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
Apple’s $4.7 Bn Green Bond Spend Will Help Generate 1.2 GW Renewable Energy Updated On Thu, Mar 18th, 2021 by Saurenergy Apple’s newly completed projects, part of the company’s USD 4.7 billion Green Bond spend will generate 1.2 GW of renewable energy globally Apple’s newly completed renewable projects, part of the company’s planned USD 4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green […] 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
EV Charging Stations Must For New Houses in Chandigarh: UT Administration Updated On Wed, Mar 17th, 2021 by Saurenergy The Administration of UT Chandigarh has been planning to build framing guidelines for installing the electric vehicle (EV) charging stations at every new house to be built in an area of 605 square yards or above in Chandigarh. The UT administration is thinking about making it mandatory to have EV charging stations at new houses. […] Read more
Bechtel Supports RE Technology to Accelerate UK Offshore Wind Generation Updated On Tue, Mar 16th, 2021 by Saurenergy Hexicon, Swedish floating windfarm developer and technology provider and Bechtel are partnering to deliver large-scale offshore floating wind projects along the British coastline and abroad. Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative offshore wind technology for large-scale floating power generation projects off the coast of the U.K. The floating technology could be […] Read more
Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace Updated On Mon, Mar 15th, 2021 by Saurenergy Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […] Read more
