Sun Stellar Collaborates With DRDO-DIHAR On Solar Project In Ladakh Updated On Tue, Jan 16th, 2024 by Saurenergy A recent collaboration was undertaken between Sun Stellar, a solar energy solutions provider, and the Defence Research and Development Organization (DRDO) and Defence Institute of High-Altitude Research (DIHAR) Leh – Lab in Ladakh UT. This collaboration between the company and the research and development laboratory of Defence was undertaken to design a sustainable solar space heating […] Read more
Mahindra, Ontario Teachers’ Co-Sponsor 2262.8 Crore Renewable Project Updated On Mon, Jan 15th, 2024 by Saurenergy Mahindra Group, a farm equipment, utility vehicles, information technology and financial services businesses in India, and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), an institutional investor, have co-sponsored an Infrastructure Investment Trust (InvIT) in the renewable energy space. The InvIT, ‘Sustainable Energy Infra Trust’ (SEIT), is India’s InvIT in the renewable energy space. SEIT has […] Read more
Three-Wheeler EV Sales In India Increased By 65.23% In 2023: FADA Updated On Mon, Jan 15th, 2024 by Saurenergy The Federation of Automotive Dealer Association (FADA) released its data on Electric-Three-Wheeler auto retail for the month of December’23 and also for the (Cyclic Year) CY 2023. The data revealed several trends and hinted at the continuous rise of the segment in India. Electric – Three – Wheler FADA in its data for the Cyclic […] Read more
E-Fuel Blending In EVs Can Reduce Fossil Fuel Dependence By 2028: IEA Estimates Updated On Mon, Jan 15th, 2024 by Saurenergy A recent report by International Energy Agency (IEA) found that a combination of electric vehicles (EVs) and biofuels is anticipated to significantly reduce global oil demand. It’s estimated to offset 4 million barrels of oil-equivalent per day by 2028, constituting over 7% of the predicted oil demand for transportation. The IEA report on E-fuel mentioned, […] Read more
Certified Heat Pump Installations In UK Increased By 20%: MSC Data Updated On Mon, Jan 15th, 2024 by Saurenergy A recent data by MCS Foundation, an industrial body in the United Kingdom (UK) stated that certified heat pump installations in the country witnessed an increase by nearly around 20 percent in 2023. It accredited this jump to an increase in the demand for renewable energy technologies that reached its highest ever level in the […] Read more
EU Adds 17 GW New Wind Energy In 2023, Fails To Meet 30 GW Target Updated On Mon, Jan 15th, 2024 by Saurenergy A latest data by WindEurope found that European Union (EU) built 17 GW of new wind farms in 2023. The report also said that the EU installed 14 GW of onshore and 3 GW of offshore wind energy. The EU report stated, “These numbers are slightly up on 2022 and are the most the EU has ever built […] Read more
Govt Extends Benefits To Open Access Consumers, Notifies New Rule Updated On Fri, Jan 12th, 2024 by Saurenergy The Ministry of Power has amended its Electricity (Second Amendment) Rules 2023 and inserted new provisions to regulate the sector. These new provisions are related to the rules related to the General Network Access (GNA) and Open Access Consumers in the country. In its newly amended rules, the ministry talked about the additional surcharge for open access […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
NIIF’s India-Japan Fund To Invest Rs. 400 Crore In Mahindra Last Mile Mobility Updated On Fri, Jan 12th, 2024 by Saurenergy Indian automotive company Mahindra & Mahindra Ltd. (M&M) and India-Japan Fund (IJF), a fund managed by National Investment and Infrastructure Fund Limited (NIIF) have executed a binding agreement for IJF to invest Rs. 400 Crore in Mahindra Last Mile Mobility Limited (MLMML). It claimed to house M&M’s last-mile mobility business including three wheelers (Alfa, Treo, […] Read more
