CERC Relents, Allows GST Compensation On O&M Expenses To Azure Power, Others Updated On Mon, Nov 28th, 2022 by Saurenergy In a key development, the Central Electricity Regulatory Commission (CERC) has finally relented, and ruled in favour of GST compensation for a clutch of developers in seven cases (5 of which involve Azure Power owned entities). The issue has been contested around the treatment of GST on O&M (Operations and maintainence) contracts of solar projects […] Read more
EVgo: A Convenient, Reliable, & Affordable EV Charging Network Updated On Fri, Nov 25th, 2022 by Saurenergy USA’s EVgo offers a public fast-charging network for electric vehicles, currently operating in metro markets across the country. Since its founding in 2010, the firm has been building its presence in cleaner transportation and has become the largest public DC fast-charging network for EVs in the US. Headquartered in Los Angeles, California, EVgo leads the […] Read more
Delta Has Delivered Over 1 Million EV Chargers Worldwide Since 2009 Updated On Fri, Nov 25th, 2022 by Saurenergy Founded in 2003, Delta Electronics India is among the leading power and energy management companies in the country. With operations in three business categories, namely power electronics, automation and infrastructure, the firm has made its presence felt across India with more than four manufacturing facilities, 200 channel partners and two R&D centres. Amit Gupta, Business […] Read more
Germany’s ib vogt Begins Construction on Spain Project, Signs PPA with Google Updated On Thu, Nov 24th, 2022 by Saurenergy German’s turnkey PV plants provider, ib vogt has started construction on the 149 MWp Garnacha solar power plant located in the province of Zamora in Spain. The project signed a power purchase agreement (PPA) with Google for a period of 12 years, signaling the first major collaboration between ib vogt and Google. With a €90m […] Read more
Energy Transition Firm Transition VC Floats First Fund Worth Rs 400 Cr Updated On Thu, Nov 24th, 2022 by Saurenergy Bengaluru-based first venture capital firm dedicated to energy transition, Transition VC, has launched its first fund with a target corpus of Rs 400 crore and a greenshoe option of Rs 200 crore. Transition VC will invest in seed rounds of firms in a variety of transitioning industries, including new energy, e-mobility, green hydrogen, energy storage, […] Read more
Ather Energy Inaugurates Second Manufacturing Unit in Tamil Nadu Updated On Thu, Nov 24th, 2022 by Saurenergy Bengaluru-headquartered electric scooter manufacturer, Ather Energy recently opened a second manufacturing plant in Hosur, Tamil Nadu. To better meet the rising demand for its flagship scooters, the Ather 450X and 450 Plus, the brand will be able to increase its production capacity to 420,000 units annually with the aid of the 300,000-square-foot facility. The 300,000-square-foot […] Read more
Tesla Constructs Europe’s Biggest Battery Next to Dogger Bank Offshore Wind Project Updated On Thu, Nov 24th, 2022 by Saurenergy A Tesla battery developer has claimed to be the largest battery deployed in Europe so far by storage capacity. The battery has been turned on in northeast England, close to the grid connection point for the sizable Dogger Bank offshore wind farm- a joint venture between SSE Renewables, Equinor (40%) and Vårgrønn. The industry leader […] Read more
Deloitte Report: Success Factors for Low-Carbon Future in Power Sector Updated On Tue, Nov 22nd, 2022 by Saurenergy A study entitled “Success Factors for a Low-Carbon Future in the Power Sector” has been released by Deloitte India. The development of new technologies and the creation of a framework to reduce risk are being supported by numerous governments and multilateral organizations, which are helping to facilitate the energy transition. Although every nation is distinct, […] Read more
Innovative Battery Tech Startup Clean Electric Raises $2.2mn Led by Kalaari Capital Updated On Tue, Nov 22nd, 2022 by Saurenergy Clean Electric, an innovative energy storage solutions start-up, raises $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital company with offices in Bengaluru. Additionally taking part in the round were Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Intense safety and performance problems for EVs such as battery […] Read more