Gensol Engineering Reports 24% Growth in PAT in H1 of FY24 Updated On Wed, Nov 8th, 2023 by Saurenergy Public-listed renewable company–Gensol Engineering Limited released its latest consolidated financial results for the first half of the year and quarter ending September 30, 2023. As per the financial statements of the firm, it reported an 88 percent increase in its revenue in the H1 of FY23 compared to the last H1 of FY23. Founded in […] Read more
Solar Power To Fuel Lalitpur’s Bulk Drug Park In Uttar Pradesh Updated On Tue, Nov 7th, 2023 by Saurenergy The Uttar Pradesh government has now embarked on a journey to set up of a large scale solar plant at Bulk Drug Park in Lalitpur in the state, a media release from the government said. These plants are part of government’s action plan for installing large-scale solar plants, and making them operational in the state. […] Read more
Altigreen & Bolt.Earth Sets Sights on Deployment of 100 3.3 kW Charging Stations Updated On Fri, Nov 3rd, 2023 by Saurenergy Altigreen, which manufactures electric vehicles designed for last-mile applications, has entered into an agreement with Bolt.Earth, a firm which provides electric vehicle charging infrastructure. The two firms have together set sights on the deployment of a hundred 3.3 kW charging stations for electric three-wheelers within a month. Further, they intend to set up more than […] Read more
IRA Can Lead To Creation of 4L Jobs In US, Says Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […] Read more
AMU Leasing Pvt. Ltd Updated On Wed, Nov 1st, 2023 by Saurenergy About us AMU Leasing is a next-generation tech-driven NBFC registered as a loan company in New Delhi. It was founded in 1993 and the RBI license was acquired in 2014. Presently, AMU is a leading player in the BFSI industry, known for its commitment to Sustainable Development Financing with anchor services in Electric Vehicle (EV) […] Read more
Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23 Updated On Tue, Oct 31st, 2023 by Saurenergy Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged […] Read more
Stalemate Over EV Charging Stations Finally Sees Action in Chandigarh Updated On Tue, Oct 31st, 2023 by Saurenergy The three-month long conflict between Chandigarh administration and the municipal corporation (MC) has finally been settled after a committee formed by the MC gave its nod to multiple sites for the establishment of 44 electric vehicle charging stations in 32 parking lots. Now, 177 charging ports across the said EV charging stations will be set […] Read more
Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries Updated On Fri, Oct 27th, 2023 by Saurenergy Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […] Read more
Battery Waste Management Rules 2023 Laid Down Updated On Fri, Oct 27th, 2023 by Saurenergy The Ministry of Environment, Forest & Climate Change has issued Battery Waste Management (Amendment) Rules, 2023 (BWMR 2023). The BWMR 2023 lays down the mandatory waste battery collection, recycling or refurbishment targets for electric vehicles battery of three wheelers, including E-rickshaw, categories L5, L5-M, L5-N, E-cart. Compliance Cycle: 2026-27, 2032-33 For the year 2026-2027, the […] Read more