CRISIL Report on Getting Charged Updated On Fri, Feb 14th, 2020 by Saurenergy By 2024, as much as 43-48 percent of new 3-wheelers (excluding e-rickshaws), and 12-17 percent of new two-wheelers sold in India will be electric vehicles (EVs), a study by CRISIL Research has shown. But traction may be low for 4-wheelers, with only 5 percent of new sales likely to be EVs. The study looked at […] Read more
Adani Transmission Q3 Net Profit Zooms 32% to Rs 204 Cr Updated On Thu, Feb 13th, 2020 by Saurenergy Adani Transmission Ltd (ATL), an arm of the Adani Group, has reported a jump of 32 per cent in its consolidated net profit after taxes (PAT) at Rs 204 crore for the third quarter ended December 31, 2019, strongly driven by superlative operational performance. “The consolidated net profit of the company stood at Rs 154 crore […] Read more
Hyundai & Canoo to Co-Develop Electric Platform for Future EVs Updated On Wed, Feb 12th, 2020 by Saurenergy Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs Hyundai Motor Group and Canoo have announced that Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs. As part of […] Read more
MSEDCL Subsidy Scam Highlights Attitude To Solar Power in Maharashtra Updated On Mon, Feb 10th, 2020 by Saurenergy Maharashtra’s latest ‘scam’ potentially shows up just why getting discoms on board to promote renewable power is so difficult. A MERC (Maharashtra Electricity Regulatory Commission) appointed committee has filed a report that accuses the state power distribution utility, Mahavitaran or MSEDCL as its English moniker goes, of outright fraud. The report claims that MSEDCL has […] Read more
Sub-Saharan African Nations saw Record Jump in Renewables Investments in 2018: BNEF Updated On Mon, Feb 10th, 2020 by Saurenergy The year 2018 saw USD 2.8 billion spent on RE projects in sub-Saharan Africa – a regional record and some USD 600 million more than the previous year The year 2018 saw USD 2.8 billion spent on renewable (RE) projects in sub-Saharan Africa (excluding South Africa) – a regional record and some USD 600 million […] Read more
JinkoSolar Retains top Spot in Global Solar PV Module Shipments for 2019: GlobalData Updated On Mon, Feb 10th, 2020 by Saurenergy JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, GlobalData has revealed Chinese solar module manufacturer JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, securing the top position in GlobalData’s 2018 ranking produced last year. The […] Read more
Why India’s Thermal Woes Cast A Shadow Over Renewable Plans Updated On Fri, Feb 7th, 2020 by Saurenergy It’s all about the money. The money needed to clean up discoms, and soon, the money needed to clean up the mess in India’s thermal energy sector. By now, it is well known that one of the biggest impediments to India’s ambitious renewable energy goals is the state of its state distribution firms. Or discoms, […] Read more
Could Renewables Displace Conventional Fuels in Asia in 2020s? Updated On Fri, Feb 7th, 2020 by Saurenergy In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […] Read more
US DOE Announces $297 Mn for Sustainable Transportation Research Updated On Tue, Feb 4th, 2020 by Saurenergy The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies. The investment, split up between three, separate funding […] Read more