The Top 5: Electric Two-Wheeler Manufacturers in India Updated On Tue, Mar 1st, 2022 by Saurenergy The Indian Electric two-Wheeler market stands out for one clear reality. The entry of multiple new startups in the two wheeler space, who hope to use the technology change to grab market share from the legacy two wheeler players. While it is early days yet, it is clear that at least a few of the […] Read more
CERC nod for hydropower contracts in GTAM for HPO Compliance Updated On Mon, Feb 28th, 2022 by Saurenergy In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […] Read more
“This fiscal we aspire to achieve 100 billion units in terms of volume”, says Rohit Bajaj, IEX Updated On Mon, Feb 28th, 2022 by Saurenergy Trading in India’s Green Day Ahead Market, ever since it started in October’21, and before that the Green Term ahead market (started in August 2020) has been on a growth path, hitting a high of 280 million units (MU) in January this year. Energy trading accounts for just 6% of the overall power market, with […] Read more
Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
The World’s Top 5 Automakers and their EV plans Updated On Mon, Feb 28th, 2022 by Saurenergy The global automotive market is pushing for electric mobility at record rates. In a world there are literally hundreds of start-up automotive firms promoting electric mobility solutions, the electric plans of the world’s top 5 automakers deserve special focus. The automobile, since its inception in 1885 by German engineer Carl Benz, has certainly taken the […] Read more
Explained: EV Subsidies, Incentives Offered by Center and States in India Updated On Thu, Feb 24th, 2022 by Saurenergy Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […] Read more
Motive Energy to Soon Offer Solar Solutions, ESS and EV Charging Updated On Wed, Feb 23rd, 2022 by Saurenergy Motive Energy, a US-based forklift battery and charger supplier, has announced the expansion of its offerings to include Solar, Energy Storage Systems (ESS), and Electric Vehicle (EV) charging. Motive Energy is restructuring into two divisions: Power Solutions and Energy Solutions. The firm’s existing material handling offerings will form its Power Solutions division while it is […] Read more
Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
Tripura Tea Factories to ‘Go Green’; Will be Run on Natural Gas, Not Coal Updated On Mon, Feb 21st, 2022 by Saurenergy Tripura Tea Development Corporation (TTDC), in order to cut down cost of manufacturing tea, has made a pioneering attempt of converting its coal-based tea factories into green energy-based facilities. According to senior members of the tea body, two factories belonging to the state-owned corporation are going to function on natural gas from this season set […] Read more