Five Reasons EVs Will Deliver On Their Clean Promise Updated On Thu, Jun 8th, 2023 by Saurenergy In Part 1 of this two-part series yesterday, we covered the various challenges to Electric Vehicles (EVs), especially regarding their green credentials. However, the EV juggernaut has only picked up speed in India, with the market leader, Tata Motors, which leads in the four-wheeler EV segment with their EV models-Tiago and Nexon is now all set to launch its […] Read more
Kumar Abhishek to Steer BattRE as New Chief Operations Officer Updated On Tue, Jun 6th, 2023 by Saurenergy Emobility firm BattRE has appointed Kumar Abhishek as its new Chief Operations Officer (COO). In the role, Abhishek will be responsible for steering the operations of BattRE Electric Mobility. Abhishek’s career spans over two decades of experience, entailing prominent roles at Hero Motocorp and Maruti Suzuki. At these firms, he was responsible for Supply Chain […] Read more
Tata Motors Confident Of Availing PLI Aid For Its EV Models Updated On Mon, Jun 5th, 2023 by Saurenergy Indian automotive giant Tata Motors seems confident to avail the benefits under the Production Linked Incentives (PLI) of the Indian government for all of its Electric Vehicle (EV) models. The firm’s top management expressed optimism on the issue with the specific changes in the scheme’s parameters and the auto firm’s preparedness. The issue was recently […] Read more
Second Phase of Expansion of EV Charging Stations in New Delhi Gets NDMC Nod Updated On Fri, May 26th, 2023 by Saurenergy The New Delhi Municipal Council (NDMC) has given its nod to a proposal on the establishment of additional electric vehicle (EV) charging stations in Delhi. This is the second phase of expansion for EV charging stations in the city. The NDMC gave its approval to the EV charging station in NDMC area as part of […] Read more
Iberdrola to Supply 250 GWh of Renewable Energy to Holcim Every Year Updated On Thu, May 25th, 2023 by Saurenergy Spanish energy conglomerate Iberdrola and sustainable building solutions provider Holcim have signed a major new clean energy PPA under which Iberdrola will provide Holcim with 250 GWh of renewable energy per year from its Baltic Eagle offshore windfarm in Germany. The two firms have also agreed to work together on a wide range of further […] 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
Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23 Updated On Thu, May 4th, 2023 by Saurenergy Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Tata Power said that its PAT rose […] Read more
How EVs Are Changing The Auto Sector Updated On Tue, Apr 25th, 2023 by Saurenergy In recent years, India has made rapid progress towards the adoption of electric vehicles (EVs) in the transportation sector. The movement started when the government announced an ambitious plan to achieve 30% EV penetration by 2030. The first major step was the introduction of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) Scheme in […] Read more
Log9 Commissions Its Commercial Lithium-Ion Cell Manufacturing Line In Bengaluru Updated On Fri, Apr 21st, 2023 by Saurenergy Log 9 Materials, a Bengaluru-based advanced battery technology solutions company, on Friday, commissioned India’s first commercial Lithium-ion battery manufacturing line at its Jakkur plant in Bengaluru. It is said to have a production capacity of 50 Megawatt-hour (MwH) annually. “Log9’s commercial Li-ion cell manufacturing line has an initial capacity of 50 MWh. This facility […] Read more