Increased EV Penetration to Boost Jobs and Lower Crude Imports in India: CEEW Updated On Tue, Nov 10th, 2020 by Saurenergy Increased EV penetration in India could help it save on crude oil imports worth over Rs 1 lakh crore annually and create 120,000 new jobs by 2030 A new study has found that India could save on crude oil imports worth over Rs 1 lakh crore (USD 14 billion) annually if electric vehicles (EVs) were […] Read more
Fortum Partners up to Boost EV Charging Infrastructure Growth in India Updated On Mon, Nov 9th, 2020 by Saurenergy To bolster EV charging infrastructure in India, Fortum signed an agreement whereby Finnfund will invest in a minority share of Fortum Charge and Drive India To bolster growth for electric vehicles (EV) charging infrastructure in India, Fortum signed an agreement whereby Finnfund, a Finnish development financier and professional impact investor, will invest in a minority […] Read more
EV Startup Ather Energy Raises $35 Mn in Latest Funding Round Updated On Mon, Nov 9th, 2020 by Saurenergy Electric two-wheeler manufacturer Ather Energy has raised USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal Hero MotoCorp-backed electric two-wheeler manufacturer Ather Energy has announced that it has raised just over USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal’s investment of USD 23 […] Read more
Powering Solar to 2025 and beyond Updated On Fri, Nov 6th, 2020 by Saurenergy The Technologies and Interventions That Will Drive Solar For the global solar sector, the pandemic hit home much earlier than it did for many other sectors. For even before global lockdowns became the norm, China’s early lockdown in late January, followed by other cities subsequently, was sufficiently disruptive for global shipments of solar equipment, of […] Read more
Inverted Energy Opens Lithium-ion Battery Manufacturing Facility in Delhi Updated On Fri, Nov 6th, 2020 by Saurenergy Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. Delhi-based battery manufacturer Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The company stated that the commissioning of the plant, which currently has a production […] Read more
NTPC and AAI Sign MoU to Promote Solar Plants and EVs at Airports Updated On Fri, Nov 6th, 2020 by Saurenergy AAI has signed an MoU with NVVN, an NTPC subsidiary, to promote the usage of EVs and set up solar power plants at airports across India. #AAI today signed an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) for setting up solar power plants & adoption of e-vehicles at AAI airports. The MoU was signed […] Read more
Renewable Energy Solutions can be Backbone of Urban Decarbonization Efforts: Report Updated On Thu, Nov 5th, 2020 by Saurenergy A new report by IRENA and IKI finds that renewable energy solutions can be the backbone of urban decarbonization efforts. A new report by the International Renewable Energy Agency (IRENA) and the International Climate Initiative (IKI) finds that renewable energy solutions can be the backbone of urban decarbonization efforts. The report ‘Rise of renewables in […] Read more
Andhra Pradesh Planning to Install 400 EV Charging Stations Updated On Wed, Nov 4th, 2020 by Saurenergy The state government of Andhra Pradesh has decided to set up 400 electric vehicle (EV) charging stations across the state. The state government of Andhra Pradesh, in an attempt to promote the adoption of electric vehicles (EV), has decided to set up 400 electric vehicle charging stations across the state. And the TNN reports that […] Read more
Efficient Storage Solutions can Meet Challenges in India’s RE Programme: Prabhu Updated On Wed, Nov 4th, 2020 by Saurenergy Efficient energy storage technology can help meet the challenges in India’s renewable energy (RE) programme, former union minister Suresh Prabhu has said. Efficient energy storage technology and solutions can help meet the challenges in India’s renewable energy (RE) programme, former union minister Suresh Prabhu has said. India has set an ambitious target of having 175 GW of clean energy by 2022 including 100 […] Read more