Record Sales in Jan’22 Push Ford to #2 in Global EV Market Updated On Tue, Feb 8th, 2022 by Saurenergy American auto major Ford has climbed to rank 2 in the EV market. The company saw its highest-ever EV sales in January 2022. Additionally, the company was also ranked as the top-selling US automaker. As per the latest media reports, the EV sales of Ford have reached their all-time high. The growth is mostly due […] Read more
Croatia to Launch Renewable Auctions by Q3 2022 Updated On Tue, Feb 8th, 2022 by Saurenergy Croatia’s Ministry of Economy and Sustainable Development is considering announcing auctions for large wind farms and solar power plants by the third quarter of 2022. About a year back, the Ministry had announced preparations for auctions for premiums for large power plants using renewable energy sources, which were then postponed to the autumn season. According […] Read more
Borosil Renewables’ Net Profit Jumps by 323% YoY basis Updated On Tue, Feb 8th, 2022 by Saurenergy Financial results of the third quarter ending December 31 have been announced by Borosil Renewables. The company has declared that the net profit surged 332.23% to Rs 45.73 crore in the quarter ended December 2021 as against Rs 10.58 crore during the quarter that ended December 2020. The total sales of Borosil Renewables rose by […] Read more
Crayon Motors launches ‘Snow+’ low-speed electric scooter Updated On Tue, Feb 8th, 2022 by Saurenergy Crayon Motors, an Indian manufacturer of e-mobility solutions, has introduced its brand new Snow+ electric scooter in the Indian markets. The company has declared that it’s a low-speed electric two-wheeler that offers best in class comfort and functionally superior performance at 14p/km. As far as the price of the scooter is concerned, it starts at Rs […] Read more
EV Charging- current status/ challenges and way forward Updated On Tue, Feb 8th, 2022 by Saurenergy By Kunwer Sachdev India’s interest in adopting clean mobility is now firm and clear. The government of India has taken steps towards encouraging an EV ecosystem in the country through the FAME policies, reduction of GST on EVs, and most recently, the Production Linked Incentives. The idea is to create an economic environment for EV […] Read more
Suzlon Energy Seeks Debt Succour Again, as Feb 28 Deadline looms Updated On Tue, Feb 8th, 2022 by Saurenergy India’s top wind energy player Suzlon Energy is running out of time to serve its immediate debt obligation that is due on February 28, 2022. It’s precisely three weeks from here. According to the presentation made to the joint lender’s forum, India’s largest wind energy player has an estimated debt obligation of Rs 882 crores […] Read more
Charged Up! EV Sales to Hit One Million Per Month Mark Soon Updated On Tue, Feb 8th, 2022 by Saurenergy After a record-setting milestone of electric vehicles sales, almost doubling in 2021 to 6.6 million compared to 3 million of a year earlier, a more ambitious question emerges. When will the EV sales hit a million per month milestone? The year 2021 was the harbinger for electric vehicles. The market hit an all time high […] Read more
ArcelorMittal Throws in Hat to Buy Sprng Energy in Green Steel Push Updated On Mon, Feb 7th, 2022 by Saurenergy ArcelorMittal, the world’s biggest steel maker is making a play for Sprng Energy, Indian renewable platform of Actis, as the steelmaker looks at cleaner energy sources to decarbonise production around the world and in India, people aware of the development have told news agencies. This arguably is the first time in India a steel producer […] Read more
SES completes merger with ‘Ivanhoe’ to complete SPAC listing at NYSE Updated On Mon, Feb 7th, 2022 by Saurenergy Liquid metal battery firm SES AI Corporation or ‘SES’ has declared that it has closed the business combination of SES Holdings and Ivanhoe Capital Acquisition Corp or ‘Ivanhoe’, a Special Purpose Acquisition Vehicle(SPAC). The quest for this acquisition was announced previously and now it stands complete. With this, SES is listed on the New York […] Read more