Ultraviolette Automotive Develops India’s First Ecosystem of High Performance Electric Motorcycles and Battery-swap Energy Infrastructure Updated On Wed, May 30th, 2018 by Saurenergy Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility and energy infrastructure, today confirmed that it is developing India’s first ecosystem of high performance electric motorcycles and battery-swap energy infrastructure to accelerate the adoption of electric vehicles across India. As part of its comprehensive EV roadmap, Ultraviolette Automotive, which recently raised Series A funding from […] Read more
World Bank Approves $300 Mn to Scale Up India’s Energy Efficiency Program Updated On Sat, May 19th, 2018 by Saurenergy The program will be implemented by the EESL, to help scale up the deployment of energy saving measures in residential as well as public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing. The World Bank has approved a USD 220 million loan and an USD 80 million guarantee for the country’s energy efficiency […] Read more
NEOEN and GFG Alliance Ink Landmark Clean Energy Agreement Updated On Mon, May 7th, 2018 by Saurenergy The Memorandum of Understanding (MoU) was signed in order to operate develop and work together in the sector. The main purpose of the agreement is to supply low cost power to the citizenry. In order to reduce the cost of energy in Australia a landmark clean energy agreement was signed between France’s NEOEN and Australia’s […] Read more
Renewables Replacing Conventional Energy to Cut Fossil Emission in India: Study Updated On Tue, May 1st, 2018 by Saurenergy Due to the rapid growth in solar energy sector it is possible that the sector will garner a share of at least 48 percent in India’s electricity generation capacity by 2030, the study further finds. India is making significant progress towards meeting climate commitments and is on course to surpass its Nationally Determined Contribution (NDC) […] Read more
India, Morocco Sign MoU to Develop New & Renewable Energy Technologies Updated On Wed, Apr 25th, 2018 by Saurenergy The areas of cooperation will focus on development of new and renewable energy technologies in the field of solar energy, small hydro, biomass/ bio-energy and capacity building. India and Morocco has signed a Memorandum of Understanding (MoU) to promote cooperation in developing new and renewable energy technologies. The MNRE said in a statement that, […] Read more
SBI to Save Rs 30cr Via Investing in Green Energy Updated On Mon, Apr 23rd, 2018 by Saurenergy The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […] Read more
Oil Companies Investing in Clean Energy, Says PM Modi Updated On Wed, Apr 11th, 2018 by Saurenergy In his speech at the 16th International Energy Forum Ministerial Meeting held in Delhi, PM said, “Today, oil companies are also investing in wind and solar capacities, gas infrastructure, and also thinking in the direction of investing in Electric Vehicle and Storage areas.” The Prime Minister Narendra Modi has stressed on the need to shift […] Read more
Viz-A-Viz with Saurabh Marda, Founder and Managing Director | Freyr Energy Updated On Fri, Mar 30th, 2018 by Saurenergy India’s long-term approach should be tax incentive based for solar sector To boost the solar sector in the country, a tax incentive based approach across all customer segments is going to be a more sustainable long term approach, believes Saurabh Marda, Founder and Managing Director, Freyr Energy, Hyderabad-based full solar service solutions provider. In conversation […] Read more
PSEG Cork Oak Solar Energy Center Goes Online Updated On Wed, Mar 28th, 2018 by Saurenergy PSEG Solar Source completed the acquisition of the project from BayWa r.e. in January 2017. PSEG Solar Source announced that its PSEG Cork Oak Solar Energy Center successfully began operations in December 2017. The 26.2-megawatt (dc) facility has a 10-year power purchase agreement with Virginia Electric and Power Co. and is located about 90 miles […] Read more