Revolt Intellicast Unveils India’s First AI-Powered Electric Bike ‘RV 400’ Updated On Sat, Jun 22nd, 2019 by Saurenergy Gurgaon-based startup Revolt Intellicast has unveiled its new Revolt RV 400 AI enabled electric motorcycle in India. The electric bike is India’s first motorcycle to come powered by Artificial Intelligence and can be controlled by an app and Bluetooth connectivity. The Revolt RV 400 will be available for pre-order on June 26 from the company […] Read more
CRISIL Warns About Government Plan to Add 78K Fuel Pumps Updated On Fri, Jun 21st, 2019 by Saurenergy Ratings and advisory Firm CRISIL has released a report yesterday warning about the risks in the fresh wave of fuel pumps the government is planning. The warning comes at a time when the government’s own lead advisory, Niti Aayog, is pushing for a faster shift to EV’s. In a report titled ‘Outlet Overkill‘, CRISIL has […] Read more
TERI Suggests Four-Pronged Strategy to Govt for E-Mobility Updated On Fri, Jun 21st, 2019 by Saurenergy The move came after recent bold proposal from the government think tank Niti Aayog for permitting sale of only EVs by 2030, which likely to impose substantive costs on users. In wake of India’s efforts towards achieving its e-mobility targets, country’s one of the leading energy and environment think tank, The Energy and Resources Institute […] Read more
Government Stressing on Infrastructure and Electric Vehicles: President Updated On Fri, Jun 21st, 2019 by Saurenergy In his address to Parliament, President Kovind said the government’s endeavour is to lay a strong foundation for urban infrastructure that will encourage employment generation. Terming infrastructure as pivotal in propelling prosperity and growth, President Ram Nath Kovind said the government’s endeavour is to build 35,000 km of highways, besides expressways, by 2022 and to lay a […] Read more
Tariffs Drop to 2.48/kWh in SECI’s Rajasthan 750 MW (Tranche-I) Auction Updated On Fri, Jun 21st, 2019 by Saurenergy SECI has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. The Solar Energy Corporation of India (SECI) has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. According to the […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050 Updated On Thu, Jun 20th, 2019 by Saurenergy As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […] Read more
BNEF Report on REN21 Renewables 2019 Global Status Updated On Thu, Jun 20th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
