Ministry of Heavy Industries Greenlights 7,432 EV Charging Stations Across India Updated On Mon, Dec 11th, 2023 by Saurenergy In a major announcement that is set to transform the EV (electric vehicle) charging landscape of the country, the Ministry of Heavy Industries has given its nod for 7,432 EV charging stations. The charging stations will be set up by three Oil Marketing Companies (OMCs). The announcement comes under the second phase of the FAME […] Read more
EU Commission Proposed Extension On Sale EV and Batteries In UK Updated On Fri, Dec 8th, 2023 by Saurenergy The European Union (EU), recently proposed to the European Council a one-off extension on electric vehicles (EV) and batteries – until 31 December 2026. This proposal falls under the current rules of origin for electric vehicles and batteries under the EU-UK Trade and Cooperation Agreement (TCA). The Trade and Cooperation Agreement established the rules governing […] 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
With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales Updated On Thu, Dec 7th, 2023 by Saurenergy Chinese solar module manufacturer Qn-SOLAR achieved significant growth in 2023, surpassing 4.5 GW of global sales. The company expanded its market reach from Europe and Brazil to a global scale, including Europe, the Middle East, Asia-Pacific, North America, and South America. Qn-SOLAR has optimized its localization strategy by forming localized teams to support business expansion […] Read more
ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion Funding Updated On Tue, Dec 5th, 2023 by Saurenergy ReNew Energy Global Plc (“ReNew”), on Sunday, signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects. The MoU covers projects with investment value of more than US$ 5.3 billion between 2023 and 2028. The MoU was signed at COP28, Dubai by ReNew’s Founder, […] Read more
US Proposes Norms To Counter Chinese Domination In Battery Manufacturing Updated On Mon, Dec 4th, 2023 by Saurenergy The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […] Read more
TOPCOn Makes Inroads In India’s Solar Manufacturing Sector Updated On Fri, Dec 1st, 2023 by Saurenergy Around 2019, mono-PERC (Passivated Emitter Rear Contact) was well on its way to dominate the solar market in India, in a market that was ruled by polycrystalline modules until then. Researchers and developers had already estimated its dominance five years ago in 2014, but it took a wholesale shift to mono-PERC by leading Chinese manufacturers […] Read more
Adani TotalEnergies E-Mobility Limited to Steer EV Charging in Kanpur Updated On Fri, Dec 1st, 2023 by Saurenergy Adani TotalEnergies E-Mobility Limited (ATEL) has inked an agreement with Kanpur Municipal Corporation (KMC) with an aim to encourage e-mobility in Kanpur. Under the Memorandum of Understanding signed between ATEL and the Municipal Corporation of Kanpur, the emobility firm will be responsible for setting up EV charging stations at 18 major locations in Kanpur city. […] Read more
Deye To Start Manufacturing Inverters, ESS in India Soon: Bharat Singh Updated On Fri, Nov 24th, 2023 by Saurenergy How has the journey of Deye in India been till now? In the last two years, Deye has increased its presence in India. We earlier, introduced our hybrid inverters to ensure our brand gets recognition in the country’s renewable sector. We also launched on-grid inverters. In the recently-concluded REI Expo in Greater Noida, we introduced […] Read more
