KERC Approves a Late Solar Project with a Tariff of Rs 8.40/kWh Updated On Thu, Apr 1st, 2021 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has approved a tariff of Rs 8.40/kWh for a 3 MW solar power project of Cambria Solar Private Limited. As per the Solar Policy 2014-21, the project was given allotment under SRTPV Scheme by Karnataka Renewable Energy Development Limited (KREDL) on March 17, 2015. A power purchase agreement (PPA) […] Read more
Tata Power-DDL to Set Up Battery Swap Points, Partners with SUN Mobility Updated On Thu, Mar 25th, 2021 by Saurenergy Tata Power-DDL, India’s leading power distribution utility in Delhi, has announced that it will be setting up a network of Battery Swap Points across North and North-West Delhi under its partnership with SUN Mobility, an energy mobility solutions provider. In collaboration with Tata Power-DDL, a joint venture of Tata Power and Govt. of NCT of […] Read more
Bharti Airtel Increases Stake in Avaada SPV for Captive Solar Project Updated On Thu, Mar 25th, 2021 by Saurenergy Bharti Airtel has now acquired an additional 3.33% equity in the Avaada SPV – Avaada MHBuldhana for a reported Rs 2.914 crore. Bharti Airtel has announced that in furtherance to its acquisition of 5.2 percent equity shares in Avaada MHBuldhana Private Limited – a Special Purpose Vehicle (SPV) of the Avaada Group formed for the […] Read more
Sun Mobility Partners With Zyngo, Aiming 500 EVs by 2021 End Updated On Mon, Mar 22nd, 2021 by Saurenergy Bengaluru-based EV battery Swapping solutions provider Sun Mobility has announced that it has partnered with a pollution-free logistics provider Zyngo to facilitate Zyngo’s E-Loaders/E-Carriers with its EV battery swapping options. Sun Mobility will provide its services available at Indian Oil Corporation Ltd (IOCL) stations, to reinforce its last-mile delivery services. Both the companies announced their […] Read more
25% of Urban Population Lives in a City with RE Target, 18% in India: Report Updated On Fri, Mar 19th, 2021 by Saurenergy A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
Noon Energy’s Breakthrough Renewable Energy Storage Technology Lands $3M Seed Investment Updated On Wed, Mar 17th, 2021 by Saurenergy Noon Energy Inc., developer of a revolutionary ultra-low-cost battery technology for long-duration energy storage, closed a $3 million Seed stage investment. Prime Impact Fund led the round and was joined by At One Ventures, Collaborative Fund, and Xplorer Capital. “Long duration storage is the missing link to a fully renewable electric grid. This is a difficult challenge because storage times must be […] Read more
Indian E-Rickshaw Market to Expand to $1.39 Billion by 2025: Report Updated On Wed, Mar 10th, 2021 by Saurenergy India witnessed an exponential growth of electric rickshaws (e-rickshaw) since they first entered the Indian public transportation network. An E-rickshaw has always been an easy to go and cheaper option for the short-distance daily commute. Their cost effectiveness has also made e-rickshaw the preferred option for an ever larger section of society. Now, according to […] Read more
Bright future of Hydrogen Fuel Cells in India Updated On Sat, Feb 27th, 2021 by Saurenergy Road transport today is responsible for a significant and growing share of global anthropogenic emissions of CO2. Moreover, it is almost entirely dependent on oil-derived fuels and therefore highly vulnerable to possible oil price shocks and supply disruptions. Improving road transport requires all these issues to be addressed. Introducing alternative transport fuels and vehicles will […] Read more
