Germany To Reduce Electric Car Subsidies Starting Next Year Updated On Thu, Jul 28th, 2022 by Saurenergy In a major move, Germany’s Economy Ministry has announced that the government will reduce the subsidies or financial incentives on the purchase of electric cars from next year. This is a result of an agreement reached between the coalition partners. It is being said that rising adoption of EVs has already made the government subsidies […] Read more
Firmware development Sr Engineer Updated On Wed, Jul 27th, 2022 by Saurenergy The required profile will be in charge of Firmware development for Solar Central Inverters. He/she will focus on application-level programming in C++, build & test automation in Python. ACTIVITIES:- Write & maintain code in C++ for solar central inverters while following FIMER coding guidelines Write Build & Test Automation scripts in Python for automating build […] Read more
GM And LG Joint Venture To Get $2.5 Billion Federal Loan For US Battery Plant Updated On Wed, Jul 27th, 2022 by Saurenergy Ultium Cells – the new joint venture by General Motors and LG Energy Solutions is expected to give a fillip to lithium ion battery cell production in America after the US Department Of Energy (DOE) has announced granting it a loan of $2.5 billion. The DOE has said that is in the process of reviving […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
ONGC Signs MoU With Greenko To Make Green Hydrogen And Explore Markets Updated On Wed, Jul 27th, 2022 by Saurenergy Oil and Natural Gas Corporation (ONGC) and renewable energy company Greenko ZeroC have signed a Memorandum of Understanding (MoU) to make green hydrogen, green ammonia and jointly explore new market in renewables, and other derivatives of green hydrogen. The two companies will join hands to come up with a 1-MMTPA green ammonia production and storage […] Read more
Nordex Group To Supply Turbines For 148 MW Wind Farm In Finland Updated On Wed, Jul 27th, 2022 by Saurenergy The Nordex Group has announced that a consortium comprised of the Finnish energy utility Helen Oy and Alandsbanken Wind Power Fund has commissioned the Nordex Group to supply and install 25 N163/5.X turbines for the 147.5 MW Karahka Wind Farm in Finland. The official statement held that the order also includes the Premium Service for […] Read more
Moto Business Service Forays Into EV With FullFily Updated On Wed, Jul 27th, 2022 by Saurenergy Moto Business Service India (MBSI), a leasing firm of Yamaha Motors, has announced its decision to enter into a partnership with Chennai-based FullFily, marking its foray into electric two and three-wheelers asset management services. The terms and conditions of the proposed partnership devolves upon Moto Business Service India (MBSI) the responsibility to manage electric two […] Read more
With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more
Kerala State Commission Turns Down KSEB Petition For Gross Metering, Net Billing Updated On Tue, Jul 26th, 2022 by Saurenergy In an important order last week, the Kerala Electricity Regulatory Commission (KSERC) has turned down the plea of the state discom, Kerala State Electricity Board Ltd (KSEB) for modification of the net metering rules as applicable in the state to gross metering and a net billing regime. KSEB had also made a plea for the […] Read more