AMU Leasing Partners with EV Firms to Deploy Over 600 ICE-to-EV 3W Cargo Vehicles Updated On Thu, Mar 16th, 2023 by Saurenergy Non-banking financial company and Delhi-based EV-exclusive lending platform, AMU Leasing Pvt Ltd has joined forces with 3ev Industries Pvt Ltd and 3eco Systems Pvt Ltd. The collaboration looks to introduce a new initiative focussed on the deployment of more than 600 converted ICE-to-EV three-wheel L-5N cargo vehicles in India. This is to be achieved within […] Read more
India Adds Just 487 MW of Solar Capacity in February 2023 Updated On Thu, Mar 16th, 2023 by Saurenergy As per the latest figures of installed capacity of renewable energy released by the CEA (Central Electricity Authority), India’s solar capacity rose to a little over 64380 MW as on February 28, 2023. In January 2023, the total solar power capacity stood at a little more than 63893 MW. Thus, over the span of a […] Read more
Iberdrola Awards Contract to Haizea Group for 1400 MW Wind Farm in UK Updated On Thu, Mar 16th, 2023 by Saurenergy Spanish multinational electric utility Iberdrola has awarded a wind contract to Haizea Wind Group- a manufacturer of large metal structures for wind turbines. As per the pact, the manufacturer will supply 50 monopiles for Iberdrola’s 1400 MW East Anglia Three offshore wind farm located in UK. UK is currently the global leader when it comes […] Read more
Navisun Secures $235 Million to Fuel Solar Projects’ Growth Updated On Tue, Mar 14th, 2023 by Saurenergy Manhattan-based solar energy player Navisun LLC has announced that it has secured up to $235 million in debt financing through two facilities. Navisun is a solar independent power producer that co-develops, acquires, owns, and operates distributed and small utility-scale solar and storage projects. Navisun said that the financing will support its growth strategy, allowing it […] Read more
Himachal Pradesh Power Corp Invites Bids for Supply of 32 MW Solar Power Project Updated On Tue, Mar 14th, 2023 by Saurenergy Himachal Pradesh Power Corporation Limited (HPPCL) has invited bids for the design, supply, construction and erection, testing, commissioning and operation and maintenance for 8 years of 32 MW (AC) solar power project at Pekhubella, Una, Himachal Pradesh. The EMD is Rs 3.70 cr. The document fee is Rs 15,000. The last date for submission of […] Read more
Israeli Developer Econergy Gets EUR 30 Million from RGreen Invest Updated On Tue, Mar 14th, 2023 by Saurenergy Leading Israeli investor, developer and operator of renewable energy projects across Europe, Econergy Renewable Energy has received EUR 30 million which is a part of the company’s deal with French independent asset management firm RGreen Invest. Econergy and RGreen are long-term partners and the EUR 30 million is part of the total equity investment of […] Read more
Joy E-Bike’s Scale Neared Rs 200 Cr in FY22, Profits Grew 4.5X Updated On Fri, Mar 10th, 2023 by Saurenergy Wardwizard Innovations & Mobility Limited is one of the leading auto manufacturing companies in the electric vehicle segment under the brand name Joy e-bike. On the back of its rising demand for electric two wheelers, the firm saw its scale grow over four times during the fiscal year ending in March 2022. The mobility company […] Read more
“Maintenance of wind turbine blades must be condition-based, not time-based”, Mahesh Wagle, Cybernetik Updated On Fri, Mar 10th, 2023 by Saurenergy A three-decade old firm, Pune-based Cybernetik has been practively working to deliver customized automation and equipment solutions for the wind energy industry. With the EV sector gathering steam, Cybernetik has also shifted focus to build battery packs in the EV sector. The firm has in its list of clientele leading auto players such as Bajaj, […] Read more
Startup on Smart Grid Applications Probus Smart Things Raises $3 Mn Updated On Thu, Mar 9th, 2023 by Saurenergy Probus Smart Things, a startup on IoT communications and data analytics focused on smart grid applications has raised $3 million. Unicorn India Ventures and Family Office from the US lent support to the startup to raise this amount. The round also saw participation from existing investors. Unicorn India Ventures is a Mumbai-based early stage fund […] Read more