Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
Delhi Premium Bus Aggregator Policy Exempts E-Buses From Licence Fee Updated On Tue, Nov 21st, 2023 by Saurenergy The Delhi transport department issued its Premium Bus Aggregator Policy to pave the way for pre-booking of buses and aggregation. The new rules will govern the licensing of premium buses and their operation in the territory of Delhi. The notification defined an aggregator as “a digital intermediary or a fleet owner or a marketplace for a […] Read more
Servotech Introduces Subsidiary Delving in EV CPO Business Updated On Sat, Nov 11th, 2023 by Saurenergy Servotech Power Systems Ltd, India’s premier EV charger manufacturer, has declared the creation of its wholly owned subsidiary, Servotech EV Infra Pvt. Ltd. to foray into the EV Charge Point Operator business. The subsidiary will act as a CPO and install EV charging stations across India. Servotech EV Infra Pvt. Ltd. aims to establish 5000 […] 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
UPEIDA Issues RFS for Development of EV Public Charging Stations with Battery Swapping System Updated On Thu, Oct 26th, 2023 by Saurenergy UP Expressways Industrial Development Authority (UPEIDA) invites bids for the development of public charging stations including Battery Swapping System (optional, based on demand survey) for EVs through PPP mode along various Expressways in the State of Uttar Pradesh. The tender fee to be submitted by the bidder is INR 5,900. The bidder must submit the […] Read more
IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […] Read more
Servotech Power Systems Files Two Patents for Energy Management Technologies Updated On Wed, Oct 25th, 2023 by Saurenergy Servotech Power Systems, a manufacturer of EV chargers and solar solutions, has announced that it has filed two patents for innovative energy management technologies in order to facilitate grid service optimization through a battery energy storage system. These will also help effectively channel renewable energy into BESS for maximum value, enabling the transition to sustainable […] Read more
Ather Energy’s BIS Approved Charging Connector Promises Shake Up In Two Wheeler EVs Updated On Fri, Oct 20th, 2023 by Saurenergy In big news for the Indian EV ecosystem, the Bureau of Indian Standards (BIS) has approved the first-ever indigenously developed connector standard for two and three wheelers, developed by Ather Energy. The charging connector is expected to provide a strong fillip to the charging ecosystem for two wheelers especially, as the firm is clear it […] Read more
Bengaluru’s EV Infra Startup Bolt.Earth Rakes Up $20 Mn Funding Updated On Fri, Oct 6th, 2023 by Saurenergy EV infrastructure and software company Bolt.Earth has raised $20 million from Union Square Ventures, Prime Venture Partners and ITIGO Funds, among others. Union Square and Prime Venture Partners had already backed the Bengaluru-based startup during its Series A round of $4 million in September 2021. The company then rebranded itself from Revos to Bolt.Earth. The company said […] Read more
