Cipla to Acquire 32% Stake in AMP Energy Green Eleven Updated On Mon, Feb 7th, 2022 by Saurenergy India’s major drug manufacturer Cipla has signed a pact to acquire about a one-third stake in AMP Energy Green Eleven. The move is designed to set up a captive solar power project in the state of Maharashtra. Captive generation rules generally mandate that the key consumers must have a minimum 26% stake in the renewable […] Read more
WB E-Vehicle Plans Stumped by Shortage of Lithium-ion Batteries Updated On Mon, Feb 7th, 2022 by Saurenergy The high dependence on imported lithium ion batteries (cells) is taking a toll on the vehicle industry that looks for a quick and quality transition from fossil fuel based to electricity mode. This time the Transport Minister of West Bengal – Firhad Hakim – has said that the state is not able to expand its […] Read more
SECI pays Rs 4.2 billion for Solar and Wind Procurement for December Month Updated On Fri, Feb 4th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has released a payments of about Rs 490 crores to just solar and wind power generators. This disbursement is meant for the renewable energy procured from the two power sources for the month of December 2021. As far as the total amount released by SECI for the said month […] Read more
Government to come up with ‘Incentives’ for Battery Swap in Two Months Updated On Fri, Feb 4th, 2022 by Saurenergy The run for renewables and decrease the carbon footprint looks quite robust as too much is happening this week. Just as Finance Minister had declared a battery swapping scheme in the Union Budget to promote faster adoption of electric vehicles (EV), government sources are saying that the concerned department is about to finalise the incentives […] Read more
Novel Recycled Lithium Ion Batteries Outperform New Ones Updated On Thu, Feb 3rd, 2022 by Saurenergy Just when the demand for lithium ion batteries are skyrocketing for their immense use in the consumer world today and the industry is struggling hard to find lithium and other minerals’ sources on the planet, it has been found that recycling lithium ion batteries may well be better than creating new ones. A research published […] Read more
Apollo Tyres ties up with Tata Power to build EV Charging Stations Updated On Thu, Feb 3rd, 2022 by Saurenergy In what could prove to be a major thrust to the ongoing efforts of the industry towards electric vehicle charging stations, tyres giant Apollo has joined hands with Tata Power to create public charging across India. Initially, these charging stations will be deployed at Apollo Tyres’ commercial and passenger vehicle zones. This partnership is aimed at utilising […] Read more
Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed Updated On Thu, Feb 3rd, 2022 by Saurenergy The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […] Read more
MNRE Focus On Residential Rooftop, As National Portal for Subsidy, Net Metering In the Making Updated On Wed, Feb 2nd, 2022 by Saurenergy The Ministry and New and Renewable Energy (MNRE) under Power Minister R.K. Singh finally seems to be paying heed to the crying need for attention from the rooftop solar sector. To give some speed to the reeling rooftop solar segment MNRE has issued a simplified procedure for residential consumers to get the rooftop solar plant […] Read more
200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
