CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026 Updated On Wed, Apr 13th, 2022 by Saurenergy Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […] Read more
Canada’s e-Zinc raises $25 M to advance long-duration energy storage Updated On Tue, Apr 12th, 2022 by Saurenergy Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […] Read more
“European Quality Product Below Chinese Prices Is Our Edge”, Sandeep Goyal Updated On Tue, Apr 12th, 2022 by Saurenergy A thriving solar inverter market in India shadows the overall growth of solar, and is poised strongly till 2030 and beyond. Pyramid Electricals is one of those rare Indian firms that have come up the hard way in the electronics sector. With their own R&D, technocrat founders, and now, plans to scale up to large […] Read more
Clean energy spending has jumped 50% to record levels since Oct end: IEA Updated On Tue, Apr 12th, 2022 by Saurenergy Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […] Read more
SJVN, BHEL, REMC sign MoU to Develop Renewable Energy for the Railways Updated On Tue, Apr 12th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) has announced that it has signed a Memorandum of Understanding with other two state owned companies – engineering firm Bharat Heavy Electricals Limited (BHEL) and Railway Energy Management Company (REMC) Limited for the development of renewable energy projects. In an official statement SJVN Chairman and Managing Director (CMD), Nand Lal Sharma […] Read more
Grid Solutions (GE) to Help ReNew Power to Develop Renewable Energy Zones in India Updated On Thu, Apr 7th, 2022 by Saurenergy Grid Solutions business of the US-based General Electric (GE) has said that the company has entered into a multi-million dollar contract with Renew Power Pvt Ltd – one of the leading renewable energy players in India – to build two 400 kV substations in Karnataka. The work will be a part of the plan to […] Read more
New $100M fund launched for climate tech invt in North America, Europe Updated On Thu, Apr 7th, 2022 by Saurenergy VC firm Voyager Ventures has announced its first fund of $100M. Fund I invests in early-stage climate technology companies in North America and Europe. “We’re excited to back Voyager as a stand-out early-stage climate tech investing firm,” said Eva and Logan Green, CEO of Lyft. “We are impressed by Sarah and Sierra’s knowledge, operational expertise, […] Read more
Senior Renewable Energy Engineer Updated On Wed, Apr 6th, 2022 by Saurenergy We are looking for an enthusiastic candidate who supports the further growth, development, and service delivery of the energy consulting team, with a particular focus on electrical and/or mechanical engineering aspects of our projects, but also business development and project management (leading our internal teams) of Solar PV, wind, energy transition and mini/microgrid projects. Focus […] Read more
Lead – Technical Sales & Project Management Updated On Wed, Apr 6th, 2022 by Saurenergy The company is looking to recruit an ambitious and energetic President for the Solar Solutions team to co-lead candi’s BD efforts with the President of Business Development, driving candi’s project growth in India. This is a critical position for the company as the candidate will lead all technical aspects of solar project delivery, including contract […] Read more
