Urja Global to Raise $500 mn for Financing EVs and Green Projects Updated On Fri, Oct 4th, 2019 by Saurenergy Urja Global has received approval from its shareholders for the issuance of a USD 500 million green bonds to finance EVs and green projects Renewable energy firm Urja Global has recently revealed that it has received approval from its shareholders for the issuance of a USD 500 million (Rs 3,500 crore) green bond to finance […] Read more
Amid Motown Slowdown, Electric Two and Three-Wheelers Power Ahead Updated On Thu, Oct 3rd, 2019 by Saurenergy With nearly 80 percent of the vehicle market dominated by two and three-wheelers in India, tech start-ups have led the electric mobility space to manufacture electric two and three-wheelers and the ecosystem must-haves like battery swapping and charging setup. Government think tank Niti Aayog announced, and retracted quickly on a transition target from fossil fuel […] Read more
India’s Safeguard Duty Move has Not Helped Much: Sudhir Aggarwal Updated On Fri, Sep 27th, 2019 by Saurenergy India’s move to impose safeguard duty on import of solar cells and modules last year hasn’t helped domestic manufacturers much. While import of solar cells and modules from China have declined since the duty was implemented in July 2018, India still imported USD 1.9 billion worth of panels in the 11 months ended June 30, […] Read more
Need to Breed, Encourage Innovation at Grassroots Level: Sahil Shanghavi Updated On Wed, Sep 25th, 2019 by Saurenergy For India to become a battery or any other storage technology manufacturing hub, we need to breed and encourage innovation at the grassroots level. Both public and private sectors need to collaborate closely with researchers at various institutes in India and fund different ideas in order to come up with better technology than what exists […] Read more
WEF’s Energy Transition Report Presents Two Narratives on Global Electricity System Updated On Fri, Sep 13th, 2019 by Saurenergy The report co-authored by BloombergNEF (BNEF), Carbon Tracker and the Rocky Mountain Institute (RMI) talks about the implications of ‘Gradual’ and ‘Rapid’ energy transition The World Economic Forum released a report ‘The Speed of the Energy Transition’, today, which laid out the implications of a gradual versus a rapid energy transition and also identified the […] Read more
Polarity Set to Unveil India’s First Pedal-Assisted Ebikes Updated On Mon, Sep 9th, 2019 by Saurenergy Six new e-bikes are lined up according to Polarity smart bikes who want to take on urban electric bike users with many choices. Pune based start-up Polarity Smart Bikes will unveil India’s first pedal-assisted electric bikes on 20th of September. The company earlier had planned to unveil the e-bikes in June. In a statement, the […] Read more
Tata Chemicals Launches Li-ion Battery Recycling Operations Updated On Fri, Sep 6th, 2019 by Saurenergy Tata Chemicals has announced the launch of its Li-ion battery recycling plant for the commercial recovery of cathode active materials from spent batteries. One of the largest chemical companies in the India, Tata Chemicals a subsidiary of the Tata Group Conglomerate, which works in the chemicals, crop nutrition and consumer products field has announced the […] Read more
EVs to Cost as Much as Conventional Vehicles in 2-3 Years: NITI Aayog CEO Updated On Thu, Aug 29th, 2019 by Saurenergy Niti Aayog CEO Amitabh Kant says that the falling cost of batteries could pull down the price of EVs at par with conventional vehicles in the coming years Niti Aayog CEO Amitabh Kant has said that the falling cost of electric vehicle batteries could pull down the cost of EVs and bring it at par […] Read more
Amara Raja Launches EV Charging Stations and Electric Autos in Tirupati Updated On Thu, Aug 29th, 2019 by Saurenergy Amara Raja has launched electric vehicle (EV) charging and battery swapping stations and a fleet of electric autos in the temple town of Tirupati Amara Raja Batteries, a wholly-owned subsidiary of the Amara Raja Group has launched electric vehicle (EV) charging and battery swapping stations in the temple town of Tirupati, Andhra Pradesh. The firm, […] Read more