Ministry Of Power Appoints CEA To Verify Captive Status of ISTS Power Projects Updated On Wed, Apr 12th, 2023 by Saurenergy The Ministry of Power, in its latest notification, has nominated the Central Electricity Authority (CEA) as the competent authority for verifying the status of captive power generating plants involved in inter-state power transmission. The notification said that the ministry earlier had received references on the issue from different stakeholders to decide on the authority to […] Read more
LONGi Continues Expansion Drive with New Solar Cell Plant with USD508 Mn Investment Updated On Tue, Apr 11th, 2023 by Saurenergy Maker of monocrystalline solar wafers, Longi Green Energy Technology has revealed that it will invest CNY 3.5 billion (USD508 million) towards the establishment of a new photovoltaic cell factory. This is with a vision to augment the firm’s high-efficiency battery output. The new unit is to be established in Tongchuan, northwestern Shaanxi province. It will […] Read more
SELCO & IKEA Foundation To Usher Solar Solutions For 25,000 Healthcare Facilities Updated On Mon, Apr 10th, 2023 by Saurenergy With an aim to transform the public health infrastructure for improved sustainability, SELCO Foundation and IKEA Foundation, in partnership with India’s Ministry of Health and Family Welfare (MOHFW) and various State Health Missions, have launched an initiative called ‘Energy for Health’. The program sets sights on climate adaptation and mitigation at the center to all […] Read more
In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin Updated On Mon, Apr 10th, 2023 by Saurenergy EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […] Read more
Octopus Energy Enters Asian Market With 250 MW Solar Push in Japan Updated On Wed, Apr 5th, 2023 by Saurenergy London headquartered renewable player Octopus Energy has entered the Asian market. The generation arm Octopus Energy that manages £6bn green energy assets globally has announced its investment in Yotsuya Capital, an innovative solar developer in Japan, with the aim to accelerate Japan’s energy transition. Octopus Energy said that it already has projects in the pipeline […] Read more
Magenta Mobility Gets Capital Infusion of $22 Mn From bp, Morgan Stanley India Infra Updated On Wed, Apr 5th, 2023 by Saurenergy Read more
Magenta Mobility Gets Capital Infusion of $22 Mn From bp, Morgan Stanley India Infra Updated On Wed, Apr 5th, 2023 by Saurenergy Electric mobility solutions provider Magenta Mobility has revealed that it has concluded a Series A1 funding round, which has rung in USD 22 million equity investment coming in from UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund. The firm has shared that with the freshly infused capital, it will look at fleet and geographical […] Read more
Rayzon Solar Eyes 2500 MW in India, 500 MW Capacity in USA Updated On Tue, Apr 4th, 2023 by Saurenergy Solar manufacturing firm Rayzon Solar claims to have become the first Indian firm to manufacture and produce solar panels in the USA. Currently on an expansion spree, Rayzon Solar has set sights on augmenting its manufacturing capacity to 2500 MW in India and to start manufacturing of 500 MW in the USA. Under its expansion […] Read more
Crash in Lithium Prices: A Boon for EV Buyers or Unsustainable Trend? Updated On Tue, Apr 4th, 2023 by Saurenergy Prices of the so-called ‘White Gold’ has been declining for the past few months. Lithium is a common ingredient in almost all electric-car batteries we use today. The drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. For instance, last month, Tesla lowered the prices of its two […] Read more
