Five Indian EV Cab Companies Decarbonising Urban Transport Updated On Wed, Jul 19th, 2023 by Saurenergy In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, […] Read more
UK’s First Renewable Energy Powered Electric Airline Ecojet to be Commissioned in 2024 Updated On Wed, Jul 19th, 2023 by Saurenergy Earlier this week, British entrepreneur Dale Vince announced plans to launch an electric airline that will be powered using renewable energy, potentially marking the dawn of a new era in air travel. The formation of Ecojet represents the latest attempt to reduce the environmental footprint of aviation. Flights in the UK will begin in 2024. […] Read more
India, China To See Major Rise of Power Generation Emissions By 2024: IEA Updated On Wed, Jul 19th, 2023 by Saurenergy The latest report by the International Energy Agency (IEA) released today claimed that while the power demands in advanced economies are slated to plunge, they will likely go up for South Asian countries like India and China. It also said that while the emissions from power generation are slated to slump in Europe, it is likely to […] Read more
RERC Allows RDSS Facility To Rajasthan Discom’s Franchisee In Ajmer Updated On Wed, Jul 19th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest judgment, ordered the rollout of the Revamped Distribution Sector Scheme (RDSS) for TP Ajmer Distribution Limited (TPADL) in Ajmer city. This comes after TPADL, a distribution franchisee of the Ajmer Vidyut Vitran Nigam Limited (AVVNL), moved the RERC seeking benefits of the scheme to the company. TPADL […] Read more
Azure Power Announces its New CEO in Sunil Gupta Updated On Wed, Jul 19th, 2023 by Saurenergy Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […] Read more
EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan Updated On Wed, Jul 19th, 2023 by Saurenergy The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […] Read more
EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup Updated On Wed, Jul 19th, 2023 by Saurenergy The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […] Read more
Philippines Grants 1.97 GW Solar Capacity in Second Green Energy Auction Round Updated On Wed, Jul 19th, 2023 by Saurenergy The Philippines Department of Energy (DOE) has shared a list of bidders who have won the Second Green Energy Auction Round (GEA-2). The Green Energy Auction Bids Evaluation and Awards Committee has awarded capacity worth 1,870.8 MW for ground-mounted projects and another 90 MW of capacity for floating solar power. 10 MW of capacity has […] Read more
Transmission Firm Gets No Relief From CERC For Projects In Himalayan Region Updated On Wed, Jul 19th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, denied any relief to a transmission network service provider over a plea to revise its Operations and Maintenance (O&M) norms. The petitioner-Teestavalley Power Transmission Limited (TPTL), in its plea before the CERC, asked the Commission to relax the norms under its “power to relax” powers. TPTL […] Read more