Magenta Mobility Gets Capital Infusion of $22 Mn From bp, Morgan Stanley India Infra Updated On Wed, Apr 5th, 2023 by Saurenergy Electric mobility solutions provider Magenta Mobility has revealed that it has concluded a Series A1 funding round, which has rung in USD 22 million equity investment coming in from UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund. The firm has shared that with the freshly infused capital, it will look at fleet and geographical […] Read more
EDF Renewables to Develop 425 MW Solar Power in Indiana Updated On Wed, Apr 5th, 2023 by Saurenergy EDF Renewables North America has announced that it has signed two agreements with Indiana Michigan Power (I&M), a subsidiary of American Electric Power (AEP), delivering and helping I&M to add 425 MWac (554 MWdc) of solar energy to its clean energy mix. EDF Renewables held that in the scheme of things, I&M will purchase the […] Read more
Rayzon Solar Eyes 2500 MW in India, 500 MW Capacity in USA Updated On Tue, Apr 4th, 2023 by Saurenergy Solar manufacturing firm Rayzon Solar claims to have become the first Indian firm to manufacture and produce solar panels in the USA. Currently on an expansion spree, Rayzon Solar has set sights on augmenting its manufacturing capacity to 2500 MW in India and to start manufacturing of 500 MW in the USA. Under its expansion […] Read more
India To Become World’s Second-Largest Solar PV Manufacturer By 2026: Study Updated On Tue, Apr 4th, 2023 by Saurenergy A recent joint study by the Institute of Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claims that India will likely become the second-largest solar photovoltaic (PV) module manufacturer by 2026. The report claimed that India’s total module manufacturing capacity more than doubled from 18 Gigawatt (GW) in March 2022 to 38 GW […] Read more
Vibrant Energy Places 130 MW Order with Vestas for Indian Projects Updated On Tue, Apr 4th, 2023 by Saurenergy Danish wind energy major Vestas and Hyderabad-based Vibrant Energy have signed a deal for two wind projects in India. As part of the order, Vestas will supply a total of 36 units of V155-3.6 MW turbines. Vestas said that this is its second order from Vibrant Energy in India in less than a year. With […] Read more
South Pole And Oorja To Use New D-RECs For India’s Diesel Problem Updated On Mon, Apr 3rd, 2023 by Saurenergy The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […] Read more
India’s Energy Transition – State of Play and Interesting Lead Indicators Updated On Fri, Mar 31st, 2023 by Saurenergy Energy Transition has transformed from mere buzz word a decade ago to a ray of hope for our future. A nation’s energy transition journey encapsulates a wide gamut of subjects – policies, schemes, finances, economic growth, technology. In a series of articles to be published, we will explore these subjects pertaining to India. But from […] Read more
Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways Updated On Thu, Mar 30th, 2023 by Saurenergy Read more
Fujiyama Launches 5 New E-Scooters in India with Prices Starting Rs 49,499 Updated On Thu, Mar 30th, 2023 by Saurenergy India’s e-scooter manufacturing firm, Fujiyama has introduced five electric scooters in India. The firm will begin with introductory offer prices ranging between Rs 49,499 to Rs 99,999 for the e-scooters. Amongst the five models launched, four are low-speed models viz. Spectra Pro, Spectra, Vespar, Thunder models. One is a high-speed model called Ozone+. As per […] Read more
