Omega Seiki Mobility, ElectroRide to Set Up 500 Dealer network in 2 Years Updated On Mon, Feb 28th, 2022 by Saurenergy Indian electric vehicle (EV) manufacturer Omega Seiki Mobility (OSM) has partnered with ElectroRide to come up with more than 500 dealerships across India. The network will be created by the end of financial year 2024. ElectroRide is an arm of Goenka Green Private Limited and OSM belongs to the Anglian Group Company. Omega Seiki Mobility […] Read more
Virescent to acquire Godawari Green Energy’s 50 MW solar thermal plant Updated On Wed, Feb 23rd, 2022 by Saurenergy Godawari Power and Ispat Limited (GPIL) is on the verge of selling its 50-megawatt (MW) solar based thermal power plant to new entrant Virescent Infrastructure Investment Manager in the coming days. The senior leadership has held that the size of the total deal is about Rs 665 crore. The key reason forwarded by the company […] Read more
Husk Secures Funding For Solar Microgrids in Rural India Updated On Thu, Feb 17th, 2022 by Saurenergy Patna based Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, today announced the successful close of a Rs.31 crores ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects […] Read more
Torrent Power Bags 25 MW Solar Portfolio in Gujarat Updated On Fri, Feb 11th, 2022 by Saurenergy In a recent announcement, Torrent Power said that the company has entered into a share purchase agreement with Blue Daimond Properties and Balrampur Chini Mills for the acquisition of 100 per cent equity share capital of Visual Percept Solar Project, which operates a solar plant of 25 MW capacity in Gujarat. Subject to closing price […] Read more
Tata Power Net Profit Swells by 71% Signifying Comprehensive Growth Updated On Thu, Feb 10th, 2022 by Saurenergy The third quarter results of Tata Power in the current financial year is out and the company has posted a staggering 71% rise in the consolidated profits against the corresponding period of the previous fiscal. The renewable portfolio in terms of profit after tax (PAT) grew by 107% – all credit to their solar expansion. […] Read more
Crayon Motors launches ‘Snow+’ low-speed electric scooter Updated On Tue, Feb 8th, 2022 by Saurenergy Crayon Motors, an Indian manufacturer of e-mobility solutions, has introduced its brand new Snow+ electric scooter in the Indian markets. The company has declared that it’s a low-speed electric two-wheeler that offers best in class comfort and functionally superior performance at 14p/km. As far as the price of the scooter is concerned, it starts at Rs […] Read more
Powerledger Wins Award for Its Distributed Solar Electricity Project in UP Updated On Mon, Feb 7th, 2022 by Saurenergy Australian technology company Powerledger has won an award from World Summit Awards for their work in promoting distributed electricity in Uttar Pradesh, India. The WSA scheme recognises digital applications that have a strong positive impact on society, and out of 8000 entries, the software company was singled out for its promise of bringing electricity to […] Read more
IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market Updated On Thu, Feb 3rd, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […] Read more
Servotech, Smart Power India to Create Solar Ecosystem in Rural India Updated On Mon, Jan 31st, 2022 by Saurenergy Aiming to promote awareness about and access to solar power in the rural communities of Bihar, Uttar Pradesh, Orissa, and Jharkhand, Servotech Power Systems Limited has signed a Memorandum of Understanding (MoU) with Smart Power India, a subsidiary of New York-based Rockefeller Foundation. The companies believe that educating people about the benefits of solar energy […] Read more
