Row Over Misuse of FAME-II Subsidies Reaches Parliament Updated On Wed, Jul 26th, 2023 by Saurenergy The ongoing controversy over the misuse of the Union government’s FAME-II scheme recently reached the corridors of the Indian Parliament. The development comes after the Union government was recently forced to take action against the errant Electric Vehicle (EV) manufacturers who allegedly flouted the scheme norms to claim subsidy. In the latest Monsoon Session of […] Read more
Lithuania’s Solitek to Set Up 600 MW Module Assembly Facility in Italy Updated On Tue, Mar 28th, 2023 by Saurenergy Lithuania-based solar PV maker Solitek has announced that the firm will be now expanding its operations in South of Europe with Italy. In a key decision, Solitek will be building a new solar module assembly plant in Benevento. According to reports, Solitek will have a capacity of 600 MW annually. The firm will manage funds […] Read more
The Top 5: Countries Offering Highest Incentives To EV Consumers Updated On Fri, Feb 17th, 2023 by Saurenergy Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […] Read more
Charging A Crayon Scooter Is As Simple As Charging A Mobile Phone: Mayank Jain, Director, Crayon Motors Updated On Fri, Jul 29th, 2022 by Saurenergy Mayank Jain, Director, Crayon Motors, began his career at the organisation in 2019. Under his leadership, he steered the EV start-up company into a direction that makes it one of the fastest-growing EV firms in less than two years. Even though he had the option to pursue MBA from the esteemed IE Business School after […] Read more
Draft Battery Swapping Policy From Niti Aayog- Key Points Updated On Fri, Apr 22nd, 2022 by Saurenergy The much awaited Draft Battery Swapping Policy is finally out. Released by the Niti Aayog, the new policy is widely expected to give a push to the EV transition, by helping add incentives for manufacturers, lower costs for consumers, and setting standards for interoperable batteries. A battery swapping policy is seen by many experts as […] Read more
Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […] Read more
Uttar Pradesh Announces Rs 15-30 Thousand in Rooftop Solar Subsidies Updated On Thu, Mar 12th, 2020 by Saurenergy UPNEDA has announced the state, central subsidies to be provided for rooftop solar projects that will be set up in the residential sector in Uttar Pradesh The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has announced the state and central subsidies that will be provided for rooftop solar projects that will be set […] Read more
Storage Subsidies. With or Without Renewables? Updated On Thu, Oct 24th, 2019 by Saurenergy The Award of the Nobel Prize in Chemistry to three scientists who have played a key role in the development and commercialisation of Lithium storage batteries, is a true indicator of the critical role of storage today. More so at a large scale now. The changes happening on the Energy storage subsidy front in the […] Read more
India Mulls Subsidies for Battery Manufacturing Updated On Tue, Aug 6th, 2019 by Saurenergy The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […] Read more