Tata Power-DDL to Set Up Battery Swap Points, Partners with SUN Mobility Updated On Thu, Mar 25th, 2021 by Saurenergy Tata Power-DDL, India’s leading power distribution utility in Delhi, has announced that it will be setting up a network of Battery Swap Points across North and North-West Delhi under its partnership with SUN Mobility, an energy mobility solutions provider. In collaboration with Tata Power-DDL, a joint venture of Tata Power and Govt. of NCT of […] Read more
JICA Signs Loan Agreement for JPY 10 billion with TCCL for Climate Change Management Project in India Updated On Thu, Mar 25th, 2021 by Saurenergy Japan International Cooperation Agency (JICA) signed a Loan Agreement for a maximum amount of JPY 10 billion with Indian Non-Banking Financial Company, Tata Cleantech Capital Limited (TCCL) to support the company to offer loans to businesses across India that focus on renewable energy generation, e-mobility solutions as well as energy efficiency, to help mitigate the […] Read more
Net-Zero Emissions in India Possible by 2050, but Challenging: Report Updated On Wed, Mar 24th, 2021 by Saurenergy A new report has assessed India’s technology & policy options if it were to accelerate its transition to a net-zero emissions system by 2050 To reach a net-zero emissions energy system by 2050, India needs a suitable policy and innovation-driven context to deploy clean energy technologies on a massive scale. It requires more and faster […] Read more
UK and India Working Together To Tackle Climate Crisis: Britain’s Minister Updated On Tue, Mar 23rd, 2021 by Saurenergy After a five-day tour of India, Britain’s Minister of State for South Asia, Lord Tariq Ahmad has said that UK and India are working to expand research and collaboration links to tackle climate change. Speaking on this two-nation partnership, Ahmad stated, “India has quadrupled wind and solar capacity in the last decade and committed to […] Read more
Sun Mobility Partners With Zyngo, Aiming 500 EVs by 2021 End Updated On Mon, Mar 22nd, 2021 by Saurenergy Bengaluru-based EV battery Swapping solutions provider Sun Mobility has announced that it has partnered with a pollution-free logistics provider Zyngo to facilitate Zyngo’s E-Loaders/E-Carriers with its EV battery swapping options. Sun Mobility will provide its services available at Indian Oil Corporation Ltd (IOCL) stations, to reinforce its last-mile delivery services. Both the companies announced their […] Read more
FREYR Issues Invitations to Tender for the Purchase of Battery Cell Production Equipment for Pilot Plant Updated On Sat, Mar 20th, 2021 by Saurenergy FREYR has issued Invitations to Tender for equipment packages needed for the battery cell production line for FREYR’s pilot plant in Mo i Rana, Norway. The announcement of the chosen supplier is targeted for the end of May 2021. “The pilot plant site is prepared so that the first stages of construction can begin. With […] Read more
Indian Oil – Phinergy JV Formed to Boost India’s Green Mobility Aspirations Updated On Fri, Mar 19th, 2021 by Saurenergy Indian Oil – Phinergy JV to manufacture Aluminium-Air systems and indigenous hydrogen storage solutions for promoting green mobility in India The Indian Oil Corporation (Indian Oil) has announced that it has established a Joint Venture (JV) with Israeli start-up company Phinergy which specialises in hybrid lithium-ion and aluminium-air/zinc-air battery systems. The IOC Phinergy Private Limited […] Read more
USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar Updated On Fri, Mar 19th, 2021 by Saurenergy USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
