Growth Of EV Market Highest In China, EU, Says WRI Report Updated On Tue, Nov 21st, 2023 by Saurenergy Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […] Read more
Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report Updated On Thu, Nov 16th, 2023 by Saurenergy A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally. It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […] Read more
Suzlon Sees Increased Demand Behind Its Surged EPC Business Updated On Wed, Nov 15th, 2023 by Saurenergy Indian wind turbine manufacturer Suzlon claimed that the increased demand in the wind energy market and the wide range of services rendered by the company led to its increase EPC market. The information was shared by the top officials at the recent investors call. “..more is coming in because of the demand from the market. […] Read more
Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024 Updated On Wed, Nov 15th, 2023 by Saurenergy Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call. In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […] Read more
India’s Solar Capacity Touches 72 GW, Rajasthan Takes The Lead Updated On Tue, Nov 14th, 2023 by Saurenergy India’s total installed capacity of solar power has touched 72 GW. The updated energy data from the Ministry of New and Renewable Energy (MNRE) was shared on its website. The MNRE data states that the largest capacity came from ground-mounted solar. The latest data said that the Ground-mounted solar capacity stood at the highest of 55 GW. The biggest beneficiary state […] Read more
Solar Inverter Firm Growatt Pins Hopes On its MAX Series To Boost Growth Updated On Tue, Nov 14th, 2023 by Saurenergy Over the past decade, solar inverter firm Growatt has maintained its strong presence and growth in the Indian solar market. The employment of advanced technology along with localized strategy has made it possible for the Growatt inverters to mark presence in India. India’s installed solar capacity has grown significantly from 1.2 GW in 2012 to […] Read more
InterGlobe, Archer Partner To Launch All-Electric Air Taxi Service in India Updated On Fri, Nov 10th, 2023 by Saurenergy Indian travel and hospitality conglomerate InterGlobe Enterprises and Archer Aviation have announced entering into a memorandum of understanding (MOU) to launch and operate an all-electric air taxi in India. Archer Aviation deals with electric vertical takeoff and landing (eVTOL) aircraft. The firm said that Archer’s midnight aircraft is a piloted, four-passenger electric vertical takeoff and landing […] Read more
BEE Releases Norms For India’s Compliance Carbon Credit Market Updated On Thu, Nov 9th, 2023 by Saurenergy The Bureau of Energy Efficiency (BEE) has now issued a draft procedure for compliance mechanisms under the Carbon Credit Trading System (CCTS). The detailed document talks about the compliance mechanism, GreenHouse Gas (GHG) emission intensity trajectory, verification process and issuance of carbon credits and others. It said that the Ministry of Environment, Forest and Climate Change (MoEF) […] Read more
BluSmart Becomes First E-Mobility Firm To Get Carbon Credits Certified Updated On Thu, Nov 9th, 2023 by Saurenergy Indian electric only ride hailing service provider BluSmart today claimed that it has become the first Indian EV cab firm to receive carbon credit accreditation. The certification was done by Verra, a global non-profit corporation. The company received the credits due owing to its emission free operations, leafing to reduction in carbon-dioxide emissions for the […] Read more
