Vattenfall and NewMotion Sign E-Mobility Roaming Agreement in UK Updated On Thu, Aug 29th, 2019 by Saurenergy Vattenfall, NewMotion have signed a roaming agreement for the UK as the first step towards interoperability of EV charging networks Vattenfall and NewMotion, two leading companies in smart charging solutions for electric vehicles (EV) in Europe, have signed a roaming agreement for the UK as the first step towards interoperability in the UK. This will […] Read more
Heavy Industries Ministry Approves FAME II Subsidies for 5,595 Electric Buses Updated On Mon, Aug 12th, 2019 by Saurenergy Government’s Department of Heavy Industries has sanctioned subsidies for 5,595 electric buses in 64 cities The Department of Heavy Industries has approved 5595 electric buses under the FAME India scheme phase II. The move is in line with the government’s push towards electric mobility in the public transport system. The government department said in a statement […] Read more
Will Tax Sops Help in Faster Adoption of Electric Vehicles? Updated On Mon, Jul 29th, 2019 by Saurenergy To encourage faster adoption of electric vehicles, the government has now made its intentions clear. It often takes a tax break for an idea to be adopted. And if it is a substantial cut, then greater the force to get it past its inertial state. With the announcement of a cut in GST rates on […] Read more
Japan’s Mitsui Invests Rs 100 Crore in SmartE Updated On Thu, Jul 25th, 2019 by Saurenergy SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […] Read more
REIL Floats Tender for Solar Power Plants in Maharashtra Updated On Tue, Jul 23rd, 2019 by Saurenergy REIL has tendered for solar plants with capacities ranging from 250 kW to 2 MW or more at various locations in Maharashtra Rajasthan Electronics & Instruments Limited (REIL), a central public sector enterprise, has issued a tender, inviting bids from interested parties for the installation of solar PV power plants with capacities ranging from 250 […] Read more
Government Agencies Should Continue to Show Desire for the Commenced Projects: Amruth Puttappa Updated On Thu, Jul 18th, 2019 by Saurenergy Recently, the Indian solar market bounced back from the sluggish year of 2018. With the climate agreement in place and an estimated global investment of $2.8 billion in Q1 2019, there is no doubt that there is a huge scope. We are going through a positive phase. All government bodies are working towards our ambitious […] Read more
Union Budget 2019: A Mixed Bag for the Solar Industry Updated On Sat, Jul 6th, 2019 by Saurenergy As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […] Read more
As India’s States Pivot to Electric Buses, Challenges Surface Updated On Fri, Jun 28th, 2019 by Saurenergy In just the past two months, announcements have been made for over 2000 electric buses from states across India, be it Delhi, Kashmir, Maharashtra or Punjab. It is important that local state transport authorities realise that an electric bus purchase is much more than just buying a bus that runs on electricity. Earlier this week, […] Read more
Zouk Capital Invest in Italian e-Mobility Firm BE Power Updated On Fri, May 24th, 2019 by Saurenergy UK-based infrastructure and private equity investor, Zouk Capital, recently announced that it had invested in BE Power, a subsidiary of Building Energy (BE), marking the entry of the UK fund into the Italian electric mobility market. Zouk Capital has acquired a majority stake in BE Power through a capital increase. The funding will allow BE […] Read more
