Magenta Power Opens its First R&D Centre in Navi Mumbai Updated On Wed, Jan 15th, 2020 by Saurenergy Magenta Power has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in Navi Mumbai Mumbai based, Magenta Power (ChargeGrid), a leading EV charging solutions provider, has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in India. The new facility will help […] Read more
Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy Updated On Tue, Dec 17th, 2019 by Saurenergy Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […] Read more
Punjab in Talks With Japan for Launching Electric Buses Updated On Tue, Dec 3rd, 2019 by Saurenergy The Punjab government is in talks with Japan to launch electric buses based on the Japanese model of state-of-the-art quick charge lithium-ion batteries The Punjab government has informed that it is in talks with Japan to launch electric buses based on the Japanese model of state-of-the-art quick charge lithium-ion batteries in the state. The project will begin with […] Read more
In Conversation with Sudhir Aggarwal and Shival Garg of Patanjali Renewable Energy Updated On Wed, Nov 20th, 2019 by Saurenergy Patanjali Renewable Energy Pvt Ltd is a manufacturer of solar photovoltaic (PV) modules, solar street lights, solar water pumps, solar inverters, solar home lighting solutions etc. The company is also operating its retail chain called ‘Patanjali Urja Kendras’ in different parts of the country. It is also planning to venture into the Electric Vehicle […] Read more
French Energy Major EDF Bets on Storage With Pivot Power Buy Updated On Tue, Nov 5th, 2019 by Saurenergy French utility EDF continues to invest in a future where it expects storage to play a critical role, by acquiring UK battery storage firm Pivot Power. For EDF, the acquisition is another step in its effort to become a large scale storage firm. The takeover of Pivot Power also follows EDF’s acquisition in September 2018 […] Read more
CCI Okays Hyundai, Kia’s Stake Buy in ANI, Ola Electric Updated On Thu, Oct 31st, 2019 by Saurenergy The Competition Commission of India (CCI) has provided its nod for the acquisition of shareholding by Hyundai Motor and Kia Motors in Ola Electric Mobility and ANI Technologies. The Ministry of Corporate Affairs said in a statement that, “CCI approves the acquisition of shareholding in ANI Technologies Pvt Ltd (ANI) and Ola Electric Mobility Pvt […] Read more
To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL Updated On Thu, Oct 24th, 2019 by Saurenergy Governments, businesses and society as a whole need to change the prevailing mindset from ‘business-as-usual’ to ‘business-as-unusual’ to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, there’s a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization […] Read more
ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
Amid Motown Slowdown, Electric Two and Three-Wheelers Power Ahead Updated On Thu, Oct 3rd, 2019 by Saurenergy With nearly 80 percent of the vehicle market dominated by two and three-wheelers in India, tech start-ups have led the electric mobility space to manufacture electric two and three-wheelers and the ecosystem must-haves like battery swapping and charging setup. Government think tank Niti Aayog announced, and retracted quickly on a transition target from fossil fuel […] Read more
