Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more
Record US $14.5 b Investment In Indian RE In Last FY Updated On Mon, Jun 13th, 2022 by Saurenergy A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […] Read more
Siemens invests in WiTricity to advance wireless EV charging Updated On Fri, Jun 10th, 2022 by Saurenergy US-based wireless charging technology company WiTricity has announced that Siemens invests $25 million and acquired a minority stake in it. The official statement holds that Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging as this market is expected to reach $2 billion by 2028 in Europe […] Read more
Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform Updated On Fri, Jun 10th, 2022 by Saurenergy Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […] Read more
Swedish Car-maker Polestar Delivering 65,000 EVs to Hertz Updated On Fri, Jun 10th, 2022 by Saurenergy Swedish electric car manufacturer, Polestar has announced that it has begun delivering new Polestar 2 electric cars to car rental major Hertz as per the earlier signed agreement. The official statement held that Polestar will supply the global car rental giant with 65,000 cars over the next five years. The deal between Polestar and Hertz […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more
Focus On Policy Reforms At RenewX Hyderabad This Year Updated On Mon, Jun 6th, 2022 by Saurenergy As the 6thedition of RenewX, a two-day Renewable Energy trade expo scheduled on June 10 and 11, 2022 at the Hitex, Hyderabad comes around, for organiser Informa Markets, it’s time to put the spotlight on policy reforms. Seen as the biggest renewable energy event in South India, RenewX 2022 expo and conference will convene business, policy and finance experts from across […] Read more
Report Calls Upon Discoms To Put In Place Consumer Centric DR Strategy Updated On Fri, Jun 3rd, 2022 by Saurenergy Alliance for an Energy-Efficient Economy (AEEE) and AutoGrid released on June 2 a report highlighting the wide range of possibilities offered by Demand Response (DR) that can effectively help electricity distribution companies (DISCOMs) handle their increasing future electricity demand while still operating reliably towards a greener grid. Titled Roadmap for Demand Flexibility in India, the […] Read more
Engie, Google Cloud To Seek More Efficient Wind Energy Through AI Based Solutions Updated On Fri, Jun 3rd, 2022 by Saurenergy In a fresh development French utility Engie has signed a partnership with Google Cloud for the development of an Artificial Intelligence (AI) based energy solution to optimize the value of wind portfolio of Engie on the short term power markets. As per the official statement, Engie and Google Cloud’s AI Services and Industry Solutions (AIIS) […] Read more
