India Among Top 5 Global Destinations In RE Investments: IEA Report Updated On Thu, May 25th, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets. The global report also termed the Indian solar market ‘dynamic.’ However, […] Read more
India Below Asian Average in Electric Vehicle Penetration; CY 2022 Pegged at Just 1.1% Updated On Thu, May 18th, 2023 by Saurenergy As per a research by S&P Global Ratings, India’s EV penetration is a laggard in CY 2022 when compared against other Asian countries. The percentage of EV penetration in the said year was a mere 1.1%, signficantly lower than the Asian average pegged at over 17 per cent. Not surpisingly, the penetration of electric vehicles […] Read more
Canadian Solar To Deliver 363 MWh Energy Storage To Aypa Power Updated On Wed, May 17th, 2023 by Saurenergy Global renewable energy major Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will deliver 363 MWh of battery energy products to an Aypa Power project in Texas. Canadian Solar said in its official statement that the project is expected to reach commercial operation by […] Read more
A Lack of Awareness Among Key Stakeholders About Benefits Of Solar Insurance- Sudhish Ramteke, Anand Rathi Updated On Wed, May 17th, 2023 by Saurenergy As solar has achieved scale and a future of strong growth, insurance firms have also done well to catch up and offer products for the sector. Besides the obvious role of de-risking projects for developers, insurance firms also play a key role in wider understanding and acceptance of the risks involved for other key stakeholders, […] Read more
High Efficiency, Low Maintenance: BENY’s Commercial Charging Stations Fill Market Gaps Updated On Tue, May 16th, 2023 by Saurenergy Among the many firms that have given a massive EV push to China, is BENY- a 30-year-old firm that has made a strong pivot towards green energy-linked solutions. Commercial EV charging stations, that account for 30% of BENY’s product mix, have taken the firm to markets around the world, helping build a solid reputation for […] Read more
Sona Comstar, Equipmake To Make Electric Powertrains For Indian Vehicles Updated On Tue, May 16th, 2023 by Saurenergy Gurugram-based automotive technology company Sona BLW Precision Forgings Ltd, or Sona Comstar, has signed a technology licensing agreement with UK-based tech firm Equipmake which has developed high-performance electric powertrains. The patented technology of Equipmake offers high power density and efficiency with high performance, making it ideal for electric cars, buses, and commercial vehicles. Under the […] Read more
Five Major Challenges India Can Face in Lithium Mining Updated On Tue, May 9th, 2023 by Saurenergy In the latest development, the Geological Survey of India (GSI) indicated the presence of a large deposit of Lithium in the Degana region of Rajasthan’s Nagaur district. It is the second largest critical mineral discovery after the GSI discovered another significant source in the Reasi district of Jammu and Kashmir in February this year. While […] Read more
Is It Possible To Build Smaller Yet Long-Lasting Lithium Batteries? Updated On Mon, May 8th, 2023 by Saurenergy Lithium-ion batteries have now become indispensable to households across the world. With their excellent energy storage, lightweight, and recharging potential, these batteries are now finding their rampant usage in Electric Vehicles (EVs) and other household energy storage devices. But is it possible to build more long-lasting and smaller Lithium-ion batteries of equal or more capacity? […] Read more
Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA Updated On Mon, May 8th, 2023 by Saurenergy IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’. The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […] Read more
