grid Solutions business of the US-based General Electric (GE) has said that the company has entered into a multi-million dollar contract with Renew Power Pvt Ltd – one of the leading renewable energy players in India – to build two 400 kV substations in Karnataka. The work will be a part of the plan to […] Read more
Gridtential to Supply Battery Technology to Camel Energy and Leading U.S. Automaker Updated On Tue, Apr 5th, 2022 by Saurenergy Gridtential Energy, the firm behind the of Silicon Joule bipole battery technology, has announced a product development agreement with car batteries manufacturer Camel Energy and a top-three U.S. automaker for the delivery of start/stop batteries for internal combustion engine (ICE) vehicles. The same technology architecture can be used for low-voltage batteries in electric vehicles and […] Read more
Sulfur Batteries of Theion Offers 3X Energy Capacity, Affordability Updated On Tue, Apr 5th, 2022 by Saurenergy Berlin based battery start up Theion is coming up with its ‘Crystal Battery’ which – in comparison to lithium-ion batteries – increases the energy density of the cell by three times, requires 90 per cent less energy to produce them and costs far less. According to Theion, the Crystal Batteries employ lithium-sulphur cathode technology and […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
Multi GW RE growth opportunity for Origin Energy this decade, says firm Updated On Wed, Mar 9th, 2022 by Saurenergy Australian oil and gas major Origin Energy Limited (Origin) has announced it intends to undertake an initial on-market share buy-back of $250 million. The share buy-back is expected to commence in April 2022. Origin CEO Frank Calabria said, “Origin is in a strong financial position, with a robust outlook for the business and a capital structure […] Read more
Ashok Leyland Mulls Separate EV Plant, ₹5 B Invt in Alternative Fuel Tech Updated On Mon, Feb 21st, 2022 by Saurenergy Bullish on the future of green mobility, Hinduja Group flagship commercial vehicle maker Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according recent media reports. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like […] Read more
