Inflation Reduction Act to create 67,000 jobs & $2 billion income in rural US: Report Updated On Mon, Jan 22nd, 2024 by Saurenergy Inflation Reduction Act was signed into law in the United States in August 2022. The act aims to set newer policy measures to reduce carbon emission, improve healthcare and taxpayer compliance. It also allocates money directly to environmental justice priorities. According to McKinsey, the Inflation Reduction Act is the third piece of legislation in the […] Read more
Battery Cell Costs To Touch $32-54 per kWh By 2030: RMI Report Updated On Mon, Jan 22nd, 2024 by Saurenergy A latest report from RMI claimed that the cost of battery cells is likely to fall drastically in the days to come. The report from the global energy think tank said that the cost of battery cell costs is likely to fall to USD $32-$54 per kWh. It also said that the top-tier batteries would […] Read more
India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh Updated On Mon, Jan 22nd, 2024 by Saurenergy Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said. He added, “Electricity is the most important infrastructure, which is a sine qua […] Read more
NTPC Issues Tender For 1200 MW Solar Project At Khavda, Gujarat Updated On Fri, Jan 19th, 2024 by Saurenergy The National Thermal Power Corporation (NTPC) today issued a tender, seeking bids for the supply of 1200 MW of solar power for the Khadva Solar Project in Kutch in Gujarat. The tender said, “Project has the DC Capacity (MWDC) – 1515 MWp (378.75 MWp * 4 Blocks). It contains Bi-facial module with minimum Wattage of […] Read more
EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales Updated On Thu, Jan 18th, 2024 by Saurenergy As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […] Read more
Could a Donald Trump Presidency Trip Up The IRA? Updated On Thu, Jan 18th, 2024 by Saurenergy The IRA, or the Inflation Reduction Act in the United States (US), ever since it came into force in August 2022, has been unfolding the kind of impact that has never been seen yet in the clean energy industry. Even as most provisions in the IRA became effective by Jan 2023, the biggest part of […] Read more
Meyer Burger Announces Halt On German Manufacturing Plant, US Focus Updated On Thu, Jan 18th, 2024 by Saurenergy The massive Chinese push into Europe with the resultant high inventory levels (estimated at 90 GW, almost equal to two years of capacity additions) and low prices has claimed its first big victim. Meyer Burger Technology AG, a long-time pioneer and technology leader in the global photovoltaic industry, has prepared a plan to cut losses […] Read more
Tata Launches Its First Pure Electric Vehicle–‘Punch.ev’ Updated On Wed, Jan 17th, 2024 by Saurenergy TATA Motors subsidiary Tata Passenger Electric Mobility Ltd (TPEM), recently launched its first pure electric vehicle (EV), ‘Punch.ev’, which is powered by “acti.ev”., i.e., Advanced Connected Tech-Intelligent Electric Vehicle. Punch.ev is one of the first products of that launch based on its Pure EV system ARE acti.ev. The Punch.ev claims to be cost-effective, and its […] Read more
Jakson Green Enters Into Joint Venture With RVNL in Solar Sector Updated On Wed, Jan 17th, 2024 by Saurenergy Jakson Green Private Limited (JGPL) and Rail Vikas Nigam Limited (RVNL) announced the formation of a Joint Venture that will explore opportunities in solar power projects in India and abroad. Under the joint venture, RVNL will hold a 49% stake of the green clean energy project, while a majority stake of 51% will be held […] Read more
