Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
Pune’s goEgoNetwork EV Charging Startup Secures $2 Million Seed Funding Updated On Wed, Aug 18th, 2021 by Saurenergy Pune’s goEgoNetwork is an Indian EV charging startup that will provide EV chargers to you whether you are at home, at work, or traveling to your weekend getaway destination. Pune’s goEgoNetwork is electric vehicles (EV) Charging Startup Secures $2 Million Seed Funding. Recently the two-year-old startup has secured $2 million in seed funding to expand […] Read more
MoP Issues Draft Electricity Rules 2021 for Green Energy Updated On Tue, Aug 17th, 2021 by Saurenergy The Ministry of Power has released the “Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021,” seeking comments from stakeholders within 30 days. The draft rules can be accessed here. These rules are proposed for the purchase and consumption of green energy, including the energy from ‘Waste-to-Energy’ plants. The draft rules address […] Read more
Assistant Manager – Utility Updated On Mon, Aug 16th, 2021 by Saurenergy The position is responsible for effectively managing the operations of Utilities at the Plant within the given cost and efficiency parameters. Additionally, position is responsible for participating in expansion projects. Functions And Responsibilities:- Operational Coordinate with the Head utilities to plan for efficient maintenance and working of all utility services Plan maintenance schedule (Preventive and […] Read more
Fusion Fuel Green Gets €4.3 Million Funding Approval for Portugal Project Updated On Mon, Aug 16th, 2021 by Saurenergy Dublin-based green hydrogen solutions provider, Fusion Fuel Green has announced receiving the Euro 4.3 million funding approval from Portugal’s Operational Program for Sustainability and Efficient Use of Resources (POSEUR) for its proposed HEVO-Sul project in Sines, Portugal. The Portuguese government has allocated €40 million in direct grants for the POSEUR program, which aims to support […] Read more
33 GW Pumped Hydro Storage Projects to be Set Up in Andhra Pradesh Updated On Mon, Aug 16th, 2021 by Saurenergy The Andhra Pradesh energy department will install Pumped Hydro Storage Power Projects (PSP), with 33.24 GW total capacity, across 1.45 lakh acres in Kadapa, Kurnool and Anantapur districts. Energy secretary Srikant Nagulapalli believes these pumped hydro storage power will improve the power supply position in the state. “These will enable the consumers to get quality […] Read more
Ola Electric Scooter Prices In States after Subsidies Updated On Mon, Aug 16th, 2021 by Saurenergy India’s ride-hailing giant Ola has launched its Ola S1 electric scooters on Independence Day 2021. The much-awaited e-scooter comes at Rs 99,999. This price is ex-showroom including FAME II subsidy and excludes state subsidies. After state subsidy in Delhi, the S1 should cost just Rs 85,099 whereas, in Gujarat, it would cost as low as […] Read more
Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more