Zypp Electric Lands $25m Series B Round Updated On Thu, Feb 9th, 2023 by Saurenergy B2B delivery and shared mobility startup, Zypp Electric has raised $25 million in a Series B round led by Taiwan-based battery-swapping platform Gogoro. This is the first funding round for the Gurgaon-based company in 2023. The fundraise is a mix of $20 million equity and $5 million of debt funding. The round also saw participation […] Read more
Chargeup & Zomato Club up for Emission-Free Food Deliveries Updated On Tue, Feb 7th, 2023 by Saurenergy Chargeup, a player in electric vehicle (EV) charging infrastructure industry, has partnered with Zomato to enable Zomato delivery partners to get easy financing and leasing options to make a seamless switch to electric mobility. This ESG initiative will enable Zomato to reduce the carbon footprint of its vast delivery network across India. Speaking about this, […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
Solar-Powered Milk Chillers with Storage Come to the Rescue of Camel Herders in Rajasthan Updated On Thu, Feb 2nd, 2023 by Saurenergy In Rajasthan, where camel husbandry has been a common practice for years, the income of the herders is drastically impacted owing to the lack of infrastructure at camel mile collection centers. Adding to the woes was the absence of electricity supply because of lack of grid. Milk spoilage was also a commonly occurring phenomenon. This […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more
New Wind Energy Tower Factory To Come Up In Poland With EUR 200 Million Investment Updated On Wed, Jan 25th, 2023 by Saurenergy Spanish green energy conglomerate GRI Renewable Industries (GRI) and ARP, Poland’s Industrial Development Agency, have announced that they have signed an agreement for the launch of a joint venture company for the construction of an offshore wind tower factory in Gdansk – a Polish port city on the Baltic coast. GRI is an experienced offshore wind […] Read more
Indi Energy Gets National Startup Award 2022 For ‘Energy Storage’ Updated On Tue, Jan 24th, 2023 by Saurenergy Indi Energy – a startup that has sprung out of Indian Institute of Technology (IIT) Roorkee, has won the prestigious National Startup Awards 2022 in the category of ‘Energy Storage.’ National Startup Award 2022 was presented to the India based start-ups that are most promising and innovative. The certificate of commendation was presented by Piyush […] Read more
Log9 Materials Secures $40 Million in Fresh Funding From Amara Raja & Others Updated On Mon, Jan 23rd, 2023 by Saurenergy Last week, Bangalore based deep-tech battery start-up Log9 Materials had scooped up over $11 million in a Series B round, which was led by PTV International Ventures and participated by key investors like SiriusOne Capital and Cornerstone Ventures. Now, the startup has announced that it has raised $40 million or Rs 325 crore approximately in […] Read more
