Panel Blames Faulty, Scrambled Battery For Spate Of EV Fires Updated On Thu, Jun 30th, 2022 by Saurenergy The batteries fitted into electric two-wheelers catching fire were faultily designed and lacked even the basic safety mechanisms. The expert panel formed by the government to investigate the accidents has called upon the manufacturers for corrective mechanisms or face legal action otherwise. According to a member of the panel, the battery management system seriously compromised […] Read more
Electrical Component Engineer – System Studies Updated On Wed, Jun 29th, 2022 by Saurenergy The System Studies and Network Solutions role is undertaking following actions for the support of ACS-COE, Grid Solutions, Focus on Engineering, and give technical support on demand of ITO of OTR. The actions are consisting on: On-going projects: Undertake the Network analysis actions by use of simulation software in the domain of Power System Analysis […] Read more
UPERC Mulls Introduction Of Green Tariff In Uttar Pradesh Updated On Wed, Jun 29th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) informed the State Advisory Committee (SAC) members during a meeting that a green tariff may soon be implemented for the industrial and the commercial users to receive up to 100% of their electricity from renewable sources despite higher price. In a news item published on June 29, the […] Read more
Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others Updated On Wed, Jun 29th, 2022 by Saurenergy US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment. With the help of this growth equity investment from TPG Rise & Others, Intersect […] Read more
Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange Updated On Wed, Jun 29th, 2022 by Saurenergy The start of operations at India’s third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERC’s approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the […] Read more
Mecwin India Invests Rs 50 Cr to Set Up New Manufacturing Unit Updated On Wed, Jun 29th, 2022 by Saurenergy Bangalore-based EV start-up, Mecwin India has announced a new manufacturing unit in Bengaluru, Karnataka for EV motors and controllers. The firm is going to invest Rs 50 Cr in this manufacturing unit, it claims. According to the company’s statement, Bengaluru’s production plant for domestic EV motors and controllers will be up and running by the […] Read more
Battery Smart Raises $25 Million Funding Led by Tiger Global Updated On Tue, Jun 28th, 2022 by Saurenergy Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global. Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […] Read more
OX2 Looks To Construct 5.5 GW Offshore Wind Farm Off Sweden Updated On Tue, Jun 28th, 2022 by Saurenergy Global renewable energy developer OX2 has announced that it has submitted a permit application under the law that deals with Sweden’s Exclusive Economic Zone for the construction of an offshore wind farm. The project called Aurora will come up between the islands of Gotland and Oland. Sweden is aiming to double its renewable energy capacity […] Read more
160 GWh Of Energy Storage Needed To Meet India’s 2030 RE Target: IESA Updated On Tue, Jun 28th, 2022 by Saurenergy The India Energy Storage Alliance (IESA) has recently brought out a report VISION 2030 that projects India will need at least 160 GWh of energy storage by 2030 in order to integrate the targeted 500 GW of non-fossil fuel energy onto its networks. This energy storage capacity has been calculated as aggregate of front-of-the-meter grid-scale […] Read more
