India Will Have Ethanol-based ‘flex engines’, Schemes To Come Soon: Gadkari Updated On Tue, Jun 29th, 2021 by Saurenergy The Union Minister, Mr. Nitin Gadkari said on Monday that India has decided to allow ethanol-based ‘flex engines’ which power vehicles using local farm produce and not fossil fuels, and will be rolling out a scheme on the same in the next three months. These are also needed as Ethanol blending picks up pace in […] Read more
Poor Weather-led Drop in Wind Output Slashes German RE Use Updated On Tue, Jun 29th, 2021 by Saurenergy In the first half of 2021, renewable energies covered around 43 percent of gross domestic electricity consumption, compared to 50 percent of it in the same period in 2020, say the preliminary calculations of the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) and the German Association of Energy and Water Industries (BDEW). The […] Read more
“Floating Solution Will Be One Of The Main Enablers For PV sector In India” Updated On Mon, Jun 28th, 2021 by Saurenergy For French Solar Firm Ciel Et Terre, India was natural market market once the country embarked on a strong solar push, not to mention the strong partnership with France at global for a like the International Solar Alliance. Through its India firm Ciel Terre India, the firm has been quietly working to educate developers and policy […] Read more
Amid Rising Module Cost, Returns of Projects May Drop by 200 bps: Crisil Updated On Mon, Jun 28th, 2021 by Saurenergy According to CRISIL Ratings’ estimates, rising module prices may diminish returns for 12 GW of bid out solar projects by ~200 bps and inflate tariffs of future bids by 10-15 paise per unit. CRISIL, an Indian subsidiary of the US company S&P Global, is an analytical company providing ratings, research, and risk and policy advisory […] Read more
Triton EV Signs MoU for 2,100 Crores Investment in Telangana Updated On Fri, Jun 25th, 2021 by Saurenergy Triton Electric Vehicle, LLC, the US-based electric vehicle (EV) subsidiary of a leading solar panel and battery engineering firm, Triton Solar, has announced signing a Memorandum of Understanding (MoU) with the state of Telangana to set up its manufacturing plant with an investment of Rs. 2,100 Crores. The EV major has announced that it will […] Read more
Electric Bus Market to Grow at 13.9% CAGR Through Policies & Incentives Updated On Fri, Jun 25th, 2021 by Saurenergy The worldwide shift towards sustainable mobility has compelled the governments to bring green policies to eliminate carbon emissions and incentivize electric vehicles (EVs) for faster adoption all across the world. A recent analysis by Frost & Sullivan finds that the growing adoption of electric transit buses, driven by pro-green government policies, has enabled global sourcing […] Read more
Magenta to deploy EVs for govt use in Telangana for Go Electric Campaign Updated On Thu, Jun 24th, 2021 by Saurenergy Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has signed an agreement with Navi Mumbai-based electric vehicle solutions company Magenta, under which TSREDCO will coordinate the transition of government officer transport from ICE (Internal combustion Engines) vehicles to EVs across the state departments of Telangana. TSREDCO is the nodal agency for the state of Telangana […] Read more
Renewable Thermal Collaborative Wins Climate Award Worth $10 Million Updated On Wed, Jun 23rd, 2021 by Saurenergy Lever for Change announced yesterday the Renewable Thermal Collaborative (RTC) as the recipient of the $10 million 2030 Climate Challenge, an award sponsored by an anonymous donor to reduce greenhouse gas emissions in the U.S. Created and jointly managed by the Center for Climate and Energy Solutions (C2ES), David Gardiner and Associates (DGA), and World […] Read more
Sri Lanka To Purchase 75% Equipment from India For India-funded Projects Updated On Mon, Jun 21st, 2021 by Saurenergy Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […] Read more
