Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more
Exicom Launches Battery R&D Center, Multi-Standard Chargers for EVs Updated On Thu, Oct 25th, 2018 by Saurenergy The new R&D Centre is equipped with state-of-the-art equipment and infrastructure for comprehensive evaluation of cell quality, battery pack design, rapid prototyping and reliability/ environmental testing, the company said in a statement. Gurgaon-headquartered Exicom has launched the Battery R&D Center and Multi-Standard Chargers for Electric Vehicles (EVs) in Bangalore. The new R&D Centre is equipped […] Read more
Magenta Power, MSEDCL Install India’s 1st EV Billing Meter Updated On Tue, Oct 16th, 2018 by Saurenergy With the support of the Government of Maharashtra and the MAITRI program and installation by MSEDCL, the state of Maharashtra has installed the first EV billing meter in the country. Adding another feather in its cap, Magenta Power has installed India’s first EV billing meter in association with MSEDCL (Maharashtra State Electricity Distribution Company Ltd). […] Read more
SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
Punjab Solar Energy Policy Updated On Mon, Oct 8th, 2018 by Saurenergy 1. OBJECTIVES Objective of the state solar policy include:- 1.1 Punjab has considerable potential in NRSE sector which is being harnessed. With a view to maximize the utilization of these resources; this policy aims to achieve the following objectives: To maximise and improve the share of new and renewable sources of energy to 10% of […] Read more
Entrepreneurs Display Interest in Solar Energy, EVs in Uttarakhand Updated On Sat, Sep 29th, 2018 by Saurenergy The push towards certain class of industry backing sustainability is also believed to have come with the new policies of the center and Uttarakhand Government. Entering into the group of states adopting measures to cut short on fossil fuel use, Uttarakhand, ahead of the investors’ summit to be held on October 7, has attracted a […] Read more
Tata Power, HPCL Ink Pact for Setting-up Commercial-Scale EV Charging Stations Updated On Thu, Sep 27th, 2018 by Saurenergy As per the deal, both the companies have agreed to collaborate in planning, development and operation of charging infrastructure for EVs (e-cars, e-rickshaws, e-bikes, e-buses, etc.), at suitable locations across India. Country’s one of the leading integrated power company Tata Power and Hindustan Petroleum Corporation (HPCL), a Navratna oil & gas PSU, has signed the […] Read more
Maharashtra Eyes Rs 25,000 Cr Investment in EV Segment Updated On Wed, Sep 26th, 2018 by Saurenergy Moreover, EESL will provide 1,000 such vehicles in phased manner on rent. The Chief Minister of Maharashtra Devendra Fadnavis has said that the state government has adopted a policy to promote electric vehicles (EV) and mulls to bring Rs 25,000 crore investment for their manufacturing. Fadnavis further said that its government is encouraging use of electric vehicles through […] Read more
