6 States to Lead Growth in Indian Renewable Open Access Space: Study Updated On Tue, Sep 7th, 2021 by Saurenergy The bulk of the new capacity addition of renewable Open Access projects would likely be centred in Gujarat, Maharashtra, Uttar Pradesh, Rajasthan, Karnataka and Chhattisgarh in the near term, finds a new report. Tata Cleantech Capital Ltd (TCCL), a joint venture between Tata Capital Limited and International Finance Corporation, Washington D.C. (World Bank Group) has […] Read more
Over 70% Indian Households Use LPG as Primary Cooking Fuel: CEEW Updated On Tue, Sep 7th, 2021 by Saurenergy More than 70 per cent of Indian households use LPG as their primary cooking fuel and 85 per cent have LPG connections, according to a new study released by the Council on Energy, Environment and Water (CEEW). However, add the report, as many as 54 per cent households continue to use traditional solid fuels, either exclusively or by […] Read more
One Year On, Vedanta Emerges as Top Buyer On GTAM Market of IEX Updated On Mon, Aug 23rd, 2021 by Saurenergy Indian Energy Exchange, (IEX) celebrated the first anniversary of the start of trading on its its Green Term Ahead Market (GTAM) with a special conference. IEX informs us that the GTAM has cumulatively traded 2744 MU of renewable energy in its first year comprising of 1267 MU volume in the solar segment and 1477 MU […] Read more
Green Bonds Worth $3.6 B Issued by Indian RE Developers in H1 2021 Updated On Thu, Aug 19th, 2021 by Saurenergy According to a study released by CEEW-CEF, Indian renewable energy developers issued green bonds worth INR 26,300 crore (USD 3.6 billion) in the first half of 2021 alone, beating even previous one-year records. The CEEW Centre for Energy Finance (CEEW-CEF) is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s […] Read more
Global EV Charging Station Market to Reach $93 Billion by 2027: Report Updated On Tue, Aug 17th, 2021 by Saurenergy The global Electric Vehicle Charging Station (EVCS) market has been fuelled by a growing awareness of environmental conservation and carbon emission reduction. Hence, it has been estimated that the global EVCS market will grow at a compound annual growth rate (CAGR) of 20% from 2021 to 2027 and reach $93 billion by 2027, according to […] Read more
IEX’s Green Term-ahead Market Achieves 76% MoM Growth in July’21 Updated On Thu, Aug 5th, 2021 by Saurenergy Indian Energy Exchange (IEX) traded 7,322 MU volume and clocked 37% year-on-year growth in July 2021, as per the data on power demand published by the National Load Dispatch Centre. Further, national peak demand was registered on July 7, 2021, at 200.6 GW, which recorded a 17.6% YoY increase while the energy consumption at 125.5 BU […] Read more
Tata Cleantech Report On The Indian Renewable Open Access Landscape Updated On Wed, Aug 4th, 2021 by Saurenergy A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access. Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […] Read more
ANAND Group and Mando Corporation Form Joint Venture for EV Market Updated On Wed, Jul 28th, 2021 by Saurenergy The global producer of automotive products, ANAND Group has formed a new joint venture (JV) with Mando Corporation, a Korean OEM of automobile parts. The new JV company named ANAND Mando eMobility will manufacture and supply Motor and Controller for the emerging two and three-wheeler Electric Vehicle (EV) Market. To capitalize on the emerging opportunity […] Read more
90% of Indian Consumers Are Willing to Pay Premium For an EV Updated On Tue, Jul 27th, 2021 by Saurenergy In a recent survey by a consultancy firm EY, it has been estimated that global electric vehicle (EV) sales are expected to boom in the coming 12 months, according to the latest EY Mobility Consumer Index (MCI). A survey of more than 9,000 respondents from 13 countries, including 1,000 respondents from India, also found that […] Read more
