Solar Powered Drone Unveiled at Aero India 2023 Updated On Fri, Feb 17th, 2023 by Saurenergy Garuda Aerospace, an Indian startup that makes drones, unveiled its solar-powered drone- “SURAJ”, at Aero India 2023, that was held in Bengaluru. Satheesh Reddy, former DRDO Chairman and current Principal Scientific Adviser to the Defence Minister, unveiled the drone. As per the startup, the solar drone is designed for surveillance operations, offering “real-time information to […] Read more
India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
Ather Energy Installs Over 1000 Fast Charging Stations Across India Updated On Thu, Feb 16th, 2023 by Saurenergy Bengaluru-based electric scooter manufacturer Ather Energy has announced that it has installed more than 1000 fast charging stations – ‘Ather Grids’ – across 80 cities in India. Ather has been on an expansion spree to ensure easy access to its electric scooters and plans to install over 2500 fast charging stations by the end of […] Read more
India’s Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year Updated On Thu, Feb 16th, 2023 by Saurenergy Central Electricity Authority has revealed in its installed electricity capacity report that the renewable energy capacity of the country has crossed 168 GW but the speed of the RE expansion doesn’t give out a comfortable picture considering India’s 2030 targets. The RE installed capacity of India as on January 31, 2023 stands at 168,399 MW. […] Read more
India Gets Its First Set Of E-Double Decker Buses in Mumbai Updated On Thu, Feb 16th, 2023 by Saurenergy Mumbai’s Brihanmumbai Electric Supply and Transport (BEST) received its first set of E-double decker buses -Switch EiV 22- manufactured by Switch Mobility. Switch Mobility is a subsidiary of Hinduja Group flagship Ashok Leyland and is a manufacturer of next-generation electric bus and light commercial vehicle manufacturer. The electric double deckers are lightweight buses made of […] Read more
Dehradun is Home to North India’s First Solar-Powered Hydroponic Plant Updated On Tue, Feb 14th, 2023 by Saurenergy North India’s first solar-powered hydroponic plant has been inaugurated in Dehradun. With capacity at 71kw, the solar power plant sprawls to 6,000 square feet of area. It consists of 36 panels. Under these panels, 6000 vegetable pots can be positioned three feet above soil. This makes the plant extremely productive in nature. With the establishment […] Read more
India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
Renewable Energy M&A Deals at $30.7bn in Q3 2022; India Leads with 72% Onshore Wind Deals Updated On Mon, Feb 13th, 2023 by Saurenergy Renewable energy-related mergers and acquisition (M&A) deal value in Asia Pacific saw an increase by 11% year-on-year in 2022, thereby rising to $19 billion. Increase in onshore wind is a major contributor to this factor. As per Enerdatics, a research company, India and Australia were at the forefront of the M&A activity. This is primarily […] Read more
European Investment Bank Greenlights India’s Large Scale Hydrogen Projects with 1Bn Euro Updated On Thu, Feb 9th, 2023 by Saurenergy In a major announcement that will give India’s Hydrogen projects a push, the European Investment Bank (EIB) has given its nod on joining the India Hydrogen Alliance (IH2A) and provide impetus to green hydrogen hubs on large scale for projects located in India. Following Indian government and EIB approvals, the funding is pegged at close […] Read more
