What The Indian EV Sector Expects From Union Budget 2024 Updated On Mon, Jul 22nd, 2024 by Saurenergy With a day left for the Union Budget, the Electric Vehicle (EV) and the battery manufacturers, battery recycling companies have pinned their hopes on the budget. The industry now expects attention to the sector to weed out some of the major hurdles in the sector. Following are the expectations of the industry from the budget– […] Read more
India To See 8% Rise In Electricity Consumption In 2024: IEA Report Updated On Mon, Jul 22nd, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) said that India’s total electricity consumption is set to rise by around 8 percent in 2024. It also said that power consumption is set to the rise significantly in countries like China, India and the United States (US). IEA’s latest report titled ‘Electricity Mid-Year Update’ talked […] Read more
Jakson Green Secures Rs 2.96bn Credit Facility From First Abu Dhabi Bank Updated On Mon, Jul 22nd, 2024 by Saurenergy Jakson Green Private Limited, a new energy transition platform, has secured a credit facility of Rs 2.96 billion from First Abu Dhabi Bank (Mumbai). The company said that this financing will fuel the company’s international expansion, with Uzbekistan serving as the first beneficiary for its upcoming solar photovoltaic (PV) and battery storage project. “As Jakson […] Read more
JSW To Add New Solar Capacities To Karnataka’s Pavagada Solar Park Updated On Mon, Jul 22nd, 2024 by Saurenergy JSW Energy Limited received a Letter of Award (LoA) from Karnataka Renewable Energy Development Limited (KREDL) for setting up a 300 MW solar power project at Pavagada Solar Park in Karnataka. Pavagada Solar Park in the Tumkur district of Karnataka is one of the largest solar parks of India. It is also the single site […] Read more
KPI Green Gets 100 MW Hybrid Project From Aether Industries Updated On Fri, Jul 19th, 2024 by Saurenergy KPI Green Energy Limited recently received a new order for a 100 MW hybrid captive solar power project under the captive power producer (CPP) segment from Aether Industries Limited. Aether Industries Limited is a chemical manufacturer in India focused on producing intermediates and chemicals involving complex and differentiated chemistry and technology core competencies. The projects […] Read more
Senior Executive – Finance Updated On Fri, Jul 19th, 2024 by Saurenergy We are seeking a highly skilled and experienced Senior Finance Executive to support our client in the role of Projects Finance. The ideal candidate will be responsible for client billing, vendor payments, master data maintenance, project accounting, guidance to project coordinators, and assistance with project-related reporting. The candidate must be able to collaborate effectively with […] Read more
Budget 2024: CareEdge Ratings Bats For More Support For Renewables Updated On Fri, Jul 19th, 2024 by Saurenergy CareEdge Ratings in its latest report on Budget expectations talked about the need to reduce the Goods and Services tax (GST) on renewable energy components upto 5 percent to boost the sector. This comes days before the announcement of the Union Budget by Finance Minister Nirmala Sitharaman. CareEdge in its report talked about the need […] Read more
Rooftop Solar: MNRE To Incentivize Discoms For Performance Updated On Fri, Jul 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now decided to incentivize the power distribution companies (Discoms) in the country for their good performance in the rooftop solar business. The ministry also issued a set of guidelines on the same under the PM Surya Ghar scheme to bring a clarity on the incentivization intervention. […] Read more
Global Battery Demand Can Quadruple To 4,100 GWh By 2030, Says Report Updated On Fri, Jul 19th, 2024 by Saurenergy Global battery demand is expected to quadruple to 4,100 gigawatt-hours (GWh) between 2023 and 2030 as electric vehicle (EV) sales continue to rise. As a result, OEMs must hone in on their battery strategies, according to a new report by Bain & Company. Over 250,000 electric cars were sold globally every week in 2023, more […] Read more
