Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more
Ather, SBI collaborate to Widen Financing Options for EV customers Updated On Fri, Jun 10th, 2022 by Saurenergy Electric two wheeler manufacturer Ather Energy and State Bank of India have announced that they are collaborating to provide financing options to interested buyers of the electric vehicles. Ather wants to ease the process of purchase of the electric scooter for its purchasers by using the massive reach of the SBI in India to provide […] Read more
Tata Motors Bags Biggest EV Fleet Order From BluSmart Updated On Mon, Jun 6th, 2022 by Saurenergy Close on the heels of the $50 million fund raise by BlueSmart, it has placed an order for 10,000 XPRES T EVs with Tata Motors, presently the largest four wheeler EV manufacturer and seller in the country,. This deployment of 10,000 units makes this the biggest ever EV fleet order in India. With deliveries […] Read more
Magenta ChargeGrid Crosses 100 Home EV Chargers Milestone in Delhi Updated On Wed, Jun 1st, 2022 by Saurenergy Magenta ChargeGrid has successfully installed around 116 EV chargers under the Delhi government Single window scheme. The chargers have been installed in several locations of Delhi such as Munirka, Chattarpur, Jamia Nagar, Vasant Kunj, Dwarka, Rohini and more. Magenta has been empaneled by three DISCOMs of Delhi including BRPL, BYPL and TPDDL for a period of […] Read more
eBikeGo, Log9 Materials In Partnership For 10-min Superfast Charging Technology for Velocipedo Updated On Tue, May 31st, 2022 by Saurenergy eBikeGo an electric two-wheeler mobility platform, has recently partnered with Bengaluru-headquartered advanced battery technology start-up Log9 Materials to launch their 10-minute Superfast Charging Technology (InstaCharge technology) for their upcoming electric trike, Velocipedo. Both the companies have entered into a long-term partnership by signing a Memorandum of Understanding (MOU). With this partnership, eBikeGo aims to disrupt […] Read more
Disruption In Supply Chain Doubles Downtime Days For Solar Developers Updated On Mon, May 30th, 2022 by Saurenergy Disruption in supply chain has reversed the downward trend in average business interruption (BI) claims for renewables developers, according to a report attributing the disruption in supply to surge in energy prices and the COVID-19 pandemic. The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide […] Read more
LML to enter EV segment; Plans 3 electric two-wheelers through Rs 350 cr investments Updated On Tue, May 24th, 2022 by Saurenergy Lohia Motors Ltd or what is popularly known as ‘LML’ has said that its planning to enter the electric vehicles segment by rolling out three electric two wheelers and will invest Rs 350 crore for the same, including a manufacturing facility. LML, or at least its old version, shut down in 2018, after a series […] Read more
Servotech Power Systems Ltd. Announces Results for FY22, Revenue rises 64% from FY21 Updated On Mon, May 23rd, 2022 by Saurenergy Servotech Power Systems Ltd. (NSE: SERVOTECH), a prominent manufacturer of Solar, LED, medical-grade, and electric vehicle (EV) charging solutions, presented its annual financial results for the year ended March 31, 2022 at its Board of Directors meeting on May 20, 2022. Servotech Power Systems Ltd. bagged an annual revenue of Rs. 14,425 lacs as against […] Read more
Buying An EV in India: Tax, Incentives, Rebates Updated On Mon, May 23rd, 2022 by Saurenergy Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […] Read more
