Ahmedabad Municipal Corp Budget 2022-23: Green Energy, EVs in Focus Updated On Fri, Feb 4th, 2022 by Saurenergy Ahmedabad municipal commissioner Lochan Sehra proposed a draft budget of Rs 8,111 crore before the standing committee on Wednesday, laying down plans to promote green energy in the city. While avoiding new taxes and major announcements in the election year, the budget provided a thrust to solar power generation, rainwater harvesting and setting up of […] Read more
Ather Energy, Karnataka ESCOMs to Set Up 1,000 E2W Charging Stations Updated On Fri, Feb 4th, 2022 by Saurenergy A Memorandum of Understanding(MoU) was signed between electric two-wheeler maker Ather Energy and Electric Supply Companies (ESCOMs) of Karnataka in the presence of Chief Minister Basavaraj Bommai on Thursday for setting up 1,000 fast-charging stations across the state. The ESCOMs would be the nodal agency to provide all technical support and government agencies would coordinate […] Read more
Singareni Collieries Will Install 1,000 MW Solar Power Plants In Telangana Updated On Fri, Feb 4th, 2022 by Saurenergy The renewable quest of Telangana has received a shot in the arm with Singareni Collieries Company Limited (SCCL) – one of the key players in the energy sector in that part of the country – coming up with plans for a massive solar power push. In a fresh development, the company is mulling to establish […] Read more
Union Budget Raises Combined Expenditure of IREDA and SECI by 143% Updated On Fri, Feb 4th, 2022 by Saurenergy The 2022 Union Budget has increased the expenditure budget of the two of its premiere agencies that are mandated with enabling a thriving renewable sector – Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI). The budget for the two central firms has been proposed to be raised by a whopping 143 […] Read more
Record Electric Vehicle Sales Worldwide in 2021: Report Updated On Thu, Feb 3rd, 2022 by Saurenergy New electric vehicle (EVs) sales portrayed an ever-increasing trend last year. With a total number of 6.5 million units sold in 2021, the year saw almost every next month set a new record. As per the report by EV Volume, in the last month of December alone, over 907,000 electric cars were sold, a nearly […] Read more
General Motors Fuels $7 Billion in Electric Vehicle Updated On Thu, Feb 3rd, 2022 by Saurenergy US automotive heavyweight General Motors (GM) is a major force in the race to electric mobility in the country. The company’s recent announcement is going to further intensify the competition in the sector as GM plans to make a record-breaking investment of $7 billion towards development of facilities in its headquarters in Detroit, Michigan. This […] Read more
Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project Updated On Thu, Feb 3rd, 2022 by Saurenergy Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […] Read more
IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market Updated On Thu, Feb 3rd, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […] Read more
Corrit Launches Production Facility For Fat Tyre Bike-The Hover Scooter Updated On Thu, Feb 3rd, 2022 by Saurenergy Electric mobility brand Corrit Electric today announced the launch of their first production facility for The Hover Scooter in Greater Noida. Established in 2021, the brand unveiled their first indigenously produced fat tire electric bike – The Hover Scooter, in October last year. Ramping up their offering, the newly launched facility is equipped to manufacture […] Read more
