Crayon Motors launches ‘Snow+’ low-speed electric scooter Updated On Tue, Feb 8th, 2022 by Saurenergy Crayon Motors, an Indian manufacturer of e-mobility solutions, has introduced its brand new Snow+ electric scooter in the Indian markets. The company has declared that it’s a low-speed electric two-wheeler that offers best in class comfort and functionally superior performance at 14p/km. As far as the price of the scooter is concerned, it starts at Rs […] Read more
EV Charging- current status/ challenges and way forward Updated On Tue, Feb 8th, 2022 by Saurenergy By Kunwer Sachdev India’s interest in adopting clean mobility is now firm and clear. The government of India has taken steps towards encouraging an EV ecosystem in the country through the FAME policies, reduction of GST on EVs, and most recently, the Production Linked Incentives. The idea is to create an economic environment for EV […] Read more
Suzlon Energy Seeks Debt Succour Again, as Feb 28 Deadline looms Updated On Tue, Feb 8th, 2022 by Saurenergy India’s top wind energy player Suzlon Energy is running out of time to serve its immediate debt obligation that is due on February 28, 2022. It’s precisely three weeks from here. According to the presentation made to the joint lender’s forum, India’s largest wind energy player has an estimated debt obligation of Rs 882 crores […] Read more
Charged Up! EV Sales to Hit One Million Per Month Mark Soon Updated On Tue, Feb 8th, 2022 by Saurenergy After a record-setting milestone of electric vehicles sales, almost doubling in 2021 to 6.6 million compared to 3 million of a year earlier, a more ambitious question emerges. When will the EV sales hit a million per month milestone? The year 2021 was the harbinger for electric vehicles. The market hit an all time high […] Read more
ArcelorMittal Throws in Hat to Buy Sprng Energy in Green Steel Push Updated On Mon, Feb 7th, 2022 by Saurenergy ArcelorMittal, the world’s biggest steel maker is making a play for Sprng Energy, Indian renewable platform of Actis, as the steelmaker looks at cleaner energy sources to decarbonise production around the world and in India, people aware of the development have told news agencies. This arguably is the first time in India a steel producer […] Read more
SES completes merger with ‘Ivanhoe’ to complete SPAC listing at NYSE Updated On Mon, Feb 7th, 2022 by Saurenergy Liquid metal battery firm SES AI Corporation or ‘SES’ has declared that it has closed the business combination of SES Holdings and Ivanhoe Capital Acquisition Corp or ‘Ivanhoe’, a Special Purpose Acquisition Vehicle(SPAC). The quest for this acquisition was announced previously and now it stands complete. With this, SES is listed on the New York […] Read more
Cipla to Acquire 32% Stake in AMP Energy Green Eleven Updated On Mon, Feb 7th, 2022 by Saurenergy India’s major drug manufacturer Cipla has signed a pact to acquire about a one-third stake in AMP Energy Green Eleven. The move is designed to set up a captive solar power project in the state of Maharashtra. Captive generation rules generally mandate that the key consumers must have a minimum 26% stake in the renewable […] Read more
Ahmedabad Municipal Corp Budget 2022-23: Green Energy, EVs in Focus Updated On Fri, Feb 4th, 2022 by Saurenergy Ahmedabad municipal commissioner Lochan Sehra proposed a draft budget of Rs 8,111 crore before the standing committee on Wednesday, laying down plans to promote green energy in the city. While avoiding new taxes and major announcements in the election year, the budget provided a thrust to solar power generation, rainwater harvesting and setting up of […] Read more
Apollo Tyres ties up with Tata Power to build EV Charging Stations Updated On Thu, Feb 3rd, 2022 by Saurenergy In what could prove to be a major thrust to the ongoing efforts of the industry towards electric vehicle charging stations, tyres giant Apollo has joined hands with Tata Power to create public charging across India. Initially, these charging stations will be deployed at Apollo Tyres’ commercial and passenger vehicle zones. This partnership is aimed at utilising […] Read more
