Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030 Updated On Mon, Aug 14th, 2023 by Saurenergy The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […] Read more
India Added 2 GW Of Wind Energy In First 7 Months Of 2023 Updated On Mon, Aug 14th, 2023 by Saurenergy An analysis of India’s monthly installed capacity data for the last two years, released by the Central Electricity Authority (CEA), revealed that wind energy continues to see upward growth. Its growth is quite evident in the first seven months of 2023 compared to its performance during the same period in 2022. On the other hand, […] Read more
Contract Electronics Manufacturing Giant Foxconn Mulls Over EV Hub in India Updated On Mon, Aug 14th, 2023 by Saurenergy Taiwanese firm Foxconn Technology Group is looking to capture the Indian market. The firm has set sights on capturing 5 per cent of the worldwide sales by 2025 and aspires to deliver between 500,000 and 700,000 EVs by the said year. The firm is intent on opportunities to make the country its third global hug […] Read more
SECI Projects Account For 18% of India’s Solar Capacity: Govt Updated On Fri, Aug 11th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that 18.3 percent of India’s total solar energy capacity was contributed by the Solar Energy Corporation of India (SECI). The information was given by the Union New and Renewable Energy Minister RK Singh in his written reply before the Lok Sabha. The minister said that in […] Read more
Off-Grid RE Power Electrified 2,762 Indian Villages: Govt Updated On Thu, Aug 10th, 2023 by Saurenergy In its latest statement before the Lok Sabha, the Ministry of New and Renewable Energy (MNRE) said that 2,762 villages in India were electrified with off-grid renewable energy solutions. The announcement comes less than a fortnight after a report in The Washington Post flagged the ‘failure’ of India’s mini-grids or off grid energy set up, […] Read more
Hyundai Plans To Launch Five EV Models In India By 2032 Updated On Wed, Aug 9th, 2023 by Saurenergy South Korean car manufacturer Hyundai Motor Group has planned to launch five electric car models in India by the end of 2032. It also planned to increase its charging infrastructure in the country to boost electric mobility in the country, the company said in a statement. The company revealed the information during the visit of […] Read more
Rockefeller Foundation Refutes Washington Post Story On India’s ‘Dysfunctional’ Mini-Grids Updated On Tue, Aug 8th, 2023 by Saurenergy Read more
Lower Auction Volumes, Supply Chain Challenges May Slowdown 20% of India’s PV Capacity Additions in ’23: IEA Updated On Tue, Aug 8th, 2023 by Saurenergy The IEA (International Energy Agency), in its latest study, “Renewable Energy Market Update 2023 & 2024” has offered significant insights on worldwide markets in the renewable segment. The revelations of the report are as follows- Global Renewable Capacity Additions As per the report, the global renewable capacity additions are set to soar by 107 gigawatts […] Read more
Rockefeller Foundation Refutes Washington Post Story On India’s ‘Dysfunctional’ Mini-Grids Updated On Tue, Aug 8th, 2023 by Saurenergy Last week, July 31st to be exact, a story in the Washington Post on India’s rural solar mini-grids grabbed a lot of attention. Authored by Karishma Mehrotra, the paper’s South Asia correspondent, the story headlined “India joins rush to renewables, but its rural solar systems fall off grid” was a clear indictment of India’s solar […] Read more