EVIFY Raises $1.3 Million From Piper Serica Angel Fund Updated On Thu, Jan 11th, 2024 by Saurenergy EVIFY, a Surat-based Electric Vehicle (EV) logistics startup, has announced that it raised $1.3 million in funding in a ‘Pre-Series A’ round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors, ‘We Founder Circle’ and ‘IVY Growth’, along with a few angel investors, also participated in the round. The startup, EVIFY […] Read more
CERC Awards Compensation To Torrent Power Over Surged GST Rates Updated On Wed, Jan 10th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, awarded compensation to a subsidiary of Torrent Power against the rise of Goods and Services Tax (GST). Its subsidiary– Torrent Solargen Limited (TSL), is a generating company. It had set up its 115 MW ISTS-connected wind power project in the Kutch district of Gujarat. The company […] Read more
Assam Launches App-Based Electric Bike Booking System Updated On Wed, Jan 10th, 2024 by Saurenergy The Assam State Corporation of India (ASTC) has developed an online mobile application (app – based service) to book electric bike for its cities with the support of Bycosi Ecotech Pvt Ltd, a Guwahati-based social enterprise. Assam has already rolled out electric buses earlier with the partnership from Tata Motors. It has now introduced electric […] Read more
Germany’s Renewable Energy Capacity Increased By 12% YoY Updated On Tue, Jan 9th, 2024 by Saurenergy The Bundesnetzagentur, a German energy regulatory office in its preliminary figures on growth in renewable capacity in 2023, found an increase in Renewable Energy (RE) installed capacity by 17 gigawatts (GW). This represents a year-on-year (YoY) increase of 12%. The increase is mainly accounted for by solar and wind. According to this data shared by Bundesnetzagentur […] Read more
NTPC Issues Bid For Green Hydrogen Component Makers In AP’s Proposed Industrial Hub Updated On Mon, Jan 8th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL) has now issued a global tender seeking bids from manufacturing companies. The renewable arm of the NTPC said that applicants dealing with the manufacturing of products used in the generation and storage of Green Hydrogen and its derivatives could apply. NTPC Green wants to rope in such firms to set […] Read more
Serentica Renewables In INR 3500 Cr Debt Deal For Its 530 MW RTC Project Updated On Mon, Jan 8th, 2024 by Saurenergy Serentica Renewables, which has quickly emerged as a leading C&I focused renewable energy developer in India within 2 years, announced the signing of its first international and commercial bank foreign currency loan worth INR 3500 crores (US$425 million) for its Round-The-Clock renewable energy project in India. The transaction brings together a consortium of three international […] Read more
Germany’s Renewable Energy Generation Witnesses 5% Rise YoY Updated On Mon, Jan 8th, 2024 by Saurenergy The Bundesnetzagentur, a German energy regulatory office published its electricity market data for 2023. In mentioned an increase in share of renewable energy generation in 2023, especially in the market share of the grid load. It estimated that the electricity generated from renewable sources stood at 55.0 percent, a rise from 48.42% in 2022. It […] Read more
Hyundai Motor, Kia to Develop Technology For Hydrogen Fuel Cells Updated On Fri, Jan 5th, 2024 by Saurenergy Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia) and W. L. Gore & Associates (Gore) have signed an agreement at the Mabuk Eco-Friendly R&D Center, Korea, to collaborate on the development of advanced polymer electrolyte membrane (PEM) for hydrogen fuel cell systems. The joint effort between the parties will encompass key aspects of PEM development. […] Read more
AGM – Sales & BD – Solar (International) Updated On Fri, Jan 5th, 2024 by Saurenergy Formulate global market strategy and support ReNew’s efforts to expand market presence and growth in US and Europe Researching, identifying, sourcing, generating and classifying new sales opportunities for Solar Mfg Business (Module Sales) in the International Market (US, EUROPE etc) Stay informed about international regulatory frameworks, standards, and requirements pertaining to renewable energy in above […] Read more
