EV Batteries in 5% GST Bracket to Support Faster Adoption Updated On Tue, Jul 5th, 2022 by Saurenergy The GST rates on lithium-ion battery packs have been reduced by the government from 18 percent to 5 per cent which is the lowest tax category. A statement by the Finance Ministry held, “Electric vehicles, whether or not fitted with a battery pack, are eligible for the concessional GST rate of 5 percent.” This was […] Read more
Kinetic Green Energy And Cholamandalam Sign Pact To Finance EVs Updated On Mon, Jul 4th, 2022 by Saurenergy Pune based EV manufacturer Kinetic Green Energy on July 4 announced that the buyers can finance their EVs with Cholamandalam Investment and Finance Company, Chennai-based Murugappa Group’s financial services arm. Both the companies having entered into an agreement, under which the customers can avail themselves of getting the EVs financed by Chola. Kinetic manufactures both electric […] Read more
Vikram Solar Welcomes Back Ivan Saha As CEO Updated On Mon, Jul 4th, 2022 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider, has announced the appointment of Ivan Saha as its new Chief Executive Officer (CEO). Saha was last working with leading developer Renew Power as its Chief Technical Officer, a role he took on after leaving Vikram Solar as its President and […] Read more
JSW Steel Pledges Rs 10,000 cr For Renewable Energy Investments Updated On Mon, Jul 4th, 2022 by Saurenergy JSW Group Chairman Sajjan Jindal has made a strong pitch for going green in it’s 2021-22 annual report. With an aim to reduce the carbon footprint of its operations and reduce dependence on coal based power, Jindal said that the company will be investing Rs 10,000 crore to increase it’s use of renewable energy. The […] Read more
Log9 Materials Showcases It’s Full EV Range At Expo Updated On Mon, Jul 4th, 2022 by Saurenergy Bengaluru-based Electric vehicle startup Log9 Materials, with its indigenously-developed innovations/technology-based solutions for the EV, energy storage, and other allied domains (Last-Mile Delivery) is in hyper active mode. From multiple partnerships, to participating in industry expos, to even investments in other startups, the firm and its founders have been very busy lately. At a recent green […] Read more
China Underlines Renewables Dominance With Best Ever Global Inverter Rankings Updated On Mon, Jul 4th, 2022 by Saurenergy Chinese inverter manufacturers have bagged 6 out of the top 10 spots in the 2021 rankings of global inverter majors by volumes shipped. The rankings, released by IHS Markit, will have come as no surprise to observers, having seen the strong push by these players over the past few years. The only surprise is within […] Read more
Five Asian Countries Listed In Top 10 Economies Powered By Solar Energy Updated On Mon, Jul 4th, 2022 by Saurenergy Of the top ten economies powered by solar power, 5 are from Asia. This is a major breakthrough given that a decade ago, only two Asian countries were on the list, while European countries dominated the solar rankings. The Asian countries on the list have witnessed a decade of steady growth, accelerating its solar capacity. […] Read more
Ciel & Terre India Stepped Up For 73.4 MWp Kayumkulam Floating Solar Updated On Mon, Jul 4th, 2022 by Saurenergy Ciel & Terre India, the subsidiary of French floating solar pioneer Ciel & Terre International, has executed the installation and completion of a 73.4 MWp floating solar plant at National Thermal Power Corporation, Kayamkulam, Kerala. For the firm, the project was a significant milestone, as it delivered it’s made in India floats in record time […] Read more
Soren May Unveil New Jharkhand Solar Policy On July 5 Updated On Mon, Jul 4th, 2022 by Saurenergy An ambitious new solar policy is going to be unveiled by Jharkhand Chief Minister Hemant Soren on July 5 to increase clean energy capacity from 45 MW to 4,000 megawatts in the next five years and attract the investors. The Jharkhand Solar Policy, 2022 will encourage residential rooftop solar panels in cities besides a better […] Read more
