Log9 Materials Secures $40 Million in Fresh Funding From Amara Raja & Others Updated On Mon, Jan 23rd, 2023 by Saurenergy Last week, Bangalore based deep-tech battery start-up Log9 Materials had scooped up over $11 million in a Series B round, which was led by PTV International Ventures and participated by key investors like SiriusOne Capital and Cornerstone Ventures. Now, the startup has announced that it has raised $40 million or Rs 325 crore approximately in […] Read more
With Rising Demand, Tech Advancements, Govt Push in ’22, EV Firms Are Raring to Go in ’23 Updated On Mon, Jan 2nd, 2023 by Saurenergy To circumvent the impact of increasing oil import bills, Indian government’s policy initiatives over the last couple of years has accelerated the adoption of e-mobility. As per the Ministry of Heavy Industries estimates, in 2022, 7.47 lakh EVs were sold under the FAME-II Scheme, as compared to 2.37 Lakh sold in FY2021-22. Faster Adoption and […] Read more
SES Bets On Li-Metal Batteries For EV Future Updated On Mon, Jan 2nd, 2023 by Saurenergy Headquartered in Massachusetts, SES AI Corporation is a manufacturer and developer of Hybrid Li-Metal rechargeable batteries for electric vehicles (EV) and other applications. SES AI was founded on April 17, 2012, originally as SolidEnergy Systems. Its Li-Metal batteries combine the high energy density of Li-Metal with the cost-effective, large-scale manufacturing of conventional Li-ion batteries. SES […] Read more
SolarManufacturer CubicPV to Build 10 GW Silicon Solar Wafer Facility in USA Updated On Fri, Dec 23rd, 2022 by Saurenergy American solar manufacturer CubicPV has announced that it has planned to establish 10 GW of conventional mono wafer capacity in the United States. The objective of the firm is to fill a marked void in the silicon solar value chain and capitalise on its expertise in silicon wafer production. The planned factory will be the […] Read more
Li-ion Battery-Maker NorthVolt Aims to Build World’s Greenest Battery Cell Updated On Wed, Dec 21st, 2022 by Saurenergy Northvolt is a Sweden-based startup which develops sustainable lithium-ion batteries in conjunction with R&D, industrialisation, and recycling to support clean energy. The Li-ion battery maker was founded in 2016, with a mission to build the greenest battery in the world. The firm provides electrification and renewable energy storage designed for lithium-ion battery plants to produce […] Read more
Sympower Funding Crosses EUR 25 Mn to Help RE Expansion, Power Networks in Europe Updated On Tue, Nov 22nd, 2022 by Saurenergy The total funding of the Amsterdam-based Sympower has reached to EUR 25 million as the start-up in climate tech has received a fresh funding of EUR 3 million as the company delves in technology that helps to balance the supply and demand of electricity across networks. The start-up is expected to expand across Europe. The […] Read more
Waaree Group’s Listed Firm WRTL Income Jumps 3.5x in H1 FY23 Updated On Fri, Nov 11th, 2022 by Saurenergy Waaree Renewable Technologies Limited (WRTL) the listed EPC focused arm of India’s largest module manufacturing group, Waaree Energies, has released its results for Q2 FY23. The company has reported total income of Rs. 120.99 crores during the period ended September 30, 2022 as compared to Rs. 95.62 crores during the period ended June 30, 2022, […] Read more
PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022 Updated On Mon, Oct 31st, 2022 by Saurenergy As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […] Read more
Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times Updated On Fri, Oct 21st, 2022 by Saurenergy Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […] Read more
