E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B Updated On Tue, Oct 20th, 2020 by Saurenergy Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […] Read more
Adani to Complete 1 GW Transmission Line to Mumbai by Dec’ 2021 Updated On Mon, Oct 19th, 2020 by Saurenergy Adani Transmission has vowed to execute a transmission line project which will enhance the power supply by 1 GW to Mumbai, by the end of next year Adani Transmission has vowed that it will be able to execute a transmission line and substation project at suburban Vikhroli which will enhance the power supply by 1,000 MW (1 GW) to […] Read more
The Charging Infrastructure Issue is an Overhyped Problem: Inderveer Singh Updated On Tue, Sep 29th, 2020 by Saurenergy Mobility tech startup EVage plans to soon launch the first home-built electric vehicles with a common platform for vans, delivery vehicles, trucks and SUVs. With the help of a team of scientists and aerospace engineers, the vehicles will have an “exoskeleton structure” that will not only enable it to launch multiple car variants on a […] Read more
NTPC Gets Shareholders’ Nod to Raise Rs 15000 Cr via Bonds Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. The funds are proposed to be raised on a […] Read more
Do Tesla’s Battery Day Announcements Signal Massive Acceleration for EV’s? Updated On Fri, Sep 25th, 2020 by Saurenergy On September 23, as Founder and CEO Elon Musk made a slew of announcements regarding the future prices of its models, fresh new battery technology, and even new manufacturing breakthroughs, he signaled a massive change for the EV category, yet again. Should he be taken at face value, or is this yet another way to […] Read more
Decarbonising Of Grids To Accelerate Due To Dropping Storage Costs Updated On Wed, Sep 9th, 2020 by Saurenergy Participants at one of the four technical sessions of the International Solar Alliance’s First World Solar Technology Summit held in India ventured into a key area- Decarbonising of Grids. An issue at the heart of the key challenge facing renewable energy, particularly, solar power. Grid Stability and adaptability. A key takeaway was that global regulators […] Read more
Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI Updated On Tue, Sep 8th, 2020 by Saurenergy A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […] Read more
Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island Updated On Mon, Sep 7th, 2020 by Saurenergy Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA – Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more […] Read more
Overall Electricity Demand Nearly at pre-Covid Levels: ICRA Updated On Thu, Sep 3rd, 2020 by Saurenergy The all India electricity demand is witnessing a gradual recovery and stood at 98 percent of the pre-COVID level in August 2020, finds ICRA The all India electricity demand is witnessing a gradual recovery and stood at over 96 percent of the pre-Covid level in July 2020 and further improved to close to 98 percent […] Read more
