EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025 Updated On Mon, Feb 22nd, 2021 by Saurenergy Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […] Read more
Hydrogen Rolling With $300 Billion Commitment To Projects by 2030 Updated On Mon, Feb 22nd, 2021 by Saurenergy The Hydrogen Council, a global CEO-led initiative of 92 leading energy, transport, industry, and investment companies with a vision to develop the hydrogen economy has released a report titled, ‘Hydrogen Insights 2021: A Perspective on Hydrogen Investment, Deployment, and Cost Competitiveness’. The report, made by Mckinsey and Co, highlights the rapid acceleration of hydrogen projects […] Read more
Torrent Power Bids Rs 555 Cr to Take 51% in D&N Haveli, Daman & Diu Discoms Updated On Mon, Feb 22nd, 2021 by Saurenergy Torrent Power has emerged as the highest bidder for the sale of 51 percent stake in Discoms in the UT of Dadra & Nagar Haveli and Daman & Diu Torrent Power, the Rs 13,641 crore integrated power utility of the Torrent Group has announced that it has emerged as the highest bidder for the sale […] Read more
Amara Raja Opens Tech-hub for Lithium-ion Cells in Tirupati Updated On Mon, Feb 22nd, 2021 by Saurenergy Amara Raja Batteries has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. Amara Raja Batteries, a leading automotive battery manufacturer in India has announced that it has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in the state of Andhra […] Read more
Hyundai Signs MoU for EV Battery Leasing Business, Strengthening EV Ecosystem Updated On Sat, Feb 20th, 2021 by Saurenergy South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […] Read more
Iberdrola & Lexus to Offer Comprehensive EV Charging Network to Customers Updated On Fri, Feb 19th, 2021 by Saurenergy Iberdrola and Lexus are joining forces to achieve more sustainable mobility and move forward together in the electrification of transport. Iberdrola becomes the charging supplier for Lexus electric models in Spain, specifically for the new UX 300e, the first 100% electric vehicle from Lexus. In collaboration with Iberdrola, Lexus will install a home charging point […] Read more
Renewed US-India Climate Cooperation Should Focus on Driving Foreign Investment to India’s Green Transition Updated On Fri, Feb 19th, 2021 by Saurenergy The United States (US) and India should work together to encourage greater foreign institutional investment in India’s green transition in order to help further progress the global effort to combat climate change, according to a new report from the Center for American Progress and India’s Council on Energy, Environment and Water. The report recommends that […] Read more
TruSpin Announces Breakthrough in Lithium-ion Battery Technology Updated On Fri, Feb 19th, 2021 by Saurenergy Third-party tests have validated that the use of TruSpin silicon nanofibers reliably multiplies the energy capacity of Lithium-ion batteries. TruSpin Nanomaterial Innovation, an advanced materials company engaged in battery technology, has announced the positive results of third-party tests evaluating the performance of the company’s prototype batteries. The tests, conducted by SpectraPower, validate the use of TruSpin’s […] Read more
Iberdrola Planning 300 MW Floating Offshore Wind Farm in Spain Updated On Wed, Feb 17th, 2021 by Saurenergy Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, allocating more than EUR 1 billion. Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, to which it would allocate more than EUR 1 billion of investment to commission 300 MW of clean energy […] Read more
