Cabinet Approves Change In MMDR Norms To Specify Royalty For Lithium Updated On Wed, Oct 11th, 2023 by Saurenergy Union Cabinet chaired by the Prime Minister Narendra Modi today approved amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (‘MMDR Act’). The amendment was meant for specifying rate of royalty for three critical and strategic minerals–Lithium, Niobium and Rare Earth Elements (REEs). Recently, the Mines and Minerals (Development and […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing Updated On Wed, Oct 11th, 2023 by Saurenergy Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing As India’s domestic solar manufacturing ramps up from an estimated 38 GW currently to over 100 GW by 2026, firms have realised the limits of doing business as usual. Counting on large government-backed projects, with exports as the icing on the cake when […] Read more
Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
Sofar Set To Expand In C&I and Utility-Scale Projects: Sunil Tiku, Sofar Updated On Tue, Oct 10th, 2023 by Saurenergy Sofar Solar, which entered the Indian market six years back with its inverters, is now diversifying its products and reach. The firm, which initially tried to penetrate the residential market and focussed more on Original Design Manufacturer (ODM) partnerships, is now trying to make inroads into the country’s Commercial and Industrial (C&I) and utility-scale projects. […] Read more
“Electric Motorcycles Need Higher Localisation, Time To Market”-Dinesh Arjun, Raptee Updated On Tue, Oct 10th, 2023 by Saurenergy Dinesh Arjun, Co-Founder, Raptee, speaks to SaurEnergy about the firms plans. Congratulations on the funding. Can you give us a sense of the cap structure at the firm now? Last valuation? We’re proud of the fact that we’ve gotten so far without raising much external capital. Many of the industry experts including our investors […] Read more
Snap-E Cabs Expands Fleet to 600 Cars with New Collaborations Updated On Tue, Oct 10th, 2023 by Saurenergy Snap-E Cabs, an on-demand, app-based fleet of 100% Electric Vehicles (EV), has announced collaborations with Mufin Green Finance, Mahindra & Mahindra Finance, ICICI and HDFC finance to strengthen its fleet of eco-friendly cabs in Kolkata. These strategic alliances are in line with Snap-E Cabs expansion plans for FY ’24, aiming at entry into newer markets […] Read more
Germany’s 1Komma5° To Set Up 5 GW TOPCon Plant Updated On Tue, Oct 10th, 2023 by Saurenergy Hamburg-based energy startup 1Komma5°, which prides itself on making modules using Made in Germany polysilicon, has announced plans for a 5 GW tunnel oxide passivated contact (TOPCon) module assembly plant in Germany.\ Founded in 2021, 1Komma5° successfully rolled out the first of its modules at the end of 2022. For its software application, 1Komma5° secured […] Read more
NLCIL Wins its Largest Renewable Energy Project of 810 MW in RRVUNL Tender Updated On Mon, Oct 9th, 2023 by Saurenergy CPSU under the administrative control of the Ministry of Coal, NLC India Limited (NLCIL), has emerged as a successful bidder for 810 MW grid connected solar photovoltaic power projects in a tender floated by Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The said capacity is to be set up in 2000 MW Pugal Solar Park […] Read more
