Thailand, India Can Pose Challenge To China’s EV Market: Report Updated On Thu, Jun 13th, 2024 by Saurenergy Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario. The Bloomberg […] Read more
Access To Public Finance Key To Clean Energy Adoption In India: IEA Updated On Thu, Jun 13th, 2024 by Saurenergy The International Energy Agency (IEA) recently reported an increased usage of modern renewable energy between 2010 and 2021. The United Kingdom and Indonesia have reportedly made the greatest progress in the use of modern renewables (up 9 and 7 percentage points, respectively, in total final energy consumption). The two countries were closely followed by China, […] Read more
Tata Power Deploys 850+ Charging Points Across India Updated On Thu, Jun 13th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), an integrated power company and an electric vehicle charging service provider, deployed 850+ charging points in key metropolitan areas. The company has set up charging points across 30+ bus depots in cities such as Delhi, Mumbai, Ahmedabad, Bengaluru, Jammu, Srinagar, Dharwad, Lucknow, and Goa. Tata Power claims to have […] Read more
Green Stocks June 12: Gensol, Waaree Stock Prices Up By 5% Updated On Wed, Jun 12th, 2024 by Saurenergy In the stock market today, seven out of 11 stocks received positive growth in their numbers. Stock prices of companies like Waaree Renewables and Gensol Engineering stock rose by 5% whereas, five companies saw a drop in prices, with Sterling and Wilson stocks facing a dip of 3.79%. Company name Closing Price On May 11 […] Read more
GUVNL Awards Gensol 250 MW/500 MWh BESS Project Updated On Wed, Jun 12th, 2024 by Saurenergy Gujarat-based, state electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) declared Gensol Engineering as the lowest bidder for the project in a energy storage tender issued by them. The EPC company emerged as the lowest bidder for its 250 MW/500 MWh standalone battery energy storage systems (BESS) project. GUVNL released the tender for this […] Read more
Vibrant Energy Appoints Vinay Pabba As Its New CEO Updated On Wed, Jun 12th, 2024 by Saurenergy Hyderabad-based, Vibrant Energy, an owner and developer of corporate renewable energy solutions, announced the appointment of Vinay Pabba as its next Chief Executive Officer (CEO). Vinay Pabba, currently Vibrant Energy’s Chief Operating Officer (COO), will shortly be stepping up into the role of CEO. He brings with him a deep understanding of the renewable energy […] Read more
China’s ‘Spare Solar’ Capacity Offers Energy Access Avenues: EMBER Updated On Wed, Jun 12th, 2024 by Saurenergy A recent report by EMBER delved into the untapped potential of surplus solar manufacturing capacity in China, highlighting its pivotal role in addressing both energy access and climate change. It revealed that despite the exponential growth in global solar manufacturing capacity, the deployment of solar panels worldwide lags significantly behind. According to estimates by the […] Read more
Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project Updated On Wed, Jun 12th, 2024 by Saurenergy Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process was initiated after the Hornet Solar project’s financial close in December 2023. This signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure. “This […] Read more
Blive Unveils EZY Electric Vehicle Rental Program Updated On Wed, Jun 12th, 2024 by Saurenergy BLive, an e-mobility platform, launched the ‘BLive EZY EV Rental Program’. This program is for last-mile mobility partners to bridge the financial gaps that delivery riders face when transitioning to electric vehicles (EVs). The integrated AI-enabled platform brings together the entire EV ecosystem, including EV manufacturers, demand generation partners like Zomato and Swiggy, leading finance […] Read more