ACME Group Sets Foot into Gujarat Wind Energy Market with 50 MW Project Updated On Fri, Dec 16th, 2022 by Saurenergy Gurugram-based ACME Group has entered the wind energy market by signing a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). Currently, ACME runs solar power facilities in 12 States and provides electricity to 13 State DISCOMS. The ACME Group has won its first 50 MW grid-connected wind power project to mark its debut in the […] Read more
Haliade-X Turbine By GE Renewable Energy Is Now Most Powerful Updated On Fri, Dec 16th, 2022 by Saurenergy Haliade-X wind turbine by GE Renewable Energy is officially the most powerful wind power turbine to have ever been installed on the planet. GE Renewable Energy has announced that its Haliade-X wind turbine, the first 12 MW+ turbine built, has received a full type certificate for operations up to 14.7 MW from DNV GL, the […] Read more
Battery Storage Player Element Energy Secures $28 Mn Fresh Financing Updated On Thu, Dec 15th, 2022 by Saurenergy California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […] Read more
Tata Motors to Deliver 5000 Electric Sedan Cars XPRES-T EVs to Everest Fleet Updated On Thu, Dec 15th, 2022 by Saurenergy Tata Motors has announced the signing of an MoU with Everest Fleet Private Limited, an operator of shared mobility space in India. Under the agreement, the auto czar will deliver 5000 XPRES-T electric vehicles keeping the vision of a clean and green environment alive. The company said that moving forward in its journey towards accelerating […] Read more
Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems? Updated On Thu, Dec 15th, 2022 by Saurenergy The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […] Read more
Saera Electric Auto Anticipates 100% Rise in Sales Updated On Thu, Dec 15th, 2022 by Saurenergy Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) anticipates a 2X increase in revenue by the end of FY ’22–23. In the first two-thirds of the current financial year, SEAPL has already surpassed the 182 Cr threshold, up from 152 Cr in the previous financial year. By March 2023, Saera Electric will have […] Read more
Columbia Center Report on Renewables Investment To Developing Countries Updated On Wed, Dec 14th, 2022 by Saurenergy Two new reports on the factors that encourage and obstruct investment in renewable energy in developing nations were just released by the Columbia Center on Sustainable Investment (CCSI). In the first report, “Scaling Investment in Renewable Energy Generation to Achieve Sustainable Development Goals 7 (Affordable and Clean Energy) and 13 (Climate Action) and the Paris […] Read more
EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World Updated On Wed, Dec 14th, 2022 by Saurenergy Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […] Read more
Heavy Industry Ministry Blocking Rs 1100 Cr in Subsidies: EV Group Updated On Wed, Dec 14th, 2022 by Saurenergy The producers of electric vehicles have requested the reinstatement of a subsidy intended to encourage the sale of vehicles. The industry will be “choked to death” by the unilateral decision to discontinue subsidy, according to the corporations. The plea comes even as FAME 2 subsidies made an explicit push to target public transportation and EV […] Read more