Energy Transition Firm Transition VC Floats First Fund Worth Rs 400 Cr Updated On Thu, Nov 24th, 2022 by Saurenergy Bengaluru-based first venture capital firm dedicated to energy transition, Transition VC, has launched its first fund with a target corpus of Rs 400 crore and a greenshoe option of Rs 200 crore. Transition VC will invest in seed rounds of firms in a variety of transitioning industries, including new energy, e-mobility, green hydrogen, energy storage, […] Read more
Ather Energy Inaugurates Second Manufacturing Unit in Tamil Nadu Updated On Thu, Nov 24th, 2022 by Saurenergy Bengaluru-headquartered electric scooter manufacturer, Ather Energy recently opened a second manufacturing plant in Hosur, Tamil Nadu. To better meet the rising demand for its flagship scooters, the Ather 450X and 450 Plus, the brand will be able to increase its production capacity to 420,000 units annually with the aid of the 300,000-square-foot facility. The 300,000-square-foot […] Read more
Innovative Battery Tech Startup Clean Electric Raises $2.2mn Led by Kalaari Capital Updated On Tue, Nov 22nd, 2022 by Saurenergy Clean Electric, an innovative energy storage solutions start-up, raises $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital company with offices in Bengaluru. Additionally taking part in the round were Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Intense safety and performance problems for EVs such as battery […] Read more
DhaSh PV Increases PV Junction box Production Capacity to 11 GW Updated On Fri, Nov 18th, 2022 by Saurenergy DhaSh PV Technologies, a manufacturer of PV Junction boxes with headquarters in Bangalore, recently announced a significant expansion of its cutting-edge manufacturing facility in Bengaluru, increasing its total production capacity from 8 GW to 11 GW. The company’s decision to expand is driven by both the sharp increase in demand for its PV Junction box […] Read more
Tata Power Delhi Distribution, TERI in Partnership for Sustainable Future Updated On Wed, Nov 16th, 2022 by Saurenergy A joint venture between Tata Power and the Government of Delhi, Tata Power Delhi Distribution Limited (Tata Power-DDL), a power utility that supplies electricity to a population of more than 7 million in North Delhi, has forged a partnership with The Energy and Resource Institute (TERI) to encourage Urja Arpan initiative. The cooperation set sights […] Read more
Gujarat’s Renon Launches India’s First Dedicated 2W-EV Platform ‘ALPHA’ Updated On Mon, Nov 7th, 2022 by Saurenergy Gujarat-based firm Renon India, an energy storage provider company, has announced the release of its intelligent Alpha swappable battery architecture for high-performance E-two-wheelers. This Li-ion battery pack uses NMC chemistry, has a nominal voltage of 50.4 V, and a rated energy of 2.01 kWh. It can also be converted to use LFP chemistry with the […] Read more
Former Tesla Policy Director, India Joins E-Scooter Startup Ather Energy Updated On Mon, Nov 7th, 2022 by Saurenergy Bengaluru-headquartered electric scooters’manufacturer, Ather Energy recently announced that it has hired the former head of Tesla Inc.’s India policy division. Manuj Khurana left his position as Tesla’s Regional Head of Policy and Business Development in June 2022 and will begin working at Ather Energy the following week as Vice President. In March 2021, Khurana began […] Read more
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
