MOOEV Secures Rs. 40 Million Seed Funding Led By Bizdateup Updated On Wed, Nov 6th, 2024 by Saurenergy MOOEV Technologies, an electric vehicle (EV) startup focusing on heavy-duty transportation sector, raised Rs. 40 million in a seed funding round led by Mumbai-based Bizdateup. This funding round included investors like Inflection Point Ventures and Spectrum Impact (Aarti Industries Family Office), to accelerate the electric heavy-duty trucks deployment across India and aims to establish charging […] Read more
Vajram Electric Mobility Appoints Chandra Mouli As Its New CEO Updated On Wed, Nov 6th, 2024 by Saurenergy Vajram Electric Mobility Ltd, a company in the electric vehicle (EV) sector today announced the appointment of Chandra Mouli as its new Chief Executive Officer (CEO), effective with immediate effect. Chandra Mouli’s appointment comes at a pivotal time for Vajram Electric, as the company sets its sights on expanding its growth. With the new leadership, […] Read more
Green Stocks Nov 6: Trump Bad for Climate, But Good For Green Stocks? Updated On Wed, Nov 6th, 2024 by Saurenergy Perhaps it was just the relief of putting the event behind them, or a genuine hope that a Trump presidency would broadly be good for growth, but there was little doubt that Indian market seem to consider a Trump presidency better. That explains the sharp jump seen in the markets today, with our green pack […] Read more
Can India See Large Wind Turbines Beyond 6 MW? Updated On Wed, Nov 6th, 2024 by Saurenergy The upper ceiling of large wind turbines in India is on the rise. Irrespective of the deployment of the same in capacities upto 8 MW to 10 MW in foreign countries like China, India’s tryst with these large structures is limited by costs for now. Going by the government numbers, there are more than eight […] Read more
Solar Manufacturing Cuts Silicon Use By 88%, Makes Solar Affordable: Report Updated On Wed, Nov 6th, 2024 by Saurenergy Globally, solar energy has soared, from 1.22 GW in 2000 to 1,418.97 GW in 2023, with solar manufacturing projected to exceed demand, making solar more affordable. Solar jobs have followed suit, which have surged to 7.1 million, and global capacity is also expected to see gains, reaching 7,203 GW by 2030. The International Solar Alliance […] Read more
KPI Green Q2 Results- Revenues Up 67% YoY, PAT Up 99% Updated On Wed, Nov 6th, 2024 by Saurenergy Gujarat based KPI Green Energy, part of the KP Group with interests across the energy chain, has declared results for the September quarter , Q2 FY25. As expected revenues are up sharply over the corresponding quarter last year for the EPC firm, at Rs 361 crores versus Rs 216 crores last year. Thanks to the […] Read more
IEX October Power Market Updates- Soft Demand Leads to Lower Prices Updated On Wed, Nov 6th, 2024 by Saurenergy Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,642 MU in October’24, marking a 4% year on year increase. During the month, IEX traded 4.44 lakh renewable energy certificates recording a 105% year on year increase. According to government data published in October 2024, the country’s energy consumption reached 140.4 BUs, […] Read more
NTPC Arm Floats Tender For Evacuation Of 755 MW Of Green Power Updated On Wed, Nov 6th, 2024 by Saurenergy In a bid to supply clean energy to Green Valley Renewable Energy Limited (GVREL), NTPC renewable energy arm NTPC Green Energy Limited (NGEL) on behalf the company, invited bids for power evacuation package -II as a part of 755 MW GVREL Solar Park at Tilaiya and Panchet Reservoir. The Green Valley Renewable Energy Limited (GVREL) […] Read more
Desert Technologies To Build 3 GW Cell, 2 GW Module Facility In Saudi Arabia Updated On Wed, Nov 6th, 2024 by Saurenergy Jeddah-based Desert Technologies, which already operates a PV assembly line in Saudi Arabia with an annual capacity of 110 MW for high-efficiency PERC monocrystalline modules (up to 540Wp power output) has announced a major expansion plan. With an annual nameplate capacity of 5GW, the firm plans a 3GW solar cell manufacturing capacity and a 2GW […] Read more
