Mahindra, Vidyut Tie-up For Battery-as-a-Service Commercial EVs Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited (M&M) and Vidyut (VT), have announced a collaboration. MLMML is an electric commercial vehicle manufacturer that has sold more than 2 Lakh Electric Vehicles (EVs). Vidyut is a Bengaluru-based full-stack EV startup focused on making EV ownership more convenient and stress-free. Both […] Read more
News In Brief Dec 11: CATL in Spain, Husk Power, EVLO’s First BESS Updated On Wed, Dec 11th, 2024 by Saurenergy Stellantis And CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Stellantis, the maker of the iconic JEEP, and CATL recently reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant […] Read more
States Open Up With More Land Bank Policies For RE Projects Updated On Wed, Dec 11th, 2024 by Saurenergy Marred by hurdles in land acquisition for new renewable energy projects, several Indian states are now coming up with innovative solutions like land banks to tackle the issue of land for green projects. Over the past few months, various states have announced or initiated plans to allocate dedicated land for green projects. Uttar Pradesh Earlier […] Read more
INOXGFL Group Forays Into Solar Modules, Cell Manufacturing Updated On Wed, Dec 11th, 2024 by Saurenergy Noida-based wind energy company INOXGFL group has announced a foray into solar manufacturing through Inox Solar, a privately held entity by the promoters. The move ostensibly completes the group’s interests across the entire renewable energy ecosystem. to make it what it hopes will be the one of the deepest integrated groups in India in the […] Read more
Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […] Read more
Google Backs Clean Energy Firm To Power AI Data Center Expansion Updated On Wed, Dec 11th, 2024 by Saurenergy US-based clean energy company, Intersect Power recently partnered with Google and TPG Rise Climate (TPG) to provide renewable power and storage solutions to new data centers. This partnership is designed to deliver gigawatts of new data center capacity across the US with Intersect Power catalyzing a targeted $20 billion in renewable power infrastructure investment by […] Read more
Solar Startup Raptor Maps Closes $35 Mn Series C Financing Round Updated On Wed, Dec 11th, 2024 by Saurenergy US-based software company Raptor Maps recently announced its oversubscribed Series C financing round. The $35 million growth investment was led by Canadian-based Maverix Private Equity (Maverix). It involved participation from existing investors MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator. The firm works towards increasing the impact of advanced analytics and digital […] Read more
Gentari, AM Green In 650 MW RTC Deal For Green Ammonia Plant Updated On Wed, Dec 11th, 2024 by Saurenergy Clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited and AM Green Ammonia India have executed a firm and binding Power Purchase Agreement. Under the agreement, Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities in Telangana, under a long-term Power Purchase […] Read more
90% Surge In Installations After Green Energy Open Access: IEEFA Updated On Wed, Dec 11th, 2024 by Saurenergy A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […] Read more
