Mercedes-Benz Electric Vehicle Sales Double in April-June Quarter Updated On Tue, Jul 12th, 2022 by Saurenergy Despite dwindling car sales there is some consolation for top automaker Mercedes-Benz this season. Just when the sales of its fossil fuel based cars declined by a massive 16 per cent in the quarter that spanned April to June compared with the corresponding quarter of the previous year. But, the sales of its battery based […] Read more
IRENA Presents China 13-point Lay Out to Achieve Carbon Neutrality Through RE Updated On Tue, Jul 12th, 2022 by Saurenergy Intergovernmental organization International Renewable Energy Agency (IRENA) has shared with China a 13-point plan to help achieve the climate change commitments. As part of its strategic partnership, the report laid out the route and speed to China aiming for its carbon emissions to peak before 2030 and achieve carbon neutrality by 2060. “China is the world’s […] Read more
IEA Calls For Innovation To Bridge Gap Between Demand & Supply Of Metals For EV Batteries Updated On Tue, Jul 12th, 2022 by Saurenergy The autonomous intergovernmental organisation that shapes policies related to energy for countries, International Energy Agency (IEA) has published a 68-page report “Global Supply Chains of EV Batteries“. The report states that innovation alone can help bridge the fast increasing gap between demand and supply of critically important metals for EV batteries. The supply of critical […] Read more
BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production Updated On Tue, Jul 12th, 2022 by Saurenergy British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […] Read more
Significant Employment Growth in Electric Vehicle Sector, Women At The Forefront: Report Updated On Tue, Jul 12th, 2022 by Saurenergy A new study by CIEL Human Resources Services has revealed that the employment growth in the electric vehicle segment in the past two years has been a staggering 108 per cent. As far as different trades of works are concerned, the report found that the engineering department was dominant in hiring. Thereafter, operation and sales, […] Read more
India’s First 100% Green Building Will Come Up In Hyderabad In March 2023 Updated On Mon, Jul 11th, 2022 by Saurenergy Hyderabad will earn a distinction in March next year when a first-of-a-kind 100 per cent green building will be set up at Mint Compound. It is quite appropriate that spread over 2,591 square metres, the green building will have the offices of State Renewable Energy Development Corporation Limited (TSREDCO), Super Energy Conservation Building Code (ECBC) […] Read more
Chhattisgarh Has A New EV Policy, Announces SOPs To Develop State As EV Manufacturing Hub Updated On Fri, Jul 8th, 2022 by Saurenergy The Chhattisgarh government approved its electric vehicle (EV) policy on July 7 following in the footsteps of the states like Delhi, Haryana etc. The policy exempts the EV buyers from road tax and registration fee in an attempt to woo more people to purchase EVs and to relieve the tension arising from multiple hikes in […] Read more
Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion Updated On Fri, Jul 8th, 2022 by Saurenergy An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […] Read more
IRENA Releases Reports On Global Hydrogen Trading Trends In 2050 Updated On Fri, Jul 8th, 2022 by Saurenergy A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […] Read more