To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL Updated On Thu, Oct 24th, 2019 by Saurenergy Governments, businesses and society as a whole need to change the prevailing mindset from ‘business-as-usual’ to ‘business-as-unusual’ to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, there’s a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization […] Read more
Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari Updated On Thu, Oct 24th, 2019 by Saurenergy The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […] Read more
Storage Subsidies. With or Without Renewables? Updated On Thu, Oct 24th, 2019 by Saurenergy The Award of the Nobel Prize in Chemistry to three scientists who have played a key role in the development and commercialisation of Lithium storage batteries, is a true indicator of the critical role of storage today. More so at a large scale now. The changes happening on the Energy storage subsidy front in the […] Read more
Indigenisation of EV Manufacturing Could be Worth $2.7 bn for India: CEEW Updated On Thu, Oct 24th, 2019 by Saurenergy Indigenisation of electric powertrain components and battery pack assembly could produce a value addition USD 2.7 billion for the auto industry in India, in case of an EV transition Indigenisation of electric powertrain components and battery pack assembly could produce a 5.7 percent higher output value addition worth USD 2.7 billion for the auto industry […] Read more
EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui Updated On Wed, Oct 23rd, 2019 by Saurenergy EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […] Read more
Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more
ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
Ford Introduces North America’s Largest EV Charging Network Updated On Fri, Oct 18th, 2019 by Saurenergy Ford is giving all its future EV customers easy access to more EV public charging stations in North America than any other automaker. Ford is giving all its future all-electric vehicle (EV) customers easy access to more EV public charging stations in North America than any other automaker. The company has partnered with Amazon and […] Read more
MG Motor Partners With eChargeBays for EV Charging Infrastructure Updated On Fri, Oct 18th, 2019 by Saurenergy MG Motor India has announced its partnership with eChargeBays to assist its customers with setting up infrastructure at their home for charging their EV MG Motor India has announced its partnership with eChargeBays, a Delhi-based start-up, to assist its customers with last-mile assistance in setting up infrastructure at their home for charging their electric […] Read more
