Bank of Baroda, AEREM Collaborate for Rooftop Solar for MSMEs Updated On Tue, Nov 22nd, 2022 by Saurenergy The Indian Public Sector Banks (PSBs) are increasingly moving towards the cause of renewable energy expansion in the country. In a fresh development, Bank of Baroda (BoB), one of India’s leading public sector banks, has announced that it has entered into an alliance with Aerem Solutions Pvt Ltd (ASPL) and its subsidiary, Aerem Finance Pvt […] Read more
E-Scooter Brand iVOOMi Introduces S1 Variants with Increased Range Updated On Tue, Nov 22nd, 2022 by Saurenergy India’s electric scooter manufacturer, iVOOMi Energy has expanded its portfolio with new variants of model S1, termed S1 80, S1 200, and S1 240. The new range of electric scooters all set to debut at the market have been upgraded as per the needs of Indian consumer. Price The new e-scooters begin with the price […] Read more
India’s Steel Strip Wheels & Israel’s Redler Technologies Launch EV Joint Venture Updated On Tue, Nov 22nd, 2022 by Saurenergy Chandigarh’s automotive components manufacturer, Steel Strip Wheels Ltd announced a joint venture with Redler Technologies of Israel for the research, production, and Indian market sales of motion controllers for electric vehicles. These two enterprises have collaborated on EV controllers for two-, three-, and four-wheelers and have signed a memorandum of understanding to that effect, according […] Read more
JV by Philadelphia Solar, Translucent Energy to Set Up 1.2-GW US Solar Module Facility Updated On Tue, Nov 22nd, 2022 by Saurenergy In a key development that would see the further expansion of solar power in the USA, Philadelphia Solar and Translucent Energy have joined forces in a strategic partnership to bring Tier-1-produced solar PV modules to the American market. Philadelphia Solar held that the JV – Trading Philadelphia Solar – will offer a full-range of utility […] Read more
Sympower Funding Crosses EUR 25 Mn to Help RE Expansion, Power Networks in Europe Updated On Tue, Nov 22nd, 2022 by Saurenergy The total funding of the Amsterdam-based Sympower has reached to EUR 25 million as the start-up in climate tech has received a fresh funding of EUR 3 million as the company delves in technology that helps to balance the supply and demand of electricity across networks. The start-up is expected to expand across Europe. The […] Read more
HDFC Bank to Make Significant Investments in EV Loans Updated On Tue, Nov 22nd, 2022 by Saurenergy Despite certain setbacks on the level of the auto industry, HDFC Bank is seeking to triple its financing for electric vehicle (EV) purchases in the next three years. This is due to an early assessment that lending is proving to be profitable. The banking institution aims to triple the ebook dimension by 2025 after initially […] Read more
CERC Quashes Avaada’s Plea for Extension of LTA Operationalisation Date Updated On Tue, Nov 22nd, 2022 by Saurenergy The Petitioners, Avaada Energy Private Limited (AEPL) and Avaada Sustainable RJ Project Private Limited (ASRJPPL), Petitioner have filed petitions against Central Transmission Utility of India Limited (CTUIL) to extend the start date of Long Term Access (LTA) granted to AEPL from 23.8.2021 to 12.5.2022. AEPL has stated that as per its letter dated 10.1.2022, it […] Read more
Ahmedabad’s Matter Energy Unveils Geared Electric Motorcycle Updated On Tue, Nov 22nd, 2022 by Saurenergy A geared electric motorcycle was unveiled by Matter Energy, an Ahmedabad-based provider of integrated energy solutions. Orders will soon be accepted, and delivery will start in April 2023. For the geared electric motorcycle, the firm has great hopes. In addition to exporting to markets in Asia, Africa, and Latin America, it intends to open 200 […] Read more
Innovative Battery Tech Startup Clean Electric Raises $2.2mn Led by Kalaari Capital Updated On Tue, Nov 22nd, 2022 by Saurenergy Clean Electric, an innovative energy storage solutions start-up, raises $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital company with offices in Bengaluru. Additionally taking part in the round were Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Intense safety and performance problems for EVs such as battery […] Read more
