SBI Cuts Loan Rates for Electric Vehicles Purchases Updated On Fri, Apr 26th, 2019 by Saurenergy In an effort to push the demand for electric vehicles, the State Bank of India (SBI) has reduced the rates of loans on purchase of electric vehicles. In an attempt to incentivize the consumers to shift towards green vehicles, SBI has cut rates on auto loans for the purchase of electric cars. Borrowers will get […] Read more
ADB Approves $100 Mn Facility For Renewable Power Projects in Pacific Updated On Fri, Apr 26th, 2019 by Saurenergy The Asian Development Bank (ADB) has approved an umbrella facility of up to $100 million which will provide financing support including loans, guarantees, and letters of credit to overcome constraints to private sector investment in renewable power projects in Pacific island countries. The ‘Pacific Renewable Energy Program’ will support an estimated 5 separate renewable energy projects in […] Read more
Tangedco Using GPS To Get Real Time Wind Energy Data Updated On Thu, Apr 25th, 2019 by Saurenergy Tangedco has started measuring wind power generation real time with the help of GPS over the last few months. GPS system has been installed in all windmills across the state and discom has been able to measure the power generation from a windmill without going to the spot. Earlier, the discom was using an assessor […] Read more
Expanding its Global Presence, Growatt Sets Up Service Centre in Brazil Updated On Thu, Apr 25th, 2019 by Saurenergy Growatt, a leading Chinese inverter manufacturer has set up its Brazil Service Center in Mogi das Cruzes to expand its global presence. The expansion falls in line with the solar PV installations in Brazil. Solar capacity additions in the recent years have drastically increased in the South American nation, with 371.9 MW capacity added in […] Read more
Azure Power to Get Compensation For Increase in Costs Due to Safeguard Duty Updated On Thu, Apr 25th, 2019 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) recently heard two petitions made by Azure Power in two cases in which it had requested the commission to consider the levy of safeguard duty as Change in Law and had asked it for approval and determination of compensation for the increase in project cost following the imposition. In […] Read more
Prioritise Electrification of 2 & 3 Wheeler Segment: Report Updated On Thu, Apr 25th, 2019 by Saurenergy The report brings insights and opinions from the country’s first multimodal e-mobility initiative, titled ‘Beyond Nagpur: The Promise of Electric Mobility’. A new report by the Ola Mobility Institute, a policy research and social innovation think-tank, offers insights from the shared mobility providers extensive electric vehicle operations in Nagpur to help devise business models, provide […] Read more
Ather Energy Announces Entry Into Chennai in June Updated On Wed, Apr 24th, 2019 by Saurenergy Today Ather Energy announced its plan to enter the Indian Auto Hub- Chennai, in June. Chennai became the second city where Ather is expanding after its successful commercial launch in Bengaluru in 2018. Entering the phase of rapid expansion Ather has announced its entry in the auto hub of the country Chennai. The EV firm […] Read more
NITI Aayog Asks Oil Ministry To Help Install EV Chargers at Petrol Pumps Updated On Wed, Apr 24th, 2019 by Saurenergy NITI Aayog has directed the Petroleum Ministry to install EV charging infrastructure on 1000 petrol pumps The think-tank, NITI Aayog has asked the Petroleum ministry to help set up electric vehicle (EV) charging infrastructure at 1,000 petrol stations across the country. The industry executives, however, have doubts over the plan and say the move requires […] Read more
India’s Road Towards EV Adoption… Updated On Wed, Apr 24th, 2019 by Saurenergy When it comes to Electric Vehicles (EVs), India would certainly seem to be playing catch up with the rest of the world. Consider the fact that in China, they have already started worrying about a mini-bust in the sector, thanks to the huge number of startups and major players who have jumped in. Thus, even […] Read more
