EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023 Updated On Mon, Jan 30th, 2023 by Saurenergy Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
IRA to Swell US Renewables Investment to $114 Billion: Wood Mackenzie Updated On Fri, Jan 20th, 2023 by Saurenergy A new report by Wood Mackenzie says that the Inflation Reduction Act (IRA), a Biden law that accelerates renewables and decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. It said that a rise from $64 billion in 2022 to nearly $114 billion is expected by 2031. The […] Read more
Can India Become A Net Exporter Of Green Hydrogen? Updated On Mon, Jan 9th, 2023 by Saurenergy The Government of India has formally approved the National Green Hydrogen (NGH) Mission to make India a ‘global hub’ for using, producing, and exporting green hydrogen. To achieve this ambition, GOI has also approved a financial outlay of ₹19,744 crore. The Mission leads India toward the development of the Green Hydrogen ecosystem in the country […] Read more
Is Solar Momentum Stuttering To A Halt In India? Updated On Thu, Jan 5th, 2023 by Saurenergy India’s solar growth, that is aiming for a target of over 25 GW between this year and 2030 to meet national targets on installed capacity, appear to be shifting to the slow lane, yet again. Industry players blame the slowdown on everything from higher prices, to policy, to rising cost of capital and more. After […] Read more
2022 For Solar: Solarisation, PLI Scheme, Transmission were Buzzwords Updated On Thu, Dec 29th, 2022 by Saurenergy As we head into year 2023, here is a review of 2022 in terms of policy-level initiatives with a lowdown on where the country stands with regards to renewable energy capacity as the year comes to a close. Impetus to RE transmission projects 2022 began with the Intra-State Green Energy Corridor Phase-II (InSTS GEC-II) scheme […] Read more
As Solar Spreads Out, Marketing Makes an Entrance Updated On Tue, Nov 29th, 2022 by Saurenergy Just over 30 months ago, SaurEnergy did a feature on rooftop solar, “Residential Solar. Market Yes, But Marketing?” That story, in our April 2020 issue talked about the potential in the rooftop solar category, albeit, residential. But there was almost complete lack of formal marketing tactics from firms to attract customers. The few firms with […] Read more
Solar Is Changing Fast, Here Are 5 Ways It Already Has Updated On Mon, Nov 28th, 2022 by Saurenergy When the Jawaharlal Nehru National Solar Mission was launched back in January 2010, India had a total installed solar capacity of around 160 MW. The mission itself had a target of 20 GW by 2022. However, changes on the ground in terms of technology, availability and fresh climate realities meant a wholesale upgrade on those […] Read more
Motovolt Mobility Raises Rs 160 Mn Pre-Series Funding Led by Wami Capital & Others Updated On Thu, Nov 24th, 2022 by Saurenergy The Kolkata-based e-mobility company, Motovolt Mobility recently announced that it has raised INR 160 Mn in pre-series A round. PPAP Automotive, Vikrampati Singhania of JK Family, Ankur Agarwal of Crystal Crop, Wami Capital, a single family office based in Dubai, and other family offices participated in this round as strategic investors. The founder of the […] Read more
