Indian Oil Corporation to Build Country’s First Green hydrogen Plant Updated On Thu, Jul 22nd, 2021 by Saurenergy India’s largest oil firm, Indian Oil Corporation Limited (IOC) has announced plansto build the first-ever commercial green hydrogen plant at its Mathura refinery in Uttar Pradesh. IOC has taken this step intending to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the […] Read more
bp & EnBW make £10 bn Joint Bid for Scottish Offshore Wind Projects Updated On Tue, Jul 20th, 2021 by Saurenergy Oil giant bp and Germany-based EnBW have submitted a joint bid, representing a a potential £10 billion investment, for Scottish offshore wind acreage which could support wind projects with 2.9 GW of capacity. The companies have applied for a lease area off the east coast of Scotland for the development of the project. But the bid seeks […] Read more
MYSUN Partners with TATA Cleantech Capital to raise Rs. 15 Crore Updated On Tue, Jul 20th, 2021 by Saurenergy India’s rooftop solutions company, MYSUN, has partnered with TATA Cleantech Capital Ltd (TCCL), a joint venture between Tata Capital Limited and a US company International Finance Corporation, to raise Rs 15 crore in debt funding for its solar portfolio expansion. The company had recently launched its solar asset vehicle MYSUN+ to develop solar projects under […] Read more
ETO Motors Arrives In Hyderabad During ‘Go Electric’ Campaign Updated On Wed, Jun 30th, 2021 by Saurenergy Hyderabad-based electric mobility as a service (EMaaS) provider, ETO Motors showcased its passenger and cargo vehicles ETO TRILUX & ETO Bulke Plus at the launch of the ‘Go Electric’ Campaign in Hyderabad. The campaign has been supported by the Bureau of Energy Efficiency (BEE) and Telangana State Renewable Energy Development Corporation Ltd. (TSREDCO). ETO Motors deploys electric […] Read more
DHI Increases Incentives for Electric Two Wheelers Under FAME II Updated On Mon, Jun 14th, 2021 by Saurenergy In a constant push towards dynamic electric vehicle (EV) adoption in the country, the Department of Heavy Industries (DHI) has brought up some partial modifications in the FAME II (Faster Adoption and Manufacturing of Electric Vehicles in India Phase II). DHI has increased the demand incentives by 50 percent for the electric two-wheeler (E2Ws). Hence, […] Read more
Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report Updated On Mon, Jun 14th, 2021 by Saurenergy Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […] Read more
Delhi’s 2041 Draft Master Plan Foresees 50 Percent Energy From Renewables Updated On Fri, Jun 11th, 2021 by Saurenergy Delhi’s Draft Master Plan (MPD 2041) for the next two decades was formally release for public feedback and attention . The MPD is relevant, simply because it lays the roadmap for the city’s development for the next two decades. Previous masterplans have suffered various amendments and changes, almost all driven by political necessities. Basic necessities, […] Read more
Magenta Closes Series A Round With new Commitments Worth $15 Mn Updated On Fri, May 21st, 2021 by Saurenergy EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […] Read more
California State Fund Begins Construction of Solar Energy Program Designed by ENGIE Updated On Thu, May 20th, 2021 by Saurenergy State Compensation Insurance Fund (State Fund), California’s leading provider of workers’ compensation insurance, today announced that construction has begun on an extensive sustainability and solar energy program that includes solar, electric vehicle charging stations and energy storage at seven locations throughout California. Designed and constructed by ENGIE North America, through its affiliate ENGIE Services U.S. […] Read more