Tale Of Two Solar Trailblazers-Greenlab Diamonds & Muni Seva Ashram Updated On Thu, Sep 28th, 2023 by Saurenergy Greenlab Diamonds and Muni Seva Ashram are two different entities working in entirely different sectors. While Surat-based Greenlab Diamonds is a company dealing with lab-grown diamonds, Muni Seva Ashram is an institution at Goraj in Vadodara, hosting a hospital, school and social institutions. However, both these Gujarat-based institutions have one thing in common-adoption of green […] Read more
EV Charger Market Projected at CAGR 46.5% Between 2022 & 2030: CES-IESA Report Updated On Thu, Sep 28th, 2023 by Saurenergy The Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) have released their third annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report”. The report covers the present market trends and forecast of electric vehicle (EV) chargers by various charger types in terms of revenue (USD Million), capacity (GW) and […] Read more
Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India Updated On Thu, Sep 28th, 2023 by Saurenergy Even as prices of China-made solar cells and modules continue to slide to unprecedented lows, power consumers are likely to benefit only partially, thanks to the Basic Customs Duty (BCD) of 40 percent that the government has on module imports, besides the 25% on solar cell imports. While the drop in prices is welcome to […] Read more
Blending Finance Is Key to India’s Net Zero Pathway: IFC Report Updated On Wed, Sep 27th, 2023 by Saurenergy A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […] Read more
Battery Materials Firm GEM In Indonesian JV To Diversify Risk, Protect US, EU Markets Updated On Wed, Sep 27th, 2023 by Saurenergy Shenzhen, China based GEM, the largest supplier of battery raw materials in China and the leading battery recycling firm in China and globally, has announced plans to invest about USD750 million in two new plants in Indonesia in a move aimed at diversifying its manufacturing base and developing global industrial supply chains in alignment with […] Read more
Norwegian Battery Maker Morrow Nets €100m Equity Funding Updated On Wed, Sep 27th, 2023 by Saurenergy Norwegian battery start-up Morrow Batteries has scooped up €100m in an investment round led by Siemens Financial Services and ABB. Other investors in the round were Nysnø Climate Investments and Arendals Fossekompani, as well as the company’s existing shareholders PKA, NOAH and Agder Energi Invest. Morrow, starting with its first battery cell factory opening in […] Read more
Solar Power Costs Dipped 87% Globally In Last 10 Years: Study Updated On Tue, Sep 26th, 2023 by Saurenergy A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period. The recent innovation in […] Read more
India Launches Its First Hydrogen Fuel Cell Bus In Delhi Updated On Mon, Sep 25th, 2023 by Saurenergy Union Petroleum and Natural Gas Minister Hardeep Singh Puri today flagged off India’s first Green Hydrogen Fuel Cell-based bus in the national capital. Puri said that the newly-launched bus posses the virtue of fast charging besides the benefit of being an environment-friendly mode of transport. “The fuel cell utilizes Hydrogen and air to generate electricity […] Read more
Indore’s Holkar Stadium Goes Green With Solar Power Updated On Mon, Sep 25th, 2023 by Saurenergy At the recent India versus Australia cricket match on 24 September, the Board of Control of Cricket in India (BCCI) shared the news on its recent initiative of installation of 376 solar panels at the Holkar Stadium at Indore in Madhya Pradesh. This was a part of the green initiative led by the Madhya Pradesh […] Read more