Romania Gets €259 Million EU Aid for Solar Panels & Battery Production Updated On Fri, Feb 17th, 2023 by Saurenergy Europe is speeding for timely transition to clean energy to avoid climatic changes. In a key development, the European Commission has approved a EUR 259 million scheme to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels in Romania. The new funding is approved under EU State aid rules […] Read more
SolarEdge Announces 2022 Financial Results; Revenues Up By 58% Updated On Wed, Feb 15th, 2023 by Saurenergy Smart energy technology provider SolarEdge Technologies has announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022 revealing high growth in revenues. Fourth Quarter Financial Results In the last quarter, SolarEdge reported revenue of over $890 million which is up 6% from $836 million in the prior quarter and […] Read more
Himachal’s Sirmaur District to Get 100 EV Charging Stations Updated On Thu, Feb 9th, 2023 by Saurenergy The electric vehicle industry is rising and its robust expansion in near future looks imminent for multiple reasons – policy support, capacity of industries and environmental consciousness of consumers. Hence, in order to up the adoption of EVs, the Himachal Pradesh administration will be deploying 100 electric vehicle charging stations in the Sirmaur district. As […] Read more
Sunlit Power, Lucas TVS Collaborate For Supply Of 50,000 EV Motors Updated On Tue, Jan 31st, 2023 by Saurenergy Sunlit Power has announced that it has partnered with Lucas TVS and under the terms of the collaboration, it will supply 50,000 electric vehicle motors and controllers manufactured by the TVS Group firm to many industries. Sunlit Power is a storage battery manufacturer and distributor. The company manufactures the ARENQ brand of batteries. As per […] Read more
How E-Vehicles Are Contributing Towards Sustainable Development Updated On Tue, Nov 22nd, 2022 by Saurenergy By MS Chugh, Founder and Chairman, Aponyx EV With the rapid growth of environmental pollution and climate change, the need for innovative solutions and technologies has increased in several industries, including the automobile industry, since one of the primary sources of air pollution in cities is vehicle exhaust. The most significant advantage of electric vehicles […] Read more
Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion Updated On Mon, Oct 3rd, 2022 by Saurenergy Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […] Read more
China’s Hithium Launches New Energy Storage Battery Innovations at Energy Show Updated On Mon, Sep 26th, 2022 by Saurenergy Chinese battery storage manufacturer Xiamen Hithium Energy Storage Technology Co. has launched its newest offerings in battery product innovations at RE+ 2022- an energy trade show in Anaheim, USA. As one of latest two game-changing batteries, Hithium released the 300Ah Prismatic Cell tailored for electric energy storage which is capable of achieving “zero” loss in […] Read more
Denver’s Iontra Raises $38 Million Series B to Commercialise Battery Charging Platform Updated On Thu, Sep 15th, 2022 by Saurenergy Denver-based battery performance and safety technology company, Iontra, has announced the closing of its $38 million Series B financing-led by Volta Energy Technologies, with participation from Flag Group and other investors. Iontra said that it has been in stealth mode for nearly a decade and has partnered with various OEMs to commercialize its technology that […] Read more
How Auto Ancillaries are Adapting to the New Normal Updated On Tue, Aug 30th, 2022 by Saurenergy Rapid transformation in the digital space, especially following the pandemic disruptions in the adoption of new cutting-edge technologies, has also prompted the evolution of the automotive industry across the globe. In India, the auto component manufacturers have been re-shaping the industry by relentlessly chalking out strategies to expand their capacity and create skill set to […] Read more
