ISA Decides On Solar Facility To Expedite Funding Updated On Fri, Oct 21st, 2022 by Saurenergy In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […] Read more
Indian Market Is The Biggest Market For Solar; Will Continue To Be: MNRE Min R K Singh Updated On Wed, Oct 19th, 2022 by Saurenergy The press conference for the fifth assembly of the International Solar Alliance (ISA) held in New Delhi, was led by the MNRE Minister R K Singh, who shared significant insights on the work being done by the organisation while also shedding light on several aspects of the Indian solar industry that are gaining momentum. Here […] Read more
IoT-Enabled E-Vehicles Can Boost Digital India Scheme Updated On Fri, Oct 14th, 2022 by Saurenergy By Nitin Kapoor, Managing Director of Saera Electric Auto For India to maintain its responsibility towards the Sustainable Development Goals (SDGs), steady penetration of electric vehicles and a proportionate decline in the sale of Internal Combustion Engine (ICE) vehicles is imperative. While the demand for green transportation is gradually growing, there are certain challenges that […] Read more
Distribution Sector Reforms Are Key For Growth Of The Sector Updated On Thu, Oct 13th, 2022 by Saurenergy Energy firms across the spectrum face the new reality of the energy transition to a higher share for renewable energy. Apraava Energy, formerly CLP India, one of the many firms that have tasked themselves with the task to make the shift as smoothly as possible. SaurEnergy got responses from Naveen Munjal, Director Business Development and […] Read more
Importance Of Solar Rooftop Panels In Indian Market Updated On Tue, Oct 11th, 2022 by Saurenergy Gautam Mohanka, Managing Director, Gautam Solar India’s ambitious target to have 450 GW of renewable energy by 2030 includes installation of 280 GW of solar power and 140 GW of wind power. For India to meet its solar energy targets, rooftop solar can play a significant role. Recently, several states across the country have been […] Read more
Goldwind To Supply 111 Wind Turbines To Masdar For Uzbekistan Wind Project Updated On Mon, Oct 10th, 2022 by Saurenergy Chinese multinational wind turbine manufacturer Goldwind has announced that it has secured a novel deal with Masdar (Abu Dhabi Future Energy Company) for the supply of 111 units of GW155-4.5MW turbines. The turbines will be supplied for the largest of its kind project in Uzbekistan and Central Asia. Goldwind held that the agreement with Masdar […] Read more
Green Marketplace Reneum Raises $4.1M Pre-Seed Funding Led by Ajeej Capital Updated On Fri, Oct 7th, 2022 by Saurenergy The blockchain-based green energy marketplace Reneum Institute has announced that it has secured a $4.1 million pre-seed funding round led by Ajeej Capital, a major player in the Dubai investment sector. Reneum just graduated from the polygon-backed accelerator program run by Outlier Ventures and is an investor. Reneum is additionally supported by the MENA and […] Read more
ONE To Invest $1.6 20 GWh In Michigan Cell Factory Updated On Fri, Oct 7th, 2022 by Saurenergy Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […] Read more
As Usage Increases, 30% of Two-Wheelers Will Be Electrified by 2030 Updated On Tue, Oct 4th, 2022 by Saurenergy According to a recently published survey report, new manufacturers will drive the transition toward electric two-wheelers, which will account for 30% of the country’s market by 2030. By 2030, passenger cars will be 15% electric, and three-wheelers would be 75% electric, according to a BNP Paribas analysis entitled “India Autos—Electric vehicles: Minutes to midnight.” The […] Read more