ProsParity Raises $2 Mn Pre-Seed EV Fund From Global Investors Updated On Thu, May 23rd, 2024 by Saurenergy ProsParity, a fintech platform involved in the distribution of credit in the electric mobility sector, has raised a $2 million pre-seed funding round from global institutional investors. These financial investors are BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. BEENEXT is a Venture Capital fund managed by serial entrepreneurs ProsParity is an end-to-end electric […] Read more
Sterling and Wilson Renewable’s Shilpa Urhekar Joins Gensol as CEO Updated On Tue, May 21st, 2024 by Saurenergy Shilpa Urhekar, previously, the Country Head (India) at Sterling and Wilson Renewable Energy has joined Gensol Engineering Limited, which specialises in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Ali Imran Naqvi who has been […] Read more
Tata Motors, Bajaj Finance Tie-up For Boosting EV Financing Updated On Mon, May 20th, 2024 by Saurenergy In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) – subsidiaries of Tata Motors, have joined hands with Bajaj Finance, part of Bajaj Finserv Ltd., one of diversified financial services groups. This partnership extends supply chain finance solutions to its […] Read more
Exicom Launches DC Chargers With Power Outputs Up To 400kW Updated On Wed, May 15th, 2024 by Saurenergy Exicom, an electric vehicle (EV) charging and critical power solutions provider in India, launched fast DC Chargers up to 400kW. The newly launched Harmony Gen 1.5 DC Fast Chargers are bundled with a range of advanced features including an advanced AI-driven remote management system. It has high operational efficiency, integrated ambient lighting, and many features […] Read more
Gensol Engineering Appoints Rajesh Jain As Independent Director Updated On Mon, May 13th, 2024 by Saurenergy Renewable energy and electric mobility company Gensol Engineering Limited has announced the appointment of Rajesh Jain as a new independent director on its board. According to the statement by Gensol Engineering Jain brings a wealth of experience, having recently retired from Walker Chandiok & Co LLP after over two decades, where he significantly contributed to […] Read more
News In Brief May 8- GEAPP, Battery Smart, AEROCOMPACT, ESRI Updated On Wed, May 8th, 2024 by Saurenergy GEAPP Launches Climate Africa Warsha to Advance Renewable Energy Reporting The Global Energy Alliance for People and Planet (GEAPP) and its alliance partners hosted the inaugural Climate Africa Warsha on World Press Freedom Day. The “Warsha” which means ‘workshop’ in Swahili creates a platform where journalists can connect with key renewable energy stakeholders, equipping them […] Read more
BII Invest $19 Mn To Expand CHARGE Zone Network In India Updated On Wed, May 1st, 2024 by Saurenergy CHARGE ZONE, secured a $19 million commitment from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. CHARGE ZONE, is an Indian electric vehicle (EV) charging network provider, and DFI is the UK’s development finance institution. This collaboration forms part of their long-term plan to create a network of one million […] Read more
FY24: REC Ltd Reports 125% Jump In Sanctions For Solar Projects Updated On Tue, Apr 30th, 2024 by Saurenergy REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) today presented its audited standalone and consolidated financial results for the quarter ended March 31, 2024 and FY24. REC Limited comes under the Ministry of Power. As per the details shared by REC Limited, it recorded its highest-ever annual profit. The media release from the company […] Read more
MG Motors Establishes 500 EV Chargers In 500 Days In India Updated On Fri, Apr 26th, 2024 by Saurenergy MG Motors in India has announced that it has set up 500 chargers in 500 days as part of its MG Charge initiative in India. Gaurav Gupta, Chief Growth Officer, MG Motor India said, “MG aspires to do more than provide cutting-edge electric vehicles. This landmark of installing 500 chargers in as many days underscores […] Read more
