Wind Capex To More Than Double To Rs 1.8 lakh Crore By Fiscal 2028 Updated On Tue, May 21st, 2024 by Saurenergy CRISIL Ratings recently announced that, the wind capacity addition is expected to witness to rise 2.5x on auction ramp-up and easing supply side constraints. The research agency anticipates an increase in India’s wind capacity addition with an increase by 2.5 times to nearly 25 GW between fiscals 2025 and 2028. This is an increase compared […] Read more
EV Car Sales In India Reached 1Mn With 70% YoY Growth Updated On Tue, May 21st, 2024 by Saurenergy International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […] Read more
Construction Of 2GW Offshore Solar Plant In China Starts Updated On Mon, May 20th, 2024 by Saurenergy China National Nuclear Power (CNNP) has kicked off the construction of the country’s largest offshore solar power plant next to the company’s nuclear power station in eastern Jiangsu province. Called the Tianwan Offshore Photovoltaic Power Station, the 2 GW solar project entails an investment of CNY9.9 billion (USD1.4 billion) and comes with a 400 MWh […] Read more
US EV Purchase Dissipates As Consumer Demand Cools Down: Report Updated On Fri, May 17th, 2024 by Saurenergy An American data analytics, software, and consumer intelligence company, J.D. Power 2024 US Electric Vehicle Consideration (EVC) Study estimate that consumer demand for electric vehicles (EVs) has cooled as the industry grapples with persistent growing pains. For the first time since the study’s inception in 2021, new-vehicle buyer consideration has dropped from the previous year. […] Read more
Logistics Company Roadcast Signs EV Financing Pact With NBFC Updated On Fri, May 17th, 2024 by Saurenergy Logistics company Roadcast has signed an agreement with Mufin Green Finance a listed Non-Banking Financial Company (NBFC) with a dedicated focus on electric vehicle (EV) financing. According to the media statement, Mufin Green Finance will lease out electric three-wheelers (E3W) equipped with GPS-enabled technology provided by Roadcast. The integration of advanced IoT systems into the […] Read more
Leapmotor Forms JV With European Auto Firm To Foray Into India Updated On Wed, May 15th, 2024 by Saurenergy Chinese auto-maker Leapmotor has announced that it has formed a joint venture with Europe-based vehicle company Stellantis as it plans to step into the Indian market. Leapmotor International BV, a Stellantis-led joint venture, will now be introducing T03 and C10 first in the European markets and expanding to India & Asia Pacific (excluding Greater China), […] Read more
US Utility Solar Capacity Crosses 100 GW Updated On Wed, May 15th, 2024 by Saurenergy The American Clean Power Association (ACP), in its quarterly report for the US states that 2024 has begun on a strong note with Q1 seeing U.S. utility-scale solar, wind, and storage sectors adding a combined 5,585 megawatts (MW) of new capacity.This is an increase of 28% compared to installations in the same period a year […] Read more
Amplus Commissions 73.4 MWp Open Access Solar Plant In Jhansi Updated On Tue, May 14th, 2024 by Saurenergy Amplus, has announced the successful commissioning of its 73.4 MWp Project Lakshmi, an intra-state open-access solar plant in Jhansi, Uttar Pradesh. Project Lakshmi marks Amplus’s third solar open-access plant in Uttar Pradesh, following the success of Project Mirza and Project Deoria. This latest milestone elevates Amplus’s operational open-access capacity in Uttar Pradesh to over 200 […] Read more
HPCL Issues 300 MW EPC Tender For Solar Projects Updated On Tue, May 14th, 2024 by Saurenergy Hindustan Petroleum Corporation subsidiary HPCL Renewable and Green Energy (HPRGEL) has issued a tender inviting bids for 300 MW of interstate transmission system (ISTS)–connected solar power projects in seven states. The tender pertains to the engineering, procurement, and construction (EPC) package. The last day to submit the bids is May 30, 2024, and the bids […] Read more
