Govt to Add 137 EV Charging Stations to National Highways Updated On Thu, Dec 15th, 2022 by Saurenergy Nitin Gadkari, India’s Union Minister for Road Transport and Highways, said recently that the central government has allocated funds for the construction of 137 additional roadside amenities with EV charging stations on national highways in addition to the seven that already exist. According to Gadkari’s written response to the Rajya Sabha, “The wayside amenities are […] Read more
HOP Electric Starts Deliveries of OXO e-bike from Jaipur Updated On Thu, Dec 15th, 2022 by Saurenergy India’s leading electric two-wheeler manufacturer, HOP Electric has recently started shipping its HOP OXO high-speed e-bikes. With positive feedback from discerning customers and dealer partners, HOP Electric began distributing its much-anticipated electric motorcycle in Jaipur from its initial batch of 2,500 units. In just two months after its premiere, the electric motorcycle attracted more than […] Read more
Columbia Center Report on Renewables Investment To Developing Countries Updated On Wed, Dec 14th, 2022 by Saurenergy Two new reports on the factors that encourage and obstruct investment in renewable energy in developing nations were just released by the Columbia Center on Sustainable Investment (CCSI). In the first report, “Scaling Investment in Renewable Energy Generation to Achieve Sustainable Development Goals 7 (Affordable and Clean Energy) and 13 (Climate Action) and the Paris […] Read more
EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World Updated On Wed, Dec 14th, 2022 by Saurenergy Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […] Read more
Verbund AG enters Italy with 250 MWp Solar PV Project Updated On Wed, Dec 14th, 2022 by Saurenergy Verbund AG has announced that its Executive Board has approved the company’s market entry into the Italian market. Verbund AG has signed a cooperation agreement with the PV-Invest Group for the acquisition of a project development company including development of a solar photovoltaic (PV) project portfolio of up to 250 MWp. Verbund said that the […] Read more
Global Solar Installs On Course For 222 GW in 2022, Rethink Energy Updated On Wed, Dec 14th, 2022 by Saurenergy Research firm Rethink energy reckons global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the drag of high polysilicon pricing, and now prices will be […] Read more
EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding Updated On Wed, Dec 14th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […] Read more
Textile Major H&M Signs PPA With Neoen & Alight For 90 MWp Solar Park In Sweden Updated On Wed, Dec 14th, 2022 by Saurenergy French Renewable energy player Neoen and solar power specialist Alight have announced the signing of a PPA for 90 MWp of green energy in Sweden with the Swedish fashion retailer H&M Group. Under the long-term PPA, the solar park, located in Hultsfred, Sweden, will provide H&M Group with local renewable energy and guarantees of origin, […] Read more
Mahindra & Mahindra Invests Rs 10000 Cr To Expand EV Production Updated On Wed, Dec 14th, 2022 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra Ltd (M&M) recently announced that it will invest Rs 10,000 crore to build an electric vehicle manufacturing facility in Pune, Maharashtra. The industrial development scheme for electric vehicles of the Maharashtra government has approved the company’s investment, according to the company. For the establishment of the manufacturing facility, development, […] Read more