Tata Motors Flags-Off Commercial Electric Vehicles To Tata Steel Updated On Mon, Mar 4th, 2024 by Saurenergy Tata Motors recently flagged off its next-generation, green-fuel-powered commercial vehicles to Tata Steel. The company has been developing and manufacturing innovative mobility solutions powered by alternate fuel technology, including battery electric, CNG, LNG, Hydrogen Internal Combustion Engine, and Hydrogen Fuel Cell technology. It showcased the widest range of alternate fuel-powered commercial vehicles at Auto Expo […] Read more
Jindal Steel, Power Deploy 10 E-Buses, 27 E- SUVs At Angul In Odisha Updated On Tue, Feb 27th, 2024 by Saurenergy Jindal Steel & Power Ltd today announced the deployment of 10 electric buses and 27 electric SUVs at its Angul unit in Odisha, India. This initiative is in sync with JSPL’s commitment to environmental sustainability and decarbonization efforts. Naveen Jindal, Chairman of Jindal Steel & Power, flagged off the electric vehicles, reiterating JSP’s unwavering commitment […] Read more
US Energy Dept Issues Letter Of Intent For Funding CSP Deployment Updated On Tue, Feb 27th, 2024 by Saurenergy US department of energy (DOE) recently shared its intention to fund solar concentrator project with a potential funding of upto $30 million for research, development. The Solar Energy Technologies Office (SETO) made a fund opportunity announcement (FOA) in its notification for “Concentrating Solar Flux to Heat and Power.” The letter mentioned, “This project is estimated to […] Read more
Govt Amends Electricity Rules 2020; Will Empower Consumers, Says Minister Updated On Fri, Feb 23rd, 2024 by Saurenergy The government today approved an amendment to the Electricity (Rights of Consumers) Rules, 2020 which is expected to further reduce the timeline for getting new electricity connections for consumers. Union Minister for Power and New & Renewable Energy R. K. Singh in his recent announcement stated that these amendments to the rule are expected to […] Read more
Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF Updated On Thu, Feb 22nd, 2024 by Saurenergy The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […] Read more
US At Risk Of Falling Behind RE Target Post-IRA: Report Updated On Thu, Feb 22nd, 2024 by Saurenergy A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […] Read more
Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA Updated On Thu, Feb 22nd, 2024 by Saurenergy Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […] Read more
BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy Updated On Wed, Feb 21st, 2024 by Saurenergy BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power. The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […] Read more
Goa Govt, PFC Collaborate To Set Up Blended Finance Facility With World Bank Updated On Wed, Feb 21st, 2024 by Saurenergy Power Finance Corporation (PFC), a NBFC, power sector PSU and renewable energy financier in India, collaborated to support the climate ambitions in Goa. They signed a Memorandum of Understanding (MoU) to support the climate ambitions of the state of Goa. The support extended would be under the Blended Finance Facility being set up by Goa […] Read more