China Cuts Electric Vehicle Subsidies To Push Innovation Updated On Thu, Mar 28th, 2019 by Saurenergy After a huge spike in sales of electric vehicles, China has announced plans to reduce subsidies for electric vehicles sold in the country. China said it’s scaling back subsidies on electric vehicles to encourage local manufacturers to rely on innovation rather than government assistance as the industry matures and costs fall. However, the cuts were […] Read more
NOAA Fisheries & BOEM Sign MOU on Offshore Wind Energy Updated On Thu, Mar 28th, 2019 by Saurenergy The 10-year MOU outlines several areas of mutual interest including responsible planning and siting of turbine arrays, development of sites of offshore wind power and to work with local and regional fishing interests. The National Oceanic and Atmospheric Administration (NOAA) Fisheries, Bureau of Ocean Energy Management (BOEM), and the Responsible Offshore Development Alliance (RODA) signed a 10-year Memorandum of […] Read more
South Korea Unlikely to Meet 2030 Renewables Target : WoodMac Updated On Wed, Mar 27th, 2019 by Saurenergy South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […] Read more
Suzlon Energy Completes Agreement to Sell 2 Subsidiaries to CLP Wind Farms Updated On Tue, Mar 26th, 2019 by Saurenergy Suzlon Energy has announced that it has completed the sale of two its subsidiaries (i) SE Solar and (ii) Gale Solar farms to CLP Wind Farms for a total consideration of Rs 99.09 crore. “In terms of Share Subscription / Share Purchase and Shareholders’ Agreement executed by the company (Suzlon) and CLP Wind Farms (India) Private Ltd (CLP) with SE […] Read more
The Sunshine Sector’s Gender Challenge Updated On Mon, Mar 25th, 2019 by Saurenergy Why the solar sector needs to have more women As yet another International Women’s Day (IWD) came around on 8th March this year, the theme this year was ‘Balance for Better’- A balanced world is a better world. That got us thinking about the solar sector in India. The many industry conferences with their rare […] Read more
Viz-A-Viz with Venkatesh Dwivedi, Director (Projects), Energy Efficiency Services Limited Updated On Mon, Mar 25th, 2019 by Saurenergy EESL Working Towards Removing Various Hurdles to Facilitate E-Mobility Growth EESL has been working towards removing various hurdles to facilitate the growth of electric mobility in the country. With our approach of demand aggregation and bulk procurement, we have been able to contribute to addressing significant challenges like low demand, the high upfront cost of […] Read more
Viz-A-Viz with Santhosh S Nair, Director, Energy Segment-Asia, Nokia Updated On Fri, Mar 22nd, 2019 by Saurenergy Santhosh S Nair, Director, Energy Segment-Asia, Nokia spoke about the massive potential in the energy segment in India for Nokia. The Indian market is a critical market for Nokia, where, thanks to its huge telecom network investments, it already has close to 16000 employees. He was speaking to Group Editor, Prasanna Singh. Tell us about the work Nokia […] Read more
Hyundai and Kia to Invest $300 Mn in Ola with Key Focus on Electric Mobility Solutions Updated On Fri, Mar 22nd, 2019 by Saurenergy The companies will collaborate on building a unique fleet and to develop EVs and charging infrastructure customised for the Indian market. Hyundai Motor Group and Ola have announced a strategic partnership under which Hyundai Motors and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become […] Read more
723 GW of New Wind Capacity Expected in the Next Decade : WoodMac Updated On Fri, Mar 22nd, 2019 by Saurenergy Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […] Read more
