EV Ride Hailing Platform BluSmart Raises $7 mn in Funding Updated On Tue, Sep 8th, 2020 by Saurenergy Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. The funding round included investors like Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, […] Read more
L&T Transmission and Distribution Business Bags Large Contracts Updated On Tue, Sep 8th, 2020 by Saurenergy L&T power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. Larsen & Toubro (L&T) has announced that its power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as […] Read more
EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down Updated On Mon, Sep 7th, 2020 by Saurenergy EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […] Read more
RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs Updated On Mon, Sep 7th, 2020 by Saurenergy RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […] Read more
Sterling and Wilson Bags Two Solar Projects Worth 300 MW in Australia Updated On Mon, Sep 7th, 2020 by Saurenergy Sterling and Wilson Solar has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects worth 300 MW in Australia. Sterling and Wilson Solar has announced that it has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects in Australia. The firm […] Read more
BHEL Launches new Business Vertical ‘Make in India’ Updated On Sat, Sep 5th, 2020 by Saurenergy Bharat Heavy Electricals Limited (BHEL) has announced that it has launched its new business vertical – Make in India (MII) Business Development Group. Bharat Heavy Electricals Limited (BHEL) has announced that in an attempt towards meeting Prime Minister’s vision of an Atmanirbhar Bharat, the equipment manufacturer has launched its new business vertical – Make in […] Read more
UP Discoms Fined Rs 100 Per Connection For Smart Meter Fiasco of August 12 Updated On Fri, Sep 4th, 2020 by Saurenergy On August 12 last month, there was a widespread power outage across 1,58,000 houses with ‘smart’ meters in Uttar Pradesh, As it turned out, this was no ordinary outage, being a remotely activated ‘disconnection’ actually, caused by mismanagement at the distributor end. The cut placed the smart meters installed in all the houses firmly in […] Read more
US Energy Storage Market Sets Record for Deployments in Q2: WoodMac Updated On Fri, Sep 4th, 2020 by Saurenergy The US energy storage sector saw its strongest Q2 on record for deployments, according to Wood Mackenzie and the US ESA’s latest report The United States energy storage sector saw its strongest second quarter on record for deployments. According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, […] Read more
Stakeholders Discuss Opportunities and Advantages Rajasthan has in RE Sector Updated On Thu, Sep 3rd, 2020 by Saurenergy At a recent webinar hosted by FICCI, stakeholders discussed the advantages and opportunities that the state of Rajasthan has in the RE sector. Rajasthan is home to most of the conventional and non-conventional sources of energy generation. At a recent webinar on ‘Domestic Manufacturing in the Energy Sector’ hosted by the Federation of Indian Chambers of […] Read more
