IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline Updated On Thu, Apr 28th, 2022 by Saurenergy India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are: (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […] Read more
Here’s How Taiwan’s Gogoro Leads With Innovation In Electric Two-wheeler Industry Updated On Thu, Apr 28th, 2022 by Saurenergy Based in Taipei (Taiwan), Gogoro is a two-wheeled electric vehicle and battery swapping infrastructure manufacturer. It offers a range of smart electric two-wheelers that feature cloud connectivity and an electric powertrain – gathering, analysing, and sharing riding data through a mobile application on the rider’s smartphone. Summing it up, Gogoro is an innovation leader in […] Read more
Tata Motors will supply 5000 electric vehicles to Lithium Urban Technologies Updated On Wed, Apr 27th, 2022 by Saurenergy Tata Motors has agreed with Bengaluru-based and Eversource Capital owned Lithium Urban Technologies which will deploy 5000 Xpres T Electric Sedans throughout India for the transportation of employees. Lithium Urban Technologies provides urban transportation services but only with electric vehicles. Tata Motors has informed that the deliveries of the electric vehicles will be done in […] Read more
Dependence on Lithium A Speed Breaker For EV Transition Updated On Tue, Apr 26th, 2022 by Saurenergy Lithium supply chain risks are wrecking plans for the expansion of EVs as well as large storage. Among its other uses in renewable technology, lithium is a key element in electric car batteries. Electric car sales are at an all-time high, with companies including Tesla, Volkswagen, and Mercedes posting record shipments in the first three months of […] Read more
Could Priority Sector Lending Status For Electric Mobility Charge Up Adoption ? Updated On Mon, Apr 25th, 2022 by Saurenergy The electric vehicles have a long way to go to lead the mobility sector in India. One of the major points of delay is the finance for the industry. NITI Aayog, Rocky Mountain Institute (RMI), and RMI India released a report in January 2022, titled Banking on Electric Vehicles in India. The report surfaces the need […] Read more
IESA supports UN’s low carbon tech innovation challenge’22 Updated On Mon, Apr 25th, 2022 by Saurenergy The United Nations Industrial Development Organization (UNIDO) Regional Office in New Delhi has announced the launch of 5th Innovation Challenge on Innovative Low Carbon Technologies. Applications will be accepted until 31st May 2022. The Innovation Challenge is conducted under the Facility for Low Carbon Technology Deployment (FLCTD; https://www.low-carbon-innovation.org/), which is jointly implemented by UNIDO and […] Read more
E-mobility in Visakhapatnam, Tirupati gets BEE push Updated On Mon, Apr 25th, 2022 by Saurenergy The Union power ministry-led Bureau of Energy Efficiency has given its consent to the Andhra Pradesh energy department to retrofit existing engines of 200 auto rickshaws in Tirupati and 100 in Visakhapatnam with electric kits and swappable batteries. As a pilot project, three internal combustion engine autos were converted to electric in Tirupati and have […] Read more
Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
Ahmedabad based Tirex Transmission Secures funding of $2 Million Updated On Fri, Apr 22nd, 2022 by Saurenergy TIREX Transmission, a firm focused on EV charger manufacturing has announced the infusion of $2million from an ultra HNI investor. This $2 million funding will fuel Tirex Transmisson Private Limited’s Growth and R&D efforts for international markets where USA is the first country of focus. Founded by Sanskar Patel, Tirex Transmisson Private Limited started its […] Read more
