Disruption In Supply Chain Doubles Downtime Days For Solar Developers Updated On Mon, May 30th, 2022 by Saurenergy Disruption in supply chain has reversed the downward trend in average business interruption (BI) claims for renewables developers, according to a report attributing the disruption in supply to surge in energy prices and the COVID-19 pandemic. The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide […] Read more
LML to enter EV segment; Plans 3 electric two-wheelers through Rs 350 cr investments Updated On Tue, May 24th, 2022 by Saurenergy Lohia Motors Ltd or what is popularly known as ‘LML’ has said that its planning to enter the electric vehicles segment by rolling out three electric two wheelers and will invest Rs 350 crore for the same, including a manufacturing facility. LML, or at least its old version, shut down in 2018, after a series […] Read more
Servotech Power Systems Ltd. Announces Results for FY22, Revenue rises 64% from FY21 Updated On Mon, May 23rd, 2022 by Saurenergy Servotech Power Systems Ltd. (NSE: SERVOTECH), a prominent manufacturer of Solar, LED, medical-grade, and electric vehicle (EV) charging solutions, presented its annual financial results for the year ended March 31, 2022 at its Board of Directors meeting on May 20, 2022. Servotech Power Systems Ltd. bagged an annual revenue of Rs. 14,425 lacs as against […] Read more
Buying An EV in India: Tax, Incentives, Rebates Updated On Mon, May 23rd, 2022 by Saurenergy Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […] Read more
Ez4EV Plays At the Intersection of Storage And Digital Payments Updated On Fri, May 20th, 2022 by Saurenergy Startups are making the most of the EV transition, especially with digital payments made so easy in India. We now have Ez4EV Pvt Ltd (easy-for-electric vehicles), an energy management company and developer of innovative solutions for the EV charging sector, has broken barriers of the standard source (grid) of energy input by successful design and […] Read more
Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices Updated On Wed, May 18th, 2022 by Saurenergy Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as even as traded lithium carbonate prices climbed 413 percent between January and December […] Read more
PMI Electro’s upcoming plant to produce 2500 commercial EVs annually Updated On Tue, May 17th, 2022 by Saurenergy PMI Electro Mobility Solutions Pvt Ltd – maker of electric buses in India – has said that it will set up company’s new electric commercial vehicle (CV) manufacturing plant in Pune, Maharashtra. The new plant will be PMI’s largest manufacturing facility in India and will be based at MIDC, Chakan. PMI says that the new […] Read more
BYD India In Charging Tie-Ups To Reassure Customers Updated On Thu, May 12th, 2022 by Saurenergy BYD India has tied up with three EV charging infrastructure firms, Chargezone, Volttic, and Indipro, to offer a more robust charging network to its customers. The firm, which started off targeting the Electric bus market in India before introducing its other vehicles, notably the E6. The new charging partners will basically make their charging networks […] Read more
Jindal Acquires Earth Energy EV in a bid to enter EV market Updated On Sat, May 7th, 2022 by Saurenergy Jindal Worldwide has announced that it has acquired Mumbai-based EV startup Earth Energy EV through one of its subsidiaries – Jindal Mobilitric. The acquisition also marks the entry of Jindal Worldwide into the electric vehicle sector of India. The financial details of the deal are yet to be disclosed. The official statement of Jindal Worldwide […] Read more