Revfin Rings In $5 Mn From US International Development Finance Corporation Updated On Fri, Jun 9th, 2023 by Saurenergy Revfin Services Private Limited, which delves into the Indian EV financing space, has secured $5 million from the United States International Development Finance Corporation (DFC). The investment is part of DFC’s portfolio for ‘Impact and Innovation’ and seeks to promote inclusive financing for EV adoption in India. The funds raised from DFC will enable Revfin […] Read more
Tata Steel Goes With Tata Power For 966 MW RTC Renewable Supply Updated On Fri, Jun 9th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), through its subsidiary TP Vardhaman Surya Limited, has received a Letter of Award to set up 966 MW RTC (Round-the-clock) hybrid renewable power for Tata Steel. This is one of the biggest industrial RTC power PPAs under the group captive segment in the country. The project has the hybrid […] Read more
FIMER to Introduce PV & E-Mobility Solutions on European Stage Updated On Thu, Jun 8th, 2023 by Saurenergy Solar Inverter firm FIMER, confirming its presence at the largest European event dedicated to the energy sector, said that it is set to launch new solutions for the solar and EVI markets. These will be showcased at The Smarter Europe 2023 scheduled from the June 14 to 16, 2023 in Munich. FIMER Offerings The firm […] Read more
Charge+Zone Expects to Raise $125mn in Ongoing Series A2 Funding Round Updated On Thu, Jun 8th, 2023 by Saurenergy EV charging firm Charge+Zone, has reached completion on the first phase for the installation of more than 1,600 charging stations. These have been established across over 450 locations. At the same time, the firm has now set sights on raising $125mn crore in equity in an ongoing round of fundraising. The Founders of the firm […] Read more
RAMP In Alliance with Hala Mobility for Upkeep of EV Fleet Updated On Thu, Jun 8th, 2023 by Saurenergy RAMP GLOBAL, a cloud-based ecosystem for automotive aftermarket services has recently announced its strategic partnership with multi-modal ride-sharing platform Hala Mobility to foray into the maintenance, management, leasing and tracking of electric vehicles. It is the firm’s first move that aims to drive efficiency and reliability of solutions for EV adoption as a clean mobility […] Read more
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
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] 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
MG Motor India & LOHUM Collaborate for Second Life EV Battery Solution Updated On Mon, Jun 5th, 2023 by Saurenergy MG Motor India, an automobile brand has joined forces with Lohum, a producer of sustainable energy transition materials, to establish a comprehensive ecosystem for the reuse, and life cycle management of EV batteries. The partnership between MG India and Lohum aims to develop the concept of second-life solutions for batteries, ensuring their efficient utilization and […] Read more
