Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs Updated On Fri, Nov 4th, 2022 by Saurenergy The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […] Read more
SolarSquare Secures 100 Cr Series A Funding by Elevation Capital and Lowercarbon Updated On Thu, Nov 3rd, 2022 by Saurenergy Mumbai-based solar installation and financing start-up, SolarSquare has announced recently that it has raised Rs 100 crore in a Series A round majorly sponsored by Elevation Capital and Lowercarbon, Chris Sacca’s multibillion-dollar fund for climate-tech companies. Existing investors Good Capital, Rainmatter, and Better Capital, as well as angel investors like Vidit Atrey and Sanjeev Barnwal […] Read more
PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022 Updated On Mon, Oct 31st, 2022 by Saurenergy As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […] Read more
Jammu Smart City Adds 200 Electric Buses By Tata Motors Updated On Fri, Oct 21st, 2022 by Saurenergy Recently, Jammu Smart City Ltd. announced that 200 electric buses tender had been awarded to India’s largest manufacturer of commercial vehicles, Tata Motors. According to Tata Motors, Jammu Smart City Ltd. launched the tender for Jammu and Srinagar. To deploy electric buses in the twin capital cities of Jammu and Kashmir, Tata Motors has formed […] Read more
USA’s Triton Electric Vehicle Issues Rs 8060 Cr LoI to Bharat Electronics for Battery Packs Updated On Thu, Oct 20th, 2022 by Saurenergy Navratna Defence PSU Bharat Electronics Limited (BEL) has received a Letter of Intent (LoI) from USA-based and a subsidiary of Triton Electric Vehicle LLC electric vehicle company Triton Electric Vehicle India (TEV) for the purchase of 300 KW Li-Ion Battery Packs for its semi-truck project in India at an estimated cost of Rs. 8060 Crores. […] Read more
Bangalore’s EV Manufacturer Altigreen Enters Maharashtra Updated On Wed, Oct 19th, 2022 by Saurenergy Altigreen, the Bangalore-based manufacturer of three-wheeler electric vehicles, just opened its first-ever retail experience center in Mumbai. According to the company, this is the sixth retail dealership they have opened in India this month. Altigreen made the decision to partner with Jubilant Motorworks for this project. Jubilant Motorworks, which has locations in the states of […] Read more
Tata Motors, Tata Power to Install 7 MW Solar Plant at Pantnagar Factory Updated On Tue, Oct 18th, 2022 by Saurenergy The two companies of the Tata Group – Tata Motors and Tata Power – have announced that they have entered into a Power Purchase Agreement (PPA) for the development of a 7 MW captive solar power project at its Pantnagar plant in Uttarakhand. According to the company, this installation is collectively expected to generate 215 […] Read more
Ather Energy Installs Over 500 Ather Fast Charging Grids Across India Updated On Fri, Oct 14th, 2022 by Saurenergy Ather Energy, one of India’s leading electric scooter manufacturers, has announced the installation of the 580th public fast charging point, the Ather Grid, across 56 cities in India. As the company expands its footprint nationally, Ather Energy plans to install 820 more grids, taking the count to 1400 by the end of FY23. Ather Grids […] Read more
