E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B Updated On Tue, Oct 20th, 2020 by Saurenergy Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […] Read more
Inox Wind Bags Wind Turbine Orders Worth 40 MW in Gujarat, Karnataka Updated On Tue, Oct 20th, 2020 by Saurenergy Inox Wind has announced new orders for the supply and installation of wind turbine generators of 40 MW capacity from retail customers. Inox Wind, one of India’s leading wind energy solutions providers, has announced new orders for the supply and installation of wind turbine generators of 40 MW capacity from retail customers spread across various […] Read more
India’s RE Capacity at 89.22 GW, 436 MW Added in September: MNRE Updated On Tue, Oct 20th, 2020 by Saurenergy MNRE has informed in its monthly summary that India’s total installed RE capacity reached 89.22 GW by the end of September 2020. The Ministry of New and Renewable Energy (MNRE) has informed that India’s total installed renewable energy (RE) capacity has reached 89.22 GW by the end of September 2020. The information was issued in […] Read more
AES Gener to add 253 MW RE and 112 MW Storage to the Grid in Chile Updated On Mon, Oct 19th, 2020 by Saurenergy AES Gener is incorporating 253 MW of renewable energy and 112 MW of battery storage into the national electricity system of Chile. AES Gener has announced that it recently held the virtual groundbreaking of the projects, Andes Solar II-B and Campo Lindo. The projects will incorporate four technologies, which will allow the incorporation of 253 […] Read more
State Commission to Conduct Hearing on Mumbai Power Outage on Oct 21 Updated On Mon, Oct 19th, 2020 by Saurenergy MERC will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The reasons for the rare citywide power outage will be discussed. The Maharashtra Electricity Regulatory Commission (MERC) has said that it will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The […] Read more
Adani to Complete 1 GW Transmission Line to Mumbai by Dec’ 2021 Updated On Mon, Oct 19th, 2020 by Saurenergy Adani Transmission has vowed to execute a transmission line project which will enhance the power supply by 1 GW to Mumbai, by the end of next year Adani Transmission has vowed that it will be able to execute a transmission line and substation project at suburban Vikhroli which will enhance the power supply by 1,000 MW (1 GW) to […] Read more
Power Consumption has Returned to Normal, Over 11% Growth in October Updated On Mon, Oct 19th, 2020 by Saurenergy India’s power consumption grew 11.45 percent to 55.37 BU in the first half of October this year, mainly driven by buoyancy in C&I activities. India’s power consumption grew 11.45 percent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities, as per government data. According to the power ministry […] Read more
Tata Power Provides Update on InvIT for its Renewables Business Updated On Mon, Oct 19th, 2020 by Saurenergy Tata Power in its latest regulatory filing has provided an update on the process of creation of an InvIT for its renewables business Tata Power, in its latest regulatory filing, has stated that as a part of its growth strategy, the Company has taken several steps to deleverage the balance sheet and improve the capital […] Read more
Ashwani Kumar Appointed Group CEO of Suzlon Group Updated On Mon, Oct 19th, 2020 by Saurenergy Suzlon Group, one of India’s largest renewable energy solutions provider, has announced that it has appointed Ashwani Kumar as its Group CEO. Tulsi Tanti, Chairman and Managing Director, Suzlon Group said, “I am delighted that Ashwani Kumar is joining the Suzlon family. He brings with him a rich experience in the power and infrastructure sectors […] Read more
