Solar Rooftop Developer Freyr Energy Secures INR 54 Crore Equity Investment Updated On Mon, Oct 16th, 2023 by Saurenergy Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is focused on taking solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI […] Read more
EV Charger Market Projected at CAGR 46.5% Between 2022 & 2030: CES-IESA Report Updated On Thu, Sep 28th, 2023 by Saurenergy The Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) have released their third annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report”. The report covers the present market trends and forecast of electric vehicle (EV) chargers by various charger types in terms of revenue (USD Million), capacity (GW) and […] Read more
Goldi Solar, Desert Technologies Sign MoU To Expand RE Updated On Tue, Sep 12th, 2023 by Saurenergy Indian Solar module manufacturer Goldi Solar has signed a Memorandum of Understanding (MoU) with Desert Technologies, a solar PV and smart infrastructure holding company based in Saudi Arabia. The two firms have planned to use this partnership to boost the expansion of renewable energy in India and Saudi Arabia. The MoU, part of the India-Saudi […] Read more
India & US Shore Up Partnership to Anchor $500 Mn RE Infrastructure Investment Fund Updated On Mon, Sep 11th, 2023 by Saurenergy A joint investment fund of up to $1 billion to aid India’s initiatives aimed at the adoption of green technology has got the nod from US President Joe Biden and Narendra Modi. In an initiative that will strengthen India-US bilateral relationship in the renewable energy space, India’s National Investment and Infrastructure Fund and the US […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
Delhi Reports Highest Penetration Of Electric Buses In India Updated On Fri, Sep 8th, 2023 by Saurenergy The latest data from the newly launched Clean Mobility Shift dashboard claimed that Delhi is spearheading the race to adopt electric buses nationwide. The latest sales figures in 2023 claimed that Delhi witnessed the sales of 442 electric buses this year, the highest by any Indian state/UT. Moreover, in terms of penetration of electric buses, Delhi leads in […] Read more
Modi Government To Stump Up A Share Of Rs 20,000 Cr for 10,000 E Buses Updated On Thu, Aug 17th, 2023 by Saurenergy The Union government has pushed out a scheme to accelerate adoption of electric buses across 100 key cities in India. These cities, with a minimum population of 3 lac people or more, will cover all capital cities of hill states, North East States and Union Territories. Cities lacking transport infrastructure will be at the front […] Read more
Solar’s Slow Rise In Sun Drenched Pakistan Updated On Wed, Aug 16th, 2023 by Saurenergy Extensive load shedding and high and rising electricity costs are a few of the reasons for consumers to seek a switch to solar power in Pakistan. With industry pointing out that the nation pays some of the highest electricity tariffs in South Asia, it is indeed a wonder why solar has not established a stronger […] Read more
Govt Amends Bidding Norms For HVDC Projects Under ISTS Updated On Thu, Aug 10th, 2023 by Saurenergy The Ministry of Power has now issued an order amending its Standard Bidding Document for the procurement of Inter-State Transmission System (ISTS) power through tariff-based competitive bidding (TBCB) process under the High Voltage Direct Current (HVDC) transmission system. The new order proposed modifying para 2.1.2 to make changes to the eligibility criteria of the bidders. The ministry […] Read more
