EV Batteries in 5% GST Bracket to Support Faster Adoption Updated On Tue, Jul 5th, 2022 by Saurenergy The GST rates on lithium-ion battery packs have been reduced by the government from 18 percent to 5 per cent which is the lowest tax category. A statement by the Finance Ministry held, “Electric vehicles, whether or not fitted with a battery pack, are eligible for the concessional GST rate of 5 percent.” This was […] Read more
Vikram Solar Welcomes Back Ivan Saha As CEO Updated On Mon, Jul 4th, 2022 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider, has announced the appointment of Ivan Saha as its new Chief Executive Officer (CEO). Saha was last working with leading developer Renew Power as its Chief Technical Officer, a role he took on after leaving Vikram Solar as its President and […] Read more
China Underlines Renewables Dominance With Best Ever Global Inverter Rankings Updated On Mon, Jul 4th, 2022 by Saurenergy Chinese inverter manufacturers have bagged 6 out of the top 10 spots in the 2021 rankings of global inverter majors by volumes shipped. The rankings, released by IHS Markit, will have come as no surprise to observers, having seen the strong push by these players over the past few years. The only surprise is within […] Read more
“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration” Updated On Fri, Jul 1st, 2022 by Saurenergy Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […] Read more
Assistant Manager / Senior Engineer, VC&A Sales Updated On Tue, Jun 28th, 2022 by Saurenergy Responsibilities:- Develop and implement actions as per strategic plans & sales objectives. Provide sales forecasting for assigned customer base and set performance goals accordingly. Build up customer base by expanding to new business area. Build up and maintain good customer relations for top customer satisfaction Market and sell products and services according to agreed plans […] Read more
Battery Smart Raises $25 Million Funding Led by Tiger Global Updated On Tue, Jun 28th, 2022 by Saurenergy Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global. Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […] Read more
160 GWh Of Energy Storage Needed To Meet India’s 2030 RE Target: IESA Updated On Tue, Jun 28th, 2022 by Saurenergy The India Energy Storage Alliance (IESA) has recently brought out a report VISION 2030 that projects India will need at least 160 GWh of energy storage by 2030 in order to integrate the targeted 500 GW of non-fossil fuel energy onto its networks. This energy storage capacity has been calculated as aggregate of front-of-the-meter grid-scale […] Read more
Gautam Solar Strengthens Distribution For Faster Response Updated On Mon, Jun 27th, 2022 by Saurenergy In its endeavor to make solar modules easily available to consumers and solar system integrators, Gautam Solar has set up a new warehouse at Greater Noida, in the National Capital Region. With the new expansion, Gautam Solar will be providing the entire national capital with solar panels in the least turnaround time. The solar panels […] Read more
EV Tech Start-up Matter Closes US$ 10 million Round Updated On Fri, Jun 24th, 2022 by Saurenergy Ahmedabad based Matter, a vertically integrated product tech start-up focused on electric mobility and energy storage, has raised an initial US$ 10 million in its latest round of funding. The round drew interest from a diverse set of investors including Capital 2B, a technology fund backed by Infoedge, Climate Angels Fund, and other marquee Indian […] Read more
