80% of EV Owners Not Put Off by Charging Hassles, Finds Survey Updated On Fri, Jul 30th, 2021 by Saurenergy A recent survey conducted by Climate Trends and YouGov has found that while 80% of end users of electric vehicles do not find charging a hassle, for the remaining 20%, charging and infrastructure as the biggest barriers for adoption. Eye wateringly high fuel costs and better awareness of the pollution caused by them is probably […] Read more
$150 Billion Green Deals in India by 2030 Updated On Thu, Jul 29th, 2021 by Saurenergy International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […] Read more
CERC Declines to Review Order on Tariffs on Plea by TPDDL Updated On Mon, Jul 26th, 2021 by Saurenergy In a judgement released on July 24, 2021, the Central Electricity Regulatory Commission (CERC) has rejected the plea of Tata Power Delhi Distribution Limited (TPDDL) to review an old order which carried incorrect tariff figure with regards to a power supply agreement signed with Solar Energy Corporation of India (SECI). The issue was the inadvertent […] Read more
BSES Discoms 510 MW Hybrid Purchase Signals Demand Recovery For Renewables Updated On Fri, Jul 23rd, 2021 by Saurenergy The decision by the Delhi BSES discoms, BRPL and BYPL, to enter an agreement with SECI to purchase 510 MW of solar plus wind power signals a welcome return to demand recovery for renewable projects awaiting PPA’s. This is on the back of two key events, one that has happened, and another, that might be […] Read more
Indian Oil Corporation to Build Country’s First Green hydrogen Plant Updated On Thu, Jul 22nd, 2021 by Saurenergy India’s largest oil firm, Indian Oil Corporation Limited (IOC) has announced plansto build the first-ever commercial green hydrogen plant at its Mathura refinery in Uttar Pradesh. IOC has taken this step intending to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the […] Read more
The New EV Marketing Rules of Ola Electric, Revolt Motors & More Updated On Mon, Jul 19th, 2021 by Saurenergy India’s pursuit of higher electric vehicle (EV) adoption is finally moving into high gear, as ever larger manufacturing plans and interested players jump in. It is no surprise that the EV sector, by doing away with a lot of the supply side requirements that were needed in the ICE sector, be it specialised manufacturing of […] Read more
Avaada Has A Bangkok Connect, As Thailand’s GPSP Buys 41.6% Stake for Rs 3400 crores Updated On Wed, Jul 14th, 2021 by Saurenergy Leading Thailand based power utility-Global Power Synergy Public Company (GPSC) has acquired a 41.6% stake in renewable energy major Avaada Energy Private for Thai Baht 14.82 billion (Rs 33.88 billion). That makes it among the largest renewable energy deals in India, which continues to consolidate as well as attract global capital. Deal Announcement GPSP firm […] Read more
GoodWe To Produce One million Units Per Year Post Expansion Updated On Mon, Jun 21st, 2021 by Saurenergy PV Inverter manufacturer GoodWe has announced a major manufacturing expansion to up to one million units per year in phase II of its Guangde manufacturing facility in China. The firm, ranked as the leading storage inverter firm in the world by Wood Mackenzie, has a strong presence across categories in solar. The company hosted the […] Read more
IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
