RattanIndia Acquires 100% Stake in Electric Bike Manufacturer Revolt Updated On Fri, Oct 7th, 2022 by Saurenergy Thermal power producing plant developer RattanIndia Enterprises Ltd announced that it is purchasing the remaining shares (owner of 100% stake) of electric motorcycle, bike manufacturer Revolt Motors at a time when environmentally conscious consumers are looking for alternatives to conventional vehicles. RattanIndia did not specify the size of the deal, although its shares rose 10% […] Read more
Green Marketplace Reneum Raises $4.1M Pre-Seed Funding Led by Ajeej Capital Updated On Fri, Oct 7th, 2022 by Saurenergy The blockchain-based green energy marketplace Reneum Institute has announced that it has secured a $4.1 million pre-seed funding round led by Ajeej Capital, a major player in the Dubai investment sector. Reneum just graduated from the polygon-backed accelerator program run by Outlier Ventures and is an investor. Reneum is additionally supported by the MENA and […] Read more
Coping With Volatility- The New Reality Of EPC Contracts Updated On Thu, Oct 6th, 2022 by Saurenergy Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […] Read more
European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen Updated On Thu, Oct 6th, 2022 by Saurenergy The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […] Read more
“Difficult” to Meet California Zero-Emission Requirements: Toyota President Updated On Mon, Oct 3rd, 2022 by Saurenergy Akio Toyoda, Toyota Motor President, has termed the achievement of California’s new zero-emission requirements (to put an end to sales of new gasoline-only vehicles by year 2035), as “difficult” to meet. “Realistically speaking, it seems rather difficult to really achieve them,” Toyoda stated through a translator at a roundtable interaction with reporters. Toyota’s EV Plans […] Read more
We Are Targetting Volumes of Nearly 175,000 Vehicles Yearly in Next 5-7 Years Updated On Mon, Oct 3rd, 2022 by Saurenergy EV startup, ElectronEV was founded in 2020 by Vinay Jayachand and Rakesh Koneru. Based out of Bay Area, USA and Hyderabad, the startup recently announced its entry into the Indian market. Its founder Vinay Jayachand brings to the table more than 11 years of experience in the automotive industry. Of this, he spent eight years […] Read more
US-Based ReneSola Power Acquires 50 MWp Solar Farm in UK Updated On Mon, Oct 3rd, 2022 by Saurenergy US-based ReneSola, which claims to be a leading fully integrated solar project developer, has announced that it has acquired a 50 MWp operational solar farm called ‘Project Branston’ that is located in Branston, Lincoln, United Kingdom. The solar project is acquired from British firm P&T Global Renewable Energy. ReneSola said that transaction was completed September […] Read more
JUMIA Partners with BILITI Electric to Include E-Vans in Delivery Fleet Updated On Sat, Oct 1st, 2022 by Saurenergy Nigeria based e-commerce company, JUMIA has announced a partnership with California-based EV solutions provider BILITI Electric, to add e-vans to its delivery fleet in Kenya. Through this collaboration, both companies have completed the pilot project, and are set to scale the fleet within Kenya in the first phase, and eventually across Africa. According to both […] Read more
Now Germany Adopts New Model For its Renewable Energy Tenders Updated On Fri, Sep 30th, 2022 by Saurenergy Three further initiatives to support Germany’s pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches. […] Read more
