Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
Snap-E Cabs Expands Fleet to 600 Cars with New Collaborations Updated On Tue, Oct 10th, 2023 by Saurenergy Snap-E Cabs, an on-demand, app-based fleet of 100% Electric Vehicles (EV), has announced collaborations with Mufin Green Finance, Mahindra & Mahindra Finance, ICICI and HDFC finance to strengthen its fleet of eco-friendly cabs in Kolkata. These strategic alliances are in line with Snap-E Cabs expansion plans for FY ’24, aiming at entry into newer markets […] Read more
ToD Tariff Mechanism: A Tool To Lower Electricity Bills While Managing Demand Updated On Fri, Oct 6th, 2023 by Saurenergy In a revision to Electricity (Rights of consumers) Rules, 2020, the Government introduced two changes to the electricity tariff system in June 2023. These changes are introduction of Time of Day (ToD) Tariff, and rationalization of smart metering provisions. As per the tariff system introduced, tariff during high-solar hours of the day should be 10%-20% […] Read more
Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023 Updated On Thu, Oct 5th, 2023 by Saurenergy Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out The State will […] Read more
Nextracker Primed For India Growth With 4.5 GW Order Book, 10 GW Capacity Updated On Tue, Oct 3rd, 2023 by Saurenergy US-based solar tracker leader Nextracker is set to ride the solar growth story in India, with its local manufacturing capacity up to 10 GW now. Spread across 13 factories across the country through its eleven contract manufacturing partners, the firm claims to have achieved 80% indigenization levels, giving it a strong advantage over global competitors. […] Read more
Tata Power Places Cell Equipment Order With Robotechnik Updated On Fri, Sep 29th, 2023 by Saurenergy Suzhou, China-based maker of automated production equipment RoboTechnik Intelligent Technology, has bagged an order from Tata Power worth CNY165 million (USD22.6 million). The deal is apparently for cell manufacturing equipment, to be used at Tata’s upcoming 4.3 GW plant in Tamil Nadu. The plant has planned capacities for both cell and module manufacturing, having qualified […] Read more
Li-ion Phosphate or Nickel Manganese Cobalt Oxide- Which Has More Potential? Updated On Thu, Sep 28th, 2023 by Saurenergy A report by the International Institute of Sustainable Development (IISD) titled ‘India’s Potential in the Midstream of Battery Production’ had shed light on the role of different technologies of batteries like Lithium-ion in the transition of automobile fuel. The report aims at mapping the EV adoption in India. The report says that the EV adoption […] Read more
EV Charger Market Projected at CAGR 46.5% Between 2022 & 2030: CES-IESA Report Updated On Thu, Sep 28th, 2023 by Saurenergy The Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) have released their third annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report”. The report covers the present market trends and forecast of electric vehicle (EV) chargers by various charger types in terms of revenue (USD Million), capacity (GW) and […] Read more
Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […] Read more
