IEX Power Market Update July 2022: 13% YoY Decline For Green Market Updated On Thu, Aug 4th, 2022 by Saurenergy As per its market update for July 2022 released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. India’s premier energy exchange has recorded […] Read more
Setting Up a Battery Manufacturing Plant: The Factors That Matter Updated On Thu, Aug 4th, 2022 by Saurenergy Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […] Read more
Nexeon Raises $200 Million To Fund Battery Materials Manufacturing Updated On Thu, Aug 4th, 2022 by Saurenergy Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January. $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […] Read more
The First Factory Of NIO In Europe Will Commence Operation Soon Updated On Thu, Aug 4th, 2022 by Saurenergy Chinese EV startup NIO has said that its first factory in Europe will be operational in September, 2022. There will be no manufacturing of cars in the new facility. The joint announcement was made by Peter Szijjarto, Minister of Hungarian Foreign Affairs and Trade, and Hui Zhang, Vice President of NIO Europe Office in Budapest, […] Read more
Tata Power Green Commissions 225 MW Project in Rajasthan Updated On Wed, Aug 3rd, 2022 by Saurenergy Tata Power Green Energy Limited (TPGEL), a wholly-owned subsidiary of Tata Power, has commissioned a 225MW Hybrid power project in Rajasthan. under a Power Purchase Agreement (PPA). The hybrid solar project’s generating power will be supplied to Tata Power, Mumbai Power Distribution. This PPA will be valid for 25 years in order to fulfill its […] Read more
Apollo Tyres Launches Electric Vehicle Specific Tyres Updated On Wed, Aug 3rd, 2022 by Saurenergy Leading tyre manufacturer, Apollo Tyres has announced that it has launched specific tyres for electric vehicles for both passenger vehicles and two-wheelers. The company has introduced Apollo Amperion range of tyres for the PV segment while the Apollo WAV range for the two-wheelers, have been added to the Indian market. Apollo claims that Amperion has […] Read more
Aurora Hydrogen Raises $10 Million To Develop Hydrogen Technology Updated On Wed, Aug 3rd, 2022 by Saurenergy Green hydrogen production technology developer Aurora Hydrogen has declared raising $10M in Series A funding led by Energy Innovation Capital. The participating investors included Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. The official announcement of Aurora stated that this funding adds to additional funding by the Natural Sciences and Engineering […] Read more
e-Rise Enters Indian Electric Vehicles Market; Produce 30,000 Units A Year Updated On Tue, Aug 2nd, 2022 by Saurenergy Electric vehicle manufacturer eRise – Drive Electric has announced its entry into the Indian markets. eRise makes long range, high performance electric two-wheelers built specifically for Indian road conditions. It’s the automotive arm of KL Group. eRise intends to launch three low speed electric scooters immediately and two high speed vehicles in the coming 3 […] Read more
HOP Electric Receives Strong Response Before Commercial Launch Updated On Tue, Aug 2nd, 2022 by Saurenergy Jaipur-based electric vehicle ecosystem company, HOP Electric claim that they have received a strong response for its HOP OXO high-speed electric bike . The bike is being released in August only. The first production batch’s pre-order window briefly opened for dealer partners of HOP Electric Mobility. HOP electric claims that even before the product’s official […] Read more
