9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
Asia, America To The Rescue For German PV Machinery Makers Updated On Thu, Jul 20th, 2023 by Saurenergy A release from the VDMA ( German Mechanical Engineering Federation ) says that sequential sales and orders for Q1/2023 dropped 27% and 26% respectively for German solar PV equipment manufacturers. The drop was mainly due to drop in demand from the ‘home’ markets in the European Union (EU) . However, on a YoY basis, sales […] Read more
Five Indian EV Cab Companies Decarbonising Urban Transport Updated On Wed, Jul 19th, 2023 by Saurenergy In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, […] Read more
DelEVery Launches Its Flagship Electric Loader ‘XL200’ At Rs 1.14 L Updated On Wed, Jul 19th, 2023 by Saurenergy Tamil Nadu-based Future Motors Corporation’s commercial fleet ‘Delevery’ has unveiled its new flagship two-wheeler electric loader named XL 200. It has been crafted especially to cater to the loading and delivery needs of commercial businesses in the Indian market demands. The company has kept the ex-showroom price of the new product at Rs 1,14,900. It […] Read more
“We Expect TOPCON To Be The Leader For The Next 5-7 years”, S Vasanthi, Websol Energy Updated On Tue, Jul 18th, 2023 by Saurenergy S Vasanthi is a true solar veteran, thanks to her long association with one of the earliest solar manufacturers in India, Websol Energy System Limited. As the Chief Technical officer and director she has been instrumental in visualizing the company’s 1.8GW solar PV cells and 550 MW Module manufacturing capacity expansion at its Falta plant […] Read more
Have FTA Routes Become Conduits For Cheaper Solar Modules into India? Updated On Mon, Jul 17th, 2023 by Saurenergy Export-related data has revealed that during April and May of this fiscal year, the quantum of imports of solar modules from countries with which India has a free trade agreement (FTA) has increased significantly, with a 48% share of total solar imports. The sharp move is beginning to hurt domestic manufacturers yet again, as they […] Read more
CERC Grants Additional Time To HPX To Meet Min Net Worth Norm Updated On Mon, Jul 17th, 2023 by Saurenergy The Central Electricity Regulatory Authority (CERC), in its latest order, granted the Hindustan Power Exchange Limited (HPX) additional time to meet the minimum net worth norm. HPX is one of the few operational power exchanges in India. As per the CERC (Power Market) Regulations 2021, these power exchanges are bound to meet the minimum net worth […] Read more
India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report Updated On Fri, Jul 14th, 2023 by Saurenergy A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the […] Read more
Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24 Updated On Thu, Jul 13th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited today announced its First Quarter (Q1) Financial results today. Its total income consolidated (unaudited) came down from Rs 1,211.06 crore in Q1 of FY22-23 to Rs 522.35 crore in Q1 of FY 23-24, a plunge of 57 percent YoY. It also reported a sharp reduction of total expenses in […] Read more
