India is Power Surplus, E-Mobility Solutions in Interest of the Country: Gadkari Updated On Fri, Aug 7th, 2020 by Saurenergy Union Minister Nitin Gadkari believes India is power surplus so the benefits of e-mobility solutions are very much in the interest of the country. Union Minister for Road Transport and Highways, Minister of Shipping, and the Minister of Micro, Small and Medium Enterprises, Nitin Gadkari believes India is power surplus so the benefits of e-mobility […] Read more
Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility Updated On Thu, Jul 23rd, 2020 by Saurenergy Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […] Read more
Startup Feature – Energos Technologies Updated On Fri, May 29th, 2020 by Saurenergy Key operational areas (Products, Regions, Clients) – USA, India and Australia based Edge AI company, Energos is aiding the removal of humans’ reliance on old dirty centralised power grids, to usher in a new decarbonised, prosumer-based green energy economy by automation of autonomous self-optimising distributed energy systems. The company is working towards a ‘green internet’ […] Read more
BYD Receives Largest Order of Electric Buses in US History in LA Updated On Tue, Feb 25th, 2020 by Saurenergy The Los Angeles Department of Transportation (LA DOT) has placed the largest order for electric buses in US history with BYD for 134 buses. LA Mayor Eric Garcetti announced this week that the Los Angeles Department of Transportation (LADOT) has placed the largest order for electric buses in US history with BYD for 134 buses. […] Read more
Kochi Metro Issues EOI for Electric Vehicle Supply Equipment Updated On Wed, Feb 5th, 2020 by Saurenergy The Kochi Water Metro Project under the Kochi Metro has issued an EOI for the commissioning of electric vehicle supply equipment at Kochi, Kerala. The Kochi Water Metro Project under the Kochi Metro Rail Ltd (KMRL) has issued an Expression of Interest (EOI) for the commissioning of electric vehicle supply equipment (EVSE) including related Electrical […] 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
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
Gadkari Predicts: All Buses in India Will Switch to Electric in 2 Years Updated On Tue, Sep 24th, 2019 by Saurenergy Only electric buses will run across India in the next two years and that too without making it mandatory, Nitin Gadkari, India’s road transport and highways minister, said in New Delhi on Sept. 23. Speaking at an event on energy efficiency in micro, small and medium enterprises, Gadkari said that cost-saving in running Internal Combustion […] Read more