Indian scientists develop green tech, pave way for low-cost, durable fuel cells Updated On Fri, Mar 25th, 2022 by Saurenergy The latest development in the advancement of green energy tech is Indian scientists’ indigenous fabrication of a platinum-based electrocatalyst for use in fuel cells. The electrocatalyst developed showed comparable properties to the commercially-available electrocatalyst in terms of its performance in fuel cells, superior corrosion resistance and could enhance the lifetime of fuel cell stack performance. Fuel […] Read more
Government Targets 4,000 MW Rooftop Solar Capacity Addition In Residential Sector Updated On Thu, Mar 24th, 2022 by Saurenergy Union Minister for Power and New and Renewable Energy RK Singh has informed the Parliament that MNRE is targeting 4,000 MW rooftop solar (RTS) capacity addition in residential sector through Central Financial Assistance (CFA) under the Rooftop Solar Programme (Phase-II). The Union Minister said in a written response to a question asked in the Rajya […] Read more
Vikram Solar Limited files DRHP with SEBI Updated On Thu, Mar 24th, 2022 by Saurenergy Vikram Solar Limited (VSL), one of India’s largest solar module manufacturers, in terms of operational capacity, and also an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services, and operations and maintenance (“O&M”) services as of December 31, 2021, has filed its DRHP with SEBI. With this, VSL follows another industry leader, […] Read more
MHI sanctions 2877 EV charging stations under FAME Phase-II Updated On Thu, Mar 24th, 2022 by Saurenergy The Ministry of Heavy Industries (MHI) has sanctioned 2877 charging stations in 68 cities across 25 states/UTs under Phase-II of FAME India Scheme. The details of solar-based charging stations sanctioned and installed in the cities and states under FAME India Scheme Phase-II are as follows: Additionally, MHI has sanctioned 1576 EV Charging Stations across 16 […] Read more
Solar recharging of EVs far more efficient use of land than ethanol crops for blended fuel in India: IEEFA Updated On Thu, Mar 24th, 2022 by Saurenergy A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) shows that generating solar energy to recharge electric vehicle (EV) batteries would be a far more efficient use of land than growing crops for ethanol. India’s 2025 target for 20% ethanol blending in petrol requires large increases in ethanol from sugar and […] Read more
AMPYR, Hartree Collaborate to Build 5GW of Solar Power in USA Updated On Thu, Mar 24th, 2022 by Saurenergy AGP Sustainable Real Assets has formed a joint venture (JV) with Hartree Partners to develop 5GW of utility-scale solar projects across the US. The new joint venture is named AMPYR Energy USA and will be headquartered in New York. The new entity will leverage the experience of AGP that has developed large scale RE projects […] Read more
Bounce Infinity partners with Greaves Retail for battery swapping stations Updated On Thu, Mar 24th, 2022 by Saurenergy Swappable battery infrastructure provider Bounce Infinity has partnered with Greaves Retail, the retail business division from Greaves Cotton, to provide battery swapping stations for its EV fleet to accelerate the adoption of affordable mobility with battery-as-a-service. The battery swapping service will be for both electric 2-wheelers (Ampere) and 3-wheelers. The company has identified Bengaluru as […] Read more
PLI scheme to account for 13-15% capex in key industrial sectors over 3-4 years: Crisil Updated On Thu, Mar 24th, 2022 by Saurenergy Production Linked Incentive (PLI) scheme will account for 13-15 per cent of the average annual investment spending in key industrial sectors over the next three-four years, according to a report by Crisil. Since its introduction in March 2020, PLI has been announced for 15 sectors, involving government incentives to the tune of Rs 1.93 lakh […] Read more
‘Grandfathering’ Of Solar Projects Bid Out Before March 9, 2021 Back on Agenda Updated On Thu, Mar 24th, 2022 by Saurenergy The thorny issue of protecting projects that were bid out before March 9, 2021 subsequent to which the Power and MNRE Minister R.K. Singh announced plans to impose high customs duties on Solar module and cell imports, moved a step closer to a resolution it seems. Mr Singh has confirmed that the MNRE ministry has […] Read more
