ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
IIT Madras Unveils EV Labs To Advance Battery & Charging Tech Updated On Tue, Mar 25th, 2025 by Saurenergy The Indian Institute of Technology, Madras (IIT Madras) has launched ‘Zero e-mission,’ a comprehensive set of e-mobility initiatives spanning various domains, including Education, Skilling, Research, Policy, Outreach, and Safety. Led by the Department of Engineering Design at IIT Madras, these initiatives aim to foster strong industry collaborations to accelerate India’s EV transition. The initiatives launched […] Read more
Green Financier Ecofy Secures USD 12.5 Million From IFU Updated On Tue, Mar 25th, 2025 by Saurenergy Ecofy Finance Private Limited, India’s green-transition-focused NBFC, has announced that it has secured a USD 12.5 million long-term loan facility from the Investment Fund for Developing Countries (IFU), a development finance institution owned by the Government of Denmark. The funding will support Ecofy’s further expansion into funding EVs and Solar systems in India. Ecofy aims […] Read more
Xbattery’s New BharatBMS Promises 15% Extra Battery Life Updated On Fri, Mar 21st, 2025 by Saurenergy Hyderabad-based Xbattery, an energy storage solutions innovator based at T-Hub, has launched BharatBMS, a high-voltage Battery Management System (BMS). This BMS is designed to solve energy storage challenges in homes, factories, electric vehicle (EV) fleets, and solar installations across India. According to the firm, BharatBMS is equipped with thermal management, real-time monitoring, adaptive cell balancing, […] Read more
India Needs To Invest $600 Bn In Power Sector: Wood Mackenzie Updated On Fri, Mar 21st, 2025 by Saurenergy India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, the latest report from Wood Mackenzie said. The latest Wood Mackenzie’s Horizons report is titled “Eye on the Tiger: How Higher Indian economic growth could […] Read more
Sulfur Battery Tech Startup theion Secures €15 Million Updated On Thu, Mar 20th, 2025 by Saurenergy Germany is moving to the forefront of battery technology, as Berlin-based theion today announced the successful closing of a €15 million Series-A funding round to accelerate the development of its next-generation crystal sulfur batteries. The investment, led by Team Global, with participation from Geschwister Oetker Beteiligungen and Enpal, signals strong confidence in Germany’s ability to […] Read more
Budget: Himachal Announces Interest Subsidies For Solar Projects Updated On Thu, Mar 20th, 2025 by Saurenergy The Himachal Pradesh government has now envisioned to become the first green state of India. In its latest budget presented by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, the CM announced several measures to bolster the growth of solar energy in the state. This included interest subsidies for solar projects up to 1 MW in […] Read more
SaurEnergy Explains-India’s New Found Love for Premium EVs Updated On Thu, Mar 20th, 2025 by Saurenergy India, traditionally an affordable car market, is witnessing a surprising surge in demand for expensive electric vehicles, particularly e-SUVs, crossovers, and luxury EVs. This shift is intriguing, given the country’s long-standing preference for budget-friendly vehicles. With prices of the recently launched cars beginning from ₹14 lakh ex-showroom for the MG Windsor to ₹30.5 lakh ex-showroom […] Read more
Chartered Speed Aims To Operate Over 900 E-Buses In 13 Cities Updated On Wed, Mar 19th, 2025 by Saurenergy Chartered Speed, a bus passenger mobility company operating in the B2G, B2B, and B2C sectors in India, announced that it has been awarded the contract to operate more than 900 electric buses by Convergence Energy Services Limited (CESL). The company will procure, operate, and maintain these buses under the Pradhan Mantri e-Bus Sewa Scheme across […] Read more
