CESL Officially Launches the GRAM UJALA Programme Updated On Fri, Mar 19th, 2021 by Saurenergy CESL has unveiled the GRAM UJALA programme, under which it plans to distribute LED bulbs at an affordable cost of Rs 10 per bulb in rural areas Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has officially unveiled the GRAM UJALA programme. Under this programme, CESL will distribute high-quality […] Read more
Indian Oil – Phinergy JV Formed to Boost India’s Green Mobility Aspirations Updated On Fri, Mar 19th, 2021 by Saurenergy Indian Oil – Phinergy JV to manufacture Aluminium-Air systems and indigenous hydrogen storage solutions for promoting green mobility in India The Indian Oil Corporation (Indian Oil) has announced that it has established a Joint Venture (JV) with Israeli start-up company Phinergy which specialises in hybrid lithium-ion and aluminium-air/zinc-air battery systems. The IOC Phinergy Private Limited […] Read more
Reshaping the Future of the Electric Grid Through Low-Cost, Long-Duration Discharge Batteries Updated On Thu, Mar 18th, 2021 by Saurenergy A new era of energy provided by renewables may be close, thanks to research begun at the Joint Center for Energy Storage Research (JCESR), a U.S. Department of Energy (DOE) Energy Innovation Hub led by DOE’s Argonne National Laboratory, and continued at its spinoff company, Form Energy. The challenge JCESR addressed is long-duration energy storage – […] Read more
BLive Raises $1 Million Investment in Pre-Series A Round From Four Investors Updated On Thu, Mar 18th, 2021 by Saurenergy A Goa-based travel tech platform that offers electric bikes for immersive experiential tours, BLive has announced that it has raised an investment of USD 1 million as part of the follow-on capital of the Pre-Series A round. The EV tourism initiative BLive has informed that the funding was a combination of debt and equity was […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
Hero Electric Delivers 50,000 Units in 2020, Tops the Segment Updated On Thu, Mar 18th, 2021 by Saurenergy A pioneer and market leader in the Indian Electric Two-Wheeler industry, Hero Electric announced that it has sold over 50,000 electric two-wheelers in 2020 consequently retaining the top slot in the segment. According to PTI, the company also announced that its sales network has crossed the 600 touchpoint mark covering 500 towns and cities across […] Read more
CESL Tenders for 10 Million LED Lamps Under Gram UJALA Program Updated On Wed, Mar 17th, 2021 by Saurenergy A wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), Convergence Energy Services Limited (CESL) has invited bids from interested bidders for seeking private participation on a revenue-sharing basis for distributing 10 million LED Lamps under its Gram Ujala program. The last date to submit the bids is March 31, 2021, while a pre-bid meeting will […] Read more
Shuchi Anant Virya Partners with HPCL to Build EV Charging Points Updated On Wed, Mar 17th, 2021 by Saurenergy Shuchi Anant Virya, a 50:50 joint venture of a renewable energy solutions provider Fourth Partner Energy and EV fleet operator Lithium Urban Technologies, was set up for electric vehicle (EV) charging infrastructure in March 2020. Today, Suchi Anant Virya has announced its partnership with ONGC owned Hindustan Petroleum Corporation Limited (HPCL) , to set up […] Read more
Fortescue and EIG-Backed Companies Sign MoU to Develop Green Hydrogen Plant in Brazil Updated On Wed, Mar 17th, 2021 by Saurenergy EIG, a leading institutional investor to the global energy sector, and Prumo Logística S.A. (“Prumo”), a private Brazilian company controlled by EIG, today announced the signing of a Memorandum of Understanding (“MoU”) between Prumo’s subsidiary, Porto do Açu Operações S.A. (“Port of Açu” or the “Port”), and Fortescue Future Industries Pty Ltd (“FFI”). FFI is […] Read more
