India Sets Sight for 450 GW RE Capacity by 2030: President Kovind Updated On Fri, Jan 31st, 2020 by Saurenergy India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 to capitalise on its clean resources, President Ram Nath Kovind said India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 and also provide 17 lakh solar pumps to farmers under Pradhan Mantri-Kusum […] Read more
Economic Survey 2019-20. Opportunity Ignored? Updated On Fri, Jan 31st, 2020 by Saurenergy The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to […] Read more
EXIM Bank Grants $35.8 Mn to Republic of Suriname for Hybrid PV Systems Updated On Fri, Jan 31st, 2020 by Saurenergy Exim Bank has extended a LOC to the Government of the Republic of Suriname, for financing a rural electrification project using solar DG hybrid PV systems The Export-Import Bank of India (Exim Bank) has, on behalf of the Government of India, extended a Line of Credit [LOC] of USD 35.80 million, to the Government of […] Read more
Total, PSA Partner to Enter EV Battery Manufacturing Activity in Europe Updated On Fri, Jan 31st, 2020 by Saurenergy Total and PSA have announced their plan to combine their know-how to develop EV battery manufacturing activity in Europe. Total, through its affiliate Saft, and PSA with Opel, have announced their plan to combine their know-how to develop EV battery manufacturing activity in Europe. To that end, the partners intend to establish a joint venture […] Read more
EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO Updated On Fri, Jan 31st, 2020 by Saurenergy EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […] Read more
AEP Signs PPA With Evergy for new 128 MW Wind Project in Kansas Updated On Fri, Jan 31st, 2020 by Saurenergy AEP Renewables has signed a long-term power purchase agreement (PPA) with Evergy Inc. for the output of the new Flat Ridge 3 wind project. American Electric Power’s subsidiary AEP Renewables has announced that it has signed a long-term power purchase agreement (PPA) with Evergy Inc. for the output of the new Flat Ridge 3 wind […] Read more
EDPR Awarded Contract for 109 MW Wind Power in Italian Auction Updated On Thu, Jan 30th, 2020 by Saurenergy EDPR has been awarded a 20-year CfD at the Italian wind auction to sell power generated by a portfolio of three wind farms with a total capacity of 109 MW EDP Renováveis, (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has […] Read more
EESL Signs MoU With BHEL to set up Public EV Charging Network Across India Updated On Thu, Jan 30th, 2020 by Saurenergy EESL has signed an MoU with BHEL to set up a network of Public Charging Infrastructure for EV at various highways across the country. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power has signed a Memorandum of Understanding (MoU) with Bharat Heavy Electricals Limited (BHEL), one of the largest engineering and […] Read more
UPS Invests in Arrival, Commits to 10,000 Electric Delivery Vehicles Updated On Thu, Jan 30th, 2020 by Saurenergy UPS Ventures has completed a minority investment in Arrival, and also announced a commitment to purchase 10,000 electric vehicles United Parcel Service or UPS, an American multinational package delivery and supply chain management company has announced that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built […] Read more
