CRISIL Backs 3-Wheelers, Two Wheelers to Lead EV Charge Updated On Sat, Feb 15th, 2020 by Saurenergy By 2024, as much as 43-48 percent of new 3-wheelers and 12-17 percent of new 2-wheelers sold in India will be electric vehicles, a study by CRISIL has shown A view that we have repeatedly pointed out as an unfolding reality has been confirmed by CRISIL too. The leading research firm has predicted that by […] Read more
Govt Set to Divest its 100% Stake in CEL; Invites EoI by Mar 16 Updated On Tue, Feb 11th, 2020 by Saurenergy After BPCL and Air India, government is now set to privatise its solar products manufacturer Central Electronics Ltd (CEL) and invited bids for selling its 100 percent shareholding with management control. The last date for interested parties to submit the bids is March 16, 2020. CEL is a Government of India Enterprise under the Department of […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Envision Energy Commissions two Wind Projects in Gujarat Worth 232.5 MW Updated On Fri, Jan 24th, 2020 by Saurenergy Envision Energy has successfully commissioned two wind energy plants in the state of Gujarat with a combined generation capacity of 232.5 MW. Chinese wind turbine manufacturer Envision Energy has announced that it has successfully commissioned two wind energy plants in the state of Gujarat with a combined generation capacity of 232.5 MW. The contracts involved […] Read more
Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020 Updated On Sat, Jan 18th, 2020 by Saurenergy Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union Budget, the energy storage industry is expecting various measures including cut in goods and services tax […] Read more
Volkswagen to Become World’s Largest EV Manufacturer by 2028 Updated On Thu, Jan 16th, 2020 by Saurenergy Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […] Read more
Waaree Breathes Easy As Bid for 184 MW Project Gets MERC Approval Updated On Wed, Jan 15th, 2020 by Saurenergy Waaree Energies Limited (WEL), which had emerged as the sole bidder in the much postponed tender for 184 mw of solar power in Maharashtra can finally get started on the project. This follows the approval of its bid of Rs 3.05 per unit under the tender by the Maharashtra Electricity Regulatory Commission (MERC). The tender […] Read more
Cheaper EV Could help Tesla hit Targets by mid-2020s: WoodMac Updated On Mon, Jan 13th, 2020 by Saurenergy Tesla has announced its plans to capture 1% of all car sales globally, WoodMac projects that it will meet the targets by 2024 if it launches a cheaper EV In Q3 2019, Tesla announced its plans to capture 1 percent of all car sales globally. With its current portfolio of luxury cars, the company is […] Read more
Okaya Partners With IIT Delhi for “VRFB” Battery Research Updated On Mon, Jan 13th, 2020 by Saurenergy Okaya Power Group has announced that it has associated with IIT Delhi as an Industry Partner for a Vanadium Redox Flow Battery (VRFB) research project. Okaya Power Group (OPG), a leading battery and power backup products manufacturing company has announced that it has associated with IIT Delhi, the country’s premier institution of engineering and technology […] Read more
