In a Bid to Automate Pune Manufacturing Unit, Sunlit Power Makes INR 100 Cr Investment Updated On Mon, May 1st, 2023 by Saurenergy Sunlit Power, which manufactures batteries under brand name ARENQ, has announced its plans to invest INR 100 crore over the next two years to set up an automated manufacturing unit in Pune. It will be commissioned by October 2023. With an existing sales and service branch in Thiruvananthapuram, the company also plans to expand its […] Read more
50% Of India’s 3-Wheeler Registrations In 2022 Were Electric, Says IEA Report Updated On Thu, Apr 27th, 2023 by Saurenergy A latest global report on Electric Vehicles (EVs) by the International Energy Agency (IEA) claimed that around half of India’s three-wheeler registrations in 2022 were electric, hinting at the increased penetration of electric mobility in the country. The report said that sales of electric 3-wheelers in both passenger and cargo segments touched 4,25,000 units in 2022. […] Read more
Uttar Pradesh Registers 144% Jump In Electric Vehicle Registrations In One Year Updated On Tue, Apr 25th, 2023 by Saurenergy The World Resource Institute (WRI)-India claimed that the registration of Electric Vehicles (EVs) in Uttar Pradesh UP) in the last year had witnessed a jump of 144 percent. The data shared by the clean energy think tank claimed that the three-wheelers segment of EVs in the state is spearheading the EV market share in the […] Read more
How EVs Are Changing The Auto Sector Updated On Tue, Apr 25th, 2023 by Saurenergy In recent years, India has made rapid progress towards the adoption of electric vehicles (EVs) in the transportation sector. The movement started when the government announced an ambitious plan to achieve 30% EV penetration by 2030. The first major step was the introduction of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) Scheme in […] Read more
Engineer/Sr. Engineer Hardware Design & Machine automation Updated On Wed, Apr 19th, 2023 by Saurenergy Design and develop embedded systems for automated product quality tester on assembly lines Handle installation and commissioning of integrated product tester/electronic systems including power management, wiring, PCB layouts, etc Work with domestic and global cross functional teams such as mechanical, software, product design, manufacturing, sourcing etc to provide expert support in Software & Hardware Integration […] Read more
Ryse Energy Raises $15 Million in Growth Capital Round Updated On Tue, Apr 11th, 2023 by Saurenergy Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […] Read more
In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin Updated On Mon, Apr 10th, 2023 by Saurenergy EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […] Read more
Sushil Virmani is New Managing Director of Best Power Equipments (BPE) Updated On Mon, Apr 3rd, 2023 by Saurenergy End-to-end strategic power solutions manufacturer Best Power Equipments Pvt Ltd (BPE) has appointed Sushil Virmani as the Managing Director of the company. The company said that Sushil Virmani, a veteran of the power industry, will be instrumental in fueling the growth of BPE as a global player. Before this, Virmani was the MD of Socomec […] Read more
FY23’s Final Big Tender Is SECI’s Tender For 2000 MW ISTS Connected Solar Projects Updated On Fri, Mar 31st, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued atender for the selection of solar power developers for setting up of 2000 MW (2GW) inter-state transmission system ISTS-connected solar power projects in India. The tender is issued for Tranche XI. The tender follows a noticeable slowdown in fresh issue of tenders, as SECI focused on […] Read more