Maharashtra EV Policy 2021 Seeks 25 Percent EV’s For Public Transport by 2025 Updated On Mon, Jun 21st, 2021 by Saurenergy In a webinar organized by the State Environment Department’s Majhi Vasundhara Abhiyan, the Maharashtra government released information about the new draft EV policy that awaits cabinet approval. The new EV policy is set to be in force from April next year (2022). The policy aims to ensure that electric vehicles account for at least 10 […] Read more
PTT’s Power Arm To Invest $635 Million In Renewable Energy Across Asia Updated On Mon, Jun 21st, 2021 by Saurenergy Global Power Synergy, the power unit of Thailand’s state-owned oil and gas group PTT, will invest 20 billion baht equivalent to USD 635 million, in renewable energy assets across Asia including India and China. Global Power Synergy announced that it will be borrowing up to USD 635 million from parent PTT for investment chiefly in […] Read more
Foxconn In Partnership With Gigasolar For EV Battery Components Updated On Thu, Jun 17th, 2021 by Saurenergy Taiwanese multinational electronics contract manufacturer, Foxconn announced a partnership with a solar cell material maker, Gigasolar Materials Corp., to develop electric vehicle (EV) battery materials. A Foxconn subsidiary has invested NT$995.2 million (New Taiwan Dollar) which is equivalent to USD 36 million, for the partnership with Gigasolar. The investment via a private placement through a […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
India Needs 4 Lakh Charging Stations for 20 Lakh EVs by 2026 Updated On Mon, Jun 14th, 2021 by Saurenergy According to a new report by Grant Thornton Bharat-Ficci, India needs around four lakh charging stations for 20 lakh electric vehicles (EVs) by the year 2026. The report that came on Sunday said that to achieve its target of 100 percent electric mobility by 2030, India needs to focus on key points, including increasing government […] Read more
Gujarat Tenders For 16,417 Battery Operated Two & Three Wheelers Updated On Mon, Jun 14th, 2021 by Saurenergy The Gujarat Energy Development Agency (GEDA) has invited EOI (Expression of Interest) for Authorization of Manufacturers for marketing & distribution of battery-operated, low Speed & high-speed Two and Three-Wheelers with Lithium-Ion battery, under Gujarat’s GEDA BOV scheme. GEDA has invited separate EOIs for battery-operated 11000 two-wheelers and 5,417 three-wheelers (E-rickshaw) under the subsidy for the year […] Read more
Delhi’s 2041 Draft Master Plan Foresees 50 Percent Energy From Renewables Updated On Fri, Jun 11th, 2021 by Saurenergy Delhi’s Draft Master Plan (MPD 2041) for the next two decades was formally release for public feedback and attention . The MPD is relevant, simply because it lays the roadmap for the city’s development for the next two decades. Previous masterplans have suffered various amendments and changes, almost all driven by political necessities. Basic necessities, […] Read more
Clean Energy Investment in Developing Economies a Global Priority: IEA Updated On Thu, Jun 10th, 2021 by Saurenergy New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […] Read more
Wind-based Electrification Will Drive Europe to Net Zero: WindEurope Updated On Wed, Jun 9th, 2021 by Saurenergy Electrification is the most cost-effective way to decarbonise Europe’s economy according to a report from ETIPWind and WindEurope out today. Wind energy will lead the process: the EU sees it being half of Europe’s electricity by 2050. With the right investments in grids and technology, the combined rate of direct and indirect electrification will be […] Read more