FAME Scheme Phase II Supported 1.65 L EVs: Min of Heavy Ind Updated On Wed, Dec 1st, 2021 by Saurenergy About 1.65 lakh electric vehicles have been supported as on November 25 this year under Phase II of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) India scheme, Parliament was informed on Tuesday. The Ministry of Heavy Industries (MHI) formulated the scheme in March 2015 to promote adoption of electric/ hybrid vehicles (EVs) […] Read more
Goa Govt Approves E-mobility Policy, Targets 30% EV Adoption by 2025 Updated On Wed, Dec 1st, 2021 by Saurenergy With the objective of boosting adoption of electric vehicles (EV) to at least 30% by 2025, the state government has approved the Goa Electric Mobility Promotion Policy (GEMPP) 2021. The policy aims to create 10,000 direct and indirect jobs in the sector by 2025. With the focus on establishing Goa as a model of international […] Read more
Australian Researchers to Study How Tesla Car Batteries Can Power Grid Updated On Thu, Nov 18th, 2021 by Saurenergy Australia’s University of Queensland (UQ) has said that it would recruit Tesla Inc (TSLA.O) car owners around the world to analyse if the vehicle’s spare battery capacity could support the energy grid and even power homes in the future. The university has partnered with analytics platform Teslascope for the research project, which it said would […] Read more
Self Sustaining Off Grid Options In Remote Areas Can Lead To Technological As Well As Social Changes Updated On Fri, Nov 12th, 2021 by Saurenergy Ashutosh Verma, Founder at Exalta India, a startup focused on the sustainability space has seen the market evolve from solar powered devices to a demand for EV’s today. It’s a market where his firm has tried to offer a product for each need. We spoke to him about his firm, and plans for the future. […] Read more
Tata Power Q2 Results and Presentation. Profits Strong, Revenues Hit By Thermal Drop Updated On Fri, Oct 29th, 2021 by Saurenergy Tata Power Company Limited has reported Consolidated financial results for the period ended September 30, 2021. The firm, at the forefront of the transition to renewable energy from thermal power earlier, has been pushing aggressively to growth capacities, as well as integrate operations around renewable energy. The company reported total income of Rs.10187.33 crores during […] Read more
US Residential Solar Financier GoodLeap Raises $800m Updated On Mon, Oct 18th, 2021 by Saurenergy GoodLeap is set to expand beyond solar into the broader market for sustainable home improvement, options for carbon reduction and in the medium to long term, even EV’s and EV charging stations. The $800 m fund raise was led by MSD Partners, besides existing shareholders. With this fund raise, Goodleap’s valuation has risen to $12 […] Read more
Role of IoT in boosting Mass adoption of EVs in India Updated On Tue, Oct 12th, 2021 by Saurenergy Electric Vehicles (EVs) are the flavour of the season, and India is no exception. Rising fuel prices and commitment towards sustainable development goals is leading to a big push towards EVs. The EV market in India is expected to top USD 50 billion by 2030. After a temporary setback in the last 18 months, the […] Read more
EV Ride-hailing Startup BluSmart Raises $25 Mn in Series A Round Updated On Thu, Sep 30th, 2021 by Saurenergy BluSmart, an EV ride-hailing startup, has raised $25 million in its Series A round led by BP Ventures. Mayfield India Fund, 9Unicorns and Survam Partners along with existing investors have also joined the round. BP Ventures has led the round by putting $13 million in the current round. This is the first investment in an […] Read more
Mumbai’s BEST Issues Tender for 1,900 Electric Buses Updated On Tue, Sep 21st, 2021 by Saurenergy Mumbai’s BEST (the Brihanmumbai Electric Supply & Transport Undertaking) has issued tenders for procuring 1,900 fully electric buses, signalling one of the biggest electric bus fleet expansions in the country. It will issue tenders in the next few days for procuring 200 double deckers, which will also be fully electric, according to media reports. “We […] Read more
