China to Focus on Gobi Desert for New Solar, Wind Power Bases Updated On Fri, Feb 11th, 2022 by Saurenergy China’s new renewable energy plans will focus on the Gobi and other desert regions, as it speeds up the construction of huge new wind and solar power bases and boosts its transmission capabilities, regulators said in a new policy document, according to recent media reports. To meet its climate targets, China – the world’s biggest […] Read more
Euler Motors, TWU to Deploy 1,000 E3W Within a Year Updated On Fri, Feb 11th, 2022 by Saurenergy Bengaluru-based Electric Vehicle (EV) financier Three Wheels United (TWU) announced it has partenered with EV maker Euler Motors to deploy more than 1,000 electric 3-wheelers across Delhi NCR, Bengaluru, Chennai, and Hyderabad by the end of the financial year 2022-23. TWU aims to address the issue of high cost of finance for drivers of electric […] Read more
TotalEnergies to Acquire Commercial & Industrial Solar Business of SunPower Updated On Fri, Feb 11th, 2022 by Saurenergy TotalEnergies has announced that the company has signed a contract with SunPower Corp.’s to purchase latter’s Commercial & Industrial Solutions (CIS) business for $250 million. The amount includes $60 million of earn-out. TotalEnergies is the majority shareholder of SunPower, a leading solar technology and energy services provider. Both the companies have approved the acquisition following a thorough process involving […] Read more
Reliance Joins Altigreen in the EV Race Updated On Thu, Feb 10th, 2022 by Saurenergy Reliance New Energy Ltd (RNEL), a subsidiary of Reliance Industries Ltd (RIL), has announced an agreement with Altigreen Propulsion Labs Private Limited (Altigreen), a Bengaluru-based electric vehicle technology and solutions company for commercial last-mile transportation through two, three, or four-wheelers. . “Reliance New Energy Ltd (RNEL), a wholly-owned subsidiary of the company, has entered into an agreement […] Read more
Tata Group declines to participate in ‘EV Battery’ PLI Scheme Updated On Wed, Feb 9th, 2022 by Saurenergy The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […] Read more
UK Grants 1st Reactive Power Contract to Offshore Wind Farm Updated On Wed, Feb 9th, 2022 by Saurenergy The National Grid ESO of the United Kingdom (UK) has awarded a contract to an offshore wind farm to help keep voltage levels in the national power network stable. As per the National Grid ESO, the contract is the first of its kind in the UK. The contract is for a ten-year period which will […] Read more
Boom In LFP Battery Use On The Way, But Not Without Hurdles Updated On Tue, Feb 8th, 2022 by Saurenergy With wider adoption by some of the industry heavyweights, Lithium Iron Phosphate or LFP battery technology is set to flourish in the very near future. Its growing acceptance in the global market has strengthened the technology’s foothold in the automotive industry. Strength of LFP It’s noteworthy that the transition will be much easier because of […] Read more
EV Charging- current status/ challenges and way forward Updated On Tue, Feb 8th, 2022 by Saurenergy By Kunwer Sachdev India’s interest in adopting clean mobility is now firm and clear. The government of India has taken steps towards encouraging an EV ecosystem in the country through the FAME policies, reduction of GST on EVs, and most recently, the Production Linked Incentives. The idea is to create an economic environment for EV […] Read more
GE Renewable Opens New Renewable Hybrids Factory in Tamil Nadu Updated On Tue, Feb 8th, 2022 by Saurenergy GE Renewable Energy has announced the opening of a new renewable hybrids factory in Vallam, near Chennai, Tamil Nadu. The site employs 250 employees, including 20 women. “As the industry and customers’ demand dispatchable renewable energy to navigate the energy transition, the need for hybrid systems is increasing exponentially. This facility that has been set […] Read more
