Electric Vehicle Sales Set to Jump 80% in 2021: Report at COP26 Updated On Thu, Nov 11th, 2021 by Saurenergy Passenger electric vehicle sales are set to jump over 80 per cent in 2021 to 5.6 million units, off the back of unprecedented industry and government commitments around the world over the last two years, according to the Zero-Emission Vehicles Factbook, a special report published on Wednesday by BloombergNEF (BNEF), at the request of the […] Read more
French Court Verdict On Health Damage From Wind Turbines Updated On Thu, Nov 11th, 2021 by Saurenergy A French court has awarded damages to a Belgian couple claiming a wind turbine near their house negatively impacted their health. Christel and Luc Fockaert were awarded €110,000 after complaining of health problems that they claim were caused by a windfarm. The decision is likely to cause disquite among operators across Europe, as both North […] Read more
Chile to Double its Energy Storage Capacity Together with AES Updated On Wed, Nov 10th, 2021 by Saurenergy In line with the objective of achieving carbon neutrality, Chile and AES have joined forces to accelerate the country’s energy transition by increasing their battery-based energy storage capacity, Santiago-based AES Andes announced recently. Within the framework of the company’s participation in the 2021 United Nations Climate Change Conference – known as COP26 – which takes […] Read more
Auto Major M&M to Launch 16 EV Models by 2027 Updated On Wed, Nov 10th, 2021 by Saurenergy Home-grown automaker Mahindra and Mahindra (M&M) is very bullish on the Indian automobile market and has set a cumulative revenue growth target of 15-20% by the year 2025. The company also said that it plans to launch 16 electric vehicles (EVs) by 2027 across SUV and light commercial vehicle (LCV) categories to strengthen its leadership […] Read more
Solis India Launches Key Products At India Renewable Leadership Summit 2021 Updated On Fri, Nov 5th, 2021 by Saurenergy At the Renewable Leadership Summit 2021, organised by the Solar Association and Solis, attendees made the most of an opportunity to listen to and learn from top solar experts and Senior government representatives. The event also served as the launchpad for Solis India to introduce to two of its most awaited offerings, the updated Solis […] Read more
MNRE Acknowledges Supply Disruptions In PV Imports With Order On Dispute Resolution Updated On Fri, Nov 5th, 2021 by Saurenergy It is no secret that import schedules of PV modules and even cells have been hit in recent months due to the series of disruptions in the exporting markets, especially China, and linked to that, even some of the main South East Asian exporters. With developers finally running into the delays that have been predicted, […] Read more
Kotak Mahindra Arm to invest ₹1000cr in Sify’s Data Center biz, RE Assets Updated On Tue, Nov 2nd, 2021 by Saurenergy A distressed assets focused fund promoted by a Kotak Mahindra Bank arm on Monday announced a Rs 1,000-crore investment in the data centre business of Sify Technologies. The investment in Sify Infinit Spaces will help the company invest up to Rs 4,000 crore in building data centres in Mumbai, Noida, Chennai, Bangalore and Hyderabad and […] Read more
Global Alliance Launches at COP26 to Boost RE in Developing Economies Updated On Tue, Nov 2nd, 2021 by Saurenergy The new Global Energy Alliance for People and Planet (GEAPP) will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in developing and emerging economies worldwide. Over the next decade, the Alliance aims to unlock USD100 billion in public and private capital and tackle three problems: (1) POWER […] Read more
Proposed Amendment by Power Ministry To Power Corporate and Industrial RE Development Updated On Mon, Nov 1st, 2021 by Saurenergy With 4 stakeholder consultations already held, the proposal by the power ministry to amend the Energy Conservation Act, 2001 is moving ahead. The amendments will have the twin objectives of enhancing demand for renewable energy at the end- use sectors such as Industry, buildings, transport etc, and also support the climate goals commitments of the […] Read more