EV Start-Ups River And OTO Raise $40 Million & $10 Million Respectively Updated On Wed, Feb 7th, 2024 by Saurenergy As the electric vehicle industry in India is finding ways to steady rise, the start-ups in the EV ecosystem are strengthening the supply chain and expanding by garnering fresh funds. In fresh developments, EV maker River and EV finance firm OTO have raised $40 million and $10 million to further their businesses River Secures $40 […] Read more
UNPEDA Issues Three Tenders For 7-MW Rooftop Solar Installations Updated On Wed, Feb 7th, 2024 by Saurenergy The Uttar Pradesh New And Renewable Energy Development Agency (UPNEDA) has released three tenders for the installation of 7 MW of grid-connected net-metered rooftop solar projects accompanied by battery backup. As far as the first tender is concerned, qualified bidders are invited to participate in the procurement process for the installation of grid-connected net-metered rooftop solar projects […] Read more
Recurrent Energy Secures $160 Mn For Solar Project, Microsoft as Customer Updated On Wed, Feb 7th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar Inc., and a global developer and owner of solar and energy storage assets, announced that it has secured $160 million in project financing for its 127 MWdc Bayou Galion Solar project, located in Northeast Louisiana. Recurrent Energy said that the project is currently under construction and is expected […] Read more
Omega Seiki, Attero Partner For Recycling 100 Mwh Of Battery In 4 Years Updated On Tue, Feb 6th, 2024 by Saurenergy EV player Omega Seiki Private Limited (OSPL) and Attero, a distinguished leader in e-waste management and lithium-ion battery recycling, have signed an MoU that marks a significant leap for the electric vehicle sector and lithium-ion battery recycling. The players have called it a landmark move for both the electric vehicle (EV) sector and e-waste management. […] Read more
Hala Mobility, Sieger Technologies Collaborate For 18,000 EV Two-Wheelers In Hyderabad Updated On Tue, Feb 6th, 2024 by Saurenergy E-Mobility-as-a-Service (E-MaaS) solutions provider Hala Mobility has partnered with lithium-ion battery producer Sieger Technologies for accelerating the establishment of EV fast charging infrastructure in Hyderabad, Telangana. Under the multi-year agreement, the focus of the two firms lies on rolling out EV fast charge/battery swap stations. Hala Mobility said that the partnership will be commencing with […] Read more
Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion Updated On Tue, Feb 6th, 2024 by Saurenergy Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […] Read more
Tata Power Solar Cross ₹ 3,500 Cr Customer Financing Bolstering Solar Adoption Updated On Mon, Feb 5th, 2024 by Saurenergy Tata Power Solar Systems Limited (TPSSL), wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has said that it has facilitated over ₹ 3,500 crore of customer financing for solar projects during the last 4.5 years. This has led Tata Power to emerge as the nation’s most preferred green energy partner which is mainstreaming the […] Read more
Waaree Renewables Technologies Wins Rs 547.5 Crore EPC Order Updated On Mon, Feb 5th, 2024 by Saurenergy Mumbai headquartered Waaree Renewable Technologies Limited (WAAREERTL) has secured a Letter of Award (LOA) as per which the company will be executing an Engineering, Procurement and Construction (EPC) work for a solar power project of 412 MWp /335 MWac. This will be executed on a turnkey basis. The EPC work order of Waaree for the […] Read more
Octopus Grabs 199-MW Solar Portfolio from Statkraft Ireland Updated On Mon, Feb 5th, 2024 by Saurenergy Octopus Renewables Infrastructure Trust (ORIT) has announced that it finalized the acquisition of four newly-built solar farms situated in close proximity to Dublin, Ireland. The four solar installations collectively boast a capacity of 199MW and were procured from Statkraft Ireland, the developer, and constructor of the projects, overseen by ORIT. With this acquisition, ORIT’s portfolio […] Read more
