Battery Smart Raises $25 Million Funding Led by Tiger Global Updated On Tue, Jun 28th, 2022 by Saurenergy Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global. Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […] Read more
OX2 Looks To Construct 5.5 GW Offshore Wind Farm Off Sweden Updated On Tue, Jun 28th, 2022 by Saurenergy Global renewable energy developer OX2 has announced that it has submitted a permit application under the law that deals with Sweden’s Exclusive Economic Zone for the construction of an offshore wind farm. The project called Aurora will come up between the islands of Gotland and Oland. Sweden is aiming to double its renewable energy capacity […] Read more
160 GWh Of Energy Storage Needed To Meet India’s 2030 RE Target: IESA Updated On Tue, Jun 28th, 2022 by Saurenergy The India Energy Storage Alliance (IESA) has recently brought out a report VISION 2030 that projects India will need at least 160 GWh of energy storage by 2030 in order to integrate the targeted 500 GW of non-fossil fuel energy onto its networks. This energy storage capacity has been calculated as aggregate of front-of-the-meter grid-scale […] Read more
LG Electronics Acquires AppleMango, Forays into EV Charging Business Updated On Mon, Jun 27th, 2022 by Saurenergy LG Electronics announced on June 26 its foray into the EV charging solutions business by acquiring fellow South Korean EV charging firm AppleMango amid a global electrification push. About 60 per cent stake in AppleMango was bought by the Korean electronics major for an unspecified amount, with GS Energy and GS Neotek taking over 34 […] Read more
China’s CATL Launches Battery With 1000 km Range On A Single Charge Updated On Mon, Jun 27th, 2022 by Saurenergy Leading battery manufacturer, Contemporary Amperex Technology Co Ltd (CATL) has launched its Qilin battery technology which has a volume utilization efficiency of 72% and an energy density of up to 255 Wh/kg. CATL claims that it has recorded the highest integration level worldwide so far by delivering a range of over 1,000 km . The […] Read more
Sungrow Leads the Inverter Race Globally After Shipping 47.1 GW Products in 2021 Updated On Mon, Jun 27th, 2022 by Saurenergy China-based Solar Inverter manufacturer, Sungrow shipped 47.1 GW of products in 2021 to become the global leader. Not only that, but they also expanded their production facilities across Asia in 2021. Sungrow has a 10 GW manufacturing facility in Bengaluru, that was recently expanded, besides another 10 GW plant in Thailand. The top 10 global […] Read more
Siemens Gamesa, Doosan Enerbility Sign Strategic MoU For Korean Offshore Wind Updated On Mon, Jun 27th, 2022 by Saurenergy Global renewable energy player Siemens Gamesa has announced that it has signed a MOU with Doosan Enerbility to investigate strategic cooperation within offshore wind power activities on several Korea-focused fronts. They are related to collaboration on large-scale offshore wind turbines, sharing of major services including construction of new Korean production facilities, the supply of wind […] Read more
Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
World’s First Open CO2 Transportation Using ABB Technology Updated On Fri, Jun 24th, 2022 by Saurenergy For the primary electrical, automation, and safety systems for Norway’s Northern Lights project, engineering, procurement, and construction (EPC) company Aker Solutions has hired ABB Technology . Northern Lights is a first-of-its-kind project from enterprises across Europe to safely store CO2 (CO2 Transportation). In this project, Northern Lights is creating an open and adaptable infrastructure to […] Read more
