MyPickup Raises Rs 1.5cr In Seed Round Led By Inflection Point Ventures Updated On Thu, Jul 18th, 2024 by Saurenergy Urban Transit Service Povider Startup MyPickup has raised Rs 1.5 crore in Seed Round led by Inflection Point Ventures. This investment comes as part of IPV’s initiative to support early-stage ideas with high potential for innovation and impact. Through IPV Ideaschool, startups receive funding, mentorship, and resources to transform their ideas into viable products. The […] Read more
Impose Carbon Tax In India To Handle CBAM Issue: CSE Updated On Thu, Jul 18th, 2024 by Saurenergy A new report from New Delhi-based think tank Center for Science and Environment (CSE) said that the developing countries might consider imposing carbon tax and other measures on their own to tackle the issue of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM). This comes at a time when the EU has planned to […] Read more
11% Of Indian Module Capacity With ALMM Is TOPCon Production Updated On Thu, Jul 18th, 2024 by Saurenergy The latest Approved List of Models and Manufacturers (ALMM) for solar module makers in India revealed that several enlisted companies have now added new TOPCOn technology production lines. This is in addition to the production lines for mono-PERC which has now dominated the Indian solar market and the phasing out of redundant polycrystalline technology. A […] Read more
GUVNL Floats Tender For 500 MW Wind Project With GreenShoe Option Updated On Wed, Jul 17th, 2024 by Saurenergy The Gujarat Urja Vikas Nigam Ltd. (GUVNL) today issued a tender for a 500 MW wind power project, with an additional 500 MW green shoe option. The last date for the tender submission is August 14. The tender document said that the bidders can choose the locations anywhere in India. “The Projects shall be located […] Read more
ADB Approves Support for Rooftop Solar Systems in India Updated On Wed, Jul 17th, 2024 by Saurenergy The Asian Development Bank (ADB) has approved $240.5 million in loans to finance rooftop solar systems in India that will help the government expand energy access using renewable energy. The financing will support tranches 2 and 3 of the Multitranche Financing Facility (MFF) Solar Rooftop Investment Program approved by ADB in 2016. The program was restructured in […] Read more
Rajasthan Set To Bring Guidelines To Expedite PSP Growth Updated On Wed, Jul 17th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest order has allowed extension of time period for the state government authorities to frame guidelines for the growth of Pumped Storage Projects (PSPs) in the state. The order came to the fore when RVUNL (Rajasthan Urja Vikas Nigam Limited) & IT Service Limited moved the State […] Read more
Indian EV Sector Needs Rs 1,151cr To Flourish, Says Report Updated On Wed, Jul 17th, 2024 by Saurenergy Principal Scientific Adviser to the Government of India, Ajay Kumar Sood, released a report for building a comprehensive roadmap that outlines research projects in four crucial areas. These areas are energy storage cells, electric vehicles (EV) aggregates, materials and recycling, and charging and refueling. It provided pathways for India to achieve leadership and self-reliance in […] Read more
Roadcast, AMU Partner To Build GPS-Enabled EV Leasing Updated On Wed, Jul 17th, 2024 by Saurenergy Roadcast, recently entered into a partnership with Accelerated Money for U (AMU) to implement Roadcast’s GPS technology in e-rickshaws. They collaborated to make EV leasing more accessible and risk-free. This partnership between Roadcast a SaaS-based logistics automation platform in India, and Accelerated Money for U (AMU), a non-banking financial company (NBFC), aims to finance electric […] Read more
Hartek Secures 765kV Projects From PGCIL In Indore, Kurnool Updated On Wed, Jul 17th, 2024 by Saurenergy Hartek Group has secured multiple 765kV projects from the Power Grid Corporation of India Ltd. (PGCIL). The key orders include supplying and commissioning high-voltage transmission projects at Indore and Kurnool. These projects can help to enhance power system reliability and boost transmission capacity to power-deficit regions. With large power generation projects expected until 2030, these […] Read more
