Rapido To Launch ‘Rapido EV’ E-bike Taxi Services, Partners with Zypp Electric Updated On Thu, Mar 25th, 2021 by Saurenergy Rapido, one of India’s first and fastest-growing Bike taxi apps has announced that it is going to launch an electric bike (e-bike) taxi service, under a partnership with Zypp Electric, a last-mile delivery provider. The new E-taxi will be called ‘Rapido EV’, which will be starting from March 2021 in Delhi and the National Capital […] Read more
RERC Yields to Objections, Extends Net-Metering Benefits Till June 30 Updated On Thu, Mar 25th, 2021 by Saurenergy RERC has now announced that all rooftop solar Net-Metering agreements upto June 30, 2021, will be honoured for their contract durations. The Rajasthan Electricity Regulatory Commission (RERC) has announced that after receiving comments and objections from stakeholders on its draft Regulations for Grid-Interactive Distributed Renewable Energy Generating Systems, 2020, it will now work again on […] Read more
Solar Firms Almost Unanimous on 10 kW Rule for Net-Metering – It’s a Disaster Updated On Wed, Mar 24th, 2021 by Saurenergy While industry reaction to the new rules from the Ministry of Power that mandates net metering upto a limit of 10 kW only have been well reported, we decided to speak to installers across states to get a broader view. What we see is a very clear divide between a vast number of smaller installers, […] Read more
Sun Mobility Partners With Zyngo, Aiming 500 EVs by 2021 End Updated On Mon, Mar 22nd, 2021 by Saurenergy Bengaluru-based EV battery Swapping solutions provider Sun Mobility has announced that it has partnered with a pollution-free logistics provider Zyngo to facilitate Zyngo’s E-Loaders/E-Carriers with its EV battery swapping options. Sun Mobility will provide its services available at Indian Oil Corporation Ltd (IOCL) stations, to reinforce its last-mile delivery services. Both the companies announced their […] Read more
CCI Approves Majority Acquisition of NESCO by Tata Power Updated On Mon, Mar 22nd, 2021 by Saurenergy The Competition Commission of India (CCI) has approved the acquisition of 51% of the equity share capital of NESCO Utility by Tata Power The Competition Commission of India (CCI) has announced that it has approved the acquisition of 51 percent of the equity share capital of North Eastern Electricity Supply Company of Odisha (NESCO Utility) […] Read more
CESL Officially Launches the GRAM UJALA Programme Updated On Fri, Mar 19th, 2021 by Saurenergy CESL has unveiled the GRAM UJALA programme, under which it plans to distribute LED bulbs at an affordable cost of Rs 10 per bulb in rural areas Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has officially unveiled the GRAM UJALA programme. Under this programme, CESL will distribute high-quality […] Read more
Sunlight Secures ~$2.5 Bn in Solar Financing via Expanded Partnership With Tech CU Updated On Thu, Mar 18th, 2021 by Saurenergy Sunlight Financial, a premier, technology-enabled point-of-sale residential solar financing platform, today announced that Tech CU, a Silicon Valley-based credit union, has committed to fund another nearly $2.5 billion in residential solar and storage systems sold and installed by Sunlight partners over the next three years, expanding upon a long-term partnership between Sunlight and Tech CU […] Read more
BLive Raises $1 Million Investment in Pre-Series A Round From Four Investors Updated On Thu, Mar 18th, 2021 by Saurenergy A Goa-based travel tech platform that offers electric bikes for immersive experiential tours, BLive has announced that it has raised an investment of USD 1 million as part of the follow-on capital of the Pre-Series A round. The EV tourism initiative BLive has informed that the funding was a combination of debt and equity was […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
