Pandemic to Delay EV Penetration in India; 2Ws in the Clear: Ind-Ra Updated On Mon, Oct 26th, 2020 by Saurenergy Ind-Ra has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. India Ratings and Research (Ind-Ra) has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. The analysis cites low affordability and the […] Read more
Iberdrola and Volvo Car España agree to promote electric mobility in Spain together Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola and Volvo Car España have signed a framework cooperation agreement to promote sustainable mobility, under which the energy group will supply charging solutions for the car manufacturer’s Recharge vehicle range in Spain. The solution that Iberdrola and its portfolio company Wallbox will supply to Volvo is designed to make charging its customers’ vehicles easier […] Read more
Andhra Govt has Plans in Place to fit Electric Batteries in Autos Updated On Fri, Oct 23rd, 2020 by Saurenergy The Andhra government is mulling replacing existing IC engines in autos with electric batteries in a move aimed at lowering pollution levels in the major cities. The Andhra Pradesh government is mulling replacing existing internal combustion (IC) engines in auto-rickshaws (autos) plying in the key districts of the state with electric batteries in a move aimed at […] Read more
EDPR Reaches Agreement for Co-Development of 900 MW Wind Farms Updated On Fri, Oct 23rd, 2020 by Saurenergy EDPR has an agreement with Ellaktor, the largest infrastructure group in Greece, for the joint development of onshore wind opportunities in the country EDP Renováveis, S.A. (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has reached an agreement with Ellaktor, the largest infrastructure group […] Read more
Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
MERC Begins E-Hearing on Mumbai Power Outage Issue Updated On Fri, Oct 23rd, 2020 by Saurenergy MERC on October 21, 2020, began the hearing into last week’s power outage in Mumbai which lasted for up to 14 hours in some parts. The Maharashtra Electricity Regulatory Commission (MERC) on October 21, 2020, began the hearing into last week’s power outage in Mumbai which lasted for up to 14 hours in some parts. […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
EV Startup Etrio Enters Electric 3-Wheeler Segment With new Launch Updated On Wed, Oct 21st, 2020 by Saurenergy Etrio has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under the brand name “Touro”. Etrio, one of India’s fastest-growing electric vehicle (EV) startups with the aim of electrifying intracity logistics has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under […] Read more
Andhra Pradesh Planning for 7 Storage Plants Worth Nearly 6300 MW Updated On Wed, Oct 21st, 2020 by Saurenergy The Andhra Pradesh Government is planning to set up seven Pumped Hydro Storage Power Projects (PSP) in the state, to balance renewable energy projects. The state government of Andhra Pradesh is planning to set up seven Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable energy power plants in the […] Read more
