Australian Government Rules Out Electric Vehicle Subsidies From ‘Future Fuel Strategy’ Updated On Sat, Feb 6th, 2021 by Saurenergy The Australian government has released a ‘Future Fuel Strategy’ paper, which states that the government will not provide subsidies to spur faster growth of cleaner cars (electric vehicles). It does not include policies that can make buying electric vehicles (EVs) affordable, as some other countries have announced. Rather, the government proposed to invest in electric […] Read more
Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac Updated On Fri, Feb 5th, 2021 by Saurenergy Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […] Read more
KPTL Acquires Brazilian Power T&D EPC Company Fasttel Engenharia Updated On Fri, Feb 5th, 2021 by Saurenergy KPTL has signed a definitive agreement to acquire a controlling take of 51 percent in Brazilian T&D EPC company Fasttel Engenharia. Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has announced that its wholly-owned subsidiary in Brazil – Kalpataru Power do Brasil Participações has signed a […] Read more
Renewance Receives Battery Recycling Prize from the US Department of Energy Updated On Thu, Feb 4th, 2021 by Saurenergy Illinois-based battery-lifecycle management company Renewance has been awarded for innovations in battery collection, reuse, and recycling. Battery-lifecycle management company Renewance, Inc., was one of seven recipients of the Phase II Lithium-Ion Battery Recycling Prize, awarded by the U.S. Department of Energy (DOE), on December 17, 2020. The Battery Recycling Prize supports the DOE’s Energy Storage Grand Challenge, […] Read more
Enphase Energy and Momentum Solar Expand Partnership to Include Battery Storage Updated On Thu, Feb 4th, 2021 by Saurenergy Enphase Energy, Inc., a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced that Momentum Solar, a top U.S. residential solar contractor and an Inc. 500 fastest-growing private company, will now promote and install Enphase Storage systems in addition to Enphase Solar systems as their all-in-one home energy […] Read more
Tesla Won’t Solve the Issue of Low EVs Influx in India: IDTechEx Report Updated On Mon, Feb 1st, 2021 by Saurenergy Tesla has announced its plans to enter the Indian automobile market at the very beginning of 2021. So how will Tesla reach its goals in India, and how India will boost its EV adoption with this foreign entry? Well, the answer is not quite that straight and easy. However, a report from IDTechEx: “Electric Vehicles in […] Read more
Budget 2021. Why 24X7 Power For All, Tackling Discom Losses Is key Updated On Mon, Feb 1st, 2021 by Saurenergy Hopes are once again high that the government will take a broom to clean up discom losses in some way, one of the most intractable issues for the power sector for decades now. As always, the present time remains the best time to do something about it. On January 29 morning, power minister R.K. Singh […] Read more
General Motors Aims to Become Carbon Neutral by 2040 Updated On Sat, Jan 30th, 2021 by Saurenergy US based automaker, General Motors yesterday announced its plans to become carbon neutral in its global operations by 2040. Also, the company has committed to setting science-based targets to achieve carbon neutrality. In addition to this, the company has also signed the Business Ambition Pledge for 1.5⁰C, an urgent call to action from a global […] Read more
With 120 MWh Storage Win, Israel’s Augwind Challenges Lithium-ion Storage Updated On Wed, Jan 27th, 2021 by Saurenergy Yakum, Israel-based Augwind has been claiming that its Air Battery energy storage system will be superior to Lithium battery storage. The firm got a big boost earlier this month when Israel’s Electric Authority awarded a big tender for 609 megawatts of solar and 2.4 gigawatt-hours of energy storage, of which at least 120 megawatt-hours of […] Read more
