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Saera Electric Auto Anticipates 100% Rise in Sales

Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) anticipates a 2X increase in revenue by the end of FY ’22–23. In the first two-thirds of the current financial year, SEAPL has already surpassed the 182 Cr threshold, up from 152 Cr in the previous financial year. By March 2023, Saera Electric will have […]

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Servotech and NSEFI Signs Contract to Install a Solar-Powered EV Charging Carport

To complete the development of a solar-powered, EV charger-enabled carport as part of a pilot demonstration, NSE-listed Servotech Power Systems Limited has struck an agreement with the National Solar Energy Federation of India (NSEFI), one of the leading solar bodies of India. With the aid of this pilot project, NSEFI has given Servotech a platform […]

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Pan IIT Alumni Network Organises EV Conclave to Reflect on E-Mobility Ecosystem

To address the demand, difficulties, and opportunities in the engineering, production, and adoption of EVs, Pan IIT Alumni and Alumni Associations of IIT (BHU) Varanasi bodies organised “The Future Series, the EV Ecosystem Conclave” in Delhi. At the event, academics, policymakers, and experts from across the entire e-mobility ecosystem came together to discuss the importance […]

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CERC Orders MPPMCL & DMRC to Compensate ACME Solar

Following the Central Electricity Regulatory Commission’s (CERC) decision pronouncing that solar developers are entitled for compensation in lieu of greater expenses incurred ever since the GST was introduced, solar developer ACME Jaipur Solar Power has asked the Commission to give MPPMCL and DMRC instructions on how to pay the late payment and rate.  The Central […]

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Partners Group To Acquire RE Platform Sunsure Energy For $400 Million

Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […]

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Float by eBikeGo Reimagines EV in Hospitality

Noida-based eBikeGo electric two-wheeler mobility platform will soon introduce a new business model called “Float by eBikeGo”. This is an initiative to provide EV two-wheelers for visitors at various hotels and resorts in tourist areas. The tourism industry has recovered and experienced tremendous development following the simultaneous lockdown caused by the COVID 19 pandemic in […]

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MSEDCL Discovers Price of Rs 2.90/kWh In 500 MW Solar Tender

The Maharashtra State Electricity Distribution Company (MSEDCL) has discovered a best price of Rs 2.90/kWh for 100 MW out of the 500 MW it auctioned to secure 500 MW of long-term power from grid-connected intrastate solar projects. SolarArise was the lowest bidder,  while state owned SJVN Green Energy, and Tata Power subsidiary Tata Power Renewable […]

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Germany Looks to Fund India’s Energy Transition Projects with €1 billion

Germany has proposed to fund India’s energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding will pave the way for over 20 projects spread over […]

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Bengaluru’s SUN Mobility Looks Ahead With Fastest Charging Station in World

Investments in the EV sector are growing by the minute. In 2021, the sector saw investments worth $6 Bn. This number is expected to more than triple to $20 Bn by 2030. Against this backdrop, it’s no surprise that emobility firms are eyeing big projects and chasing gigantic targets. Bengaluru’s SUN Mobility, a leading provider […]

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