Panasonic Energy, H&T Partner To Supply Li-ion Battery Cans To US Updated On Tue, Feb 27th, 2024 by Saurenergy Panasonic Energy a Panasonic Group Company today announced it has signed a long-term agreement with H&T Recharge, a leading battery component manufacturer, for the supply of lithium-ion battery cans in North America, with the aim of expanding its production of safe electric vehicle (EV) batteries. Panasonic Energy and H&T have collaborated since 2017, with H&T […] Read more
VinFast Set To Launch Integrated EV Facility In Tamil Nadu On February 25 Updated On Thu, Feb 22nd, 2024 by Saurenergy VinFast Auto a Vietnam-based automaker shared its plan to set up an integrated electric vehicle (EV) manufacturing facility in Tamil Nadu which is projected to churn out about 3,000 to 3,500 local job opportunities. VinFast shared its plan to set up an integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on February […] Read more
US At Risk Of Falling Behind RE Target Post-IRA: Report Updated On Thu, Feb 22nd, 2024 by Saurenergy A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […] Read more
BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy Updated On Wed, Feb 21st, 2024 by Saurenergy BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power. The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […] Read more
Karnataka Set To Install 40,000 Solar Pumps Under PM-KUSUM Updated On Wed, Feb 21st, 2024 by Saurenergy Karnataka 2024 Budget released some key initiatives to support the solar sector such as through the installation of solar pumps. The 2024 budget emphasized some key initiatives to make farmers self-sufficient. The Karnataka government will install 40,000 off-grid solar pump sets under the PM-KUSUM Component-B scheme. It plans to do so at an estimated cost […] Read more
Bengaluru-Based EV Startup Pravaig Dynamics To Export Batteries To Greece Updated On Wed, Feb 21st, 2024 by Saurenergy Bengaluru-based electric vehicle startup Pravaig Dynamics has announced that it won a deal to export its energy storage systems for solar farms in Greece, according to a report by the news agency PTI. This has been a breakthrough for an Indian company in the highly competitive renewable energy market in Europe. Pravaig, which manufactures high-precision […] Read more
Goa Govt, PFC Collaborate To Set Up Blended Finance Facility With World Bank Updated On Wed, Feb 21st, 2024 by Saurenergy Power Finance Corporation (PFC), a NBFC, power sector PSU and renewable energy financier in India, collaborated to support the climate ambitions in Goa. They signed a Memorandum of Understanding (MoU) to support the climate ambitions of the state of Goa. The support extended would be under the Blended Finance Facility being set up by Goa […] Read more
IREDA To Establish Subsidiary For Retail Finance Updated On Wed, Feb 21st, 2024 by Saurenergy In a clear sign of its determination to go it alone if required for achieving solar rooftop targets, the Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), Pradip Kumar Das has confirmed IREDA’s plans for establishing a subsidiary to cater to retail projects encompassing Rooftop Solar, PM-KUSUM, Electric Vehicles, and other […] Read more
GlobalFoundries, Biden Admin Announces $1.5 Bn Funding For CHIPS & Science Act Updated On Tue, Feb 20th, 2024 by Saurenergy The US Department of Commerce recently announced $1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. GF claims to expand and create new manufacturing capacity through this investment. It estimates to expand it capabilities and securely produce more essential chips for automotive, IoT, aerospace, defense, and […] Read more
