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
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
Major Japan railway now powered only by renewable energy Updated On Wed, Apr 27th, 2022 by Saurenergy Shibuya in Tokyo, Japan, is famed for its Scramble Crossing, where crowds of people crisscross the intersection in a scene symbolizing urban Japan’s congestion and anonymity. It may have added another boasting right. Tokyu Railways’ trains running through Shibuya and other stations were switched to power generated only by solar and other renewable sources starting […] Read more
5 Upcoming Trends that will dominate the power sector in the new fiscal Updated On Mon, Apr 25th, 2022 by Saurenergy The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […] 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
Fire incidents Compel Ola and Pure EV to recall thousands of e-scooters Updated On Mon, Apr 25th, 2022 by Saurenergy The fire incidents in electric vehicles across the country is pushing the electric vehicle manufacturers to recall their EVs as their goodwill stares at a decline. The central government has also formed a panel to examine if the OEMs were negligent in manufacturing the electric vehicles. Now Pure EV and Ola Electric have recalled thousands […] 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
Log9 Materials Commissions Cell Manufacturing Facility At Bengaluru Updated On Fri, Apr 22nd, 2022 by Saurenergy Bengaluru-headquartered advanced battery-technology and deep-technology startup Log9 Materials has started India’s first indigenously-developed cell manufacturing facility at Log9 campus, Jakkuru, Bengaluru. Making cells indigenously is a key target for the country’s self reliance plans and to meet future electric mobility goals. This state-of-the-art cell manufacturing facility built by Log9 is going to be South East […] Read more
