IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
Okinawa Shifts To ‘Lithium Only’ For Its Two Wheelers Updated On Fri, Dec 11th, 2020 by Saurenergy NCR based electric two-wheeler maker Okinawa Autotech private Limited (Okinawa) announced today (Thursday) that it is stopping the sale of lead-acid battery-based scooters. The company will focus only on lithium-ion battery-based variants from now on, said the firm in a statement. Incidentally, under the FAME2 guidelines for two-wheeler subsidies, electric vehicles based on lead-acid batteries […] Read more
Engie North America Partners With Climate Investor For Distributed Generation Portfolio Updated On Tue, Dec 8th, 2020 by Saurenergy ENGIE North America and Hannon Armstrong, a leading investor in climate change solutions, announced a new partnership to jointly invest in a Distributed Generation (DG) portfolio of solar and solar-plus-storage assets located across the United States. The portfolio is comprised of a diversified set of community solar and commercial & industrial (C&I) ground-mounted, carport and rooftop […] Read more
Discoms’ Dues to Power Gencos Rises 29% YoY to Rs 1.38 Lakh Crore in October Updated On Mon, Dec 7th, 2020 by Saurenergy Discoms total dues owed to Gencos rose by over 29 percent year-on-year (YoY) to reach Rs 1.38 lakh crore in October 2020. Power Distribution Companies (Discoms) total dues owed to power producer i.e. generation companies (Gencos) rose by over 29 percent year-on-year (YoY) to reach Rs 1,38,187 crore (Rs 1.38 lakh crore) in October 2020. […] Read more
Hanwha Q CELLS Intends to File PGR to Challenge Validity of Patent in REC Group Lawsuit Updated On Sat, Dec 5th, 2020 by Saurenergy Hanwha Q CELLS USA has replied to a lawsuit in the US District Court for the District of Delaware filed by REC Group (REC), a subsidiary of China National Chemical Corp. Hanwha Q CELLS has claimed that REC’s alleged complaints and the patent are without technical and legal merit. They stated that the technology mentioned […] Read more
Tata Nexon EV Crosses 2000 Sales Milestone Updated On Thu, Dec 3rd, 2020 by Saurenergy Tata Motors has announced that its flagship electric vehicle, the Nexon EV, has surpassed the 2000 sales milestone. Tata Motors has announced that its flagship electric vehicle, the Nexon EV, has surpassed the 2000 sales milestone. The firm states that in over 10 months, since launch, the sales of the Nexon EV reached 2200 units […] Read more
REC Files Lawsuit Against Hanwha Q Cells In The US Updated On Tue, Dec 1st, 2020 by Saurenergy REC Group, the Norway headquartered Solar manufacturer with its manufacturing in Singapore, has filed a patent Infringement Lawsuit against Hanwha Q Cells in an American District Court on 30th November 2020. Hanwha Q Cells itself, headquartered in South Korea, is no stranger to patent related lawsuits, having filed one in March 2019 relating to its […] Read more
Power Sector Employees Protest Against Privatisation of Discoms: AIPEF Updated On Fri, Nov 27th, 2020 by Saurenergy Power sector employees have held nationwide protests against the government’s decision to privatise Discoms, AIPEF has said. Power sector employees on November 26, 2020, held nationwide protests against the government’s decision to privatise Discoms, the All India Power Engineers Federation (AIPEF) has said. They also demanded the withdrawal of Electricity (Amendment) Bill 2020 and scrapping of the standard bidding document (SBD). […] Read more
TEXEL Signs an Agreement with ASU to Move new Battery Tech Towards Commercialisation Updated On Wed, Nov 25th, 2020 by Saurenergy The battery technology development company, TEXEL Energy Storage (TEXEL), and Arizona State University (ASU) have signed a cooperation agreement with the purpose to bring a new battery technology towards commercialization in the United States. The new battery technology that is originally developed by Savannah River National laboratory (SRNL), is potentially much more cost effective than Lithium-Ion batteries in […] Read more