Hero Electric Revenues Go Past Rs 850 Cr in Fy22 Updated On Mon, Dec 26th, 2022 by Saurenergy On the back of a 2.8X surge in operating income, Hero Electric has ascended to top position in the electric vehicle ecosystem in terms of revenues during FY22. Okinawa and Ather posted Rs 822 crore and Rs 408 crore topline respectively while Hero Electric generated Rs 841 crore from its operations in FY22 even while […] Read more
REC Trading Market Suffers a Hit, Again, As High Court Suspends Trading For 6 Weeks Updated On Mon, Dec 26th, 2022 by Saurenergy The market for trading in Renewable Energy Certificates (RECs) has suffered a fresh blow with the Delhi High Court suspending trading in certificates issued before October 31, 2022 for six weeks. The high court passed its interim orders in response to a petition from the Indian Wind Power Association Northern Region Council’s that challenged the […] Read more
Moxion Power’s Mission To Replace DG Sets With EV Batteries Backed By Amazon, Microsoft Updated On Sat, Dec 24th, 2022 by Saurenergy Governments and investors all across the globe are investing in clean energy technologies, projects, and startups. Replacing dirty and inefficient diesel generators has also interested two of the world’s biggest tech giants. Amazon and Microsoft are investing in a clean energy startup called Moxion Power that aims to replace diesel generators with zero-emission electric batteries. […] Read more
Solar Projects Of 486-MW Allotted In Poland Auctions Updated On Fri, Dec 23rd, 2022 by Saurenergy The latest round of auctions of renewable energy by the Energy Regulatory Office in Poland has drawn a poor response. It allocated a mere 8.5 TWh of renewable energy capacity out of 34 TWh that was up for offer. The bright spot in the entire episode has been for the solar industry of Poland. The […] Read more
EV Manufacturer Saera Inks Contract Manufacturing Agreement with ETO Motors Updated On Fri, Dec 23rd, 2022 by Saurenergy Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) has set sights on augmenting its growth by signing a contract manufacturing agreement with ETO Motors, a leading provider of EMaaS (Electric Mobility as a Service) and CaaS (Charging/Energy as a Service) solutions. By reinventing corporate and public transportation with their mobility and energy solutions, […] Read more
SolarManufacturer CubicPV to Build 10 GW Silicon Solar Wafer Facility in USA Updated On Fri, Dec 23rd, 2022 by Saurenergy American solar manufacturer CubicPV has announced that it has planned to establish 10 GW of conventional mono wafer capacity in the United States. The objective of the firm is to fill a marked void in the silicon solar value chain and capitalise on its expertise in silicon wafer production. The planned factory will be the […] Read more
DWSS Floats 8.7 MW of Solar Tender to Power Water Supply Systems in Punjab Updated On Fri, Dec 23rd, 2022 by Saurenergy State-owned Department of Water Supply and Sanitation (DWSS) has invited bids to install 8.7 MW capacity solar projects at 970 rural piped water supply systems in Punjab. The last date for submitting the bid for this DWSS solar tender is January 12, 2023, and the bid will be opened on January 13, 2023. The scope […] Read more
World Bank Approves $311 Million for Renewable Energy in West Africa Updated On Fri, Dec 23rd, 2022 by Saurenergy The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […] Read more
Apollo Tyres to Increase Renewable Power Share to 25% by 2026 Updated On Fri, Dec 23rd, 2022 by Saurenergy More and more firms worldwide are striving to become carbon neutral and increase the share of renewable energy in their energy mix to power operations. Leading tyre manufacturer Apollo Tyres is among the latest firm to jump onto this bandwagon. Apollo Tyres has revealed in its new ESG (Environment, Social and Governance) commitment that the […] Read more
