Delhi Announces Interest Subvention Scheme of 5% in EV Purchases Updated On Mon, Mar 22nd, 2021 by Saurenergy Delhi Transport minister Kailash Gahlot has announced that the government is soon going to introduce an interest subvention scheme worth 5 percent for electric vehicle (EV) purchases in the state. This initiative has been taken to promote the Delhi government’s EV policy offering financial incentives on all categories of e-vehicles – two-wheelers, three-wheelers, four-wheelers, goods […] Read more
India Needs to Generate 83% Electricity From RE to Achieve Net-Zero Emissions by 2050: CEEW Updated On Mon, Mar 22nd, 2021 by Saurenergy India would need to generate at least 83% of its electricity from renewable sources by 2050, if it is to achieve net-zero emissions, according to a new study by CEEW India would need to generate at least 83 percent of its electricity from (non-hydropower) renewable energy sources by 2050, if it were to commit to […] Read more
MYTILINEOS is Extending its Global Partnership with Huawei Updated On Mon, Mar 22nd, 2021 by Saurenergy Following the successful cooperation with the Renewables and Storage Development (RSD) Business Unit of MYTILINEOS (METKA EGN) in Greece, Huawei extends its business partnership with MYTILINEOS globally, signing a memorandum of cooperation regarding the supply of innovative and reliable Huawei string inverters, for PV plants including but not limited to the UK, Uzbekistan, Spain and […] Read more
CCI Approves Majority Acquisition of NESCO by Tata Power Updated On Mon, Mar 22nd, 2021 by Saurenergy The Competition Commission of India (CCI) has approved the acquisition of 51% of the equity share capital of NESCO Utility by Tata Power The Competition Commission of India (CCI) has announced that it has approved the acquisition of 51 percent of the equity share capital of North Eastern Electricity Supply Company of Odisha (NESCO Utility) […] Read more
Ginlong Solis Honoured with the Top Brand PV 2021 Award for Inverter Manufacturers Updated On Mon, Mar 22nd, 2021 by Saurenergy Bonn. Ginlong (Solis) Technologies a global leader in photovoltaic string inverter manufacturer has been awarded with the Top Brand PV 2021 seal in the Netherlands. This is based on a survey of Dutch PV installers by EUPD Research, a market- and economic research institution based in Bonn. Throughout the survey phase for the “Global PV […] Read more
EV Policy Announcement saw Share of EVs in Delhi Rise to 2.2% In 3 Months: DDC Updated On Fri, Mar 19th, 2021 by Saurenergy The share of EVs in Delhi has increased from less than 1% to 2.2% in 3 months after the Delhi EV Policy was launched, per DDC Vice-Chairperson. In a webinar hosted by the Dialogue and Development Commission (DDC), DDC vice-chairperson Jasmine Shah announced that the share of electric vehicles (EVs) in the city has increased […] Read more
25% of Urban Population Lives in a City with RE Target, 18% in India: Report Updated On Fri, Mar 19th, 2021 by Saurenergy A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
419.74 MW Installed in February, Renewable Capacity in India at 92.97 GW Updated On Wed, Mar 17th, 2021 by Saurenergy MNRE in its monthly summary has detailed that with 419.74 MW installed in February, total renewable energy capacity in India has reached 92.97 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of February 2021, detailing all the events and development that took place during the […] Read more
