JSW MG Motor India Partner Ecofy For EV Financing Updated On Thu, Jun 20th, 2024 by Saurenergy JSW MG Motor India have announced that it partnered with Eversource Capital-backed NBFC Ecofy to provide financing and leasing solutions for its electric vehicles. According to a release, the two businesses have inked a Memorandum of Understanding (MoU) under which Ecofy will offer leasing and financing options for up to 10,000 JSW MG EVs over […] Read more
Associate Tech Lead – Electrical Engineering Updated On Thu, Jun 20th, 2024 by Saurenergy Associate Tech Lead will work as part of the Electrical Engineering team and have responsibility for the design and development of Electrical Subsystems for various product lines (New Product Developments (NPD), Quality improvement and Productivity projects). The role will have strong focus on new technologies, processes and applying these technologies to various product lines. Responsibilities:- Design […] Read more
Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
Despite Record Investments, World Off Track For 2030 RE Target: EY Updated On Wed, Jun 19th, 2024 by Saurenergy Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […] Read more
NTPC Issues Tender For 600kw/3000kwhr Vanadium BESS Updated On Wed, Jun 19th, 2024 by Saurenergy NTPC Limited has now issued a tender seeking parties for 600Kw/3000Kwhr Vandium Redox Flow Battery (VRFB) Storage System. The Central Public Sector Enterprise (CPSE) issued the tender for its NTPC Energy Technology Research Alliance (NETRA) center. The tender mandates the bidders to supply, commission and integrate the BESS for the NTPC’s NETRA power needs. The […] Read more
Honeywell Forays Into AI Battery Manufacturing Platform Updated On Tue, Jun 18th, 2024 by Saurenergy Honeywell has announced the launch of its Battery Manufacturing Excellence Platform (Battery MXP), an artificial intelligence (AI)-powered software solution designed to optimise the operation of gigafactories from day one by improving battery cell yields and expediting facility startups for manufacturers. With traditional standalone solutions, battery manufacturers’ material scrap rates can be as high as 30% […] Read more
NTPC May Take Up Its Renewable Portfolio To 30 GW Soon Updated On Fri, Jun 14th, 2024 by Saurenergy India’s power behemoth, NTPC Limited is now all set to achieve 30 GW of renewable capacity in the next few years. As per the top management of the company the company currently has a total renewable portfolio of 3.6 GW. However the current pace of works goes on, the Indian Central Public Sector Enterprise (CPSE) […] Read more
Despite National Portal Glitches, India Adds 450 MW RTS Capacity In May Updated On Thu, Jun 13th, 2024 by Saurenergy Notwithstanding the technical glitches in the PM Surya Ghar portal, India added a 450 MW of new rooftop solar capacities in the month of May, 2024. This data was revealed from the latest renewable capacity data of the Ministry of New and Renewable Energy (MNRE). As per the latest data from the MNRE, India’s total […] Read more