Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
Reliance On The Lookout For New Technologies To Make Low-Cost Green Hydrogen A Reality Updated On Thu, Jun 23rd, 2022 by Saurenergy Even as India’s leading firm Reliance Industries Ltd, led by Indian billionaire Mukesh Ambani, seeks newer technologies to make electrolyzers in its efforts to produce low-cost green hydrogen in the country, multiple firms have started launching newer versions of their efforts to drop costs. Thus, while Reliance awaits the production-linked incentives the government may offer […] Read more
MSEDCL To Set Up 2,375 EV Charging Stations in Maharashtra By 2025 Updated On Thu, Jun 23rd, 2022 by Saurenergy In the midst of rising electric vehicle adoption, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has announced the setting up of 2,375 EV charging stations across the state of Maharashtra by 2025. Of the 500 EV charging stations proposed in 2018, 13 have been built across the state. Currently, work is in progress in 49 […] Read more
India Needs $223 Billion To Meet 500 GW RE Target By 2030 Updated On Thu, Jun 23rd, 2022 by Saurenergy As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […] Read more
Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten Updated On Thu, Jun 23rd, 2022 by Saurenergy One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […] Read more
EVTRIC Motors Promises 110 km On A Single Charge For Its E-Bike Updated On Thu, Jun 23rd, 2022 by Saurenergy EVTRIC Motors, an electric vehicle manufacturer based out of Pune, has announced the release of its first motorcycle – EVTRIC Rise – in the country which is priced at Rs 1.60 lakh. EVTRIC Motors has opened bookings for the newly launched electric motorcycle which requires a deposit of Rs 5,000. The EVTRIC Rise was launched […] Read more
ADFD, Masdar Join 1.5 GW Renewables Platform of IRENA Updated On Thu, Jun 23rd, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) has announced the signing of agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (popularly known as Masdar) that formalises the fund’s anchor investment of $ 400 million to Energy Transition Accelerator Financing (ETAF) Platform of IRENA. The official statement of IRENA […] Read more
Germany’s Renewable Energy Pledge Blackened By Coal Updated On Wed, Jun 22nd, 2022 by Saurenergy Falling short of the energy cut short by Russia following the European support to Ukraine, Germany’s Economy Minister Robert Habeck warned on June 19 that the war in Ukraine will cause an energy shortage by the winter. What he actually meant was that the coal supply and use would be increased to compensate for the […] Read more
Okinawa Autotech Announces Launch of ‘Megafactory’ In Rajasthan Updated On Wed, Jun 22nd, 2022 by Saurenergy Okinawa Autotech, India’s electric two-wheeler brand has announced the launch of its mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt (First Complete EV Ecosystem as the company terms it ) made in the country by an electric two-wheeler company. The mega factory will have […] Read more
