MERC Approves ₹2.19 Lakh/MW Tariff for MSEDCL’s BESS Project Updated On Thu, Mar 27th, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has approved the development of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) 1.5 GWh Battery Energy Storage System (BESS) project. MERC approved a tariff of ₹2,19,001/MW/Month for 12 years in response to Maharashtra State Electricity Distribution Co. Ltd’s (MSEDCL) petition for procuring 250 MW/500 MWh (base capacity) and […] Read more
Bangladesh Seeks To Get Renewables Back On Track with 2.6 GW Tender Updated On Wed, Mar 26th, 2025 by Saurenergy Bangladesh, where much else besides its renewables plans were disrupted as a result of the student backed movement that overthrew the then government of Sheikh Hasina last year, has a lot of catching up to do. Not only has the country been embroiled in disputes with power providers in India like the Adani group which […] Read more
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
Zelestra In FDRE Deal With SJVN Through 500 MW Of Wind, Solar & BESS Updated On Fri, Mar 21st, 2025 by Saurenergy Spanish decarbonisation firm Zelestra has signed a long-term contract with SJVN to supply firm and dispatchable renewable energy (FDRE) in India, enabling the construction of a portfolio of 500 MW of wind, solar and battery storage projects. The innovative hybrid multi-technology project will deliver 24/7 clean energy generation, with wind, solar and battery storage technology […] Read more
Folks Motor Commits ₹500cr For EVs, Aims Local Manufacturing Updated On Thu, Mar 20th, 2025 by Saurenergy Hybrid electric retrofit solutions company Folks Motor has announced a Rs 500 crore capital expenditure (CAPEX) investment over the next five years under the Production Linked Incentive (PLI) scheme. This investment is directed towards developing dedicated EV warehousing industrial parks, strengthening India’s EV supply chain, and addressing the critical challenge of achieving 50% domestic value […] 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
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
Elon Musk’s Starlink Could Drive In Benefits For EVs In India Updated On Wed, Mar 19th, 2025 by Saurenergy Elon Musk’s Starlink is finally a player in India’s internet business. Thanks to the recently inked partnerships with Indian telecom giants Airtel and Jio, Musk’s tech juggernaut of SpaceX-owned Starlink and Tesla are magically aligning to enter India with quite a punch. Starlink is the “world’s first and largest satellite constellation using a low Earth orbit to […] Read more
EG Solwin, Welspun, NLC, & Adani Bag NTPC’s 1.2 GW Hybrid Projects Updated On Tue, Mar 18th, 2025 by Saurenergy NTPC has awarded 1.2 GW of wind-solar hybrid power projects to EG Solwin Renewable for 300 MW, Welspun Renewable Energy 250 MW project, NLC India 450 MW hybrid project, and Adani Renewable Energy secured 600 MW project. The tender allocated the project to EG Solwin, Welspun Renewable Energy, and NLC India at the lowest tariff […] Read more
