India’s EV Market to Grow at 44 percent CAGR Until 2027: IESA Updated On Wed, Dec 23rd, 2020 by Saurenergy In its latest report, IESA has forecasted that India’s EV market is expected to grow at a CAGR of 44 percent between 2020-2027. In its latest report, India Energy Storage Alliance (IESA) has forecasted that in its base case scenario – India’s EV market is expected to grow at a CAGR of 44 percent between […] Read more
An Apple Electric Car? The EV Market Welcomes It Updated On Wed, Dec 23rd, 2020 by Saurenergy An Apple Electric Car, irrespective of the details like price and technology, will add more momentum to the EV market With a global news agency (Reuters in this case) almost confirming Apple’s plans for an electric car, one must realise what this means. For one, there is the usual promise of the car achieving a […] Read more
HORAD Opens New Plant In Changshu, China Updated On Wed, Dec 23rd, 2020 by Saurenergy HORAD, the famous solar panel automation line manufacturer, has recently celebrated the official opening of its new plant in Changshu, Suzhou, China on November 25, 2020. In accordance with its development strategy, the company established a production site in Changshu for rapid PV industry requirements globally. The facility, in the current first phase, has more […] Read more
CM B.S. Yediyurappa Opens Bengaluru’s First EV Battery Swapping Station Updated On Wed, Dec 23rd, 2020 by Saurenergy The Chief Minister of Karnataka has inaugurated the first EV battery-swapping station in the capital, yesterday. To enable fast discharge and support the last-mile connectivity by encouraging e-vehicles, the station will facilitate EVs to run for a longer time by swapping the discharged battery in two minutes and travel for another 80 km. Inaugurating the […] Read more
Germany’s Federal Network Agency Awards 664 MW In Wind And Solar Projects Updated On Tue, Dec 22nd, 2020 by Saurenergy Germany’s latest mixed-technology tender was oversubscribed, awarding close to 400 MW of wind and 264 MW of solar projects. Germany’s latest mixed-technology tender was oversubscribed, awarding close to 400 MW of wind and 264 MW of solar projects. The tender, which was open for submissions by December 1, 2020, targeted 366.9 MW of onshore wind […] Read more
First P2P Solar Power Trading In South Asia Launched By UPPCL Updated On Tue, Dec 22nd, 2020 by Saurenergy Uttar Pradesh has become the first state to launch blockchain-enabled solar power trading in India and South Asia in a project led by India Smart Grid Forum (ISGF) with Australian technology company Power Ledger. Uttar Pradesh Power Corporation Limited (UPPCL) and the subsidiary Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) will host a pilot project involving […] Read more
Enel Brings Online 2 New Wind Farms, Including Its Largest Operational RE Plant Worldwide Updated On Tue, Dec 22nd, 2020 by Saurenergy Enel Green Power North America has begun operating a 199 MW expansion to the Cimarron Bend wind farm in Kansas, increasing the facility’s total capacity to 599 MW as the largest operational renewable plant owned by the Enel Group. The company’s 236.5 MW White Cloud wind farm has also begun operations in Missouri. With the […] Read more
BayWa r.e. Completes Construction of 250 MW Amadeus Wind Farm in Texas Updated On Tue, Dec 22nd, 2020 by Saurenergy Project is largest wind farm completed to date in BayWa r.e.’s global portfolio BayWa r.e. has completed construction and achieved financial close of the Amadeus Wind project in Texas. Located northwest of Abilene in Rotan, the 250 MW wind farm has begun selling power into the grid and will generate enough clean, renewable energy to meet the electricity needs […] Read more
Delay in Imposition of BCD on Solar Equipment Impacting Investments: CII Updated On Tue, Dec 22nd, 2020 by Saurenergy CII has urged the finance ministry to impose the BCD on solar equipment, stressing that the delay in implementation is impacting investments. The Confederation of Indian Industry (CII) in a written memorandum to the Ministry of Finance has urged the ministry to impose the planned basic custom duty (BCD) on solar equipment as announced in the last general budget, stressing […] Read more