Servotech Adds 2,649 EV Chargers Order from BPCL Updated On Thu, Nov 23rd, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of EV chargers in the country, has bagged 2649 AC EV chargers order from Bharat Petroleum Corporation Limited (BPCL). The firm will be responsible for manufacturing, supplying and installing 2649 AC EV chargers order strategically across the nation. The EV chargers order comes under the BPCL E-drive project, equipping […] Read more
Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
BP Completes Repowering Wind Farm of 300 MW Capacity Updated On Tue, Nov 21st, 2023 by Saurenergy BP has completed repowering its wind farm in Indiana for 300 MW capacity. The Fowler Ridge 1 project, established in central Indiana, entailed the upgradation of 40 of the 162 turbines. This encompassed the installation of 120 individual blades and 40 new nacelles. These boast power generation equipment and transformers on top of the wind towers. […] Read more
E-Mobility Startup Baaz Bikes Eyes New Subscription Models with $8 Mn Funding Updated On Tue, Nov 21st, 2023 by Saurenergy Baaz Bikes, an electric mobility platform that helps gig workers make deliveries by its in-house designed bikes supported by automated battery swapping infrastructure, has pocketed $8 Mn in its Series A funding round. The funding round was led by BIG Capital based in Singapore. It also saw participation from Japan-based Rakuten Capital, Kalaari Capital, 9Unicorns, […] Read more
RECPDCL Seeks Solar Power Developers for 290 MW Solar Projects with Greenshoe Option Updated On Tue, Nov 21st, 2023 by Saurenergy REC Power Development and Consultancy Limited (a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power) has invited proposals from solar power developers for setting up 290 MW grid-connected solar power projects through tariff-based competitive bidding process. The tender comes with a greenshoe option of additional capacity of 290 MW […] Read more
RenewSys Strikes 100 MW Solar Module Supply Deal with Engie India Updated On Tue, Nov 21st, 2023 by Saurenergy RenewSys, an integrated manufacturer of PV modules, has signed a 100 MW solar module supply agreement with Engie India. This contract is for Engie India’s GUVNL 2 project, operating under a 25-year solar power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL). Naresh Baluja, Chief Commercial Officer of Engie India, says, “We are […] Read more
Tata Power Renewable Energy Ltd Exceeds 1.4 GW Group Captive Projects Updated On Tue, Nov 21st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has crossed the 1.4 GW capacity of group captive projects in the last seven months. This achievement, the firm maintains, is the result of signing of Power Delivery Agreements (PDA) with various industries across segments. Some of the prominent group captive […] Read more
Ray of Hope for Central Africa with 25 MW Danzi Solar Park Updated On Mon, Nov 20th, 2023 by Saurenergy The Central African Republic has unveiled a 25 MW solar park that boasts battery storage. The project has been established in the Danzi village, near Bangui- the capital city of the Central African Republic. The initiative will provide power to nearly 250,000 people in the city. Just 35% of Bangui has been electrified so far, […] Read more
NTPC REL Floats Tender for BOS Package of 1200 MW Wind Projects Updated On Mon, Nov 20th, 2023 by Saurenergy The renewable energy arm of India’s largest energy conglomerate NTPC, NTPC REL has floated a tender for the BOS package of ISTS-connected wind energy projects of nominal capacity of 1200 MW with greenshoe option of upto 300 MW at Anantapur in Andhra Pradesh. The last date for receipt of bids comprising both techno-commercial bid and […] Read more
