Thomas Lloyd Acquires Investor Shares in Solar Developer SolarArise Updated On Mon, Jan 30th, 2023 by Saurenergy Delhi-based SolarArise and Investment Fund Thomas Lloyd have announced the completion of acquisition of its investors shares by ThomasLloyd Energy Impact Trust (TLEI), an investment trust listed on the London Stock Exchange (LSE). The deal makes SolarArise an Indian utility scale solar company with its assets listed as a part of a trust on the […] Read more
CESL Issues New Tender for 4675 Electric Buses for Rs 5000 Crore Updated On Fri, Jan 6th, 2023 by Saurenergy Convergence Energy Services Limited (CESL) has announced a second tender for the deployment of electric buses under the National Electric Bus Programme. The number of e-buses sought by CESL in the novel tender is 4,675. CESL has recently concluded a tender for 6,465 electric buses. Previously it had also issued a tender under Grand Challenge […] Read more
Exicom to Supply 5L Battery Management Systems to Hero Electric Updated On Wed, Jan 4th, 2023 by Saurenergy An agreement has been inked between Exicom and Hero Electric under which the former will sell its battery management system (BMS) to the latter. Exicom is a manufacturer of electric vehicle charger and lithium-ion battery while Hero Electric is a leading EV maker in India. As per the terms of the agreement, Hero Electric is […] Read more
Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […] Read more
CESL Discovers Prices for India’s Largest E-bus Tender Updated On Tue, Jan 3rd, 2023 by Saurenergy Convergence Energy Services Limited (CESL) has shared the prices discovered for the biggest non-subsidized demand for 6465 electric buses. The unified tender makes up demand for electric buses from the six Indian states & UTs of Delhi, Telangana, Haryana, Surat (Gujarat), Kerala and Arunachal Pradesh. CESL is a wholly owned subsidiary of Energy Efficiency Services […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
Three Wheels To Buy 3300 Electric 3-Wheelers From Piaggio Vehicles Updated On Mon, Dec 26th, 2022 by Saurenergy Bengaluru based EV financing fintech – Three Wheels United (TWU) – has signed an MoU with Piaggio Vehicles (PVPL) for the procurement of 3300 electric 3-wheelers to be deployed over the next 18 months across Delhi NCR, Uttar Pradesh, Karnataka, Kerala, Telangana, Maharashtra and Andhra Pradesh. The official statement of Three Wheels United held that […] Read more
NTPC Group Crosses 3 GW Operational Renewable Capacity Updated On Tue, Dec 20th, 2022 by Saurenergy India’s largest energy conglomerate, NTPC reached the milestone of 3 GW operational capacity following the commissioning of 100 MW of solar capacity at its Nokhra Project in Rajasthan. With the launch of its 92 MW floating solar project at Kayamkulam, Kerala, the group had already passed 2 GW on June 24, 2022. The initial GW […] Read more
India’s November ’22 Solar Capacity Addition Drops to 342 MW Y-o-Y, Wind Additions Rise Marginally Updated On Thu, Dec 15th, 2022 by Saurenergy The statistics from last month’s RE installation indicate that November was not a terrific month for the expansion of Indian RE capacity. Comparing the current month of November 2022 to the previous one, the total RE capacity additions decreased. India only added 342.09 MW of solar energy and just 51.3 MW of wind energy in […] Read more
