Impose Carbon Tax In India To Handle CBAM Issue: CSE Updated On Thu, Jul 18th, 2024 by Saurenergy A new report from New Delhi-based think tank Center for Science and Environment (CSE) said that the developing countries might consider imposing carbon tax and other measures on their own to tackle the issue of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM). This comes at a time when the EU has planned to […] Read more
Indian EV Sector Needs Rs 1,151cr To Flourish, Says Report Updated On Wed, Jul 17th, 2024 by Saurenergy Principal Scientific Adviser to the Government of India, Ajay Kumar Sood, released a report for building a comprehensive roadmap that outlines research projects in four crucial areas. These areas are energy storage cells, electric vehicles (EV) aggregates, materials and recycling, and charging and refueling. It provided pathways for India to achieve leadership and self-reliance in […] Read more
Roadcast, AMU Partner To Build GPS-Enabled EV Leasing Updated On Wed, Jul 17th, 2024 by Saurenergy Roadcast, recently entered into a partnership with Accelerated Money for U (AMU) to implement Roadcast’s GPS technology in e-rickshaws. They collaborated to make EV leasing more accessible and risk-free. This partnership between Roadcast a SaaS-based logistics automation platform in India, and Accelerated Money for U (AMU), a non-banking financial company (NBFC), aims to finance electric […] Read more
Hartek Secures 765kV Projects From PGCIL In Indore, Kurnool Updated On Wed, Jul 17th, 2024 by Saurenergy Hartek Group has secured multiple 765kV projects from the Power Grid Corporation of India Ltd. (PGCIL). The key orders include supplying and commissioning high-voltage transmission projects at Indore and Kurnool. These projects can help to enhance power system reliability and boost transmission capacity to power-deficit regions. With large power generation projects expected until 2030, these […] Read more
Green Stocks July 16: KPI Green’s Stock Price Sees Highest Surge Updated On Tue, Jul 16th, 2024 by Saurenergy Indian renewable energy company KPI Green today witnessed the highest rise in its stock price among all other listed green companies. The company saw its stock prices increasing by 4.74 percent. Other companies whose stock prices increased today included-Shakti Pumps, Suzlon, Adani Green and Gensol Engineering. Company name Closing Price On July 15 Closing Price […] Read more
ValueQuest Backs Jupiter With Rs 300 Cr To Expand PV Cell Manufacturing Updated On Tue, Jul 16th, 2024 by Saurenergy Jupiter International Ltd., a photovoltaic solar cell producer and solar power solutions provider, has received Rs. 300 crore from ValueQuest S.C.A.L.E. PE fund. This investment aims to expand the company’s solar cell manufacturing capabilities to support India’s growing demand for solar energy. Jupiter International founded in 2009 by Alok Garodia, has its manufacturing facility in […] Read more
Global Floating Wind Industry Reached 270 GW In FY24: IRENA Updated On Tue, Jul 16th, 2024 by Saurenergy While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […] Read more
IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report Updated On Tue, Jul 16th, 2024 by Saurenergy Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target. IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […] Read more
Rays Power Secures Two Projects Worth Rs. 833 Cr Totaling 680 MW Updated On Tue, Jul 16th, 2024 by Saurenergy Rays Power Infra, a solar EPC solutions provider recently acquired new projects worth Rs. 833 crores in the April-June period 2024. These projects are distributed in two states and can add over 680 MW to the company’s expanding portfolio. Rays Power Infra continues to focus on strengthening its solar park as well as EPC divisions […] Read more
