ISA announces Twenty Winners of SolarX Startup Challenge Updated On Fri, Jul 21st, 2023 by Saurenergy At a side-event of the G20 Energy Transitions Working Group meeting in Goa, the International Solar Alliance (ISA), announced the 20 winners of its SolarX Startup Challenge. 20 companies from 10 African countries were declared winners, who will work to increase solar deployment in the Africa Region. Out of the 20 winning companies, seven are […] Read more
Avaada Group in MoU with REC for INR 20,000 Funding Updated On Thu, Jul 20th, 2023 by Saurenergy On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […] Read more
Mini-grids Best Suited To Electrify Unelectrified Population: ISA Report Updated On Thu, Jul 20th, 2023 by Saurenergy The latest report by the International Solar Alliance (ISA) on universal energy access emphasized the role of solar energy in ensuring energy access in unelectrified regions in the world. ISA released the report during the 14th Clean Energy Ministerial (CEM) in Goa today with representatives from the Ministry of New and Renewable Energy (MNRE). The latest report […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK Updated On Thu, Jul 20th, 2023 by Saurenergy Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions […] Read more
EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup Updated On Wed, Jul 19th, 2023 by Saurenergy The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […] Read more
Chargeup Introduces Solar Battery Swap Station in Jaipur Updated On Wed, Jul 19th, 2023 by Saurenergy Chargeup, a provider of battery swapping network, has announced the launch of a solarized battery swapping station. The firm claims that this is a first-of-its-kind in India. The pilot project for the battery swapping station, launched in Jaipur, is owned and operated by Chargeup. The solarized battery swapping station has the ability to handle the […] Read more
DelEVery Launches Its Flagship Electric Loader ‘XL200’ At Rs 1.14 L Updated On Wed, Jul 19th, 2023 by Saurenergy Tamil Nadu-based Future Motors Corporation’s commercial fleet ‘Delevery’ has unveiled its new flagship two-wheeler electric loader named XL 200. It has been crafted especially to cater to the loading and delivery needs of commercial businesses in the Indian market demands. The company has kept the ex-showroom price of the new product at Rs 1,14,900. It […] Read more
BMW’s EV Deliveries In India Grow By 11% In First Half of 2023 Updated On Tue, Jul 18th, 2023 by Saurenergy BMW India, one of the leading luxury car makers in the electric segment in the country, reported an 11 percent growth in its total deliveries of electric vehicles (EVs) in the first six months of 2023. BMW Group India said it continued its dominance in the electric luxury segment. It attributed this to the most […] Read more