Rockefeller Foundation, Ikea and Bezos Fund Backed GEAPP Launches India Plans Updated On Fri, May 5th, 2023 by Saurenergy In a significant fillip to the energy transition movement, GEAPP or the Global Energy Alliance for People and Planet has finally launched its India operations. Backed by heavyweights including the Rockefeller Foundation, Ikea Foundation and Amazon Founder Jeff Bezos’s Bezos Fund, the platform brings in a welcome dose of capital and global linkages to impact […] Read more
Clean Energy Share In India To Rise Upto 64% By 2030: CEA Estimates Updated On Fri, May 5th, 2023 by Saurenergy A latest estimation report by the Central Electricity Authority (CEA) predicts a strong positive growth of renewable energy in India in the next seven years. The authority recently released its revised second version of its “optimal generation mix 2030” report. The report estimates the power scenario by 2030 in the country. The report estimates that the […] Read more
Total Eren, Others Collaborate for Indonesian Wind Plus Storage Project Updated On Fri, May 5th, 2023 by Saurenergy Indonesian power utility PLN (Persero) has collaborated with Total Eren SA in the construction of a 70 MW wind power plant project in Tanah Laut, South Kalimantan, Indonesia. This is also the first renewable project in Indonesia equipped with a 10 MWh Battery Energy Storage System (BESS) technology. Adaro Power and Pembangkitan Jawa Bali Investasi […] Read more
EV Ride Hailing Service BluSmart Rakes Up $42M to Augment Operations Updated On Fri, May 5th, 2023 by Saurenergy EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand fleet to 10,000 over the next year. BluSmart boasts of […] Read more
China’s Exports Profile Shifts To Green As Li-Ion Batteries, EVs And Solar Batteries Step Up Updated On Fri, May 5th, 2023 by Saurenergy China, for long synonymous with cheap exports in categories like toys, apparel, home appliances and furniture has slowly but surely been changing the profile of its exports, with newer, higher value and tech intensive categories edging ahead. In fact, consumers might have already noticed that in categories like Apparel and Furniture, it is no longer […] Read more
Hitachi, Quanta Bag EPC Contract for 3.5 GW SunZia Project Updated On Fri, May 5th, 2023 by Saurenergy Renewable energy players Quanta Services and Hitachi Energy have been selected by Pattern Energy Group, a firm that delves into renewable energy and transmission infrastructure, to build its SunZia transmission and wind project. This is the largest renewable project of the USA being built with $8 billion of direct capital investment. Pattern Energy held that […] Read more
Sunil Gupta Assumes the Role of CEO & Group CFO at Azure Power Updated On Fri, May 5th, 2023 by Saurenergy Independent Power Producer Azure Power has appointed Sunil Gupta as its new CEO (Chief Executive Officer) and Group CFO (Chief Financial Officer). The CEO is set to join the firm on July 10, 2023. He will be replacing the acting CEO, Rupesh Agrawal. Gupta will also step into the shoes of the Managing Director of […] Read more
Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23 Updated On Thu, May 4th, 2023 by Saurenergy Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Tata Power said that its PAT rose […] Read more
Smart Battery Swapping Startup Esmito Partners with ElectricFuel to Offer Energy as Service Updated On Thu, May 4th, 2023 by Saurenergy Esmito, a smart battery swapping solution provider has joined hands with ElectricFuel, a leading EV charging services provider to roll out Energy as a Service (EaaS) platform with an aim to bring affordable, high performance battery swapping solutions to the Indian EV market. The operations are currently being rolled out in Bangalore and Hyderabad and […] Read more
