IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
Hero Electric, M&M Partner for EV Production, Platform Development Updated On Wed, Jan 19th, 2022 by Saurenergy Hero Electric on Wednesday said it has partnered with the Mahindra Group for electric vehicle mobility. As part of the collaboration, Mahindra Group will manufacture Hero Electric’s Optima and NYX electric models at its Pithampur plant. With this partnership along with the expansion of their existing Ludhiana facility, Hero Electric will be able to meet […] Read more
Around 20 Indian States Commit to Power Sector Reforms Updated On Wed, Jan 19th, 2022 by Saurenergy Almost 20 states expressed interest in benefitting from power sector reforms in 2020 on account of incentives by way of increased market borrowing space, Ministry of Power (MoP) recently said in an official statement. The Ministry of Finance launched a programme in June 2021 to allow additional borrowing space to state governments on the condition that […] Read more
Delayed Captive Status of Solar Plant No Cause to Deny REC, finds CERC Updated On Wed, Jan 19th, 2022 by Saurenergy In a case involving refusal to issue of Renewable Energy Certificate (REC) due to late recognition of a solar plant’s captive status, the Central Electricity Regulatory Commission (CERC) ruled in favour of petitioner Suryakant Gupta, the owner of Rajaram Maize Products, who installed a 4.8 MW solar power plant on his own land in Chhattisgarh for captive […] Read more
Fortum Teams Up with Russia’s Bank GPG for Wind JV Updated On Tue, Jan 18th, 2022 by Saurenergy Finnish state-owned energy company Fortum has announced that it is initiating cooperation in wind power generation in Russia with Bank GPB. For this purpose, 1.3 GW portfolio of wind projects is being transferred from the Fortum-Rusnano Wind Investment fund (50/50 joint venture) to a joint venture recently established with Bank GPB, the company said in […] Read more
Europe’s Metal Industry Asks EU to Help it Deliver Energy Transition Updated On Tue, Jan 18th, 2022 by Saurenergy Industry association Eurometaux has asked EU policy-makers to allow member states to support domestic producers of aluminium, zinc and silicon with state aid to ensure supplies of the metals crucial for the transition to low carbon energy. The European Union has a goal to reduce net greenhouse gas emissions by 55% from 1990 levels by […] Read more
Junior Executive (Aviation) Updated On Tue, Jan 18th, 2022 by Saurenergy Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the […] Read more
Director(Technical) Updated On Tue, Jan 18th, 2022 by Saurenergy I. COMPANY PROFILE:- Fertilizers and Chemicals Travancore Limited (FACT), was incorporated in 1943 and commenced production in 1947. It is a multidivision/ multifunction organisation with interest in manufacture and marketing of Fertilizers and petrochemicals, Engineering consultancy and Design and in Fabrication and Erection of Industrial Equipment. It is a Schedule ‘A’ CPSE with the administrative […] Read more
Privatisation Bound CEL issues Tender for 1 Million Solar Cells Updated On Tue, Jan 18th, 2022 by Saurenergy Central Electronics Limited (CEL), the public sector enterprise in the eye of a privatisation tussle, has invited bids for the supply of one million multicrystalline solar cells of 4.68 W output or higher. CEL’s privatisation process has been put on hold due to objections raised regarding its valuation as well as the buyer credentials. In […] Read more
