ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
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
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
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
Fortum Plans to Foray into more Indian Cities with Higher per Capita Income Updated On Mon, May 20th, 2019 by Saurenergy The plan to venture in India will make India the first country outside Europe in this space, keeping in mind that, India aims to power most of its vehicles with electricity by 2030. We are constantly evaluating the Indian market for charging infrastructure. On our radar are the advanced cities with higher per capita incomes […] Read more
Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4 Updated On Fri, May 3rd, 2019 by Saurenergy During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […] Read more
BHEL, ARAI Sign MoU for E-Mobility Projects in India Updated On Wed, May 1st, 2019 by Saurenergy BHEL and ARAI will combine their respective strengths in the technology development of E-Mobility solutions Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI), an autonomous body affiliated to the Ministry of Heavy Industries and Public Enterprises have signed an MoU for cooperation on various projects related to e-mobility. In the presence of […] Read more
Interview with Pawan Pandey, Director | Radite Group Updated On Sat, Apr 27th, 2019 by Saurenergy Radite Mulls Entry Into Electric Vehicle Charging Segment We have serious plans for entering the EV charging segment, and have already done a lot of groundwork in this regards. We are very hopeful of establishing our first station in first quarter itself, says Pawan Pandey, Director, Radite Group, one of the fastest growing companies in […] Read more
