ONE To Invest $1.6 20 GWh In Michigan Cell Factory Updated On Fri, Oct 7th, 2022 by Saurenergy Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […] Read more
We Are Targetting Volumes of Nearly 175,000 Vehicles Yearly in Next 5-7 Years Updated On Mon, Oct 3rd, 2022 by Saurenergy EV startup, ElectronEV was founded in 2020 by Vinay Jayachand and Rakesh Koneru. Based out of Bay Area, USA and Hyderabad, the startup recently announced its entry into the Indian market. Its founder Vinay Jayachand brings to the table more than 11 years of experience in the automotive industry. Of this, he spent eight years […] Read more
Delhi Plans to Install Over 5K kerbside EV Charging Points in Next Three Years Updated On Tue, Sep 20th, 2022 by Saurenergy The Delhi Government has revealed that it will install over 5,000 kerbside charging stations for electric vehicles on all main roads in the next three years. The implementation of EV kerbside charging in Delhi was the topic of a meeting called by Jasmine Shah, Vice Chair of the Dialogue and Development Commission of Delhi (DDCD). […] Read more
Start-up Adden Energy Develops EV Battery that Charges in 3 Minutes, Lasts 20 Years Updated On Thu, Sep 15th, 2022 by Saurenergy Start-up Adden Energy has innovated a battery for electric cars that promises to achieve full charging in three minutes and also lasts two decades. The start-up announced that it has received the grant of an exclusive technology license by Harvard University’s Office of Technology Development (OTD) and a seed round financing of $5.15 million. Adden […] Read more
Start-Up Jungle Raises €5 Million to Deploy AI Technology in RE Sector Updated On Wed, Sep 7th, 2022 by Saurenergy Dutch artificial intelligence start-up Jungle has announced that it has closed a €5 million Series A funding round led by SHIFT Invest- Dutch venture capital fund complemented by Rocks International Group, EDP Ventures, Gorilla Growth Capital and Future Energy Ventures. Jungle said that the funding will allow it to speed up the deployment of its […] Read more
The Many Promises of Battery Swapping Updated On Mon, Sep 5th, 2022 by Saurenergy Known for designing and developing electric vehicles, Chinese multinational automobile manufacturer, NIO, has established a formidable reputation with regard to battery swap stations. In July this year, the automobile giant opened 1,000 swap stations and reached 10 million battery swaps. As of August, NIO boasts of 1071 swap stations in China, however, it has no […] Read more
The Bridge to 280 GW Of Solar. Corporate India Steps Up Updated On Thu, Sep 1st, 2022 by Saurenergy They have the money, resilience, and execution ability that can leave an indelible impact on India’s economy; but can the country’s corporates (C&I sector) open up a new growth engine for India’s solar movement? The time, it seems, has arrived. As always in India, among the stakeholders, there will be many who will want to […] Read more
Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group Updated On Wed, Aug 10th, 2022 by Saurenergy In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […] Read more
Terabase Energy Raises Fund From Bill Gates’ Breakthrough Energy Ventures Updated On Fri, Aug 5th, 2022 by Saurenergy Terabase Energy, a US-based start-up, has raised USD $44 million in a Series B investment round led by Bill Gates’ Breakthrough Energy Ventures and venture capital company Prelude Ventures, among others, to accelerate the commercialization of its automated solar park building technology. The increase brings the company’s total funding to US$52 million, up from US$6 […] Read more
