Sympower Funding Crosses EUR 25 Mn to Help RE Expansion, Power Networks in Europe Updated On Tue, Nov 22nd, 2022 by Saurenergy The total funding of the Amsterdam-based Sympower has reached to EUR 25 million as the start-up in climate tech has received a fresh funding of EUR 3 million as the company delves in technology that helps to balance the supply and demand of electricity across networks. The start-up is expected to expand across Europe. The […] Read more
HDFC Bank to Make Significant Investments in EV Loans Updated On Tue, Nov 22nd, 2022 by Saurenergy Despite certain setbacks on the level of the auto industry, HDFC Bank is seeking to triple its financing for electric vehicle (EV) purchases in the next three years. This is due to an early assessment that lending is proving to be profitable. The banking institution aims to triple the ebook dimension by 2025 after initially […] Read more
CERC Quashes Avaada’s Plea for Extension of LTA Operationalisation Date Updated On Tue, Nov 22nd, 2022 by Saurenergy The Petitioners, Avaada Energy Private Limited (AEPL) and Avaada Sustainable RJ Project Private Limited (ASRJPPL), Petitioner have filed petitions against Central Transmission Utility of India Limited (CTUIL) to extend the start date of Long Term Access (LTA) granted to AEPL from 23.8.2021 to 12.5.2022. AEPL has stated that as per its letter dated 10.1.2022, it […] Read more
Ahmedabad’s Matter Energy Unveils Geared Electric Motorcycle Updated On Tue, Nov 22nd, 2022 by Saurenergy A geared electric motorcycle was unveiled by Matter Energy, an Ahmedabad-based provider of integrated energy solutions. Orders will soon be accepted, and delivery will start in April 2023. For the geared electric motorcycle, the firm has great hopes. In addition to exporting to markets in Asia, Africa, and Latin America, it intends to open 200 […] Read more
Innovative Battery Tech Startup Clean Electric Raises $2.2mn Led by Kalaari Capital Updated On Tue, Nov 22nd, 2022 by Saurenergy Clean Electric, an innovative energy storage solutions start-up, raises $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital company with offices in Bengaluru. Additionally taking part in the round were Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Intense safety and performance problems for EVs such as battery […] Read more
300 MW Solar Power Projects Planned By Punjab Govt Updated On Tue, Nov 22nd, 2022 by Saurenergy The state of Punjab’s administration has decided to put in place 300 MW worth of photovoltaic (PV) solar power installations. According to an official statement outlining the decision made at a high-level conference held recently, these projects comprise 100 MW floating solar PV power projects on reservoirs and lakes and 200 MW canal-top solar PV […] Read more
SECI Opens Up Bidding For Rs 19,500 Crore Solar PLI Updated On Mon, Nov 21st, 2022 by Saurenergy Read more
RGreen Infuses EUR 250 million in Israel’s Econergy Renewable Updated On Mon, Nov 21st, 2022 by Saurenergy RGreen Invest, the French Asset Manager, has announced that it has taken its partnership with Israel-based Econergy Renewable Energy further with an additional EUR 87.5 million investment. In total, RGreen is investing EUR 250 million in Econergy. The additional capital will be invested in the form of equity that will help Econergy to swell its RE projects’ […] Read more
BHEL Invites Bids for O&M Services for 40 MW Solar Plant At Tamilnadu Updated On Mon, Nov 21st, 2022 by Saurenergy Bharat Heavy Electricals Limited (BHEL) has invited bids for Operations and Maintenance (O&M services) work of the 40 MW solar power plant of NLC at Neyveli, Cuddalore District, Tamilnadu. The last date for submitting the bid of this Bharat Heavy Electricals Limited (BHEL) O&M tender is November 29, 2022, till 04:00 pm and the bid […] Read more