India-Ra Report Predicts Rs 59,000 Crore Losses At Discoms in Fy 21-22 Updated On Thu, Jun 2nd, 2022 by Saurenergy India Ratings Research (Ind-Ra) has released a ready reckoner on financial health of discoms for 2021-22. Ind-Ra has used the data from Power Finance Corporation Limited’s (PFC) report on Performance of State Power Utilities 2019-20, tariff orders from state electricity regulatory commissions and annual reports to carry out the analysis and make FY22 estimates. In […] Read more
Battery Related Fires Singe Sale of E Scooters In May Updated On Thu, Jun 2nd, 2022 by Saurenergy The surging demand for electric scooters seems to have been affected by the spate of battery fires across the country since summer started in earnest. Quality concerns have definitely come to the fore among prospective customers. While rising petrol prices have been pushing more and more people to shift to an electric scooter, the recent […] Read more
US To Add 2.2 GW OF Solar, Wind Energy Every Month For Next 3 Years Updated On Wed, Jun 1st, 2022 by Saurenergy In a sign of the steady and sure progress being made by renewables, the federal Energy Regulatory Commission (FERC) in the US has estimated that over 97% of the new generation capacity added in the US in the first quarter of 2022 was solar and wind energy. However, in terms of generation, the two added […] Read more
Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030 Updated On Wed, Jun 1st, 2022 by Saurenergy Research firm Allied Market Research has signaled bright times for thin film solar manufacturers with a CAGR (Compounded Annual growth rate) of 8.4% predicted for the period upto 2030. Increasing electricity prices, reduced dependence on foreign oil and fossil fuels, and the storage and later usage of power will drive the growth of the global […] Read more
Indian Lithium-Ion And Materials Recycler Attero Plans Major Global Push Updated On Wed, Jun 1st, 2022 by Saurenergy Attero, India’s largest & a leading global Li-Ion battery recycling company, has announced ambitious plans to expand its footprint across the Europe, US and Indonesia markets. With claims on some of the most efficient and patented processes for lithium ion battery recycling for precious metals, Attero claims to be the sole company to profitably recycle […] Read more
Investors In Oil And Gas Assets Could Be Exposed To Increasingly Higher Risks, Says Study Updated On Tue, May 31st, 2022 by Saurenergy The ownership of over 43,000 oil and gas assets has recently been traced to reveal who ultimately loses from misguided investments that become stranded. Stranded assets mean a wealth loss for the owners of the assets. Published in the journal Nature Climate Change on May 26, the study has found the US standing top in the […] Read more
Greta Harper ZX Series-I E-scooter Launched At Rs 41,999 Updated On Mon, May 30th, 2022 by Saurenergy Greta Electric Scooters, a Gujarat-based EV startup, recently announced the launch of Greta Harper ZX Series-I electric scooter at Rs 41,999, ex-showroom price. The company is giving a Rs 2,000 discount as a pre-booking offer, making its effective starting price Rs 39,999, ex-showroom. A press release by the company quoted Raj Mehta, Founder of Greta […] Read more
South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […] Read more
Disruption In Supply Chain Doubles Downtime Days For Solar Developers Updated On Mon, May 30th, 2022 by Saurenergy Disruption in supply chain has reversed the downward trend in average business interruption (BI) claims for renewables developers, according to a report attributing the disruption in supply to surge in energy prices and the COVID-19 pandemic. The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide […] Read more