BCD Announcement This Week? Speculation Reaches Fever Pitch, Again Updated On Tue, Mar 2nd, 2021 by Saurenergy A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […] Read more
Yamaha, Honda, KTM, and Piaggio Team Up to Create Swappable Batteries Consortium Updated On Tue, Mar 2nd, 2021 by Saurenergy Yamaha Motor Co., Ltd. has announced that the company has signed a Letter of Intent with Honda Motor Co., Ltd., KTM AG, and Piaggio & C SpA to set up a Swappable Batteries Consortium for Motorcycles and light electric vehicles (EVs). By extending the range, shortening the charging time, and lowering vehicle and infrastructure costs, […] Read more
CESL Supports Delhi government’s EV Adoption, Aim for 1,000 Charging Stations Updated On Mon, Mar 1st, 2021 by Saurenergy Since the Delhi Government is pushing EV adoption in the state so hard, it has mandated all its departments, autonomous bodies, and grantee institutions to shift their existing fleet of hired conventional fuel vehicles to electric variants within six months. Unitedly, the Convergence Energy Services Ltd (CESL), has announced support for the Delhi government’s switch […] Read more
Pacific Island Countries and Territories Unite Around Enhanced Renewables Ambition Under Climate Goals Updated On Mon, Mar 1st, 2021 by Saurenergy Pacific SIDS committed to strengthening energy transformation through more ambitious nationally determined contributions ahead of COP26 In a year of critical action on climate mitigation and adaptation, Pacific Island governments have reinforced their commitment to energy transition action and strengthened sustainable energy goals within updated nationally determined contributions (NDCs) ahead of COP26 in Glasgow, the […] Read more
EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030 Updated On Mon, Mar 1st, 2021 by Saurenergy EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […] Read more
6 GW Offshore Wind Capacity Added Globally in 2020, 50% Plus in China: GWEC Updated On Mon, Mar 1st, 2021 by Saurenergy The global offshore wind industry had its 2nd best year ever in 2020 installing over 6 GW of new capacity, driven by a record year in China. According to the latest data released by GWEC Market Intelligence, the global offshore wind industry had its second-best year ever in 2020 installing over 6 GW of new […] Read more
ITI Tenders for 1200 kW Solar Plant With Net-Metering in Bangalore Updated On Mon, Mar 1st, 2021 by Saurenergy ITI has tendered for a 1200 kW grid-tied solar PV power plant under rooftop/ ground-mounted net-metering at its Bangalore Plant ITI Limited has issued a tender for the commissioning of a 1200 kW grid-tied solar PV power plant under rooftop/ ground-mounted net-metering at its Bangalore Plant in the state of Karnataka. The scope of work […] Read more
Discoms’ Dues at Rs 1.36 Lakh Crore in December, Down From Nov Updated On Mon, Mar 1st, 2021 by Saurenergy Discoms total dues owed to Gencos rose by nearly 24% YoY to reach Rs 1.36 lakh crore in December 2020, however, the amount reduced from November. Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by nearly 24 percent year-on-year (YoY) to reach Rs 136966 crore (Rs 1.36 lakh […] Read more
Bright future of Hydrogen Fuel Cells in India Updated On Sat, Feb 27th, 2021 by Saurenergy Road transport today is responsible for a significant and growing share of global anthropogenic emissions of CO2. Moreover, it is almost entirely dependent on oil-derived fuels and therefore highly vulnerable to possible oil price shocks and supply disruptions. Improving road transport requires all these issues to be addressed. Introducing alternative transport fuels and vehicles will […] Read more