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
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
Leclanche to Build Largest Solar Plus Storage Project in Caribbean Updated On Thu, Aug 8th, 2019 by Saurenergy The largest solar plus storage project to be built in the Caribbean has been announced by the Government of St. Kitts and Nevis and Leclanché The largest solar generation plus energy storage project ever to be built in the Caribbean has been announced by the Government of St. Kitts and Nevis, the state-owned St. Kitts […] Read more
ICAT and IESA Bring 3rd International EV Conclave Updated On Thu, Aug 8th, 2019 by Saurenergy India Energy Storage Alliance (IESA) and International Centre for Automotive Technology (ICAT) are jointly organising the 3rd International EV conclave on Aug 9, 2019. The Electric Vehicle (EV) sector is rising in India and after the sops announced in Budget 2019, it can be a game-changer for the industry. The infrastructure development of (EVs) has […] Read more
UNIDO, NISE to Cooperate on Skill Development in Solar Thermal Sector Updated On Thu, Aug 8th, 2019 by Saurenergy An agreement has been signed between NISE and UNIDO to initiate a skill development programme in the solar thermal energy sector. An agreement has been signed between the National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE), and the United Nations Industrial Development Organization (UNIDO) to […] Read more
Vivint Solar Secures $325 mn Credit Facility Updated On Wed, Aug 7th, 2019 by Saurenergy Vivint Solar has closed a $325 million revolving warehouse credit facility, which refinanced the aggregation credit facility that was set to mature in 2020. Vivint Solar, Inc a leading full-service residential solar provider, has announced that it has closed a $325 million revolving warehouse credit facility, which refinanced the aggregation credit facility that was set […] Read more
UP Offers 25% Rebate on Land for Setting up EV Charging Points Updated On Wed, Aug 7th, 2019 by Saurenergy The Uttar Pradesh government has decided to give a rebate of 25 percent on the market rate of land for establishing EV charging units. The Uttar Pradesh government announced its decision to give a rebate of 25 percent on the market rate of land for establishing charging units for electric vehicles (EV). The state cabinet chaired by […] Read more
Exide and Leclanche JV to Begin Li-ion Battery Manufacturing Soon Updated On Tue, Aug 6th, 2019 by Saurenergy Exide Industries is planning to start manufacturing of Li-Ion batteries from its JV plant with Leclanche in Gujarat by end of this calendar year India’s largest storage battery maker Exide Industries is planning to start manufacturing of lithium-ion (Li-Ion) batteries from its joint venture plant in Gujarat by end of this calendar year, according to a […] Read more
Shell to Generate 7500 MWh Solar Power From new Rooftop Plants Updated On Tue, Aug 6th, 2019 by Saurenergy Shell will be installing rooftop solar plants on seven of its plants in India, China, Italy, Singapore and Switzerland, which will generate 7,500 MWh of power annually. Lubricants major Shell has announced that it will be installing rooftop solar plants on the roofs of seven of its plants in India, China, Italy, Singapore and Switzerland, which […] Read more
