ECA Committee for Risk Assessment Wants Lithium Salts to be in Category 1A Updated On Thu, Jul 7th, 2022 by Saurenergy A major international chemical maker has warned that new draft proposals labeling some materials as “hazardous” could impact negatively investments in the lead and lithium battery sectors in Europe. The European Union (ECA Committee) was forewarned by lithium and battery manufacturers that a proposal to label the metal as hazardous may seriously harm Europe’s expanding […] Read more
Urban Mining Startup Metastable Materials Raises Pre-Seed Funding Updated On Thu, Jun 30th, 2022 by Saurenergy In its maiden fundraising round, Bengaluru-based urban mining startup Metastable Materials has raised an undisclosed amount of pre-seed funding from a clutch of angel investors and venture capital firms. The pre-seed round was led by Akshay Singhal and Kartik Hajela, Co-Founders of Log9 Materials – an advanced EV battery-technology and battery manufacturing company. Archana Priyadarshini, […] 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 $7 […] Read more
EV Tech Start-up Matter Closes US$ 10 million Round Updated On Fri, Jun 24th, 2022 by Saurenergy Ahmedabad based Matter, a vertically integrated product tech start-up focused on electric mobility and energy storage, has raised an initial US$ 10 million in its latest round of funding. The round drew interest from a diverse set of investors including Capital 2B, a technology fund backed by Infoedge, Climate Angels Fund, and other marquee Indian […] Read more
NTPC Sets In Motion Commercial Operations Of 15 MW Kawas Solar Updated On Wed, Jun 15th, 2022 by Saurenergy State-owned NTPC has started commercial operations of its 15 MW solar capacity at Kawas Solar Project in Gujarat on June 15. A statement released by the company reads, “…second part capacity of 15 MW out of 56 MW Kawas Solar PV Project at Kawas is declared on commercial operation with effect from 00:00 hours of […] Read more
BluSmart raises $50 million to expand its electric car fleet Updated On Wed, May 25th, 2022 by Saurenergy BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […] Read more
NTPC beings commercial operation of 20 MW solar capacity at Kawas Updated On Mon, May 16th, 2022 by Saurenergy National Thermal Power Corporation (NTPC), the state owned power producer – has announced that the first part capacity of 20 MW of the Kawas Solar Power Project has begun the commercial operation. The entire solar project is of 56 MW capacity. It is located at Hazira, Surat district of Gujarat. In a regulatory filing with […] Read more
US University Confers Inaugural Award On ReNew Power CEO Updated On Thu, May 12th, 2022 by Saurenergy Columbia University’s School of International and Public Affairs (SIPA) conferred the inaugural “Distinguished Alumni Award” on Sumant Sinha, the founder, chairman and CEO of ReNew Power. A press release issued by SIPA on May 9 reads, “Sinha, the founder, chairman, and CEO of ReNew Power, received the first Distinguished Alumni award. The awards, Alumni Association chair […] Read more
NTPC floats O&M tender for 5 blocks of 250 MWp Mandsaur solar plant Updated On Wed, May 11th, 2022 by Saurenergy Power utility NTPC Limited has invited bids for the comprehensive Operation and Maintenance (O&M) of 5 blocks (50*5) of its 250 MWp Mandsaur solar PV plant for 3 years. NTPC invites these online bids on Single Stage Two Envelope Bidding basis (Envelope-I: Techno-commercial Bid & Envelope-II: Price Bid) from eligible bidders. Key details of the tender […] Read more
