Author: Saur News Bureau

Clean Energy Share In India To Rise Upto 64% By 2030: CEA Estimates 

A latest estimation report by the Central Electricity Authority (CEA) predicts a strong positive growth of renewable energy in India in the next seven years. The authority recently released its revised second version of its “optimal generation mix 2030” report. The report estimates the power scenario by 2030 in the country.  The report estimates that the […]

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EV Ride Hailing Service BluSmart Rakes Up $42M to Augment Operations

EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand fleet to 10,000  over the next year. BluSmart boasts of […]

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China’s Exports Profile Shifts To Green As Li-Ion Batteries, EVs And Solar Batteries Step Up

China, for long synonymous with cheap exports in categories like toys, apparel, home appliances and furniture has slowly but surely been changing the profile of its exports, with newer, higher value and tech intensive categories edging ahead. In fact, consumers might have already noticed that in categories like Apparel and Furniture, it is no longer […]

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Hitachi, Quanta Bag EPC Contract for 3.5 GW SunZia Project

Renewable energy players Quanta Services and Hitachi Energy have been selected by Pattern Energy Group, a firm that delves into renewable energy and transmission infrastructure, to build its SunZia transmission and wind project. This is the largest renewable project of the USA being built with $8 billion of direct capital investment. Pattern Energy held that […]

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Sunil Gupta Assumes the Role of CEO & Group CFO at Azure Power

Independent Power Producer Azure Power has appointed Sunil Gupta as its new CEO (Chief Executive Officer) and Group CFO (Chief Financial Officer). The CEO is set to join the firm on July 10, 2023. He will be replacing the acting CEO, Rupesh Agrawal. Gupta will also step into the shoes of the Managing Director of […]

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Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23

Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).  Tata Power said that its PAT rose […]

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Smart Battery Swapping Startup Esmito Partners with ElectricFuel to Offer Energy as Service

Esmito, a smart battery swapping solution provider has joined hands with ElectricFuel, a leading EV charging services  provider to roll out Energy as a Service (EaaS) platform with an aim to bring affordable, high performance battery swapping  solutions to the Indian EV market. The operations are currently being rolled out in Bangalore and Hyderabad and […]

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CERC Declines To Give Relief To ReNew Wind Energy In Gujarat ISTS Project Case

In its latest order, the Central Electricity Regulatory Commission (CERC) declined to give any relief to the ReNew Wind Energy (TN) Private Limited in a case related to its proposed 265 MW of wind project in the Bhuj district of Gujarat.  The wind energy developer had signed a Power Purchase Agreement (PPA) with the Solar Energy […]

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