The Top 5: Challenges to EV Growth in 2023 Updated On Thu, Jan 26th, 2023 by Saurenergy The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India. According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more
Rajasthan Water Resources Dept Issues Tender For Solar Based Micro Irrigation Updated On Wed, Jan 25th, 2023 by Saurenergy The Water Resources Department in Rajasthan has issued a tender for planning, designing and construction of solar based micro-irrigation project for 140 hectares of cultivable command area (CCA) at Bhabhrana Anicut, 226 hectares at Dholpur Anicut and 140 hectares at Anicut in Dungarpur district. The total cost of the project is estimated at Rs 81.83 […] Read more
EV Battery-Tech Startup Log9 Materials Sweeps Over $11 Mn in Series B Round Updated On Tue, Jan 17th, 2023 by Saurenergy Battery platform for electric vehicles Log9 Materials has scooped up over $11 million in a Series B round, which was led by PTV International Ventures. Participants in the Series B round included SiriusOne Capital, Cornerstone Ventures, among others. This is seemingly an extension of the Series B round, which is followed by the the Rs […] Read more
SECI Issues RFS for Vendors for Off-Grid Solar Pumping Systems with 1-10 HP Updated On Wed, Jan 4th, 2023 by Saurenergy Solar Energy Corporation of India (SECI), a Central Public Sector Undertaking dedicated to the solar energy sector, has issued an RFS for selection of vendors under Component-B of PM-KUSUM Scheme of MNRE. This particular component looks at “installation of 20 lakh standalone solar powered agriculture pumps” and “CFA of 30% of the benchmark cost or […] Read more
DWSS Floats 8.7 MW of Solar Tender to Power Water Supply Systems in Punjab Updated On Fri, Dec 23rd, 2022 by Saurenergy State-owned Department of Water Supply and Sanitation (DWSS) has invited bids to install 8.7 MW capacity solar projects at 970 rural piped water supply systems in Punjab. The last date for submitting the bid for this DWSS solar tender is January 12, 2023, and the bid will be opened on January 13, 2023. The scope […] Read more
Starting at Rs 32k, AutoNxt Automation Introduces E-Tricycle for Specially Abled Updated On Wed, Dec 21st, 2022 by Saurenergy To help those who lost their livelihoods due to the pandemic, Maharashtra-based technology-driven automotive firm AutoNxt Automation has designed and produced India’s first Smart Electric Tricycle called AzaadE for the specially-abled. Additionally, it has provided the business with cash flow for support at a time when many of them came to a standstill. It has […] Read more
Rajasthan Opens PM-KUSUM Online Land Registration Portal Updated On Tue, Nov 29th, 2022 by Saurenergy Under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM), Rajasthan has created the Saur Krishi Ajivika Yojna (SKAY) to encourage the development of decentralised solar projects at load centers with primarily agricultural usage in rural areas. By enabling farmers and landowners to lease out their unused or unproductive land on […] Read more
Motovolt Mobility Raises Rs 160 Mn Pre-Series Funding Led by Wami Capital & Others Updated On Thu, Nov 24th, 2022 by Saurenergy The Kolkata-based e-mobility company, Motovolt Mobility recently announced that it has raised INR 160 Mn in pre-series A round. PPAP Automotive, Vikrampati Singhania of JK Family, Ankur Agarwal of Crystal Crop, Wami Capital, a single family office based in Dubai, and other family offices participated in this round as strategic investors. The founder of the […] Read more
