MHI sanctions 2877 EV charging stations under FAME Phase-II Updated On Thu, Mar 24th, 2022 by Saurenergy The Ministry of Heavy Industries (MHI) has sanctioned 2877 charging stations in 68 cities across 25 states/UTs under Phase-II of FAME India Scheme. The details of solar-based charging stations sanctioned and installed in the cities and states under FAME India Scheme Phase-II are as follows: Additionally, MHI has sanctioned 1576 EV Charging Stations across 16 […] Read more
SK E&S acquires EverCharge, sets foot in US EV charging market Updated On Thu, Mar 24th, 2022 by Saurenergy Korean LNG player SK E&S is entering the U.S. electric vehicle charging market, an official announcement said. On March 23, SK E&S announced the acquisition of EverCharge, an EV charging solution provider in the U.S. This is reportedly the first time a Korean company has acquired the management rights of an EV charging company based in the U.S. […] Read more
PLI scheme to account for 13-15% capex in key industrial sectors over 3-4 years: Crisil Updated On Thu, Mar 24th, 2022 by Saurenergy Production Linked Incentive (PLI) scheme will account for 13-15 per cent of the average annual investment spending in key industrial sectors over the next three-four years, according to a report by Crisil. Since its introduction in March 2020, PLI has been announced for 15 sectors, involving government incentives to the tune of Rs 1.93 lakh […] Read more
MoP makes conciliation committees to help CPSUs in dispute resolution Updated On Wed, Mar 23rd, 2022 by Saurenergy The Ministry of Power (MoP) has introduced a conciliation mechanism for the settlement of contractual disputes in the contracts of CPSUs / statutory bodies under MoP executing power projects. In order to help CPSUs, three Conciliation Committees of Independent Experts (CCIEs) have been constituted: Each CCIE will comprise 3 members with a high level of […] Read more
Lightsource bp to leverage Envision Digital’s AIoT platform for Net Zero Updated On Wed, Mar 23rd, 2022 by Saurenergy Major solar developer Lightsource bp has entered a multi-year, global partnership with Envision Digital International Pte Ltd, a Singapore-headquartered Artificial Intelligence and Internet of Things (AIoT) software company, to accelerate the growth and optimisation of solar power, in the fight against climate change. Lightsource bp is targeting the development of 25GW of solar power projects globally by […] Read more
Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power Updated On Wed, Mar 23rd, 2022 by Saurenergy In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […] Read more
Crayon Motors Launches Electric Scooter – Envy Updated On Wed, Mar 23rd, 2022 by Saurenergy Crayon Motors has launched its second low-speed electric scooter – Envy for the Indian markets. The scooter comes with a spacious boot space and a unique keyless start. The price of the scooter starts at Rs. 64,000 and comes in four colors: white, black, blue, and silver. The company is offering a 24-month warranty on […] Read more
Shell Announces 17 GW Offshore Wind Projects in Brazil Updated On Tue, Mar 22nd, 2022 by Saurenergy Global oil and gas conglomerate Shell has announced that it has applied for environmental investigation licences with Institute for the Environment and Natural Resources (IBAMA), Brazil, for the development of six offshore wind projects. The total capacity of the six projects comes up to 17 GW. Shell has overtaken Ventos do Atlântico that has 15 GW licenses […] Read more
Maldives seeks bids for grid modernisation under World Bank-aided project Updated On Tue, Mar 22nd, 2022 by Saurenergy The Maldivian Ministry of Finance has invited bids for the delivery of grid infrastructure works to support grid modernization as well as the integration of solar PV in the network on 15 islands. The Government of the Republic of Maldives has received financing from the World Bank toward the cost of the ‘Accelerating Renewable Energy […] Read more
