Norway Study Shows Electrifying Trucks Key To Reducing Fossil Fuel Demand Updated On Thu, Aug 24th, 2023 by Saurenergy As per a report by Rystad, Norway’s persistent road fuel demand won’t last amid rapid EV adoption. It finds that road fuel demand in Norway has remained relatively stable even with soaring electric vehicle (EV) adoption, raising questions about whether EVs really have a material impact on diesel and gasoline sales. Rystad Energy research and […] Read more
Maharashtra Leads In Country With Largest EV Charging Infra Updated On Thu, Aug 24th, 2023 by Saurenergy While the growth of Electric Vehicle (EV) has become indispensable to the automobile sector in the country, some states have spearheaded the movement. The latest data from the government claimed that among all Indian states, Maharashtra installed the highest number of operational charging stations. The latest data shared by the Union Minister of New […] Read more
Power Consumption By EVs Up 216% In Maharashtra Updated On Tue, Aug 22nd, 2023 by Saurenergy In a sign of things to come across more and more states in India, the sale of power for electric vehicles in the state has increased by 216% in ten months — from 4.56 million units in September 2022 to 14.44 million units in July 2023, Chairman and Managing Director of Maharashtra State Electricity Distribution […] Read more
Sunsure Energy Signs Open Access Solar PPA with Dabur India Updated On Tue, Aug 22nd, 2023 by Saurenergy Sunsure Energy, a renewable energy producer, has signed an open access solar PPA with Dabur India Limited, a Science-based Ayurveda major. Under this PPA, Dabur will be able to offset a significant part of the total power needs of its Ghaziabad (Uttar Pradesh) factory. The PPA was signed in the presence of Dabur India Limited […] Read more
Tata Power Plans to Add 2.5 GW of Solar Power In FY24 Updated On Fri, Aug 18th, 2023 by Saurenergy Tata Power, an electricity generation company, has planned to add 2.5 Gigawatt (GW) of solar energy in FY24, the company’s top management said in its latest investors call. The company recently submitted the call details to the Bombay Stock Exchange (BSE) in its self-disclosure. The decision comes after an unexpected consumption increase of only 1.5% […] Read more
Navigating the Evolving Green Mobility Landscape Post FAME-II Subsidy Reduction Updated On Thu, Aug 17th, 2023 by Saurenergy The Indian electric vehicle (EV) industry has witnessed significant growth and transformation in recent years, propelled by government initiatives like the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. However, the recent reduction in FAME-II subsidies has sparked discussions and raised questions about the impact on original equipment manufacturers (OEMs) and the overall green […] Read more
Parminder Chopra Becomes CMD at PFC, First Woman to Lead India’s Largest NBFC Updated On Thu, Aug 17th, 2023 by Saurenergy Parminder Chopra has been appointed as the CMD at Power Finance Corporation (PFC). She was earlier the Director (Finance) at PFC. She has becomes the first women to steer the country’s largest NBFC. Parminder brings to the table over three decades of experience in the sectors of finance and power. The firm said, “During her […] Read more
Modi Government To Stump Up A Share Of Rs 20,000 Cr for 10,000 E Buses Updated On Thu, Aug 17th, 2023 by Saurenergy The Union government has pushed out a scheme to accelerate adoption of electric buses across 100 key cities in India. These cities, with a minimum population of 3 lac people or more, will cover all capital cities of hill states, North East States and Union Territories. Cities lacking transport infrastructure will be at the front […] Read more
$12 Mn Investment Closed by Reliance & Others in California’s Perovskite Solar Firm Caelux Updated On Wed, Aug 16th, 2023 by Saurenergy California-based firm, Caelux, which employs perovskite technology for solar energy, has pocketed $12M in Series A3 funding. The said round raised the cumulative amount to $23 million. The round augmented the cumulative amount to $23M. The investment round was led by Temasek and also saw participation from Reliance New Energy Limited, Khosla Ventures, Mitsui Fudosan, […] Read more
