EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
China’s Benling Planning New E-Bike Launch in India Updated On Mon, Aug 12th, 2019 by Saurenergy After successfully selling close to 800 electric two-wheelers in the country, Chinese EV maker Benling India is planning to launch an all-new electric bike to rival India’s Revolt 400. Boosted by the demand for its electric two-wheeler products, China’s Benling has announced its plan to expand its electric portfolio with more EVs soon. Benling India […] Read more
Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
Will Tax Sops Help in Faster Adoption of Electric Vehicles? Updated On Mon, Jul 29th, 2019 by Saurenergy To encourage faster adoption of electric vehicles, the government has now made its intentions clear. It often takes a tax break for an idea to be adopted. And if it is a substantial cut, then greater the force to get it past its inertial state. With the announcement of a cut in GST rates on […] Read more
Future Belongs to Electric Vehicles: UP Transport Minister Updated On Mon, Jul 29th, 2019 by Saurenergy UP transport minister Swatantradev Singh has said electric vehicles are the need of the hour and the future belongs to them. Uttar Pradesh transport minister Swatantradev Singh has said electric vehicles are the need of the hour and the future belongs to them. “Electric vehicles have many advantages. Less consumption of diesel and petrol will not only […] Read more
China’s CATL Joins Next Energy for Battery Storage Business in Japan Updated On Sat, Jul 27th, 2019 by Saurenergy CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […] Read more
Hyundai Launches Sonata Hybrid with Solar Roof System Updated On Fri, Jul 26th, 2019 by Saurenergy Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. The system recharges the battery to increase travel distance while preventing unnecessary battery discharge. The solar roof system, with 6 hours of daily charging, is expected to increase […] Read more
Japan’s Mitsui Invests Rs 100 Crore in SmartE Updated On Thu, Jul 25th, 2019 by Saurenergy SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […] Read more
REIL Floats Tender for Solar Power Plants in Maharashtra Updated On Tue, Jul 23rd, 2019 by Saurenergy REIL has tendered for solar plants with capacities ranging from 250 kW to 2 MW or more at various locations in Maharashtra Rajasthan Electronics & Instruments Limited (REIL), a central public sector enterprise, has issued a tender, inviting bids from interested parties for the installation of solar PV power plants with capacities ranging from 250 […] Read more
