BII To Invest Up To Rs 1925 Cr In Mahindra’s 4-Wheeler Segment Updated On Fri, Jul 8th, 2022 by Saurenergy Indian multinational automotive manufacturer Mahindra & Mahindra (M&M) and the British International Investment (BII) have recently inked a pact which will facilitate investment of Rs 1,925 crore each in a wholly owned subsidiary of the home-grown auto major and form a new entity EV Co. As the name suggests, the focus will be on four-wheel […] 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
Woodmac Ranking for Inverter Shipments In 2021 Retains Huawei at 1, Top 5 Firms Chinese Updated On Fri, Jul 8th, 2022 by Saurenergy In the second global PV Inverter rankings in two weeks, it is the turn of Wood Mackenzie, a Verisk business to release the numbers. And the rankings makes for an interesting list, as Huawei has managed to protect its leadership herem unlike in the case of the IHS Markit’s rankings in June. Consolidation at the […] Read more
Azure Power Becomes First Indian RE Company To Get SA8000 Updated On Fri, Jul 8th, 2022 by Saurenergy Azure Power has become the first renewable energy company in India to win the award of SA8000:2014. It is a leading sustainable energy solutions provider and renewable power producer in India. SA8000 is the world’s leading social certification programme for factories and organizations across the globe. This is an auditable standard that requires organizations to […] Read more
Rolls-Royce Sets Foot Into Hydrogen Electrolyser Business Updated On Fri, Jul 8th, 2022 by Saurenergy Rolls Royce has announced its entry into hydrogen production as it is acquiring a 54 per cent stake in Hoeller Electrolyzeris, an electrolysis stack specialist. Rolls Royce will boasts of innovative technology to form the basis of a new range of mtu electrolyzer products from its power systems division. Hoeller Electrolyzer in Wismar, Germany, is […] Read more
Himachal Group Opposes World Bank Consultation Over Hydropower Updated On Fri, Jul 8th, 2022 by Saurenergy A motley group of dam affected people and other activists in Himachal Pradesh have shot off a letter to the World Bank and Directorate of Energy, HP, on July 6 protesting against the hydropower projects in the state. They also boycotted the scheduled ‘Stakeholder Consultation’ for the proposed $200 million ‘Himachal Pradesh Power Sector Development Programme’. […] Read more
Chargeup,Two More Join Up To Offer E-Rickshaws At Rs 90,000 Updated On Fri, Jul 8th, 2022 by Saurenergy The Delhi-based battery-swapping company, Chargeup has announced its collaboration with two firms including Paisalo Digital Ltd and Goenka Electric Motors (GEM). Companies said, through this collaboration, they will help E-rickshaw drivers own their vehicles at only Rs 90000 only. Chargeup said it’s for the first time when an affordable E-Rickshaw Sale across Delhi/NCR has been […] Read more
