“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration” Updated On Fri, Jul 1st, 2022 by Saurenergy Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […] Read more
Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC), which had in an order on May 6 directed the Power Exchanges to cap power trading prices at Rs 12 till June 30, has extended the order to September 30 now. The order applies to trading in the Day Ahead market (DAM including Green DAM), RTM, Intra-day, Day Ahead […] Read more
Electric Pickup Trucks: Everything That Concerns You Updated On Thu, Jun 30th, 2022 by Saurenergy Times are changing, and electric vehicles are inexorably gaining in popularity. Consumers seek an alternative to the high gas prices which is sustainable, and automakers push to reduce private transportation’s dependence on fossil fuels. Electrification of mobility efforts started with hatchbacks, sedans, and even crossover SUVs. The wave finally hit one of the world’s most […] Read more
UPERC Mulls Introduction Of Green Tariff In Uttar Pradesh Updated On Wed, Jun 29th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) informed the State Advisory Committee (SAC) members during a meeting that a green tariff may soon be implemented for the industrial and the commercial users to receive up to 100% of their electricity from renewable sources despite higher price. In a news item published on June 29, the […] Read more
Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others Updated On Wed, Jun 29th, 2022 by Saurenergy US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment. With the help of this growth equity investment from TPG Rise & Others, Intersect […] Read more
Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange Updated On Wed, Jun 29th, 2022 by Saurenergy The start of operations at India’s third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERC’s approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the […] Read more
The Top 5: If Picking An EV Truck, Make It One OF These Updated On Tue, Jun 28th, 2022 by Saurenergy Electric mobility has emerged as the most promising alternative to conventional ICE vehicles. The global automotive market is pushing for electric mobility at record rates The electric vehicle is clearly influencing two-wheeler and four-wheeler markets while having already made a significant impact on three-wheelers. Similarly, EV pickup trucks has also not remained a novel concept […] Read more
Battery Smart Raises $25 Million Funding Led by Tiger Global Updated On Tue, Jun 28th, 2022 by Saurenergy Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global. Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […] Read more
Battery Swapping Primer: A Viable Alternative to Charging Stations Updated On Mon, Jun 27th, 2022 by Saurenergy Battery swapping can be a game-changer, bringing the world a few steps closer to electric vehicles. It has the potential to enhance the attractiveness of electric mobility by addressing both the early market purchase price disparities with conventional vehicles and, importantly, the recharging time challenges of electric vehicles (EVs). A swap station offers a fully […] Read more
