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
Magenta expands EVET offering to Mumbai and Chennai Updated On Wed, Feb 23rd, 2022 by Saurenergy EVET by Magenta, the e-mobility platform, which has been running its EV Fleet for urban logistics movement for about a year now in Bengaluru, now enters Mumbai and Chennai Markets. The company informs that it shall roll out over 500+ EV Fleet in the next 3-4 months in both cities. EVET (Electric Vehicle Enabled Transport) […] Read more
Battery swapping network, Chargeup, raises USD 2.5 million Updated On Tue, Feb 22nd, 2022 by Saurenergy Chargeup, the company hoping to build one of India’s largest battery-swapping network for electric two and three-wheelers, has announced that it has raised USD 2.5 million in pre-Series A round led by Capital-A and Anicut Capital. Other marquee investors who participated in the round include actors Tiger Shroff & Shraddha Kapoor, Aman and Sameer Gupta […] Read more
Portable Solar Tracking Towers Developed by IIT Delhi Updated On Tue, Feb 22nd, 2022 by Saurenergy Researchers at Indian Institute of Technology – Delhi (IIT-Delhi) have developed solar photovoltaic tracking towers that are portable. The new towers are of 3 kW and 5 kW capacity that can save time and the owners can operate them mechanically and also non-mechanically. The premier institution says that the new technology is scalable to higher […] Read more
Smarten Plans to Launch a Range of EV Chargers, Li-ion Batteries Updated On Tue, Feb 22nd, 2022 by Saurenergy Indian power backup manufacturer Smarten aims to disrupt the energy storage market with 100% localized products for B2B and B2C segments, the company has said. The brand plans to launch a range of innovative products, such as EV chargers, Lithium-ion batteries, etc., in the market this year, it stated. The company has a manufacturing facility […] Read more
Kerala Plans 200 MW Renewable Projects Over 10 Dams Updated On Tue, Feb 22nd, 2022 by Saurenergy The Kerala State Electricity Board (KSEB) is seeking bids to develop 100 megawatt (MW) each of wind projects and floating solar projects. All of these projects will be constructed in ten dams of the state. The government has said that the bids for the wind energy projects shall open on February 24. It has also […] Read more
Shadowfax Tech Targets 75% of its Fleet in EVs by 2024 Updated On Tue, Feb 22nd, 2022 by Saurenergy Shadowfax Technologies has announced a new target of 75 percent of its fleet being electric vehicles by 2024. Headquartered in Bengaluru, the firm also aims for 100% electrification by 2026 as its long-term growth goal. As EV is replacing conventional mobility in various sectors, logistic companies are looking to devise sustainable electric logistic solutions. Seeking to […] Read more
REC Power Development Seeks Consultant for Floating Solar Park in Delhi Updated On Tue, Feb 22nd, 2022 by Saurenergy REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Ltd., has invited online bids for the selection of technical consultant who would provide consultancy services for a floating solar project located in New Delhi. The last date for the submission of e-bids is February 25, 2022, till 3 PM. REC Limited, formerly Rural […] Read more
Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
