India Can Achieve 30% of Variable Renewable Energy Generation by 2030 At No Extra Cost: ETC India Report Updated On Thu, Feb 14th, 2019 by Saurenergy Potential to reach 45% zero-carbon generation, including hydro and nuclear, while more than doubling electricity consumption and not raising consumer costs. A reliable, economically competitive and environmentally sustainable electricity system is the cornerstone of modern society. With an aim to accelerate India’s transition to renewables while moving towards a cleaner and cost-effective electricity system, The […] Read more
Poland Aid to LG Chem EV Battery Plant Gets EU Approval Updated On Tue, Jan 29th, 2019 by Saurenergy The investment aid will support LG Chem’s €325 million investment in a new vertically integrated manufacturing plant for the production of lithium-ion batteries in Poland. Poland’s €36 million (Rs 293 crore) investment aid to chemical company LG Chem, a part of one of Korea’s biggest company the LG Corp for a new electric vehicle batteries […] Read more
Volkswagen Will Convert its Components Plant to Develop EV Charging Stations Updated On Tue, Jan 29th, 2019 by Saurenergy The planned transition to e-mobility will allow the plant to accomplish the urgently needed transformation and will contribute to safeguarding employment and sustainably strengthening the financial situation of the Hanover components plant. Volkswagen Group has announced that it plans to start mass production of flexible and fast electric vehicle charging stations by 2020, and the […] Read more
Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA) Updated On Mon, Jan 28th, 2019 by Saurenergy High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […] Read more
IKEA Store to Be Equipped with Solar Rooftop and EV Charging Stations Updated On Fri, Jan 25th, 2019 by Saurenergy This installation will represent the 56th solar project for IKEA in the U.S., and contribute to the company’s solar presence atop nearly 90% of its U.S. locations, with a total generation of more than 56 MW. IKEA, the world’s leading home furnishings retailer, has announced that its future store in Norfolk, Virginia in the US […] Read more
Cygni Energy’s Solar Tech is Lighting Up Homes in Rural India Updated On Thu, Jan 17th, 2019 by Saurenergy Out of the 44,854 total installations planned, 30,828 have been completed so far. Solar-Direct Current (DC) Inverterless Technology, pioneered by Cygni Energy Private Limited, a startup that was incubated by the Rural Technology Business Incubator (RTBI) of IIT-Madras, is lighting up homes in remote parts of the country which are beyond the reach of electricity […] Read more
Okaya Bags Prestigious “Emerging Energy Storage Company of the Year” Award from IESA Updated On Wed, Jan 16th, 2019 by Saurenergy Okaya Power Group, a world class battery and inverter manufacturing company has received the most distinguished “Emerging Energy Storage Company of the Year” award from India Energy Storage Alliance (IESA). IESA, which is a leading body aimed at making energy storage sector in India more competitive and efficient, bestowed the esteemed award upon Okaya for […] Read more
Government Panel Proposes 2-Way Strategy to Promote EVs Updated On Tue, Jan 15th, 2019 by Saurenergy The panel has recommended a lower basic customs duty on components besides a lower GST rate to encourage manufacturers to take up large-scale production of e-vehicles. A government panel led by cabinet secretary Pradeep Kumar Sinha has proposed an array of incentives for electric carmakers as well as buyers of electric vehicles in an effort […] Read more
REDAVIA Secures $2 M Debt Financing for Expansion in Ghana Updated On Tue, Jan 8th, 2019 by Saurenergy “ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […] Read more
