IEX’s Growth Momentum Continues in Q3 With 37% Volume Growth Updated On Tue, Jan 25th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has reported yet another strong quarter of operating results, growing both volumes and profitability. The firm, at the vanguard of the Indian energy trading market, that is expected to see high growth and innovations in the coming years, seems to be doing a very good job of its situation currently, […] Read more
Airtel Sets Up Its Largest Captive Solar Plant, 21 MW with Avaada Updated On Tue, Jan 25th, 2022 by Saurenergy Telecom operator Bharti Airtel on Tuesday has announced the commissioning of a new 21-megawatt solar power plant in Buldhana district of Maharashtra. The solar plant, spread over 80 acres, has been set up by Airtel in partnership with Avaada to supply clean energy to Airtel’s Nxtra data centres and switching centres in Maharashtra, the company […] Read more
Bengaluru’s Ayana Renewable Crosses 1 GWac Operational Capacity Updated On Tue, Jan 25th, 2022 by Saurenergy Ayana Renewable Power, a renewable energy platform that is majority-controlled by National Investment and Infrastructure Fund (NIIF), has announced that its portfolio has crossed 1 GWac of operational renewable energy (RE) capacity. With an operating portfolio of 1.19 GWac, Ayana is one of the largest RE developers in India, a press release from the company […] Read more
RenewSys Takes Solar Encapsulant Capacity to 3GW Updated On Tue, Jan 25th, 2022 by Saurenergy Mumbai-based RenewSys India has commissioned a new encapsulant (EVA & POE) line this month, taking the company’s total encapsulant manufacturing output to 3 GW, according to a recent press statement. The addition of yet another GW of encapsulant production capacity has also begun, which will ramp up the total capacity to 4 GW, the statement adds. […] Read more
Bangalore’s Ola Electric Raises $200 M at $5 B Valuation Updated On Tue, Jan 25th, 2022 by Saurenergy Ola Electric on Monday said it has raised over $200 million (about Rs 1,490 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at $5 billion. The funding arrives even as the firm has been struggling with production delays and battery issues in the early batches of e-scooters […] Read more
E-Mobility Startup VAAN Electric Moto Launches E-Bikes in India Updated On Tue, Jan 25th, 2022 by Saurenergy Lifestyle e-mobility startup VAAN Electric Moto Pvt Ltd has launched its electric bicycle ‘Urbansport’ in the country. Union Minister of State for Skill Development, Entrepreneurship, Electronics and IT, Rajeev Chandrasekhar, launched the Van Electric Moto brand in India in a virtually held event in Kochi on Friday. The e-bike is available in two variants- Urbansport […] Read more
NREL Study On Storage Requirements Finds High Alignment With PV, Over Wind Updated On Tue, Jan 25th, 2022 by Saurenergy The United States National Renewable Energy Laboratory’s (NREL) latest Storage Futures Study (SFS) reports is out. The SFS is a multiyear research project that explores the role and impact of energy storage in the evolution and operation of the U.S. power sector. Designed to examine the potential impact of energy storage technology advancement on the […] Read more
Industry Welcomes Govt Move To Simplify Rooftop Solar Installation Updated On Tue, Jan 25th, 2022 by Saurenergy Last Friday’s (Jan 21) announcement by the Power ministry on rooftop solar guidelines and implementation have been welcomed by industry. While this is by no means unexpected, considering how the new guidelines seek to push more discretion in the hands of the buyer and pushes for faster response from operating and regulating agencies, it remains […] Read more
Tube Investments to form Subsidiary to Increase Focus on Clean Mobility Updated On Tue, Jan 25th, 2022 by Saurenergy Murugappa group company Tube Investments of India (TII) will form a new 100% subsidiary which will consolidate its electric three-wheeler and other EV-related ventures. Through this clean mobility subsidiary, Tube Investments of India (TII) will acquire around 70% controlling stake in Cellestial E-Mobility for an investment of Rs 161 crore. The acquisition would be through […] Read more
