CCI Okays Hyundai, Kia’s Stake Buy in ANI, Ola Electric Updated On Thu, Oct 31st, 2019 by Saurenergy The Competition Commission of India (CCI) has provided its nod for the acquisition of shareholding by Hyundai Motor and Kia Motors in Ola Electric Mobility and ANI Technologies. The Ministry of Corporate Affairs said in a statement that, “CCI approves the acquisition of shareholding in ANI Technologies Pvt Ltd (ANI) and Ola Electric Mobility Pvt […] Read more
To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL Updated On Thu, Oct 24th, 2019 by Saurenergy Governments, businesses and society as a whole need to change the prevailing mindset from ‘business-as-usual’ to ‘business-as-unusual’ to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, there’s a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization […] Read more
ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
Amid Motown Slowdown, Electric Two and Three-Wheelers Power Ahead Updated On Thu, Oct 3rd, 2019 by Saurenergy With nearly 80 percent of the vehicle market dominated by two and three-wheelers in India, tech start-ups have led the electric mobility space to manufacture electric two and three-wheelers and the ecosystem must-haves like battery swapping and charging setup. Government think tank Niti Aayog announced, and retracted quickly on a transition target from fossil fuel […] Read more
Gadkari Predicts: All Buses in India Will Switch to Electric in 2 Years Updated On Tue, Sep 24th, 2019 by Saurenergy Only electric buses will run across India in the next two years and that too without making it mandatory, Nitin Gadkari, India’s road transport and highways minister, said in New Delhi on Sept. 23. Speaking at an event on energy efficiency in micro, small and medium enterprises, Gadkari said that cost-saving in running Internal Combustion […] Read more
REIL Tenders for 2 MW Rooftop Solar Projects on Govt Buildings Updated On Fri, Aug 30th, 2019 by Saurenergy REIL has issued a tender for the installation of 2 MW rooftop solar projects at various government buildings in Jaipur. Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, seeking bids from eligible bidders for the installation of 2000 kWp (2 MW) grid-connected rooftop solar projects at various government buildings in Jaipur. The scope […] Read more
Vattenfall and NewMotion Sign E-Mobility Roaming Agreement in UK Updated On Thu, Aug 29th, 2019 by Saurenergy Vattenfall, NewMotion have signed a roaming agreement for the UK as the first step towards interoperability of EV charging networks Vattenfall and NewMotion, two leading companies in smart charging solutions for electric vehicles (EV) in Europe, have signed a roaming agreement for the UK as the first step towards interoperability in the UK. This will […] Read more
Heavy Industries Ministry Approves FAME II Subsidies for 5,595 Electric Buses Updated On Mon, Aug 12th, 2019 by Saurenergy Government’s Department of Heavy Industries has sanctioned subsidies for 5,595 electric buses in 64 cities The Department of Heavy Industries has approved 5595 electric buses under the FAME India scheme phase II. The move is in line with the government’s push towards electric mobility in the public transport system. The government department said in a statement […] Read more
Will Tax Sops Help in Faster Adoption of Electric Vehicles? Updated On Mon, Jul 29th, 2019 by Saurenergy To encourage faster adoption of electric vehicles, the government has now made its intentions clear. It often takes a tax break for an idea to be adopted. And if it is a substantial cut, then greater the force to get it past its inertial state. With the announcement of a cut in GST rates on […] Read more
