Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more
EV Acceleration in UP, CM Proposes Tax Exemptions Updated On Sat, Jan 30th, 2021 by Saurenergy Considering the whole country is moving fast forward towards electric vehicles (EV) adoption, the Uttar Pradesh government is bringing advancements to increase the influx of EVs into the state. Recently, the department of industrial development reviewed EVs, during that, Chief Minister Yogi Adityanath proposed an exemption of road tax and registration fees to promote EVs. […] Read more
Lightsource bp Signs Power Contract With Verizon for 152.5 Megawatt Solar Farm in Indiana Updated On Fri, Jan 29th, 2021 by Saurenergy Lightsource bp today announced that it has entered into a virtual power purchase agreement (VPPA) with Verizon Communications Inc. that will enable construction of a new 152.5 megawatt ac solar farm in Indiana, furthering Verizon’s goal of being carbon neutral in its operations (scope 1 and 2) by 2035. The Bellflower solar farm, located about […] Read more
Grinntech To Boost Up Lithium-Ion Batteries Production in New Manufacturing Plant Updated On Fri, Jan 29th, 2021 by Saurenergy Grinntech, a startup focused on Lithium-Ion batteries for electrical vehicles (EVs) and energy storage systems announced the inauguration of their larger manufacturing plant in Chennai. The new manufacturing plant is built on a one-acre plot, it will have a capacity to produce 400 MWh per year of Lithium-Ion batteries suitable for electric two-wheelers, three-wheelers, farm […] Read more
CDC Announces $30 Mn Green Lending Facility to Tata Cleantech Capital Updated On Thu, Jan 28th, 2021 by Saurenergy CDC has announced a USD 30 million facility to Tata Cleantech Capital Limited through its directed green lending facility. CDC Group, the UK’s development finance institution and impact investor, has announced a USD 30 million facility to Tata Cleantech Capital Limited (TCCL), through CDC’s directed green lending facility. This first of its kind facility will […] Read more
India and Denmark Launch Green Strategic Partnership Updated On Thu, Jan 28th, 2021 by Saurenergy India and Denmark have begun a new era in the form of a far-reaching “Green Strategic Partnership” that will enable Denmark in delivering sustainable solutions to India. India and Denmark have begun a new era in the form of a far-reaching “Green Strategic Partnership” that will enable Denmark in delivering sustainable solutions to India. The […] Read more
Electric Buses Start Off In Andaman, Supporting Emissions Clean Up Updated On Wed, Jan 27th, 2021 by Saurenergy The Lieutenant Governor of Andaman and Nicobar Islands flagged-off a fleet of 14 electric buses on Republic Day. The project for 40 electric buses is being executed by National Thermal Power Corporation Limited (NTPC) Vidyut Vyapar Nigam Limited (NVVN Limited), a 100 percent subsidiary of NTPC Limited, a PSU under Ministry of Power, Government of […] Read more
Budget 2021. Familiar Tussle Between Developers And Manufacturers Updated On Mon, Jan 25th, 2021 by Saurenergy As the 2021 budget comes around on February 1, it is widely considered to be one of the most critical of the century, coming as it does after the Covid-19 pandemic, which is still to end. While the start of vaccination has brought in a semblance of control back to the government on its future, […] Read more
Iberdrola and Danone España join Forces Behind the Creation of Europe’s Biggest Photovoltaic Plant Updated On Fri, Jan 22nd, 2021 by Saurenergy Iberdrola and Danone have joined forces in their sustainability commitments with the signing of a long-term Power Purchase Agreement (PPA), which will drive the development of Europe’s biggest photovoltaic plant. The initiative consolidates Danone’s long-term renewable strategy and means that 100% of the renewable electricity used in its plants and factories in Spain will come […] Read more