Simple Energy Launches E2W Dot One At INR 99,999 Updated On Mon, Dec 18th, 2023 by Saurenergy Simple Energy, an electric vehicle and clean energy start-up, has announced the launch of its latest electric two-wheeler Simple Dot One. An exclusive introductory price of INR 99,999 is being offered specifically for pre-booked Simple One customers from Bangalore. This limited offer stands while inventory lasts. Meanwhile, the launch price for new customers will be […] Read more
Lucky Cement Gets Pakistan’s First n-Type Solar Plant Updated On Mon, Dec 18th, 2023 by Saurenergy Pakistan’s largest cement manufacturer, Lucky Cement has taken strides towards a more sustainable business impact with a 26 MW solar plant on its land in Pakistan. The project, executed by JA Solar and Orient Energy Systems is Pakistan’s first n-type photovoltaic (PV) power plant project. Since its commissioning in September 2023, the plant has met key […] Read more
EU New Electricity Market Design To Speed-Up Renewable Deployment Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report shared by the European Council and the Parliament has revealed that they have reached a provisional agreement to reform the EU’s electricity market design (EMD). “This deal is great news, as it will help us reduce even more the EU’s dependence on Russian gas and boost fossil-free energy to cut greenhouse gas […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
Zetwerk Secures 375 MW Solar Module Deal with NTPC Updated On Thu, Dec 14th, 2023 by Saurenergy Zetwerk, a managed marketplace for contract manufacturing, has secured a deal with National Thermal Power Corporation (NTPC) for supplying 375 MWp of solar PV modules. This project is led by NTPC – Renewable Energy Limited (REL). Zetwerk, claims to be one of the largest suppliers for energy projects in segments such as solar, wind, and oil […] Read more
UP Identifies 195 Acres Of Land To Setup Solar Plants Under PM-KUSUM Updated On Thu, Dec 14th, 2023 by Saurenergy In its latest notification, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) listed a total identified land of up to 195 acres under the PM-KUSUM scheme. The department said that this land parcel, owned by the government’s farmers in some places, could be diverted for setting up grid-connected solar power plants under the […] Read more
Accelerating Renewables Can Prevent Rail Network Congestions: IEEFA Updated On Thu, Dec 14th, 2023 by Saurenergy Indian Railways can better utilise its resources and serve the Indian economy more effectively if policymakers focus on accelerating renewable energy generation rather than expanding coal freight by rail, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds. The IEEFA report analyses various forecasts by different agencies of the Indian government and […] Read more
