Ola Raises Rs 400 Cr For its Electric Mobility Plan Updated On Wed, Mar 6th, 2019 by Saurenergy This was the first round of investment for Ola Electric, which reportedly is running several pilots to deploy electric vehicles and charging solutions. Ola Electric Mobility, the company backed by Indian car aggregator Ola, announced on Friday that it has successfully raised Rs. 400 crores (roughly $56.4 million) in a funding round led by several […] Read more
Minnesota Sets Sight For 100% Carbon-Free Electricity by 2050 Updated On Wed, Mar 6th, 2019 by Saurenergy Governor Tim Walz has set an ambitious goal for Minnesota to get 100 percent of its electricity from carbon-free sources by 2050, though his plan was short on specifics of how to meet that target. Walz said his clean energy proposals would put Minnesota at the forefront of addressing climate change while ensuring “reliable, affordable and sustainable […] Read more
World Bank Approves $185 Mn Fund to Help Bangladesh Expand RE Updated On Tue, Mar 5th, 2019 by Saurenergy The World Bank has approved $185 million to add up to 310 MW in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country. The ‘Scaling-up Renewable Energy Project’ will increase the installed capacity of renewables through piloting and expanding investments in key market segments. It will […] Read more
Saudi Arabia and China To Boost Renewable Energy Cooperation Updated On Mon, Feb 25th, 2019 by Saurenergy Saudi Arabia’s PIF signs MOU with China’s National Energy Administration on renewable energy cooperation, after announcing to make India a regional hub for oil supply. Saudi Arabia’s sovereign wealth fund PIF signed a preliminary deal for investments in China’s renewable energy sector during the visit of Crown Prince Mohammed in China. The news about the […] Read more
Guidelines & Standards Issued for EV Charging Infrastructure Updated On Sat, Feb 16th, 2019 by Saurenergy While making these amendments, MoHUA also considered guidelines and standards issued by the Power Ministry for charging infrastructure for electric vehicles. With an aim to facilitate availability of Electric Vehicle (EV) charging infrastructure in India, the Ministry of Housing and Urban Affairs (MoHUA) has made amendments to the Model Building Byelaws (MBBL) 2016 and Urban […] Read more
In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […] Read more
Sign of the times. At Petrotech Expo, PM Speaks About Renewables Updated On Tue, Feb 12th, 2019 by Saurenergy The PM also said that signs of convergence between cheaper renewable energy, technologies and digital applications were also becoming evident. Prime Minister Narendra Modi while addressing the Petrotech Expo said that, globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change. “Winds of change are evident in the global energy arena. There […] Read more
Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
Egypt Building One of the World’s Largest Solar Parks Updated On Fri, Jan 25th, 2019 by Saurenergy The park on completion will house 32 power stations across the 37 sq. km. site and will be able generating close to 1,650 MW of electricity. One of the world’s largest and most ambitious solar energy projects is underway at a site in the Western Desert, some 650 km south of Cairo. The Benban Solar […] Read more
