Author: Saur News Bureau

MG Motor to Launch New EV in India for ₹10-15 lakhs by Next Fiscal

MG Motor India will drive in an electric vehicle priced between Rs 10-15 lakh by the end of the next fiscal to rev up its play in the country’s electric mobility space, said an official statement. The company, which currently sells electric SUV ZS EV, will launch an electric crossover vehicle based on a global […]

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Simple Energy to Invest ₹2500 cr to Build Electric 2w Facility in Tamil Nadu

Simple Energy, a manufacturer of electric scooters, has signed a memorandum of understanding (MoU) with the Tamil Nadu government to invest up to ₹2,500 crore to build the largest electric two-wheeler plant in Dharmapuri – a city in the western part of the state. The first plant of 2 lakh square feet is being constructed […]

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MoP Approves 23 New ISTS Projects Worth ₹15,893 cr

The Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) has approved 23 new Inter State Transmission System (ISTS) projects with an estimated cost of Rs 15,893 crore. The new ISTS projects comprise 13 projects with an estimated cost of Rs 14,766 to be developed under Tariff Based Competitive Bidding (TBCB) […]

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EV Firm Matter to Invest ₹1,500 Cr in E-mobility & Storage in Gujarat

On the back of a growing demand and a potential ramp up in its operations, Ahmedabad-based electric mobility and energy storage solutions start-up Matter is planning to roll out its first electric two-wheeler in first half of 2022, according to media reports. As part of its production and roll-out plans, the company has signed a […]

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CREDA Seeks Bids to Empanel Vendors for l kWp-500kWp Solar Projects

Chhattisgarh State Renewable Energy Development Agency (CREDA) has issued a new tender, inviting online bids to empanel vendors for the development of l kWp to 500kWp rooftop solar projects for residential use in the state. The deadline for the submission of online bid (technical + e-price bid) is January 5, 2022, at 5 PM. Submissions […]

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Energy Major BP Acquires US EV Charging Provider Amply Power

Energy giant BP has acquired Amply Power, an electric vehicle (EV) charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles. By 2030, BP aims to nearly double earnings from its global convenience and mobility businesses – increasing from around $5 billion in 2019 – while delivering […]

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Jharkhand Farmers to use Solar Lift Irrigation to avoid Costly Diesel Pumps

Renewable energy based lift irrigation schemes will prove to be a game-changer for the agriculture sector in Jharkhand, a top official said, according to recent media reports. Lift irrigation is a mode of irrigation which involves transporting water against the gravity with the help of pumps or surge pools and transported to the location where […]

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US Firm AES Unveils New Solar Installation Robot

AES Corporation has launched Atlas, a new solar installation robot. “Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities,” said the company. Atlas was designed by AES through a multi-year innovation process and built in cooperation with Calvary Robotics and other third parties. […]

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KKR Launches New RE Platform ‘Stellar Renewable Power’

Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […]

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