Europe To Become World’s Second Largest Li-ion Battery Manufacturer By 2025 Updated On Tue, Mar 16th, 2021 by Saurenergy Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […] Read more
Bechtel Supports RE Technology to Accelerate UK Offshore Wind Generation Updated On Tue, Mar 16th, 2021 by Saurenergy Hexicon, Swedish floating windfarm developer and technology provider and Bechtel are partnering to deliver large-scale offshore floating wind projects along the British coastline and abroad. Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative offshore wind technology for large-scale floating power generation projects off the coast of the U.K. The floating technology could be […] Read more
GWEC: 22 GW Wind Power Additions in North, Latin America In 2020 Updated On Mon, Mar 15th, 2021 by Saurenergy A recent report by the Global Wind Energy Council (GWEC) confirms that both North and Latin America, installed nearly 22 GW of new capacity of wind power in the region, a 62 percent spike over 2019 beating back the impact of COVID 19 comprehensively. According to the latest data released by GWEC Market Intelligence, in […] Read more
Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace Updated On Mon, Mar 15th, 2021 by Saurenergy Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
MNRE Releases List Of Module Makers for Government Contracts Updated On Thu, Mar 11th, 2021 by Saurenergy The ALMM list, to be updated monthly, will be valid for two years. The Ministry of New and Renewable Energy, in an office memorandum released yesterday, announced the names of 23 Indian firms those products would be eligible for use in government contracts for solar plants. The list is for module manufacturers right now. The […] Read more
AAP to Provide Scrapping Incentive Under Delhi EV Policy, Says Gadkari Updated On Tue, Mar 9th, 2021 by Saurenergy The Delhi government is providing scrapping incentives, including up to Rs 7,500 per vehicle for auto and light commercial vehicles, under Delhi Electric Vehicle (EV) Policy 2020, Parliament was informed on Monday. Road Transport, Highways, and MSMEs Minister Nitin Gadkari informed Rajya Sabha in a written reply, that “Under the provision, all leased/hired cars used […] Read more
Parliamentary Panel Blames MNRE of Poor Financial Planning in Vital Sector Updated On Tue, Mar 9th, 2021 by Saurenergy The parliamentary panel has stated that the low utilisation of even decreased allocated amounts is symptomatic of poor financial planning by MNRE The Standing Committee on Energy recently presented its ‘Demand for Grants 2021-22’ report for the Ministry of New and Renewable Energy (MNRE) in the parliament. Based on its findings and observations, the parliamentary […] Read more
Sungrow Supplies Latin America’s Largest Under Construction PV Plant Updated On Tue, Mar 9th, 2021 by Saurenergy After an agreement and the recent emission of NTP (“Notice To Proceed” or “Service Order”) with Focus Energia, an integrated energy business platform, Sungrow will supply inverters and MV stations for the implementation of the first phase of the Futura Project, an 852 MWp solar park that will soon be one of the largest in […] Read more
