India’s Consumption Trends in January Sign of Economic Growth: RK Singh Updated On Mon, Feb 8th, 2021 by Saurenergy Asserting that the Union Budget 2021-22 will pave the way for comprehensive growth in the economy, Union Power Minister RK Singh has said that country’s energy consumption reached an all-time high of 1.89 million gigawatts in January and this is an indication that India’s economy is on a path of growth. “In October 2020, the country’s energy consumption increased by […] Read more
EESL to Implement Clean Energy and Energy Efficiency Projects for Coal India Updated On Fri, Feb 5th, 2021 by Saurenergy EESL has signed an MoU with Coal India Limited (CIL) to execute energy efficiency and clean energy projects for CIL and subsidiaries. Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings (PSUs) under the Ministry of Power, has announced that it has signed a Memorandum of Understanding (MoU) with Coal India Limited […] Read more
Economic Survey-India Needs $206 Bn for 2030 SDGs Agenda Updated On Wed, Feb 3rd, 2021 by Saurenergy The Ministry of Finance of GOI, in its Economic Survey 2020-21 released on January 29, 2021has also devoted a chapter to “Sustainable Development and Climate Change”. agenda India and the SDGs: The agenda 2030 for sustainable development with 17 Sustainable Development Goals (SDGs) and 169 associated targets comprises a complete developmental agenda integrating social, economic, and […] Read more
The Transition to EVs in India Will Require Rs 19.7 Lakh Crore Investment: Report Updated On Tue, Feb 2nd, 2021 by Saurenergy The transition to EVs in India will require a cumulative investment of Rs 19.7 lakh crore in EVs, charging infrastructure, & batteries by 2030 A new report by NITI Aayog and Rocky Mountain Institute (RMI) has found that the transition to electric vehicles (EVs) in India will require a cumulative capital investment of USD 266 billion (Rs 19.7 lakh crore) in EVs, […] Read more
‘Mobilising Finance for EVs in India’ Report by Niti Aayog Updated On Tue, Feb 2nd, 2021 by Saurenergy India has signalled that the future of mobility is electric. The economics of vehicle electrification are improving, with battery pack prices decreasing from about Rs 75,000/kWh in 2010 to Rs 13,000/kWh in 2019. Despite a dip in EV sales in 2020, due to the economic effects of COVID-19, confidence in India’s EV future will continue […] Read more
Tesla Won’t Solve the Issue of Low EVs Influx in India: IDTechEx Report Updated On Mon, Feb 1st, 2021 by Saurenergy Tesla has announced its plans to enter the Indian automobile market at the very beginning of 2021. So how will Tesla reach its goals in India, and how India will boost its EV adoption with this foreign entry? Well, the answer is not quite that straight and easy. However, a report from IDTechEx: “Electric Vehicles in […] Read more
Solis Makes A Point, With 1 GW Milestone In India Updated On Fri, Jan 29th, 2021 by Saurenergy Jan 29th– Ginlong (Solis) Technologies, the Ningbo, China headquartered inverter firm released its 2020 estimated annual financial report on January 22: the annual sales is expected to up to 3,40 million USD dollars, the highest growth than the same period last year of 93%. Ginlong (Solis) Technologies entered India in 2015, and has underlined its strong […] Read more
Lightsource bp Signs Power Contract With Verizon for 152.5 Megawatt Solar Farm in Indiana Updated On Fri, Jan 29th, 2021 by Saurenergy Lightsource bp today announced that it has entered into a virtual power purchase agreement (VPPA) with Verizon Communications Inc. that will enable construction of a new 152.5 megawatt ac solar farm in Indiana, furthering Verizon’s goal of being carbon neutral in its operations (scope 1 and 2) by 2035. The Bellflower solar farm, located about […] Read more
Corporate Renewable PPAs in India may Increase in 2021: Report Updated On Fri, Jan 29th, 2021 by Saurenergy A report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. A new report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. The report by the World Business Council for Sustainable Development (WBCSD), shows […] Read more
