Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL Updated On Mon, May 27th, 2019 by Saurenergy The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […] Read more
Duke Energy Gets Approval For Solar Plus Storage Microgrid Project Updated On Wed, May 22nd, 2019 by Saurenergy The project is part of Duke Energy’s plan to meet power demand by balancing public input, environmental impacts and the need to provide customers with safe, reliable and affordable energy. Duke Energy, an electric power holding company based in Charlotte, North Carolina has announced that it has received approval from the North Carolina Utilities Commission […] Read more
Residential Storage Market Project to Reach $17.5 Bn by 2024 Updated On Thu, May 9th, 2019 by Saurenergy A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining […] Read more
Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants Updated On Wed, May 8th, 2019 by Saurenergy The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will […] Read more
Govt. Launches Phased Manufacturing Programme to Aid the Domestic EV Market Updated On Tue, May 7th, 2019 by Saurenergy The Government of India has launched the Phased Manufacturing Programme (PMP) to promote indigenous manufacturing of electric vehicles, its assemblies/sub-assemblies and parts/subparts/inputs of the sub-assemblies thereof. The Government approved the National Mission on Electric Mobility in 2011 and subsequently the National Electric Mobility Mission Plan 2020 was unveiled in 2013 by the then Prime Minister. […] Read more
European Alliance Eyes €6 Bn Investment in EV Batteries Updated On Fri, May 3rd, 2019 by Saurenergy Political leaders across the European Union have long called for a coordinated effort for home-made batteries that would free carmakers from having to rely on Chinese batteries as the industry shifts away from combustion engines. European governments and companies will form an alliance for developing next-generation batteries for electric vehicles, investing between five and six billion euros in […] Read more
BHEL, ARAI Sign MoU for E-Mobility Projects in India Updated On Wed, May 1st, 2019 by Saurenergy BHEL and ARAI will combine their respective strengths in the technology development of E-Mobility solutions Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI), an autonomous body affiliated to the Ministry of Heavy Industries and Public Enterprises have signed an MoU for cooperation on various projects related to e-mobility. In the presence of […] Read more
Ather Energy Announces Entry Into Chennai in June Updated On Wed, Apr 24th, 2019 by Saurenergy Today Ather Energy announced its plan to enter the Indian Auto Hub- Chennai, in June. Chennai became the second city where Ather is expanding after its successful commercial launch in Bengaluru in 2018. Entering the phase of rapid expansion Ather has announced its entry in the auto hub of the country Chennai. The EV firm […] Read more
We Care Solar and Arrow Electronics Win 2019 Edison Award For Solar Suitcase Updated On Wed, Apr 17th, 2019 by Saurenergy The Edison Awards, named after Thomas Alva Edison, recognises and honours the world’s best innovators and innovations. Arrow Electronics and nonprofit We Care Solar have won a 2019 Edison Award for We Care Solar Suitcase 3.0, a portable and durable power system that provides sustainable energy for around-the-clock, effective obstetric care in remote and off-grid maternal health facilities around […] Read more
