Amazon India Adds Gentari Mobility As Partner For 10,000 EV Plan For 2025 Updated On Mon, Aug 12th, 2024 by Saurenergy Amazon India today said that it has roped in electric mobility firm Gentari Mobility for its EV deployment program. Amazon India has an ongoing target of a 10,000 electric vehicles fleet for last-mile deliveries by 2025, where it has already made steady progress with other partners. Under the latest collaboration, Gentari Green Mobility Business plans […] Read more
Green Stocks Aug 12: Inox Wind Energy Shares Surge by 10% Updated On Mon, Aug 12th, 2024 by Saurenergy The opening day of the new week brought good news for many green stocks with their prices going up with few exceptions. Most of the green companies witnessed rise in their stock prices. The highest rise of 10 percent was reported by Inox Wind. It was followed by Shakti Pumps (5%) and Suzlon Energy (4.99%). […] Read more
Avaada Signs MoU To Develop 2750 MW Of PSPs In Maharashtra Updated On Mon, Aug 12th, 2024 by Saurenergy Indian renewable project developer Avaada Group has now announced signing of a Memorandum of Understanding (MoU) with the Maharashtra government for the development of two Pumped Storage Projects (PSPs) with a combined capacity of 2,750 MW. This comes at a time when several leading companies in India like Adani Green, Greenko and others are showing […] Read more
Extreme Temperatures: CEA Issues Clarifications To Wind Companies Updated On Mon, Aug 12th, 2024 by Saurenergy The Central Electricity Authority (CEA) has issued clarifications for the wind power companies related to their compliance with the norms related to extreme temperatures. This clarification came to the forth after the Wind Power Producers Association (WIPPA) approached the Ministry of Power. The association had earlier apprised the ministry about the hurdles in obtaining Connectivity […] Read more
Kinetic Green Raises US$25 Mn From Greater Pacific Capital Updated On Mon, Aug 12th, 2024 by Saurenergy Kinetic Green, an Electric Vehicle (EV) manufacturer secured a US$25 million investment from Greater Pacific Capital (GPC), a global private equity firm. This investment is part of an overall targeted Series A fundraising of up to US$40 million. GPC’s investment in Kinetic Green is through a combination of instruments including common equity shares, convertible preference […] Read more
India’s Renewable Capacity Surpasses 150 GW: MNRE Updated On Mon, Aug 12th, 2024 by Saurenergy India’s total renewable energy capacity (excluding large hydro) has now touched 150 Gigawatt (GW), latest data from the Ministry of New and Renewable Energy (MNRE) reveals. The latest data from the ministry for the month of July shows that India added a total of 1733.66 MW of new solar capacities. During the same period, India […] Read more
CRISIL Predicts Lower Thermal Share In Generation Next Fiscal Updated On Mon, Aug 12th, 2024 by Saurenergy CRISIL Ratings, in a sectoral report has predicted a drop of over 500 bps (basis points) in share of thermal plants in India’s power generation by next fiscal. The prediction is based on expectations of stronger addition of renewable energy (RE) capacities of as much as 50 GW over the next two years. These are expected […] Read more
EESL Issues Bid To Setup 70 MW Solar Projects In Maharashtra Updated On Mon, Aug 12th, 2024 by Saurenergy To scale up demand for energy efficiency sector projects and to utilize the financing received from the Asian Development Bank (ADB), the Energy Efficiency Services Limited (EESL) opened bids from eligible source countries of ADB to set up 70 MW of Solar Power Generating Systems (SPGS) in Maharashtra. EESL invited the bids in a sealer […] Read more
Every Indian District Soon To Host One Model Solar Village Updated On Mon, Aug 12th, 2024 by Saurenergy Every district of the country is now all set to host one model solar village. The Ministry of New and Renewable Energy (MNRE) has now come out with detailed guidelines to make this a reality. As per the norms, these model solar villages will be developed as components of the PM Surya Ghar scheme with […] Read more