‘Mobilising Finance for EVs in India’ Report by Niti Aayog Updated On Tue, Feb 2nd, 2021 by Saurenergy India has signalled that the future of mobility is electric. The economics of vehicle electrification are improving, with battery pack prices decreasing from about Rs 75,000/kWh in 2010 to Rs 13,000/kWh in 2019. Despite a dip in EV sales in 2020, due to the economic effects of COVID-19, confidence in India’s EV future will continue […] Read more
Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more
EV Acceleration in UP, CM Proposes Tax Exemptions Updated On Sat, Jan 30th, 2021 by Saurenergy Considering the whole country is moving fast forward towards electric vehicles (EV) adoption, the Uttar Pradesh government is bringing advancements to increase the influx of EVs into the state. Recently, the department of industrial development reviewed EVs, during that, Chief Minister Yogi Adityanath proposed an exemption of road tax and registration fees to promote EVs. […] Read more
Loanpal Receives $800+ Million in First External Investment Round Updated On Thu, Jan 28th, 2021 by Saurenergy Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […] Read more
Electric Buses Start Off In Andaman, Supporting Emissions Clean Up Updated On Wed, Jan 27th, 2021 by Saurenergy The Lieutenant Governor of Andaman and Nicobar Islands flagged-off a fleet of 14 electric buses on Republic Day. The project for 40 electric buses is being executed by National Thermal Power Corporation Limited (NTPC) Vidyut Vyapar Nigam Limited (NVVN Limited), a 100 percent subsidiary of NTPC Limited, a PSU under Ministry of Power, Government of […] Read more
e-Zinc Raises $2.3 Mn to Accelerate Commercialization of its Energy Storage Tech Updated On Tue, Jan 19th, 2021 by Saurenergy e-Zinc, a Toronto-based energy storage innovator, announced today it has raised $2.3 million in a closed round led by BDC Capital’s Cleantech Practice. e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal. By decoupling power and energy, the company scales energy capacity at a fraction of the cost of lithium-ion […] Read more
Battery Mfg Startup Lohum Cleantech Raises $7 Million Updated On Mon, Jan 18th, 2021 by Saurenergy Lohum Cleantech, the New Delhi-based battery manufacturing and recycling startup with its plant in Greater Noida, has raised $7 million (Rs 51 crores) in a fund raise from institutional investors led by Baring Private Equity Partners. A report quoting the information released today. In an interview to SaurEnergy last year, company founder Rajat Verma had […] Read more
Transport Department Tenders For Operation of 575 Electric Buses in Delhi Updated On Thu, Jan 14th, 2021 by Saurenergy Transport Department of Delhi has issued three RFQP’s for the operation of 575 electric buses in three clusters of the capital. Transport Department of Delhi has issued three request for qualification and proposals (RFQP) for the operation of 575 electric buses (E-buses) in the capital. Three tenders have been issued by the Government of National […] Read more
2021: Counting On PSU’s To Flex Solar Muscles Updated On Wed, Jan 13th, 2021 by Saurenergy Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […] Read more
