Energy Reforms Crucial For Re-elected Indian Govt: Report Updated On Thu, Jun 6th, 2019 by Saurenergy Further energy reforms are necessary for the newly re-elected Govt of India to meet its target of 275 GW from renewable energy sources by 2027. Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to […] Read more
EESL and AMC Partner to Promote EVs in Ahmedabad Updated On Wed, Jun 5th, 2019 by Saurenergy EESL has entered into a partnership with AMC to establish enabling infrastructure for Electric Vehicles (EVs) in Ahmedabad over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power, Government of India has entered into a partnership with the Ahmedabad Municipal Corporation (AMC) to establish enabling infrastructure for Electric Vehicles […] Read more
IIT-Delhi In Search of Foreign Scientists for EV Research Centre CART Updated On Mon, Jun 3rd, 2019 by Saurenergy IIT-Delhi is on the lookout for international experts in the field of electric vehicles to boost its Centre for Automotive Research and Tribology (CART). V Ramgopal Rao, IIT-Delhi director, said they are eyeing to recruit professionals from countries like the US in the newly-formed department along with industry experts. According to him, a team will […] Read more
Power Tariff Set For EV Charging Stations in Chandigarh Updated On Fri, May 31st, 2019 by Saurenergy In its first move, the Joint Electricity Regulatory Commission (JERC) has fixed tariff plan for electric vehicle charging stations in Chandigarh. Boosting the business side of adopting electric vehicles at various commercial and residential complexes, JERC has fixed a tariff plan for EV charging stations in Chandigarh. In its latest order, the regulatory commission has […] Read more
Ather Energy Raises $51 Million in Latest Round of Funding Updated On Thu, May 30th, 2019 by Saurenergy Bengaluru-based e-mobility startup, Ather Energy recently announced that it has raised an investment of $51 Mn in its latest round of funding, led by Sachin Bansal’s investment of $32 Mn. Ather Energy was one of the earliest start-up funding of Sachin Bansal when he invested $0.5 Mn in the firm as an Angel investor in […] Read more
EESL Registers 70% Consolidated Revenue Growth in FY19 Updated On Tue, May 28th, 2019 by Saurenergy EESL has announced standalone financial results for the fiscal year 2018-19, posting Revenue Growth of 70%. Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India), registered a revenue of Rs 1,935 crores in FY19, a 37% increase over the previous fiscal, and pre-tax earnings growth of 178% […] Read more
EVs to Dominate Global Passenger Cars, Buses Sales by 2040: BNEF Updated On Mon, May 27th, 2019 by Saurenergy However, the heavy trucks sales will be limited to only 19 per cent in 2040 and will prove the hardest segment for electrics to crack, and their use case will mostly be in shorter-distance applications. One of the leading research firm Bloomberg NEF (BNEF) in it’s annual outlook for 2019 has analysed that electric vehicles […] Read more
EVs, Batteries Can Drive Solar Rooftop Growth, Says Report Updated On Fri, May 24th, 2019 by Saurenergy In order to boost the growth of renewable energy including solar rooftop, the dropping costs of electric vehicles (EVs) and batteries with equal grid market access can be helpful, says the report released by the Institute for Energy Economics and Financial Analysis (IEEFA). This ‘Electric Vehicles and Batteries Can Drive Growth of Residential Solar’ report […] Read more
Zouk Capital Invest in Italian e-Mobility Firm BE Power Updated On Fri, May 24th, 2019 by Saurenergy UK-based infrastructure and private equity investor, Zouk Capital, recently announced that it had invested in BE Power, a subsidiary of Building Energy (BE), marking the entry of the UK fund into the Italian electric mobility market. Zouk Capital has acquired a majority stake in BE Power through a capital increase. The funding will allow BE […] Read more
