NTPC Issues Request for Proposal for SPDs for 60 MW Solar Project in Republic of Cuba Updated On Fri, May 26th, 2023 by Saurenergy NTPC has floated a tender for the selection of solar power developers for 60 MW solar PV project in the Republic of Cuba. The last date and time for receipt of bids comprising both the technical bid and the price bid is July 20, 2023. The technical bid opens on July 21, 2023. The project […] Read more
New Fund by TDK Ventures to Invest $150 Million in Green Energy Updated On Mon, May 22nd, 2023 by Saurenergy Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […] Read more
Hyundai & Shell Partnership To Pave Way For Expansion Of EV Charging Network Updated On Fri, May 19th, 2023 by Saurenergy Hyundai Motor India Limited (HMIL) and Shell India have entered into a partnership to expand the charging infrastructure for electric vehicles in India. The two firms have partnered up to install 60 kW DC Fast Chargers across 36 Electric Vehicle (EV) dealerships of Hyundai Motor India. Shell has also set sights on establishing DC 120 […] Read more
India Below Asian Average in Electric Vehicle Penetration; CY 2022 Pegged at Just 1.1% Updated On Thu, May 18th, 2023 by Saurenergy As per a research by S&P Global Ratings, India’s EV penetration is a laggard in CY 2022 when compared against other Asian countries. The percentage of EV penetration in the said year was a mere 1.1%, signficantly lower than the Asian average pegged at over 17 per cent. Not surpisingly, the penetration of electric vehicles […] Read more
Tesla’s Reignites Ambitions for Setting Up EV Plant, Pushing EV Sales in India Updated On Thu, May 18th, 2023 by Saurenergy American automotive giant Tesla is keen to extend its reach in India and is mulling over the domestic incentives that it can avail with relation to car and battery manufacturing. It held discussions with government officials recently towards this goal. Tesla is looking to establish a factory in India, where it aims to build electric […] Read more
Uttar Pradesh Plans Solar City Adjacent to Saryu River Updated On Wed, May 17th, 2023 by Saurenergy The state government of Uttar Pradesh led by Yogi Adityanath is mulling to establish a solar city in Ayodhya district. The state government has allocated Rs 317 crore in the current budget to implement Solar Energy Policy 2022, the new solar city will come up adjacent to the banks of Saryu river. The solar city […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
Hyundai Eyes Expansion in India with Investment Worth INR 20,000 Cr in Tamil Nadu Updated On Fri, May 12th, 2023 by Saurenergy Korean automaker Hyundai Motor is intent on augment its Electric Vehicle (EV) market in India. The firm has said that it is looking to make an investment worth Rs 20,000 Cr for the upgradation of its facilities in Tamil Nadu. The investment will take place in a phased manner. Additionally, it has revealed that it […] Read more
Solis Launches New Advanced Power Hybrid Inverter ‘S6’ Updated On Thu, May 11th, 2023 by Saurenergy Chinese solar and energy storage solutions major Solis recently launched its latest advanced power hybrid inverter, ‘S6’. The company said that these inverters could work well with both lead acid batteries and lithium-ion batteries. Solis said that the S6 inverters allow automatic switching of UPS and up to 10 seconds of 200 percent surge of […] Read more
