Battery Startup Log 9 Materials Raises $5 million from Amara Raja Batteries Updated On Mon, Aug 9th, 2021 by Saurenergy Bengaluru-headquartered advanced battery-tech Log 9 Materials has announced an equity partnership and collaboration with Amara Raja Batteries (ARBL), one of India’s largest manufacturers of industrial and automotive batteries. The deal involves an investment of $5 Million from Amara Raja Batteries during its ongoing Series A+ funding round. For ARBL, the investment follows the announcement of […] Read more
Mumbai Gets 35 electric Buses as Tata Motors Starts Delivery of 340 Bus Order Updated On Mon, Aug 9th, 2021 by Saurenergy Tata Motors, has delivered 35 state-of-the-art Starbus electric buses (e-bus) as a part of the larger order of 340 electric buses to Brihanmumbai Electric Supply and Transport (BEST). BEST is a civic transport and electricity provider public body based in Mumbai, Maharashtra. Tata Motors has undertaken to build, deploy, maintain and operate the complete charging […] Read more
Tata Power Q1 Results Strong, Key Highlights Updated On Mon, Aug 9th, 2021 by Saurenergy Tata Power announced its Q1 results on Friday. Consolidated net profit jumped nearly 74 per cent to ₹ 465.69 crore in the June 2021 quarter, as compared to ₹ 268.10 crore in the corresponding quarter of the last financial year. Total income during April-June 2021 increased to ₹10,145.89 crore, compared with ₹ 6,540.42 crore in […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more
Swiggy Pledges 8,00,000 Kms Daily on EVs by 2025 . Is It Ambitious Enough? Updated On Fri, Aug 6th, 2021 by Saurenergy India’s food delivery giant, SoftBank-backed Swiggy, has announced a slew of partnerships with various electric vehicle (EV) manufacturers in recent times to develop what it calls a sustainable, greener, and cost-effective solution for delivery fleets. Swiggy has started trials in Hyderabad, Delhi, and Bangalore of deploying EVs in its delivery fleets. These trials are the […] Read more
Indian Scientists Make Dendrite-free Zinc-iron Redox Flow Battery Updated On Fri, Aug 6th, 2021 by Saurenergy Indian scientists have created a redox flow battery based on zinc and iron, which showed strong storage characteristics and no signs of degradation over 30 charge-discharge cycles. Additionally, the battery did not show any signs of dendrite formation, overcoming one of the key challenges for redox-flow batteries based on these low-cost, abundant materials. The researchers […] Read more
CESC To Serve Chandigarh Power Needs, As It Wins Distribution License For the UT Updated On Thu, Aug 5th, 2021 by Saurenergy In a stock exchange filing, CESC Limited has informed that Eminent Electricity Distribution Ltd , its subsidiary has placed the highest bid of ₹871 crore to acquire the electricity distribution business for Chandigarh. CESC is the key discom for Kolkata already, besides some other circles. The bid was invited by Chandigarh’s engineering department as part […] Read more
India Added 601 MW C&I RE Generation Capacity in Q1 2021: Report Updated On Thu, Aug 5th, 2021 by Saurenergy BRIDGE TO INDIA has launched a new quarterly report titled “India Corporate Renewable Brief,” which provides a detailed regular update on key trends and developments in the rapidly growing C&I renewable market. The study includes details of capacity addition, key players, policy developments, equipment prices, financing deals and other market trends. The first edition of this report […] Read more
These 5 Firms Moved To Solar in 2021. How Many Will Follow? Updated On Wed, Aug 4th, 2021 by Saurenergy Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […] Read more