Saurabh Agrawal: New Chairman of Tata Power Renewable Energy Segment Updated On Fri, Oct 21st, 2022 by Saurenergy The board of Tata Power Renewable Energy was restructured by the Tata group recently, with the director of Tata Sons Saurabh Agrawal taking over as chairman. Three new directors were added to the board, including Eduard Ruijs, Managing Director and Head of the London-based BlackRock Global Infrastructure Fund team. The board also welcomed Rajiv Mehrishi, […] Read more
Delhi High Court Rejects PIL Seeking Use of Lead Acid Batteries in e-Rickshaws Updated On Fri, Oct 21st, 2022 by Saurenergy The Delhi High Court rejected a public interest litigation (PIL) which sought to allow the use of lead acid batteries in electric rickshaws. The bench of Chief Justice Satish Chandra Sharma and Justice Subramoniam Prasad refused to entertain the IPL filed by an e-rickshaw driver which challenged Delhi Transport Authority’s order that refuses the registration […] Read more
Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times Updated On Fri, Oct 21st, 2022 by Saurenergy Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […] Read more
Tata Motors to deliver 2000 XPRES T EVs to E-Cab Firm Evera Updated On Thu, Oct 20th, 2022 by Saurenergy India’s auto major Tata Motors has signed an agreement with Evera, one of the earliest EV only – ride-hailing platform in Delhi NCR region, for delivering 2,000 XPRES T electric vehicles. These vehicles are an addition to the already existing fleet of Tata Motors’ EVs present with the aggregator. Tata Motor held that the decision […] Read more
NIWE & NLCIL Collaborate to Build Onshore, Offshore Wind Power Plants Updated On Thu, Oct 20th, 2022 by Saurenergy To collaborate strategically on the development of onshore and offshore wind power projects in India, Neyveli Lignite Corporation Limited India Ltd (NLCIL) and the National Institute of Wind Energy (NIWE)- an independent R&D organization under the Ministry of New and Renewable Energy have signed a Memorandum of Understanding (MoU). The MoU was signed and exchanged […] Read more
Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing Updated On Thu, Oct 20th, 2022 by Saurenergy Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […] Read more
Stargate Hydrogen Launches Next-Gen Gateway Electrolyser Product Family Updated On Thu, Oct 20th, 2022 by Saurenergy Estonia-based Stargate Hydrogen, a developer of electrolysis technology, has launched its Gateway product family, comprising of containerized green hydrogen production systems of up to 10 MW in size. Addressing the Problem Statement Stargate Hydrogen is addressing the problem of high levelized cost in hydrogen production via electrolysis. While alkaline technology is the most reliable and […] Read more
DOE Awards $100 Million to Group14 Technologies for Battery Production Updated On Thu, Oct 20th, 2022 by Saurenergy Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […] Read more
GUVNL Invites Bids for 300 MW Wind Power Project Phase IV Updated On Thu, Oct 20th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Ltd. (GUVNL) has floated a tender the phase IV of 300 MW grid-connected for the purchase of power through a competitive bidding process. This project will be a grid-connected wind power project to be set up anywhere in India with an additional 300 MW capacity under the ‘Greenshoe Option’ for compliance […] Read more
