India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA Updated On Wed, Nov 11th, 2020 by Saurenergy IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […] Read more
NeoVolta Announces 211% Quarter-On-Quarter Increase in First Quarter 2021 Revenues Updated On Tue, Nov 10th, 2020 by Saurenergy Increase in Wholesale Dealers and Installers Drives Revenue Growth NeoVolta, manufacturer of Smart Energy Storage Systems, has announced financial results for the first quarter 2021. The company reported that revenues for the quarter ending September 30, 2020 were $1,000,171, compared to $321,650 for the same quarter of last year. This dramatic 211% growth quarter-on-quarter reflected […] Read more
13 Breakthrough Startups Graduate Shell E4 Programme on Demo Day 2020 Updated On Tue, Nov 10th, 2020 by Saurenergy Post the remarkable success of two editions of the Shell E4 programme, Shell’s third cohort of 13 startups graduated on this year’s Demo Day Post the remarkable success of two editions of the Shell E4 (Energizing and Enabling Energy Entrepreneurs) programme, Shell’s third cohort of 13 startups graduated on this year’s Demo Day – the […] Read more
GM Begins Hiring for its ‘Ultium Cells’ EV Battery Manufacturing Facility Updated On Tue, Nov 10th, 2020 by Saurenergy Ultium Cells LLC, a JV of GM and LG Chem that will mass-produce Ultium battery cells for electric vehicles (EV) is looking to hire 1,100 employees. General Motors (GM) has continued its march towards an all-electric, zero-emissions future with the construction of its nearly 3 million-square-foot Ultium Cells battery cell manufacturing facility in Lordstown, Ohio. […] Read more
Increased EV Penetration to Boost Jobs and Lower Crude Imports in India: CEEW Updated On Tue, Nov 10th, 2020 by Saurenergy Increased EV penetration in India could help it save on crude oil imports worth over Rs 1 lakh crore annually and create 120,000 new jobs by 2030 A new study has found that India could save on crude oil imports worth over Rs 1 lakh crore (USD 14 billion) annually if electric vehicles (EVs) were […] Read more
Storage Emerging As Issue For Europe’s RE Growth Updated On Mon, Nov 9th, 2020 by Saurenergy Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […] Read more
Tata Motors Delivers 65 Electric Vehicles to Kerala Government Updated On Mon, Nov 9th, 2020 by Saurenergy The Government of Kerala has selected Nexon EV SUV from Tata Motors, for its Motor Vehicle Department, as part of its ambitious ‘Safe Kerala’ programme. The Government of Kerala has selected Nexon EV SUV from Tata Motors, for its Motor Vehicle Department (MVD), as part of its ambitious ‘Safe Kerala’ programme. A smart fleet of […] Read more
SECI Offers Extension in EOI Submission for RE Solutions in Himalayas Updated On Mon, Nov 9th, 2020 by Saurenergy SECI has extended the last date for submission of EOI for its call for RE based solutions for meeting energy requirements in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the last date for submission of Expression of Interest (EOI) for its call for renewable energy […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September Updated On Mon, Nov 9th, 2020 by Saurenergy The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […] Read more
