FAME-II Aided Deployment Of 16.7L EVs In India: Govt Updated On Fri, Aug 2nd, 2024 by Saurenergy The Minister of State for Heavy Industries and Steel Bhupathi Raju Srinivasa Varma in a written reply before the Rajya Sabha today said that the FAME-II scheme aided in the deployment of 16 lakh Electric Vehicle (EVs) in India. The scheme earlier had helped the EV sector to expand with a hand-holding support to the […] Read more
Amara Raja, Ather Plan Li-Ion Gigafactory At Telangana Updated On Thu, Aug 1st, 2024 by Saurenergy Ather Energy has established two manufacturing facilities in Hosur, Tamil Nadu: one for battery production and another for vehicle assembly. Recently, the company announced plans to build a new plant in Maharashtra and has now decided to collaborate with Amara Raja Advanced Cell Technologies to set up a facility in Telangana. This new facility will […] Read more
Programme Associate – Power Markets Updated On Thu, Aug 1st, 2024 by Saurenergy CEEW seeks to hire a candidate to conduct research on the interface of electric vehicles (EVs) and power systems. The candidate is expected to conduct qualitative and quantitative research on the power system-related challenges and opportunities of expanding the EV charging infrastructure for various vehicle segments. The role will also involve extensive engagement with government, […] Read more
Servotech Q1 Results- Revenue Grows 41% To Rs. 11,244 Lacs Updated On Thu, Aug 1st, 2024 by Saurenergy Servotech Power Systems Ltd., a manufacturer of Electric Vehicle (EV) chargers, solar solutions, and power backup systems, has announced its financial performance for the quarter ended June 30, 2024 (Q1 Fy25) In its financial highlights, Servotech reported a strong YoY growth in consolidated total revenue by 41% in Q1 FY25, rising to Rs. 11,243.92 lacs […] Read more
Q2 Results: First Solar Sees 24.6% Rise In Sales Updated On Wed, Jul 31st, 2024 by Saurenergy US solar module manufacturer, First Solar, recently released the latest financial results for the second quarter ending June 30, 2024, in which the company made a net sales of $1.0 billion. In this quarter, the company saw an increase in sales by $0.2 billion from the previous quarter. First Solar in its second quarter reported […] Read more
KERC Brings New Norms For EV Charging Stations For Buildings Updated On Wed, Jul 31st, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) in its latest suo motto order has issued new guidelines for the establishment of Electric Vehicle (EV) Charging Stations for commercial/residential buildings in urban areas of the state. The state power regulator said that the move was taken to streamline the establishment of the charging stations by bringing more […] Read more
Global Investments In Battery To Decline In 2024: Rystad Report Updated On Wed, Jul 31st, 2024 by Saurenergy Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic […] Read more
Spain Moves To Build Solar Supply Chain, Energy Storage Manufacturing Updated On Wed, Jul 31st, 2024 by Saurenergy Spain, one of the most well placed countries in Europe for Solar power, crossed the 25 GW mark for installed solar capacity in 2023. Now, the Spanish government is moving to ensure a significant part of future additions come from domestically produced panels, besides the next big growth area, energy storage as well. The energy […] Read more
India To See 9.17% Growth In EV Sector Workforce: TeamLease Updated On Tue, Jul 30th, 2024 by Saurenergy TeamLease’s recent survey points towards a transition in the employment structure within the power and energy sector, particularly in the electric vehicle (EV) segment from April-September 2024-2025. TeamLease presented its ‘Employment Outlook Report’ for the first half of the fiscal year 2024-25 where it analyzed data from a wide-ranging survey of 1,417 employers across 23 […] Read more
