EV Startup Byton and Marubeni Strike Partnership in Series C Financing Updated On Mon, Jan 6th, 2020 by Saurenergy Premium EV manufacturer BYTON and Marubeni Corporation have announced a strategic partnership for Marubeni to become a partner in the Series C financing. Premium electric vehicle (EV) manufacturer BYTON and Japan’s Marubeni Corporation have announced a strategic partnership. Marubeni will become a partner in BYTON’s Series C financing. The two companies will also explore opportunities […] Read more
Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Nano One Patents new Durable Cobalt-Free Battery Material Updated On Mon, Jan 6th, 2020 by Saurenergy Nano One has been issued a Taiwanese patent relating to lithium nickel manganese oxide (LNMO) cathode material, that eliminates cobalt from the battery Nano One Materials Corp, a firm that is involved in developing patented technology for the low-cost production of high-performance lithium-ion battery cathode materials used in electric vehicles (EVs), energy storage and consumer […] Read more
FAME II Scheme has Failed for Electric Two-Wheelers: SMEV Updated On Mon, Jan 6th, 2020 by Saurenergy Electric two-wheelers makers are learning to “live without government support” as the FAME II scheme has not met its objective, according to SMEV. Mass segment electric two-wheelers makers are learning to “live without government support” as the FAME II scheme to promote electric mobility has not met its objective, according to industry body SMEV. The […] Read more
Discoms Dues to Power Generators Rises to Rs 81k Cr in November Updated On Mon, Jan 6th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019. Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector. Discoms owed a total of Rs 54,834 […] Read more
Over 1.03 Crore Smart LED Street Lights Installed so far: EESL Updated On Mon, Jan 6th, 2020 by Saurenergy Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, EESL has said. Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, Energy Efficiency […] Read more
Govt Okays 2,636 New EV Charging Stations Under FAME India Phase-II: Javadekar Updated On Sat, Jan 4th, 2020 by Saurenergy With an aim to provide further fillip to e-mobility in the country, government has approved 2,636 new electric vehicles (EVs) charging stations in 62 cities across 24 states and union territories under the phase-II of FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme, Minister of Heavy Industries & Public Enterprises, Prakash Javadekar said. Out […] Read more
Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019 Updated On Sat, Jan 4th, 2020 by Saurenergy Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […] Read more
Tender for 200 MW Wind Power Issued in Maharashtra Updated On Fri, Jan 3rd, 2020 by Saurenergy MSEDCL has issued an RfS for the procurement of 200 MW wind power on a long term basis from intra-state wind power projects in Maharashtra The Maharashtra Electricity Distribution Corporation (MSEDCL) has issued a Request for Selection (RfS) for the procurement of 200 MW wind power on a long term basis from intra-state wind power […] Read more
