Clean Energy Investments Driving Global Job Creation, Finds Study Updated On Thu, May 9th, 2024 by Saurenergy Investment in the manufacturing of clean energy technologies, especially solar PV and batteries is expediting the process of creating new jobs and employment opportunities, according to a new report published by International Energy Agency. The agency said that investments related to clean energy technologies have become a powerful economic driver globally. The global investment in […] Read more
EMotorad To Construct Integrated E-Cycles Gigafactory In Pune Updated On Thu, May 9th, 2024 by Saurenergy Electric vehicle company EMotorad has announced it will expand its existing manufacturing unit in Pune. India will be home to two of the world’s biggest gigafactories, one for Ola Electric two-wheelers and the other for EMotorad e-cycles, said the company. According to EMotorad the gigafactory is spread across 2,40,000 sq ft in phase 1 and […] Read more
Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
UK’s DG Innovate Forms JV With EVage Motors For Making E-Trucks In India Updated On Wed, May 8th, 2024 by Saurenergy UK-based sustainable mobility and energy storage company DG Innovate has entered into a joint venture with EVage Motors, the electric truck company in India. The JV will allow DGI to pursue a faster, lower-cost route to high-precision manufacturing in India, materially growing its market share in the critical Asian market and giving EVage Motors’ customers […] Read more
Grew Appoints Hiten Parekh As Its New President (Global Sales) Updated On Wed, May 8th, 2024 by Saurenergy Indian solar module manufacturer Grew has appointed Hiten Parekh as its new President (Global Sales). Grew was founded in 2022 and is backed by the legacy of the Chirpal Group. “I am happy to share that I am starting a new position at GREW as President of Global Sales. GREW is Chiripal Group venture and […] Read more
Waaree Energies Appoints Amit Paithankar As Its New CEO Updated On Tue, May 7th, 2024 by Saurenergy Waaree Energies Ltd has announced the appointment of Amit Paithankar as its new Chief Executive Officer (CEO). The renewable firm in a media statement today said that with his career spanning over two decades, Paithankar brings significant experience in driving growth, innovation, and sustainability in his practices, “In his new role as Chief Executive Officer […] Read more
Clean Energy Investments Reach 200 Billion In 2023, Says IEA Report Updated On Tue, May 7th, 2024 by Saurenergy The International Energy Agency (IEA) in its recent report found that renewable energy investments reached approximately USD 200 billion in 2023. The renewable energy investment reportedly witnessed a 70% increase compared to 2022. Among the renewable energy investments, sectors such as clean technology, solar PV, and battery manufacturing received more than double the investment, reaching around […] Read more
responsAbility Plans To Invest USD 35mn In AMPIN Energy Updated On Tue, May 7th, 2024 by Saurenergy responsAbility plans to invest up to USD 35 million in AMPIN Energy Transition Private Limited (AMPIN) on behalf of its investors. This is part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia. New Delhi-based AMPIN is an Indian renewable energy transition company with a balanced portfolio […] Read more
News Briefs May 3 -Envirospark, GAF Energy, REC Silicon, DOE Grants Updated On Fri, May 3rd, 2024 by Saurenergy EV Charging Company EnviroSpark Secures $50 Million Investment from Basalt Infrastructure Partners US electric vehicle (EV) charging company EnviroSpark Energy Solutions announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners an infrastructure equity investment firm focusing on investments in Europe and North America. This investment will enable EnviroSpark to […] Read more
