EV Ride Hailing Service BluSmart Rakes Up $42M to Augment Operations Updated On Fri, May 5th, 2023 by Saurenergy EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand fleet to 10,000 over the next year. BluSmart boasts of […] Read more
PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles Updated On Fri, Apr 21st, 2023 by Saurenergy CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […] Read more
Ford Motors Signs 650 MW PPA With US Energy Company DTE Energy Updated On Fri, Aug 12th, 2022 by Saurenergy America-based automobile manufacturer giant, Ford Motors Company has announced that it will soon be able to credit 100% of its electricity supply in Michigan to sustainable energy thanks to a new clean energy deal with DTE Energy. By the new deal disclosed today, DTE will increase Ford’s solar energy capacity in Michigan by 650 megawatts […] Read more
BluSmart raises $50 million to expand its electric car fleet Updated On Wed, May 25th, 2022 by Saurenergy BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […] Read more
REC Power Development Seeks Consultant for Floating Solar Park in Delhi Updated On Tue, Feb 22nd, 2022 by Saurenergy REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Ltd., has invited online bids for the selection of technical consultant who would provide consultancy services for a floating solar project located in New Delhi. The last date for the submission of e-bids is February 25, 2022, till 3 PM. REC Limited, formerly Rural […] Read more
Solar O&M Gets Set For The Big League In India Updated On Mon, Apr 19th, 2021 by Saurenergy As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […] Read more
The Solar Foundation: Solar Structures Need Attention Updated On Wed, Jul 29th, 2020 by Saurenergy As India’s solar march has gone on, from 2 GW to a possible 42 GW by the end of this year, it’s interesting to see just what got the headlines within the sector. It has undoubtedly been modules, cells and inverters, in that order. What has been missed out is in fact, as important. Yes, […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
BSES and Ola Electric Mobility to set up EV Battery Swapping Stations Updated On Tue, Nov 26th, 2019 by Saurenergy BSES will set up EV battery swapping stations in New Delhi for two and three-wheelers in collaboration with Ola Electric Mobility. Delhi-based power Discoms BSES Yamuna Power Limited (BYPL) and BSES Rajdhani (BRPL) have announced that they will set up EV battery swapping stations in New Delhi for two and three-wheelers in collaboration with Ola […] Read more
