India’s 1st Virtual Marketplace for EVs is All Set for Launch Updated On Thu, Feb 10th, 2022 by Saurenergy Electric vehicles (EVs) have begun making inroads into common Indian households as a result of rising innovative collaborations among automobile manufactures, battery producers, research institutes and the government. In anticipation of a fast approaching boom in the sector, the country’s first virtual e-mobility marketplace – EV MARKETZ – is all set for a launch. The […] Read more
Tata Power Net Profit Swells by 71% Signifying Comprehensive Growth Updated On Thu, Feb 10th, 2022 by Saurenergy The third quarter results of Tata Power in the current financial year is out and the company has posted a staggering 71% rise in the consolidated profits against the corresponding period of the previous fiscal. The renewable portfolio in terms of profit after tax (PAT) grew by 107% – all credit to their solar expansion. […] Read more
Tata Group declines to participate in ‘EV Battery’ PLI Scheme Updated On Wed, Feb 9th, 2022 by Saurenergy The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […] Read more
Supply Chain Issues to Persist into 2023; Modernization Needed: IEEFA Updated On Wed, Feb 9th, 2022 by Saurenergy The latter half of 2021 saw the global supply chain struggle mightily. Disruptions stemming from the pandemic, labor shortages, cyberattacks, increased consumer demand for goods and other global factors collided to cause unprecedented bottlenecks and backlogs. Experts at Institute of Electrical and Electronics Engineers (IEEFA) predict that supply chain-related issues will persist into 2023, despite […] Read more
Brookfield Renewable Buys Urban Grid, Triples US Pipeline to 31GW Updated On Wed, Feb 9th, 2022 by Saurenergy Bermuda-headquartered Brookfield Renewable, which owns and operates renewable power assets, has acquired clean power developer Urban Grid and its pipeline of projects comprising approximately 13 GW of utility-scale solar and 7 GW of energy storage capacity for $650 million. The addition of Urban Grid’s projects approximately triples Brookfield Renewable’s U.S. development pipeline to approximately 31 […] Read more
Mercedes-Benz Offers New EV Course at Women’s Engg College in Pune Updated On Wed, Feb 9th, 2022 by Saurenergy One of India’s leading luxury car manufacturers, Mercedes-Benz, has announced a fresh EV course under its skill development program to upgrade its talent pool. This is aimed at creating meaningful ‘human capital’ through academic up-skilling projects. The new course — ‘EV module’ — has been added to an existing EV-centered diploma program offered by the company. Mercedes-Benz’s […] Read more
ABB India Launches New Range of Smart Meters for Energy Management Updated On Wed, Feb 9th, 2022 by Saurenergy Energy management is one of the biggest challenges in business applications and has a huge impact on the cost of operations. Seeking to ensure optimal energy efficiency, ABB India has launched a new series of electrical measuring and power monitoring meters for the digital panel meter market which is growing at a CAGR of 6% […] Read more
UK Grants 1st Reactive Power Contract to Offshore Wind Farm Updated On Wed, Feb 9th, 2022 by Saurenergy The National Grid ESO of the United Kingdom (UK) has awarded a contract to an offshore wind farm to help keep voltage levels in the national power network stable. As per the National Grid ESO, the contract is the first of its kind in the UK. The contract is for a ten-year period which will […] Read more
Record Sales in Jan’22 Push Ford to #2 in Global EV Market Updated On Tue, Feb 8th, 2022 by Saurenergy American auto major Ford has climbed to rank 2 in the EV market. The company saw its highest-ever EV sales in January 2022. Additionally, the company was also ranked as the top-selling US automaker. As per the latest media reports, the EV sales of Ford have reached their all-time high. The growth is mostly due […] Read more