Roadcast, AMU Partner To Build GPS-Enabled EV Leasing Updated On Wed, Jul 17th, 2024 by Saurenergy Roadcast, recently entered into a partnership with Accelerated Money for U (AMU) to implement Roadcast’s GPS technology in e-rickshaws. They collaborated to make EV leasing more accessible and risk-free. This partnership between Roadcast a SaaS-based logistics automation platform in India, and Accelerated Money for U (AMU), a non-banking financial company (NBFC), aims to finance electric […] Read more
5 Key Points for India on the Road to 300 GW Solar by 2030 Updated On Tue, Jul 16th, 2024 by Saurenergy India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […] Read more
BluSmart Secures Rs. 200 Cr In Pre-Series B Funding Round Updated On Mon, Jul 15th, 2024 by Saurenergy BluSmart, the Gensol backed EV RideHailing service provider recently completed its Pre-Series B funding round, in which the company secured Rs. 200 Crore (USD 24 million). The funding will further assist BluSmart in expanding its EV operations and building EV charging infrastructure in major Indian cities. This new investment round saw participation from new investors […] Read more
As EV Infra Charges Up, Expect EVs To Follow Suit Updated On Mon, Jul 15th, 2024 by Saurenergy The recent speed breaker in the sales of Electric Vehicles (EVs) has raised many worries that the industry might be heading for trouble. However, we believe that this temporary blip will soon be a memory as sales pick up again, mainly due to the visible improvements one can expect in EV charging infrastructure, as well […] Read more
Brookfield Makes $200 Mn Investment In Leap Green Energy Updated On Thu, Jul 11th, 2024 by Saurenergy Brookfield made an equity investment in Leap Green Energy, a renewable platform based in Tamil Nadu. This investment is focused on providing clean energy solutions to commercial and industrial customers. Brookfield, a Canada-based alternative investment management company, and Leap Green entered into definitive strategic investment agreements. Under this agreement, Brookfield acquired a majority controlling stake […] Read more
News In Brief: Bosch & GMR, Greaves, ACKO Partnership Updated On Wed, Jul 10th, 2024 by Saurenergy Bosch, GMR Plan To Develop 7.5 Mn Smart Metering Projects In UP Bosch Global Software Technologies (BGSW) and GMR Group have established a Special Purpose Vehicles (SPVs) arrangement to implement the smart metering program for the cities of Agra, Varanasi, and Prayagraj in India. The software and digital solutions division enter a partnership with GMR […] Read more
Energy Storage Can Bring 1 TW New Capacity Online By 2033, Finds Study Updated On Tue, Jul 9th, 2024 by Saurenergy Wood Mackenzie, recently forecasted an increase in renewable energy consumption from 2024 to 2033. It expects developers to bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, which can increase the cumulative global total to 8 TWac, according to the latest analysis by Wood Mackenzie. The global data and analytics provider […] Read more
Even Better Together- Five Ways Solar Is Better With Other Green Energy Options Updated On Thu, Jul 4th, 2024 by Saurenergy Solar power is the fastest-growing energy source globally. The Global Market Outlook for Solar Power 2024-2028 report reveals that in 2023, global solar installations surged by 87 per cent compared to the previous year. In 2023, 447 GW of new solar capacity was added, up from 239 GW in 2022, bringing the world’s total solar […] Read more
Schneider Electric Gets $3.75M For Electric Stove Outreach Updated On Thu, Jul 4th, 2024 by Saurenergy Schneider Electric Energy Access Asia (SEEAA), an impact fund managed by Schneider Electric, an energy management and automation company, along with Spark+ Africa Fund closes US$3.75M Series A in ATEC to support global expansion across Asian and African markets for its market-leading IoT electric stoves. Other institutional investors in the round include DRW, Save the Children […] Read more