Motovolt Mobility Raises Rs 160 Mn Pre-Series Funding Led by Wami Capital & Others Updated On Thu, Nov 24th, 2022 by Saurenergy The Kolkata-based e-mobility company, Motovolt Mobility recently announced that it has raised INR 160 Mn in pre-series A round. PPAP Automotive, Vikrampati Singhania of JK Family, Ankur Agarwal of Crystal Crop, Wami Capital, a single family office based in Dubai, and other family offices participated in this round as strategic investors. The founder of the […] 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
300 MW Solar Power Projects Planned By Punjab Govt Updated On Tue, Nov 22nd, 2022 by Saurenergy The state of Punjab’s administration has decided to put in place 300 MW worth of photovoltaic (PV) solar power installations. According to an official statement outlining the decision made at a high-level conference held recently, these projects comprise 100 MW floating solar PV power projects on reservoirs and lakes and 200 MW canal-top solar PV […] Read more
Uttarakhand Releases Draft Solar Power Policy 2022; Offers Benefits to Power Generators Updated On Sun, Nov 20th, 2022 by Saurenergy The Uttarakhand Government has released the draft of the Uttarakhand State Solar Policy 2022 and has invited public comments and recommendations on it. The draft solar policy will be implemented by the energy department and will be aimed at providing relief to those who will set up solar plants upto 25 MW in Uttarakhand. As […] Read more
Microgrid to Attract Multibillion Investments By 2031: Guidehouse Insights Updated On Fri, Nov 18th, 2022 by Saurenergy A new report from Guidehouse Insights has said that Asia Pacific and Middle East and Africa currently lead the energy access microgrids market and are expected to continue leading the energy access across microgrids market through 2031. Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in […] Read more
Pre-Series A Financing Led by Inflection Point Ventures Raises 11.5 Cr for Buyofuel Updated On Fri, Nov 18th, 2022 by Saurenergy Tamil Nadu-based online marketplace for alternative fuels, Buyofuel has raised more than Rs 11.5 crore in a Pre-Series A round led by Inflection Point Ventures, a Gurgaon-headquartered angel investing platform. Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech participated in the round. The funds raised will be used to develop product offerings, technology, and […] Read more
Tata Power Solar & Union Bank Collaborate to Finance Rooftop Solar for MSMEs Updated On Thu, Nov 17th, 2022 by Saurenergy One of India’s oldest and largest public sector banks, Union Bank of India (UBI) has partnered with Tata Power Solar Systems Limited (TPSSL) to support the MSME (Micro, Small, and Medium Enterprises) sector’s transition to solar energy (Finance Rooftop Solar). Tata Power Solar Systems Limited (TPSSL) is a wholly-owned subsidiary of Tata Power Renewable Energy […] Read more
EY Index Says Volatile Conditions Accelerate Global Renewables Market Updated On Wed, Nov 16th, 2022 by Saurenergy EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […] Read more
Switzerland’s Pexapark, Sweden’s AFRY Develop Valuation Framework for RE Investments Updated On Mon, Nov 14th, 2022 by Saurenergy AFRY- a Swedish-Finnish supplier of engineering, design, and advisory services that helps accelerate the transition towards a sustainable society- and Pexapark, a firm which facilitates PPAs, have entered into a partnership to develop the market’s first ‘Daily Valuation Curve’. The Daily Valuation Curve looks at providing renewables to investors, developers and portfolio owners with a […] Read more
