Subsidies & Fines Not The Only Prescription for Transport in India Updated On Mon, Jan 6th, 2020 by Saurenergy The United states environment Protection agency (EPA), in its greenhouse gas emissions report for 2017, had blamed Transportation for 28.9 percent of total US emissions, with electricity at 27.5 percent coming a close second. As an activity that services virtually every sector of the economy, getting a fix on this has been the obvious, and […] Read more
Discoms Dues to Power Generators Rises to Rs 81k Cr in November Updated On Mon, Jan 6th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019. Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector. Discoms owed a total of Rs 54,834 […] Read more
Sunnova Closes $150 mn in Financing to Fund Growth Updated On Thu, Jan 2nd, 2020 by Saurenergy Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […] Read more
TERI Develops Blockchain-Enabled Prototype for Solar Power Trading Updated On Thu, Jan 2nd, 2020 by Saurenergy TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […] Read more
Blink Charging and Chakratec to Receive Grant from BIRD Energy Program Updated On Tue, Dec 31st, 2019 by Saurenergy Blink Charging has announced the approval of BIRD Energy Program’s match-funding for the Blink and Chakratec project for DC fast-charging solutions Blink Charging has announced the approval of the Israel-US Binational Industrial Research and Development (BIRD) Energy Program’s match-funding for the Blink and Chakratec project for affordable, everyday DC fast-charging solutions, “Boosting EV Charging through […] Read more
Alternet Systems $100 mn E-Mobility Investment Campaign Gains Momentum Updated On Thu, Dec 26th, 2019 by Saurenergy Alternet Systems has a new interest in its USD 100 million investment campaign to fund regionally specific electric mobility technology R&D and production Alternet Systems, Inc. (ALYI) has announced a new interest in the company’s recently announced USD 100 million investment campaign to fund regionally specific electric mobility technology research and development and production. The […] Read more
LS Power to Acquire EV Charging Solutions Firm EVGo Updated On Tue, Dec 24th, 2019 by Saurenergy LS Power has announced that it has signed a definitive agreement to acquire EVgo, the largest public fast-charging network for EVs in the US LS Power, a US power and energy infrastructure owner, has announced that it has signed a definitive agreement to acquire EVgo from Vision Ridge Partners. EVgo is the largest and most […] Read more
Tata Power to Acquire 51% Stake in Odisha’s Discom; Doubles Consumer Base Updated On Mon, Dec 23rd, 2019 by Saurenergy Marking its successful entry into the state of Odisha, utility giant Tata Power Company Ltd has won the bid to acquire a major shareholding of 51 percent in the Central Electricity Supply Utility (CESU) of Odisha. Mumbai-headquartered Tata Power said in a statement that “the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of […] Read more
Infrastructure Sector Makes the Case for Captive RE Policy and More Updated On Sat, Dec 21st, 2019 by Saurenergy The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy charges to make renewable energy more viable The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory […] Read more
