Tata Motors Launches New E-cargo Ace EV 1000 Updated On Thu, May 9th, 2024 by Saurenergy Tata Motors, an Indian commercial vehicle manufacturer, launched its all-new Ace EV 1000 an e-cargo mobility solution. The zero-emission mini-truck offers last-mile mobility, higher rated payload of 1 ton and a certified range of 161km on a single charge. The Ace EV is developed with inputs from its customers and the new variant to address […] Read more
Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
BII Invest $19 Mn To Expand CHARGE Zone Network In India Updated On Wed, May 1st, 2024 by Saurenergy CHARGE ZONE, secured a $19 million commitment from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. CHARGE ZONE, is an Indian electric vehicle (EV) charging network provider, and DFI is the UK’s development finance institution. This collaboration forms part of their long-term plan to create a network of one million […] Read more
FY24: REC Ltd Reports 125% Jump In Sanctions For Solar Projects Updated On Tue, Apr 30th, 2024 by Saurenergy REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) today presented its audited standalone and consolidated financial results for the quarter ended March 31, 2024 and FY24. REC Limited comes under the Ministry of Power. As per the details shared by REC Limited, it recorded its highest-ever annual profit. The media release from the company […] Read more
Ecofy & Vidyut To Offer Subscription-Based Battery-As-A-Service Model Updated On Tue, Apr 23rd, 2024 by Saurenergy Ecofy, a Non-Banking Financial Company (NBFC), and Vidyut, an EV ownership platform specialising in making electric three-wheeler acquisition more affordable have announced a partnership aimed at the electric vehicle market and sustainable transportation solutions. While Ecofy will finance the loan, Vidyut will offer a subscription-based battery-as-a-service model to ensure affordable EV solutions. Speaking on the […] Read more
Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet Updated On Tue, Apr 23rd, 2024 by Saurenergy Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […] Read more
Charging Firms, Energy Companies To Create UPI-Like Network for EV Charging Updated On Fri, Apr 19th, 2024 by Saurenergy Twenty Energy companies have come together to create an Alliance for an open energy network called the Unified Energy Interface (UEI). This UPI-like system is aimed at facilitating seamless payment and transaction interoperability within EV charging networks. The Alliance includes member companies like ChargeZone, Pulse Energy, Kazam, Sheru, Trinity, Turbo, etc. Leading public policy think […] Read more
Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos Updated On Mon, Apr 15th, 2024 by Saurenergy The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […] Read more
US SEC Disclosure Rules Lead Companies To Cut Emissions Faster Updated On Wed, Apr 10th, 2024 by Saurenergy The US Securities and Exchange Commission (SEC) approved a new rule mandating publicly traded companies to disclose their direct greenhouse gas emissions. According to the rules, the companies will have to disclose the audited financial statements and therefore in the scope of the registrant’s internal control over financial reporting. Further, climate-related disclosures in the registrant’s […] Read more
