Global Battery Deployment Surges 15%, BESS Gains 55% Updated On Tue, Mar 4th, 2025 by Saurenergy 2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […] Read more
Clean Energy Financing: Are We Investing Enough? Updated On Wed, Feb 12th, 2025 by Saurenergy Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […] Read more
5 Reasons Why BESS Will Be a Focal Point of Energy Business in 2025 Updated On Wed, Feb 5th, 2025 by Saurenergy Battery Energy Storage Systems (BESS) are a very crucial component of the renewable future that the world envisions. Recent years saw a tremendous increase in renewable energy and with it energy storage solutions, like BESS, emerged as a missing piece of the puzzle in competition against fossil-based power to dominate the energy sector. As a […] Read more
Global Energy Transition Investments Exceed $2Tn: BloombergNEF Updated On Mon, Feb 3rd, 2025 by Saurenergy BloombergNEF’s annual report found that low-carbon energy transition investment grew by 11% worldwide, reaching a record $2.1 trillion in 2024. According to the Energy Transition Investment Trends 2025 report, this growth was driven by electrified transport, renewable energy, and power grids. The report revealed that all these sectors reached new highs last year, along with […] Read more
SEIA Envisions To Install 700 GWh ESS Across US By 2030 Updated On Thu, Jan 30th, 2025 by Saurenergy US solar body Solar Energy Industries Association (SEIA) has unveiled a target for the U.S. to deploy 10 million distributed storage installations and reach 700 gigawatt-hours (GWh). These targets are part of a new whitepaper that analyzes the economic and energy security imperative of the storage sector. SEIA has also set sub-targets for residential, community, […] Read more
IESA Projects $500M Investments in 2025 For Battery, Mobility Startups Updated On Thu, Jan 23rd, 2025 by Saurenergy The India Energy Storage Alliance (IESA) recently organized the Start-Up Connect program during the Bharat Battery Show, part of the Bharat Mobility Global Expo 2025. IESA projects that the industry will attract over $500 million in investments within a year. Several startups, including Polyprotic, Scharge, bridge green UpCycle, Zero footprint, Neuron Energy, Calton Energy, Qmax […] Read more
Maharashtra: Blue Energy To Set up 30,000 E-Truck Manufacturing Plant Updated On Wed, Jan 22nd, 2025 by Saurenergy Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Maharashtra government at the World Economic Forum in Davos. The MoU paves the way for Blue Energy Motors Ltd.’s proposed investment in the state, with plans to manufacture 30,000 electric trucks to foster industrial growth and significantly enhance the region’s EV truck manufacturing […] Read more
Exicom Optimistic For Its Integrated BESS & Charger Unit Updated On Mon, Jan 20th, 2025 by Saurenergy Exicom, a leading Electric Vehicle (EV) charging and critical power solutions company, is optimistic about its integrated Battery Energy Storage System (BESS) and charging pump offering. The company recently showcased its new integrated system design at the Bharat Mobility Expo. Top management told Saur Energy that the unit can seamlessly connect with both off-grid solar […] Read more
Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge Updated On Thu, Jan 9th, 2025 by Saurenergy Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […] Read more