IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
News In Brief- Shree Cement, Godawari Motors, Azerbaijan Solar Auction, US New Transmission Rule Updated On Fri, Apr 26th, 2024 by Saurenergy Shree Cement joins RE100 With Commitment to transition To 100% Renewable Electricity by 2050 Shree Cement, one of India’s largest cement producers with an installed capacity of over 56 MTPA, proudly announces its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 percent renewable […] Read more
Ecofy & Vidyut To Offer Subscription-Based Battery-As-A-Service Model Updated On Tue, Apr 23rd, 2024 by Saurenergy Ecofy, a Non-Banking Financial Company (NBFC), and Vidyut, an EV ownership platform specialising in making electric three-wheeler acquisition more affordable have announced a partnership aimed at the electric vehicle market and sustainable transportation solutions. While Ecofy will finance the loan, Vidyut will offer a subscription-based battery-as-a-service model to ensure affordable EV solutions. Speaking on the […] Read more
Green Mobility Firm Finayo Appoints Nitin Kant As Director Of Sales & Operations Updated On Thu, Apr 4th, 2024 by Saurenergy Gurugram-based green mobility firm Finayo has announced the appointment of Nitin Kant as Director of Sales & Operations. The company said in a statement that Nitin will be responsible for steering the company towards an exceptional growth trajectory by creating a top-notch strategy that focuses on effectively managing the platform’s entire portfolio. According to a […] Read more
MAHAPREIT Invites Bids To Set Up 350 EV Charging Stations Updated On Thu, Mar 28th, 2024 by Saurenergy Maharashtra’s Public Sector Undertaking (PSU) Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) and a subsidiary of MPBCDC invited e-Tender to set up EV Charging stations. The tender invited an open e-tender through an online submission under Part I (Technical Bid) on behalf of MAHAPREIT, Mumbai for the empanelment of agencies to set up […] Read more
RMI Releases Report On Mitigating Financial Risks In EV Lending Updated On Thu, Mar 21st, 2024 by Saurenergy The RMI released a report that sheds light on the challenges encountered in extending loans for internal combustion engine (ICE) two- and three-wheelers due to the prevalence of new-to-credit (NTC) borrowers. The report emphasizes mitigating risks in lending for the acceleration of electric vehicle (EV) adoption and provides an in-depth analysis of the financial landscape […] Read more
Revfin Inks Deal With Sun Mobility For EV Financing Updated On Wed, Mar 20th, 2024 by Saurenergy Electric Vehicle maker SUN Mobility and Revfin have collaborated to offering innovative financing solutions for fleet and passenger vehicles utilizing SUN Mobility’s Battery-as-a-Service (BaaS) model. Revfin will finance two-wheelers for fleet business and three-wheelers for cargo and passenger vehicle segments. SUN Mobility also plans to deploy almost 100k of these vehicles under the BaaS model, […] Read more
Okaya EV Chargers Gets HPCL Order For 600 EV Chargers Updated On Fri, Mar 15th, 2024 by Saurenergy Okaya EV Chargers has announced that it has secured an order for 600 EV chargers from Hindustan Petroleum Corporation Limited (HPCL). The order includes the installation of 60KW CCS2 Dual Gun and 120KW CCS2 Dual Gun chargers at various locations across India, stated the press release by the company. The company Okaya EV said, “These […] Read more
Greaves Finance, Muthoot Capital Sign Co-Lending Deal To Finance EVs Updated On Wed, Mar 13th, 2024 by Saurenergy Greaves Finance Limited an ev-focused lending platform partnered with Muthoot Capital Services Limited (MCSL) a non-banking financial company (NBFCs) to enter a co-lending arrangement. This arrangement has been made to increase the availability of electric two-wheeler financing solutions across India. Greaves Finance Limited is a non-banking financial company (NBFC) and a wholly owned subsidiary of […] Read more
