Ather Closes Series E Fund Raise With $128 Million Round From NIIFL, SOF, Hero Moto Updated On Fri, May 13th, 2022 by Saurenergy Bengaluru based Ather Energy, a leading electric two-wheeler company in India, has confirmed the completion of its Series E round of funding with signing of investment agreements amounting to $128 million with National Investment and Infrastructure Fund Limited’s (NIIFL) Strategic Opportunities Fund (SOF), and Hero MotoCorp, a significant shareholder of Ather, and additional investors. Details […] Read more
Developing Economies Such As India Can Have Climate Resilient Energy Independence Updated On Wed, May 4th, 2022 by Saurenergy Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […] Read more
CubicPV, Waaree In Multi-Year Supply Agreement For Silicon Cells Updated On Thu, Apr 28th, 2022 by Saurenergy US solar cell manufacturer CubicPV and Waaree Energies, Ltd, a leading domestic solar module manufacturer, have announced that they have entered into a multi-year supply agreement in which CubicPV will supply, per annum, 1 GW of silicon cells to Waaree. The cells will feature wafers made with CubicPV’s innovative Direct Wafer® technology, that produces wafers […] Read more
Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden Updated On Thu, Apr 21st, 2022 by Saurenergy A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […] Read more
“European Quality Product Below Chinese Prices Is Our Edge”, Sandeep Goyal Updated On Tue, Apr 12th, 2022 by Saurenergy A thriving solar inverter market in India shadows the overall growth of solar, and is poised strongly till 2030 and beyond. Pyramid Electricals is one of those rare Indian firms that have come up the hard way in the electronics sector. With their own R&D, technocrat founders, and now, plans to scale up to large […] Read more
Greenko-Cockerill JV to build 2 GW green H2 electrolyser plant in India Updated On Tue, Apr 12th, 2022 by Saurenergy Greenko ZeroC (GZC), a subsidiary of Greenko Group, an Indian clean-tech company, and John Cockerill, a Belgium-based designer and manufacturer of high-capacity alkaline electrolyzers, have agreed to together manufacture green hydrogen electrolyzers in the Indian sub-continent. The two companies will build a hydrogen electrolyser Gigafactory targeting capacity of two gigawatts which is aimed at substituting […] Read more
Former Tesla engineer-designed battery at Bengaluru startup gets European order Updated On Mon, Apr 11th, 2022 by Saurenergy In a boost to domestic manufacturing, one of the world’s most energy dense batteries designed by a former Tesla engineer for a Bengaluru-based battery startup has been picked up by a European renewable energy company, Eren Groupe, for its storage applications, the startup’s co-founder said on Sunday. The development has opened up possibilities of use […] Read more
Renewables Face An Oil Slick Updated On Mon, Mar 28th, 2022 by Saurenergy A month after the Russian invasion of Ukraine, the geo-political crisis has taken a heavy toll on human life, Ukrainian cities and infrastructure, and of course the Russian economy. If anything, the cost of the crisis for both the countries in the weeks succeeding February 24 — the day Russia first sent its forces into […] Read more
“OEMs and freight transporters need stronger financial support”, Satyakam Arya, Daimler India CV’s Updated On Tue, Mar 22nd, 2022 by Saurenergy The BharatBenz brand, even as it becomes more visible on the roads in India, is also looked upto for the pedigree and technology access it has. To that extent, the company behind it, Daimler India Commercial Vehicles Pvt Limited (DICV),. faces a tough ask to lead the changes needed to clean up the commercial transportation […] Read more
