BattRE Surpasses ₹100 Cr Revenue, Maintains Profitability Updated On Tue, Mar 25th, 2025 by Saurenergy Electric two-wheeler manufacturer BattRE is back on a growth trajectory, reporting an 18% increase in FY24, compared to a 6% decline in FY23. However, its profit remained unchanged during the last fiscal year. BattRE’s revenue from operations increased to Rs 102.5 crore in FY24 from Rs 87 crore in FY23, according to its financial statement […] Read more
PURE Enters ESS Market With The Launch Of PuREPower Updated On Tue, Mar 25th, 2025 by Saurenergy PURE, an electric mobility and clean energy innovation provider, launched PuREPower, an energy storage product line. PuREPower envisions fulfilling energy needs across segments through PuREPower Home, PuREPower Commercial, and the upcoming PuREPower Grid— which is designed to address the need for reliable, scalable, and sustainable energy storage products. Set to launch in CY 2026, PuREPower […] Read more
ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
Green Stocks March 25: Stocks Swoon With Broader Market Updated On Tue, Mar 25th, 2025 by Saurenergy With reasons as varied as a run-up that was too fast, too soon, to the Trump deadline on April 2 for tariffs, the markets, and our green energy packs took a breath today, correcting after the sharp run-up since last week. Among the big losers was Solar Pump maker Shakti Pumps, besides developers NTPC Green, […] Read more
RBI Extends Priority Sector Lending For RE Projects Upto Rs 35cr Updated On Tue, Mar 25th, 2025 by Saurenergy The Reserve Bank of India (RBI) has now extended funding for renewable projects in the country up to 35 crore under the Priority Sector Lending. The central bank regulator has now issued revised guidelines on Priority Sector Lending (PSL) after a comprehensive review of existing provisions, incorporating feedback from stakeholders. The revised funding is estimated […] Read more
India Sees Second Largest Rise In Energy Demand Globally: IEA Updated On Tue, Mar 25th, 2025 by Saurenergy A recent report by the International Energy Agency (IEA) highlights that India has become the second-largest contributor to the rise in global energy demand. The report states that India’s energy demand increase surpassed the combined growth of all advanced economies. This comes as global energy demand grew by 2.2% in 2024, exceeding the average growth […] Read more
IIT Madras Unveils EV Labs To Advance Battery & Charging Tech Updated On Tue, Mar 25th, 2025 by Saurenergy The Indian Institute of Technology, Madras (IIT Madras) has launched ‘Zero e-mission,’ a comprehensive set of e-mobility initiatives spanning various domains, including Education, Skilling, Research, Policy, Outreach, and Safety. Led by the Department of Engineering Design at IIT Madras, these initiatives aim to foster strong industry collaborations to accelerate India’s EV transition. The initiatives launched […] Read more
Telangana Discovers BESS Tariff At ₹2.40 Lac/MW/Month Updated On Tue, Mar 25th, 2025 by Saurenergy Telangana has awarded its 500 MWh with a standalone Battery Energy Storage System (BESS) project tender at a tariff in the range of Rs. 2.40-2.45 lakh/MW/month. This is one of the first tenders released by Telangana Genco (TGGENCO) for a 500 MWh (250 MW x 2 hours) project. TGGENCO issued the tender with Viability Gap […] Read more
Green Stocks March 24: Waaree RTL Gets Wings! Updated On Mon, Mar 24th, 2025 by Saurenergy As the markets soared for the fifth consecutive day, the Indian markets finally moved to green territory for the year 2025. Making the most of it was a somewhat unexpected green stock today Waaree Renewable Technologies Limited (Waaree RTL), which spiked over 10%. Waaree of course has been one of the biggest losers ever since […] Read more
