Hero MotoCorp Invests Rs. 124 Crore In Ather Energy Updated On Fri, Jun 7th, 2024 by Saurenergy Delhi-based Hero MotoCorp invested, up to Rs. 124 Crore in Ather Energy an electric two-wheeler company in Bengaluru. Ather Energy is engaged in designing, manufacturing, selling, and servicing electric two-wheelers. It has business spread out in charging infrastructure, storage, distribution, and management of electric power. This included energy investment in batteries and other ancillary services. […] Read more
Changing Renewable LCOE Dynamics To Favour Big Companies: Report Updated On Fri, Jun 7th, 2024 by Saurenergy A latest report by Lazard on the Levelized Cost of Energy (LCOE) claimed that the changing dynamics of LCOE is the United States (US) is likely to benefit the larger companies. It said that the results of its LCOE analysis hinted that sizable and well capitlized companies can take advantage of the supply chain and […] Read more
SC Net Zero Ventures Raises €125 Mn For Energy Transition Updated On Fri, Jun 7th, 2024 by Saurenergy SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […] Read more
Motovolt, ZEVO Partner To Boost Electric Mobility Updated On Fri, Jun 7th, 2024 by Saurenergy Electric bike manufacturer Motovolt Mobility has collaborated with ZEVO to deploy 5,000 of its flagship M7 electric scooters. The companies involved said that this alliance signifies a collective effort towards promoting the widespread adoption of EVs for all delivery needs, promising a more sustainable future in urban mobility and last-mile logistics. ZEVO is a tech-enabled […] Read more
US DOE To Invest $9.5 Million In Four Solar Projects Updated On Fri, Jun 7th, 2024 by Saurenergy The U.S. Department of Energy (DOE) has declared plans to invest $9.5 million in four new projects with the goal of increasing public awareness and confidence in large-scale solar advancements. This program supports the US’s objective of having net-zero carbon emissions by 2050, which is an important step given that the DOE estimates that 40% […] Read more
India Expected To Spend $385 Bn To Reach RE Target: Moody’s Updated On Fri, Jun 7th, 2024 by Saurenergy Moody’s Ratings, a bond credit rating business of Moody’s Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity generation for the next decade, said Moody’s Ratings. India, one […] Read more
Kiwa PVEL’s Scorecard: Adani Solar, Waaree Maintain Top Positions Updated On Fri, Jun 7th, 2024 by Saurenergy Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group and Waaree Solar have been been recognized as a Top Performers in the 10th Edition of Kiwa PVEL’s PV Module Reliability Scorecard. Kiwa PVEL is a leading independent laboratory serving the downstream solar industry. Their annual Scorecard highlights manufacturers that have produced PV […] Read more
Orb Energy Partners SBI Under Surya Shakti Solar Finance Scheme Updated On Fri, Jun 7th, 2024 by Saurenergy Orb Energy has announced its partnership with the State Bank of India (SBI). This agreement designates Orb Energy as an approved vendor under SBI’s Surya Shakti Solar Finance Scheme. Launched by SBI, the country’s largest lender, the Surya Shakti scheme aims to enhance the financing options available for solar power projects. Through this collaboration, SBI […] Read more
How Chinese Solar Glass Dumping Triggers Price War In India? Updated On Fri, Jun 7th, 2024 by Saurenergy The selected Indian solar glass manufacturing companies in India had been reiterating the demand for imposing import duties (tariff barriers) against the dumping of cheap Chinese and Vietnamese solar glasses. However, it is still under consideration of the Indian government. The decision to impose such a duty has been shifted to September 2024 which was […] Read more
