Pune-based BatteryPool Raises Funds from IAN & Others Updated On Fri, Aug 20th, 2021 by Saurenergy Pune-based BatteryPool has raised an undisclosed amount of growth capital as part of its seed funding round. The startup offers battery charging solutions for EV fleets and commercial vehicles. The round was led by Indian Angel Network (IAN) and the Pune-based Venture Center under the NIDHI-Seed Support Scheme, and lead investors, including Arjun Seth and Harshavardhan […] Read more
Pune’s goEgoNetwork EV Charging Startup Secures $2 Million Seed Funding Updated On Wed, Aug 18th, 2021 by Saurenergy Pune’s goEgoNetwork is an Indian EV charging startup that will provide EV chargers to you whether you are at home, at work, or traveling to your weekend getaway destination. Pune’s goEgoNetwork is electric vehicles (EV) Charging Startup Secures $2 Million Seed Funding. Recently the two-year-old startup has secured $2 million in seed funding to expand […] Read more
ENGIE Commissions 200 MW Raghanesda Solar Project Updated On Wed, Aug 18th, 2021 by Saurenergy ENGIE has announced the commissioning of a 200 MWAC (290 MWp) Solar Power Project at the Raghanesda Solar Power Park, in Raghanesda, Gujarat. ENGIE collaborated with multiple Government of Gujarat entities to construct the project that will generate close to 546 gigawatt-hours of electricity. The project was won under a tender process run by GUVNL […] Read more
UP Regulator Eases Power Procurement From Exchanges For Industry Updated On Wed, Aug 18th, 2021 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission, in its recent tariff order dated 29th July 21 for the financial year 2022 has made some key changes that could have a positive impact on the industry as well as renewable energy projects in the state. The regulator announced a reduction of up to 64 paise per unit […] Read more
Goodyear Invests in EV Charging, Adds AmpUp to its Portfolio Updated On Tue, Aug 17th, 2021 by Saurenergy Goodyear announced today that its venture capital arm, Goodyear Ventures, has added AmpUp, a leader in electric vehicle (EV) charging, to its investment portfolio. AmpUp supports the EV driving community through its advanced charging network and software solutions. With operations across North America, AmpUp aims to make charging accessible and seamless for every EV driver. […] Read more
“We have pioneered in solving the twin problems of supply and demand of electricity”, Pranesh Chaudhary, Zunroof Updated On Tue, Aug 17th, 2021 by Saurenergy ZunRoof was one of the early movers on the solar rooftop space, going the start up way with fund raises and an aggressive expansion strategy. From solar rooftops, where the IIT Kharagpur educated founders touted their proprietary tools for tracking and performance to the move into IoT based devices for energy savings, the firm has […] Read more
100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India Updated On Fri, Aug 13th, 2021 by Saurenergy In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […] Read more
Azure Power Secures Green Bond of US$41.4 Million At Lowest Coupon of 3.575% Updated On Fri, Aug 13th, 2021 by Saurenergy Indian independent power producer (IPP), Azure Power Global Limited announced the issuance of a dollar green bond of US$414,000,000, through its wholly-owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%, i.e., the lowest ever coupon in the high-yield segment for any business out of India […] Read more
ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions Updated On Wed, Aug 11th, 2021 by Saurenergy ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […] Read more