Top 5 States Spearheading Rooftop Solar in India Updated On Thu, May 9th, 2024 by Saurenergy India has made strides in new solar capacity addition in the last few years. However, a considerable gap exists between rooftop solar (RTS) and utility-scale solar installations. Despite existing national and state-level schemes promoting rooftop solar, including the National Rooftop Scheme and state government subsidies, participation rates remained low. This is mostly because of the […] Read more
Honda Opens New R&D Facility In Bengaluru Updated On Thu, May 9th, 2024 by Saurenergy Japan-based Honda recently opened its new solution Honda R&D (India) (HRID) research and development (R&D) center in Bengaluru, Karnataka. The company HRID is a subsidiary of Honda Motor Co., Ltd. and functions as Honda’s research and development arm for motorcycles and power products in India. By setting up its recent plant in India, the company aims to achieve its […] Read more
IREDA Incorporates Subsidiary In GIFT City, Gujarat Updated On Thu, May 9th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary was officially incorporated on 7th May 2024, after receiving the No Objection letter from the Reserve Bank of India on […] Read more
No Upward Mobility Of Indian Green Stocks Today Updated On Thu, May 9th, 2024 by Saurenergy In the last one day, there seems to be a regressive day for the stocks of India’s leading green companies. Out of the 11 green companies in India, none of them saw a rise in their stock prices. In fact, one common scenario that came to the fore was a decline in the stock prices […] Read more
GreenCell Mobility Secures Rs 3bn Green Financing For UP Project Updated On Thu, May 9th, 2024 by Saurenergy GreenCell Mobility, a pioneer in the Electric Mass Mobility sector, has secured Green Financing from leading Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) for its Electric Bus project in Uttar Pradesh. This transaction not only marks the first Project Finance by a Japanese bank in the Electric Mobility domain in India but is also […] Read more
Clean Energy Investments Driving Global Job Creation, Finds Study Updated On Thu, May 9th, 2024 by Saurenergy Investment in the manufacturing of clean energy technologies, especially solar PV and batteries is expediting the process of creating new jobs and employment opportunities, according to a new report published by International Energy Agency. The agency said that investments related to clean energy technologies have become a powerful economic driver globally. The global investment in […] Read more
Tata Motors Launches New E-cargo Ace EV 1000 Updated On Thu, May 9th, 2024 by Saurenergy Tata Motors, an Indian commercial vehicle manufacturer, launched its all-new Ace EV 1000 an e-cargo mobility solution. The zero-emission mini-truck offers last-mile mobility, higher rated payload of 1 ton and a certified range of 161km on a single charge. The Ace EV is developed with inputs from its customers and the new variant to address […] Read more
Avaada, ACME Get HC Relief In Solar Warehouse Duty Case Updated On Thu, May 9th, 2024 by Saurenergy The Delhi High Court in a latest judgement gave relief to Indian solar project developers Avaada and ACME. These companies had earlier approached the high court with a writ petition seeking their intervention against the orders of the revenue department to impose duties on their solar warehouses and show cause notices related to the cancellation […] Read more
New Solar Projects In US Report Fewer Delays In 2023: EIA Updated On Thu, May 9th, 2024 by Saurenergy The Energy Information Administration (EIA), the federal body tasked with tracking energy policy in the US, recently reported fewer delays to install new utility-scale solar photovoltaic (PV) projects in 2023 than in 2022. EIA in its report said, “In 2023, solar developers pushed back the scheduled online date for an average of 19% of planned […] Read more
