Empowering a sustainable lifestyle transition for consumers, Gentari Go introduces seamless electric vehicle solutions, marking a major leap towards green mobility and home energy management.
Products to offer better performance and efficiency
This move is part of Sunsure Energy’s strategic plan to drive the shift towards green energy and become a full-stack independent power producer with a target of developing 5 GW of RE assets by 2028.
The round was led by 3one4 Capital, with participation from Saison Capital, Zephyr Peacock, Force Ventures & Alteria Capital. Vidyut to deploy new funds to scale its new offerings that include EV insurance, lifecycle management and EV resale
The total project capacity will be 1500 KW, with a total cost amounting to 6 crore rupees. Once the complete project is operational, it will produce 7500 units of electricity daily, surpassing the plant’s daily consumption needs.
The primary focus shall be on production of electric buses, while also having capability to produce other vehicles powered by existing and other emerging alternate fuels.
Bajaj Hindusthan Sugar presently generates around 500,000 M.T. of press mud annually from its 14 operational sugar mills which can potentially help set up CBG plants with a total capacity of 70 M.T. per day.
In sync with the government’s mission, Vareyn Solar’s expansion into residential solar solutions complements the PM Suryodaya Yojana.
The MoU comprises various provisions aimed at enhancing support for renewable energy projects. These include joint lending, loan syndication and underwriting, management of Trust and Retention Account (TRA) for IREDA borrowers, and working towards competitive terms of sanction, including pricing on IREDA borrowings.
The award has been conferred in recognition of REC’s CSR initiative of installation of 2 MW rooftop solar plant at IIT Madras. The solar plant generates around 3.15 million units of clean energy every year, thus helping IIT Madras reduce its carbon footprint.
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