Q2 Results: IREDA Reports 36% Jump In Net Profits Updated On Fri, Oct 11th, 2024 by Saurenergy The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […] Read more
MNRE To Fund Innovative Technologies Under PM Surya Ghar Updated On Thu, Oct 10th, 2024 by Saurenergy To further support the development of innovative projects under PM Surya Ghar: Muft Bijli Yojna, the Ministry of New and Renewable Energy (MNRE) has issued latest guidelines laying down new norms under the ‘Innovative Projects’ component of the scheme. The objectives of the Innovative Projects for Rooftop Solar are: a. To identify and fund new […] Read more
LMFP Batteries That Could Increase EV Range By Upto 20% Claimed Updated On Tue, Oct 8th, 2024 by Saurenergy UK-based Integrals power claims it has made a breakthrough in Lithium Manganese Iron Phosphate (LMFP) cathode active materials for battery cells. Applying its propriety materials technology and patented manufacturing process, the company says it has overcome the drop in specific capacity compared that typically occurs as the percentage of manganese in increased. The result is […] Read more
Govt Extends EV Charging Norms For Battery Swapping Centers Updated On Mon, Oct 7th, 2024 by Saurenergy The Ministry of Power (MoP) in its latest notification extended several norms, meant for Electric Vehicle (EV) Charging Stations for Battery Swapping Stations (BSS) and Battery Swapping Charging Stations (BCS). This notification comes at a time when the government and several battery swapping companies are working to boost this alternative means of refueling EVs. The […] Read more
India’s First Second Life Battery UPS In Pune Takes Shape Via MG Motor, Vision Mechatronics Updated On Mon, Oct 7th, 2024 by Saurenergy JSW MG Motor India, the JV between the JSW group and China’s SAIC Motors that has strong portfolio of EVs for India has made a strong sustainability push for the batteries powering its EVs. And with good reason, considering how these sturdy batteries can increasingly be expected to outlast the vehicles they are designed for. […] Read more
CEA Data Indicates Doubling of Electricity Demand From EV’s In Q1 Fy24 Updated On Wed, Oct 2nd, 2024 by Saurenergy The Central Electricity Authority (CEA) , which tracks electricity consumption from public charging stations among other things, has released its latest report for Q1 Fy24, indicating a 108 percent growth in power demand from EVs YoY. According to CEA, Public Charging stations (PCSs) consumed 176.87 million units (MU) of energy during the April-June quarter in […] Read more
India’s Power Sector Surge: Motilal Oswal Tracks A Rs 40 Trillion Investment Opportunity Updated On Wed, Oct 2nd, 2024 by Saurenergy India’s power sector is on the cusp of a major transformation, offering colossal investment opportunities over the next decade. Economic growth, energy transition, and technological advancements will drive the sector’s rapid growth, according to a Motilal Oswal report titled “Power Utilities: EmPOWERING INDIA!” The report outlines the massive growth and investment potential in the sector […] Read more
PM Modi To Launch EV Charging With Rs. 1,500 Cr Investment Updated On Thu, Sep 26th, 2024 by Saurenergy Prime Minister (PM) Narendra Modi recently announced plans to develop multiple energy options, including electric vehicles (EVs), compressed biogas (CBG), and ethanol-blended petrol (EBP), at a single retail outlet. To facilitate a smooth transition to green energy, decarbonization, and net-zero emissions, while reducing range anxiety for electric vehicle drivers, the Prime Minister plans to dedicate […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
