Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
EVTRIC Motors Promises 110 km On A Single Charge For Its E-Bike Updated On Thu, Jun 23rd, 2022 by Saurenergy EVTRIC Motors, an electric vehicle manufacturer based out of Pune, has announced the release of its first motorcycle – EVTRIC Rise – in the country which is priced at Rs 1.60 lakh. EVTRIC Motors has opened bookings for the newly launched electric motorcycle which requires a deposit of Rs 5,000. The EVTRIC Rise was launched […] Read more
State Of Offshore Wind Power in India Updated On Wed, Jun 22nd, 2022 by Saurenergy The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […] Read more
EV Rental Firm Bounce And Howdyy Plan To Deploy 10,000 e-Scooters Updated On Wed, Jun 22nd, 2022 by Saurenergy Howdyy and EV rental firm Bounce Share have rolled out their plans to deploy over 10,000 e-scooters in the next two years. A joint statement released by both the companies on June 21 reads that the deployment of vehicles will spread across the metropolis like Bengaluru, Mumbai, Pune, Chennai, and Hyderabad, leaving the national capital […] Read more
India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA Updated On Wed, Jun 22nd, 2022 by Saurenergy A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […] Read more
Under Pressure Honda Signs JV With Sony To Sell EVs By 2025 Updated On Mon, Jun 20th, 2022 by Saurenergy Japanese Consumer durable, Sony has signed an agreement with automobile major Honda Motor on June 16 to equally own a joint venture that will start selling electric cars in 2025. Both the companies will invest 5 billion yen ($37.52 million) each in the JV, first announced in March this year and named Sony Honda Mobility. […] Read more
JinkoSolar’s Malaysia Plant 100% Renewable Powered Now Updated On Mon, Jun 20th, 2022 by Saurenergy In a welcome development, global module major Jinko Solar has ensured that it’s overseas plant at Malaysia is powered completely by renewable energy. That makes it the first overseas plant to be 100% renewable powered. Jinko Solar was the first company to establish a “vertically integrated” production capacity from silicon material processing to wafer, cell […] Read more
EVs Buying Costs To Be At Par With Petrol Vehicles In A Year, Says Nitin Gadkari Updated On Mon, Jun 20th, 2022 by Saurenergy The Union Minister for Road Transport and Highways, Nitin Gadkari has expressed the hope in an event that the prices of all electric vehicles (EVs) are going to be equal to the cost of petrol vehicles in India in the coming one year. The premise behind the comment from the Union Minister is that, as […] Read more
Ireland Awards 414 MW Of Wind, 1534 MW Of Solar Projects At $101.80/MWh Updated On Fri, Jun 17th, 2022 by Saurenergy EirGrid, state-owned power grid of Ireland, has recently released the list of final bidders winning the auction of twin deployments – 414 MW onshore wind and 1534 MW solar – under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction put to rest the price bands as the average price of the […] Read more
