HPCL Tender Seeks Developer for 78 MW Renewable Energy Updated On Fri, Nov 24th, 2023 by Saurenergy Hindustan Petroleum Corporation Limited has issued a tender for the supply of 78 MW of renewable energy under long-term open access from projects located anywhere in India. The developer selected in the HPCL tender will be responsible for supplying power to HPCL’s refinery in Mumbai. The last day for the submission of bids for the […] Read more
Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
E-Mobility Startup Baaz Bikes Eyes New Subscription Models with $8 Mn Funding Updated On Tue, Nov 21st, 2023 by Saurenergy Baaz Bikes, an electric mobility platform that helps gig workers make deliveries by its in-house designed bikes supported by automated battery swapping infrastructure, has pocketed $8 Mn in its Series A funding round. The funding round was led by BIG Capital based in Singapore. It also saw participation from Japan-based Rakuten Capital, Kalaari Capital, 9Unicorns, […] Read more
CEA Propagates the Idea of Vehicle to Grid Updated On Wed, Nov 8th, 2023 by Saurenergy In March, the Ministry of Power had requested the CEA to frame guidelines for reverse charging of grid from batteries of electric vehicles (EVs). Accordingly, a committee was constituted by the CEA to analyze various aspects of reverse charging from EVs and present it to the committee, which saw participants from IIT Bombay, IIT Delhi, […] Read more
Omega Seiki Mobility Partners with Honda Power Pack Energy India for Swappable Batteries Updated On Mon, Oct 23rd, 2023 by Saurenergy Mobility solutions provider Omega Seiki Mobility Private Limited has joined hands with Honda Power Pack Energy India Private Limited for swappable battery technology. Honda Power Pack Energy is an arm of Honda Motor Co., Ltd. Under the partnership, Honda Power Pack Energy will be responsible for supplying Omega Seiki Mobility with swappable batteries. A network […] 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
WBSEDCL Invites Bids for Supply of Spare Parts for 225 MW Pumped Storage Project Updated On Mon, Sep 25th, 2023 by Saurenergy West Bengal State Electricity Distribution Company Limited (WBSEDCL) has issued a tender for the supply and delivery of spare parts of intercom system under the command area of Purulia Pumped Storage Project of 225 MW (4 x 225 MW) Site, Purulia, Bagmundi, West Bengal. The cost of the project is pegged at INR 170730. The […] Read more
Gogoro & Swiggy Announce Electric Vehicle Partnership in India Updated On Thu, Aug 17th, 2023 by Saurenergy Gogoro Inc. a firm that delves into battery-swapping ecosystems that enable sustainable mobility solutions for cities, has today announced an EV partnership with Swiggy, an on-demand convenience delivery platform. “Accelerating the electric transformation of India’s hyperlocal fleets is a top priority for Gogoro and India’s national and city governments. Partnering with Swiggy, a leading player […] Read more
Ola Electric Recorded Sales of Rs 373 Cr in Fy22, Even as Losses Rose 4X Updated On Thu, Aug 10th, 2023 by Saurenergy Market leader Ola Electric has finally filed its Fy22 numbers a year behind schedule. And the numbers don’t make for pleasant reading, if you are an accountant. However, with it’s leadership in the 2 wheeler segment well entrenched for now, the firm will be expected to report a stronger set of numbers for FY23, as […] Read more