Zypp Electric Lands $25m Series B Round Updated On Thu, Feb 9th, 2023 by Saurenergy B2B delivery and shared mobility startup, Zypp Electric has raised $25 million in a Series B round led by Taiwan-based battery-swapping platform Gogoro. This is the first funding round for the Gurgaon-based company in 2023. The fundraise is a mix of $20 million equity and $5 million of debt funding. The round also saw participation […] Read more
Vestas Claims An Answer To Recycle All Wind Turbine Blades Updated On Thu, Feb 9th, 2023 by Saurenergy Wind turbines have become a crucial component in the fight against climate change, but what happens to the massive blades at the end of their lifespan? Landfills were the only answer, until now. Vestas Wind Systems is claiming a game-changing chemical process that it says could eliminate the need for landfill disposal and transform used […] Read more
EV Scooter Maker Simple Energy Raises $20 Mn in Bridge Round Updated On Wed, Feb 8th, 2023 by Saurenergy Read more
PHED Invites Bids for Solarization of WBSEDCL-Energized Pumping Installation at West Bengal Updated On Wed, Feb 8th, 2023 by Saurenergy The Public Health Engineering Department has floated a tender and invited bids for the solarization of West Bengal State Electricity Distribution Company Limited (WBSEDCL) energized pumping installation at Jhargram, West Bengal. The bid opening date is 27.02.2023 at 2:00 PM. The bid submission end date is 24.02.2023 at 3:00 PM. The estimated cost is Rs […] Read more
India Energy Week: Important Announcements, Intriguing Innovations Updated On Wed, Feb 8th, 2023 by Saurenergy On the platform of the ongoing Indian Energy Week, held at Karnataka, several key announcements have been made and intriguing innovations have been unveiled. Here is a recap of them- “Karnataka has highest number of EV; is highest RE manufacturer” Karnataka Chief Minister Bommai has said that Karnataka has 15,000 MW worth of in-stand renewable […] Read more
Dharamshala Roads Gear up for 15 E-Buses Updated On Wed, Feb 8th, 2023 by Saurenergy Close on the heels of Srinagar and Jammu announcing the introduction of 200 electric buses, Dharamshala has announced a similar initiative. Dharamshala roads will soon welcome 15 e-buses. This announcement comes as part of its smart city project, which is said to have gathered momentum following this news. This is a pilot project developed between […] Read more
Solar Energy Prices Soar 60% In Europe As Wind Availability Dropped in Q4 Updated On Wed, Feb 8th, 2023 by Saurenergy A new report from LevelTen Energy has revealed that high development costs and an unstable regulatory environment has caused an 11,4% jump in European solar PPA prices in the fourth quarter of 2022. The report also mentions that solar PPA prices reached €76.84 per MWh, representing a 60% year-over-year increase. LevelTen Energy is a renewable […] Read more
Longroad Announces Financial Close On & Begins Construction of 202 MW Umbriel Solar Project Updated On Wed, Feb 8th, 2023 by Saurenergy American renewable energy player Longroad Energy has announced the financial close of Umbriel Solar which is a 202 MWdc (150 MWac) solar PV project in Polk County, Texas. The firm said that the construction of the solar project has also commenced. Umbriel is sixth greenfield RE project of Longroad in Texas to reach financial close […] Read more
MERC Rejects Textile Firm’s Plea for CUF Waiver, PPA Amendment Updated On Wed, Feb 8th, 2023 by Saurenergy MERC (Maharashtra State Regulatory Commission) has quashed a petition filed by Sarla Performance Fibers Ltd. (SPFL) looking for removal of a penalty of Rs.1,14,00,000 (for FY 2019-2020 and 2020-2021) on it on a Power Purchase Agreement (PPA) on a wind power project with the state electric power distribution company MSEDCL. The firm was also hoping […] Read more
