Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
Delhi Reports Highest Penetration Of Electric Buses In India Updated On Fri, Sep 8th, 2023 by Saurenergy The latest data from the newly launched Clean Mobility Shift dashboard claimed that Delhi is spearheading the race to adopt electric buses nationwide. The latest sales figures in 2023 claimed that Delhi witnessed the sales of 442 electric buses this year, the highest by any Indian state/UT. Moreover, in terms of penetration of electric buses, Delhi leads in […] Read more
Hitachi Energy Wins Order from Ayana Renewable Power for 300 MW Solar Project Updated On Fri, Sep 8th, 2023 by Saurenergy Hitachi Energy India Limited (Hitachi Energy) has won a contract from Ayana Renewable Power, an Independent Power Producer in the country, to provide a grid connection solution for their upcoming 300-megawatt (MW) solar photovoltaic power plant in Bikaner, Rajasthan. Hitachi Energy has been working closely with Ayana Renewables for this project to co-create an optimized […] Read more
Cabinet Approves Rs 3,760cr For VGF Scheme On Battery Storage Updated On Wed, Sep 6th, 2023 by Saurenergy Union Minister Anurag Thakur said that the Union Cabinet today approved a special scheme of Viability Gap Funding (VGF) for the battery energy storage system manufacturers in India. After the Cabinet meeting, he briefed the media on the issue today in New Delhi. Prime Minister Narendra Modi chaired the meeting. The announcement came days before […] Read more
Larger Cities Set To Get 150 E-Buses Under PM eBus Sewa Updated On Wed, Sep 6th, 2023 by Saurenergy The Ministry of Housing and Urban Affairs (MoHUA) has now released its Prime Minister eBus Sewa guidelines. Earlier on August 16 this year, the Union Cabinet had approved the scheme for augmenting electric mobility in Indian cities. The scheme aims to deploy 10,000 e-buses under PPP mode in 169 Indian cities. The scheme aims to […] Read more
India On A Right Track Towards Net-Zero But Need Finances: Report Updated On Wed, Sep 6th, 2023 by Saurenergy A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […] Read more
IREDA & IIFCL Unite for Financing of Renewable Energy Projects Updated On Tue, Sep 5th, 2023 by Saurenergy A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […] Read more
Increased Wind, Hydro Power Surged Renewable Generation In July Updated On Mon, Sep 4th, 2023 by Saurenergy An analysis of the latest monthly renewable energy generation data from the Central Electricity Authority (CEA) claimed that the increased generation of clean energy from wind power projects and small and hydropower projects led to an overall increase in non-fossil fuel energy generation in July this year. However, the data also revealed that solar energy generation during […] Read more
