India Allocated Rs 5.2cr To Subsidize 11.53 lakh Electric Vehicles: Govt Updated On Tue, Dec 26th, 2023 by Saurenergy Latest data from the Ministry of Heavy Industries claimed that the Union government allocated a total of Rs 5.2 crore as subsidies to incentive 11.53 lakh electric vehicles (EVs) in the country by the end of December 1, 2023. The information was recently shared by the ministry in a media statement. The ministry said that […] Read more
Parliamentary Standing Committee Recommends Incentives Under FAME Scheme Updated On Fri, Dec 22nd, 2023 by Saurenergy A standing committee report on ‘Promotion of Electric Vehicles (EV) In the Country’, mentions that, among category-wise EV, the production and sale of EV-three-wheeler vehicles is found to be highest in India. It recommends that the ministry should broaden the scope and extend FAME-II Scheme for at least three more years. This would support the […] Read more
Six Solar Manufacturing Companies Establish Alliance to Standardize 700W+ Modules Updated On Fri, Dec 22nd, 2023 by Saurenergy Trina Solar, a PV and energy storage solutions firm has announced that it has established a “Photovoltaic Open Innovation Ecological Alliance” with five other manufacturers. They claim that this joint initiative would bring standardizing in applying the design of 700W+ PV modules. Other companies that are part of the alliance are, Astronergy, Canadian Solar, Risen […] Read more
UK-EU New Trade Rule To Support, EV Manufacturers And Consumers Updated On Fri, Dec 22nd, 2023 by Saurenergy The United Kingdom government (UK) and European Union (EU) have recently announced their agreement to extended trade rules on electric vehicles (EVs). The move is set to help the manufacturers and consumers save up to £4.3 billion in additional costs. This agreement can provide long term certainty for automotive industry and boost electric vehicle sales […] Read more
Sabarmati Multi Modal Transit Hub Develops 700 kWp Rooftop Solar Plant Under RESCO Mode Updated On Fri, Dec 22nd, 2023 by Saurenergy The Sabarmati Multi Modal Transit Hub building in Ahmedabad, Gujarat has installed 700 kWp Solar Power Plant under the (Renewable Energy Service Company) RESCO mode. It claims that this is the first time that Gujarat developed – Roof-Top Solar Plant under RESCO Mode. The Sabarmati hub is a multi-modal transit building which will provide seamless […] Read more
Europe Witnesses Surge In Electric Car Adoption By 50%: ACEA Updated On Thu, Dec 21st, 2023 by Saurenergy European Automobile Manufacturers’ Association (ACEA) stated that there has been an increase in new battery electric car registrations by 20%. In August 2023, the European Union (EU) car market expanded by 21%, reaching 787,626 registered units, marking the thirteenth consecutive month of growth. Despite august typically being a slower month for car sales, double-digit gains […] Read more
11.61 Lakh Electric Vehicles Sold Under FAME-II Scheme, Says Govt Updated On Thu, Dec 21st, 2023 by Saurenergy The Minister of Heavy Industry (MHI) Minister, Mahendra Nath Pandey recently shared data on the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) Scheme in the parliament. The scheme operated for a period of five years commencing from 1st April 2019 with a total budgetary support of Rs. 10,000 crores. The minister said […] Read more
UP Continues To Host Largest EV Share In India, Govt Tells Parliament Updated On Thu, Dec 21st, 2023 by Saurenergy Minister of State (MoS) of Heavy Industries of India, Krishan Pal Gurjar recently told the Lok Sabha that Uttar Pradesh (UP) continued to host the highest number of electric vehicles (EVs) in the country. This came to the fore when the minister furnished the state-wise list of sales of EVs across India. As per the […] Read more
European Union Invests €2 Billion In Clean Energy Infrastructure Projects Updated On Thu, Dec 21st, 2023 by Saurenergy The European Union (EU) recently disbursed modernization fund, of €2.17 billion to help the energy within nine Member States through 19 selected projects. These investments are set to help lower-income EU countries to meet their 2030 climate and energy targets. It will help to reduce greenhouse gas (GHG) emissions in energy, industry and transport, and […] Read more