ADB Becomes Observer for the Network for Greening the Financial System Updated On Tue, Jul 7th, 2020 by Saurenergy ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […] Read more
Atlas and Dow Execute Large-Scale Solar PPA in Brazil Updated On Wed, Jul 1st, 2020 by Saurenergy Atlas Renewable Energy along with the American material science firm Dow has announced the signing of a large-scale solar energy contract in Brazil. Atlas Renewable Energy, a leading renewable energy company in Latin America, along with the American material science multinational company Dow has announced the signing of a large-scale solar energy contract in Brazil. The clean energy supply […] Read more
Yulu Secures Rs 30 Crore Funding Led by VC Firm Rocketship Updated On Wed, Jul 1st, 2020 by Saurenergy EV micro-mobility service provider Yulu has secured a fresh infusion of Rs 30 crores in equity funding led by US-based Rocketship and existing investors. Electric micro-mobility service provider Yulu recently announced that it has secured a fresh infusion of Rs 30 crores in equity funding led by US-based VC firm Rocketship and existing investors. The new investment received during the COVID-19 crisis, […] Read more
Xpeng Starts Delivery of its Intelligent EV Sports Sedan ‘P7’ Updated On Mon, Jun 29th, 2020 by Saurenergy Xpeng Motors has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of […] Read more
Hyundai, Kia & LG Chem Looking to Invest in EV and EV Battery Startups Updated On Tue, Jun 23rd, 2020 by Saurenergy Hyundai, Kia and LG Chem are jointly sponsoring a global competition to identify up to 10 EV and battery startups for potential investment and collaboration With demand for EVs growing, Hyundai Motor Company, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to […] Read more
NITI Aayog, ITF to Launch ‘Decarbonising Transport in India’ Project to Trim Carbon Emissions Updated On Mon, Jun 22nd, 2020 by Saurenergy Policy think tank NITI Aayog and International Transport Forum (ITF) will jointly launch “Decarbonising Transport in India” project on June 24, 2020, in order to develop a path for a low-carbon transport system for the country. Since 2008, India has been a member of ITF, an intergovernmental organisation for transport policy. Moreover, the public online launch […] Read more
SECI Disburses Rs 10.3 Cr in GST Claims to 6 SPDs in May Payments Updated On Tue, Jun 16th, 2020 by Saurenergy SECI has detailed that it has reimbursed six firms or SPDs (across their multiple subsidiary SPVs) for GST claims to the tune of Rs 10.35 crore. The Solar Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power […] Read more
EESL Plans to set-up 2000 EV Charging Stations in 2020-21 Updated On Mon, Jun 8th, 2020 by Saurenergy EESL will step up its efforts for the installation of EV charging stations in the country during 2020-21, with 2,000 charging facilities planned for the fiscal. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India, has announced its plans to step […] Read more
Tata Power to Expand EV Charger Network to 700 by FY21 Updated On Thu, May 28th, 2020 by Saurenergy In line with Tata Group’s ambition of expanding into e-mobility space via group companies, utility giant Tata Power on Thursday disclosed its substantial investment plan of expanding its network of smart electric vehicle (EV) charging points to around 700 by FY21. The country’s largest integrated utility company said in a statement that “as part of […] Read more