Ireland Hopes for 1334 MW Of RE Additions After Round 4 of Capacity Auctions Updated On Thu, Sep 12th, 2024 by Saurenergy Provisional results from the fourth round of the Irish Renewable Energy Support Scheme (RESS 4) confirm 1,334 MW of renewable energy bids that meet criteria. Of this, 960MW is solar PV and 374MW onshore wind. The average auction price has come in at €96.85 (£81.73) per MWh, with the generation-weighted average price for solar projects […] Read more
No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme Updated On Thu, Sep 12th, 2024 by Saurenergy The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […] Read more
EV Industry Expects PM E-Drive To Boost Electric Mobility Updated On Thu, Sep 12th, 2024 by Saurenergy A day after the Union Cabinet chaired by the Prime Minister Narendra Modi approved the proposal of Ministry of Heavy Industries (MHI) for the implementation of scheme titled ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme’ for the promotion of electric mobility in the country, several industry leaders reacted to the development […] Read more
Green Stocks Sep 11: Suzlon, Borosil Renewables Hold Up On A Rough Day Updated On Wed, Sep 11th, 2024 by Saurenergy On a day when the market was down almost 0.5%, green stocks in our list suffered disproportionately, victims of their own success in the previous few months. The market has been nervous, and news lined to any move on the policy front or order front has been the usual trigger for these stocks. Today, there […] Read more
DNV Launches New Service Against Hail Risk To Solar Modules Updated On Wed, Sep 11th, 2024 by Saurenergy DNV, the independent energy expert and assurance provider, today launched a new service to provide solar photovoltaic developers actionable, verified assessments of large hail risk across North America. DNV has partnered with Jupiter Intelligence, a climate risk analytics firm, to leverage its gold standard climate science for a first of its kind, robust statistical approach […] Read more
Trinasolar Gets €150 Mn Credit Facility To Support IPP Transition Updated On Wed, Sep 11th, 2024 by Saurenergy Trinasolar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit (ISBU). The company now plans to focus on the development of utility-scale solar power and battery storage projects with this […] Read more
MNRE Proposes RESCO, Aggregation Model To Boost Rooftop Solar Updated On Wed, Sep 11th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released draft guidelines aimed at boosting the growth of the residential rooftop solar segment. According to the draft plan, rooftop solar systems can be installed on consumers’ rooftops without requiring any initial capital investment. The ministry has asked the public and the stakeholders concerned to send […] Read more
Chinese Provinces Seek To Build EV Momentum With Higher Incentives Updated On Wed, Sep 11th, 2024 by Saurenergy China, which has built the most formidable Electric vehicle ecosystem under the very noses of global competitors over the past 15 years, is in no mood to let the advantage slip. Electric car sales, which are expected to keep rising and top 17 million units in 2024, accounting for over 20% of cars sold worldwide. […] Read more
Honda To Launch Electric Scooter In FY25 Updated On Wed, Sep 11th, 2024 by Saurenergy Honda Motorcycle & Scooter India (HMSI) is preparing to enter the electric scooter market soon. This comes at a time when several two wheeler automobile companies in India have started to penetrate the electric vehicle market with newer products. Yogesh Mathur, Director of Sales and Marketing of Honda Motorcycle announced that the automobile maker has […] Read more
