India’s Solar Panel Imports In Last 5 Years- Vietnam, Malaysia Pick Up Slack From China Updated On Fri, Dec 8th, 2023 by Saurenergy The Union Minister for Power and New and Renewable Energy, R.K. Singh recently shared data on solar panel imports into India in the past 5 years. Sourced from the Export Import Data Bank of the Ministry of Commerce, the figures make for interesting reading. For instance, data claimed between 2022-23 and 2023-24 (6 months) even […] Read more
India Registered 62 EV Manufacturers Under FAME-II, Parliament Told Updated On Thu, Dec 7th, 2023 by Saurenergy The Minister of State for Heavy Industries (MHI), Krishan Pal Gurjar, in a written reply in Parliament stated that, under FAME-II, subsidies of Rs. 5,228.00 crore were disbursed for the increased deployment of Electric Vehicles (EVs) in India. He also told the Lower House that under the scheme, a total of 11,53,079 EVs were sold […] Read more
ICRA Sees FY24 Ending On a Positive Note For RE, 20 GW Additions Projected For India Updated On Thu, Dec 7th, 2023 by Saurenergy Ratings and Research firm ICRA sounded an optimistic note in their December update, with hopes that overall renewable capacity additions in FY24 will touch 20 GW. That number, made up of 12 GW of solar, 2 GW of wind besides other RE sources, becomes even better for FY25. The firm expects solar to add 20 […] Read more
Aravind Kumar to Steer Magenta Mobility as Chief Financial Officer Updated On Thu, Dec 7th, 2023 by Saurenergy Electric mobility solutions provider, Magenta Mobility, has appointed Aravind Kumar S R as its Chief Financial Officer. The Chartered Accountant brings to the table 21 years of work experience and the skills acquired from the Executive General Management Programme at IIM Bangalore. Aravind Kumar has worked with firms such as Satyam Computers, Renault Nissan Technology […] Read more
Startup India & Avaana Climate Launch Grand Challenge for ClimateTech Innovation Updated On Tue, Dec 5th, 2023 by Saurenergy Avaana Climate & Sustainability Fund, an early-stage VC that invests in disruptive technology-led climate startups, in collaboration with Startup India, a flagship initiative of the Government of India has unveiled the ‘Grand Challenge for ClimateTech Innovation’. This initiative aims to identify and support entrepreneurs building world-class solutions, to aid India and the entire world, in […] Read more
Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA Updated On Mon, Dec 4th, 2023 by Saurenergy IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […] Read more
Tripling RE Power With Efficiency Will Accelerate Fossil Phaseout: EMBER Updated On Mon, Dec 4th, 2023 by Saurenergy Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that, by 2035, renewables and efficiency alone can slash total CO2 […] Read more
Dogger Bank D Awards Projects for Technical Consultations to Three Firms Updated On Mon, Dec 4th, 2023 by Saurenergy Contracts have been awarded to Genesis, H2GO Power, and Fichtner by project partners SSE Renewables and Equinor in an initiative to begin the production of large-scale green hydrogen from the 2 GW Dogger Bank D. Being developed in a phased manner, Dogger Bank is located off the coast of England. The project, which could be […] Read more
SECI Seeks Wind Power Developers for 1350 MW Wind Power Projects Updated On Fri, Dec 1st, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has floated a tender seeking Wind Power Developers for setting up of 1350 MW ISTS-connected wind power projects in India under tariff-based Competitive Bidding (SECI-Tranche-XVI). The last date to submit the bid in soft copy format is January 10, 2024. The last date to submit the bid in […] Read more