Mineral Production to Rise as Demand for Green Energy Increases: World Bank Updated On Thu, May 14th, 2020 by Saurenergy A new report shows that production of certain minerals could increase by nearly 500% by 2050 to meet the growing demand for green energy technologies. A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could increase by nearly 500 percent by 2050 to meet the growing demand for green energy technologies. […] Read more
Drones Market Revenue in Power Sector to Touch $515 Mn by 2030 Updated On Wed, May 13th, 2020 by Saurenergy With the surge in adoption of technologically advance activities in the power sector such as digital transformation, remote monitoring and operational cost optimization, the market for drones in the power and utility sector will continue to expand at a compound annual growth rate (CAGR) of 23.6 percent and will reach USD 515 million by 2030, […] Read more
EV, Battery Storage to Lead Non-Power Generation Technology Investments by G20 Countries Updated On Wed, May 13th, 2020 by Saurenergy Electric vehicles (EVs) and battery storage lead in the current and planned non-power generation technology in which senior business leaders from G20 countries have invested in or are committed to investing in, as said by an international law firm. The law firm Ashurst in its new research report – Powering Change – Energy in Transition, […] Read more
Span Raises $10.2 Mn in Series A Round from Investors Updated On Tue, May 12th, 2020 by Saurenergy With an aim to boost its expansion plan, California-based Span.IO, Inc. has announced the raising of USD 10.2 million in Series A round of funding from investors. Further, this Series A round was led by ArcTern Ventures and joined by Capricorn Investment Group, Incite Ventures, along with existing investors including Congruent Ventures, Energy Foundry, Hardware […] Read more
India needs 30-fold Jump in Renewable and Nuclear Energy: Dr. Anil Kakodkar Updated On Tue, May 12th, 2020 by Saurenergy In order to make 70 percent carbon free energy, India will require a 30-fold surge in both renewable energy and nuclear energy along with doubling of thermal energy, said Dr. Anil Kakodkar. Dr. Kakodkar, a Padma Vibhushan awardee and a former Chairman of Atomic Energy Commission and Chairman of Rajiv Gandhi Science & Technology Commission, […] Read more
Uber Leads $170 Mn Investment in Electric Scooter Rental Firm Lime Updated On Fri, May 8th, 2020 by Saurenergy Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber and Alphabet Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber. Other investors include Alphabet, its venture capital arm GV, […] Read more
PV Is Entering The AI Era- Huawei Leaders Updated On Wed, May 6th, 2020 by Saurenergy A special contribution from Tony Xu, President of Huawei Ascend Computing Business and Chen Guoguang, President of Huawei Smart PV Business, on the next big thing for PV’s. Artificial Intelligence, (AI) 1 AI Enables All Industries We are entering a fully connected, intelligent world. Over the last few years, AI has become a high-frequency word, […] Read more
Importance of Using Storage with Increasing Renewable Energy Updated On Wed, May 6th, 2020 by Saurenergy Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […] Read more
Government First. Record Drop in Global Fuel Prices leads to Record Tax Hikes in India Updated On Wed, May 6th, 2020 by Saurenergy Sticking to a well worn script by now, of not allowing retail fuel prices to go below a loosely defined floor, the government of India yesterday hiked excise duty on the motor fuels by a record Rs 10 per litre on petrol and Rs 13 per litre on diesel. This is expected to help mop […] Read more
