CERC Finally Restarts, Will APTEL Pick Pace Now? Updated On Thu, Jan 21st, 2021 by Saurenergy With the Supreme Court yesterday allowing the Central Electricity Regulatory Commission (CERC) to resume administrative operations, the stage is finally set for a semblance of normality to return to some of the highest dispute resolution bodies in the Indian power sector. While the CERC was effectively shut down by the SC since August last year, […] Read more
Ampere Electric Designates Roy Kurian as New COO of Entire EV Business Updated On Thu, Jan 21st, 2021 by Saurenergy The electric mobility subsidiary of Greaves Cotton Ltd., Ampere Electric has appointed Roy Kurian as Chief Operating Officer (COO) to oversee the complete E-mobility Business of electric 2-Wheelers (E2Ws) and electric 3-Wheelers (E3Ws). Earlier, Roy was associated with Yamaha Motors for 17 years as the SVP where he was executing strategic direction to the company […] Read more
Hyundai India Signs MoU with FITT – IIT Delhi, Donates KONA Electric Updated On Thu, Jan 21st, 2021 by Saurenergy The Indian subsidiary of South Korean multinational automotive manufacturer, Hyundai Motor India Foundation has signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT) – IIT Delhi. This collaboration is being done for IIT Delhi students to study alternate energy powered vehicles and emerging technologies to innovate new-age mobility solutions. The […] Read more
FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac Updated On Wed, Jan 20th, 2021 by Saurenergy All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […] Read more
EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
229.25 RE Capacity Added in First 10 Months of FY21 in Andhra Pradesh Updated On Wed, Jan 20th, 2021 by Saurenergy Data from NREDCAP has revealed that in the first 10 months of the FY21, Andhra Pradesh had 229.25 MW of RE capacity connected to its grid. The New and Renewable Energy Development Corporation of AP (NREDCAP) has issued the updated status of renewable energy (RE) projects commissioned in the state of Andhra Pradesh (until January […] Read more
GM & Cruise Partner With Microsoft to Commercialise Self-Driving EVs Updated On Wed, Jan 20th, 2021 by Saurenergy GM and Cruise have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving EVs. General Motors (GM) and Cruise, have announced that they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving electric vehicles (EVs). As per the partnership agreement, the companies will bring together their […] Read more
US to Deploy 50 Million EVs by 2030, Accelerating EV Adoption Updated On Wed, Jan 20th, 2021 by Saurenergy The Rocky Mountain Institute (RMI) has released a report, ‘Racing to Accelerate Electric Vehicle Adoption: Decarbonizing Transportation with Ridehailing’. The Report gives insights into the Decarbonization goals of the US. As the race is on to deploy over 50 million electric vehicles (EVs) in the United States in the coming ten years. That will put […] Read more
Kia Introduces Future Brand Ambition, Announces Release of First BEVs Updated On Tue, Jan 19th, 2021 by Saurenergy Global mobility brand Kia has announced new details of its new brand purpose and ambitions for the future at a digital showcase event. It has come up with a new brand slogan ‘Movement that inspires’, which will see the company go beyond vehicle manufacturing to create sustainable mobility solutions for customers. Additionally, Kia has announced […] Read more
