NGEL Wins NHPC’s 80 MW/320 MWh BESS Project In Kerala Updated On Thu, May 22nd, 2025 by Saurenergy NTPC Green Energy Limited (NGEL) has successfully emerged as the winning bidder in the e-reverse auction conducted by NHPC Limited on May 21, 2025. NTPC’s renewable energy arm, NGEL secured a cumulative capacity of 80MW/320MWh/Month under the competitive bidding process. Whereas, Gujarat-based Opera Energy secured a 15 MW/50 MWh project for Rs. Rs. 4.38 Lac/MW/Month. […] Read more
Global EV Market On Track To Top 40% By 2030: IEA Updated On Wed, May 21st, 2025 by Saurenergy The global market for electric vehicles is on course to exceed 40 percent of all car sales by 2030, despite economic uncertainties, the International Energy Agency (IEA) said in a report released Tuesday. EVs are becoming increasingly affordable in more markets, the IEA noted in its annual Global EV Outlook. China remained the dominant force, […] Read more
Enfinity Global Closes €100Mn Bond, Gets First BESS Financing In Europe Updated On Wed, May 21st, 2025 by Saurenergy Enfinity Global Inc. has closed up to €100 million bond facility to support its energy storage and solar PV projects deployment across Europe. The facility is being provided by Eiffel Investment Group, an independent asset manager focused on sustainable investments, through four of its investment vehicles. This transaction is also the company’s first financing of […] Read more
OPG Mobility Eyes Localizing EV Manufacturing: Anshul Gupta Updated On Tue, May 20th, 2025 by Saurenergy You’re present across various verticals—battery recycling, battery technology, EVs, and more. What’s your core focus today? The primary focus of OPG Mobility is boosting electric mobility, especially in the two-wheeler and three-wheeler segments. We’re involved in everything from batteries and EV charging stations to powertrains and even the plastic and mechanical parts that go into […] Read more
MP: Powergrid Floats 20 MWh BESS Tender At Solar Plant Updated On Mon, May 19th, 2025 by Saurenergy State-run Powergrid Corporation of India has issued a tender for the development of a Battery Energy Storage System (BESS), designated as Package BESS-01. The 20 MWh (5 MWh x 4 hours) system will be co-located with an existing 85 MW solar PV plant at Nagda, Ujjain, Madhya Pradesh. Bids are invited until June 16, 2025. […] Read more
Folks Motor Raises ₹100cr To Boost EV Manufacturing Updated On Mon, May 19th, 2025 by Saurenergy Indian automotive firm Folks Motor has secured ₹100 crore in the first close of its ₹500 crore electric vehicle (EV)-focused investment fund, aimed at bolstering domestic EV manufacturing and infrastructure. The fund, dubbed Folks Funds, is structured as an Alternative Investment Fund (AIF) Category II and targets full closure by the end of 2025. It […] Read more
Odisha To Bring New EV Policy Soon, Says Deputy CM Updated On Thu, May 15th, 2025 by Saurenergy Odisha is now all set to formulate its new Electric Vehicle (EV) Policy for the state, Deputy Chief Minister and Energy Minister K.V. Singhdeo said. This comes close to the expiry of its last EV policy in 2026. The state had earlier floated its Odisha Electric Vehicle (EV) Policy in 2021 to spur the growth […] Read more
BESS Startup VFlowtech Secures USD 20.5 Million Updated On Wed, May 14th, 2025 by Saurenergy VFlowTech, a leading provider of sustainable long-duration energy storage solutions, has announced a significant capital raise of $20.5 million to support its strategic expansion into India’s clean energy sector. the firm offers long-duration energy storage and AI-driven energy management. The funding will enable VFlowTech to scale its existing 100 MWh manufacturing plant in India to […] Read more
Waaree Announces $200mn Investment To Expand US Operations Updated On Wed, May 14th, 2025 by Saurenergy Waaree Solar Americas Inc., a wholly owned subsidiary of India-based Waaree Energies Ltd., announced an additional investment of $200 million in the United States at the SelectUSA Investment Summit hosted by the U.S. Department of Commerce. The new investment will focus on battery energy storage systems, aimed at boosting the company’s technological capabilities and supporting […] Read more
