Global EV Charging Station Market to Reach $93 Billion by 2027: Report Updated On Tue, Aug 17th, 2021 by Saurenergy The global Electric Vehicle Charging Station (EVCS) market has been fuelled by a growing awareness of environmental conservation and carbon emission reduction. Hence, it has been estimated that the global EVCS market will grow at a compound annual growth rate (CAGR) of 20% from 2021 to 2027 and reach $93 billion by 2027, according to […] Read more
States with Attractive Subsidies Under Their EV Policies Updated On Tue, Jul 20th, 2021 by Saurenergy States with new or modified Ev policies giving subsidies over and above the central government’s subsidies under FAME II. The country is in a constant hustle to ramp up EV adoption. Although the central government has brought up schemes like Faster Adoption and Manufacturing of Electric Vehicles (FAME I and FAME II). Recently the government […] Read more
Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC Updated On Wed, Apr 28th, 2021 by Saurenergy In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […] Read more
Ola E-scooters and Hypercharger Network to Hit Market in July 2021 Updated On Fri, Apr 23rd, 2021 by Saurenergy Ola Electric, the electric vehicle arm of homegrown ride hailing firm Ola, announced yesterday that it will launch its much anticipated electric scooter in India as well as global market by July 2021, along with establishing a Hypercharger Network which will comprise 1 lakh charging points across 400 Indian cities. The company claims that the […] Read more
ISGF Paper Proposes new Revenue Opportunites For Electric Utilites Updated On Sat, Apr 17th, 2021 by Saurenergy A new white paper entitled New Revenue Opportunities for Utilities, which highlights various opportunities for revenue generation for utilities through digitalising the power sector and unlocking existing infrastructure and services, has been published by India Smart Grid Forum- a public private partnership initiative of Ministry of Power for accelerated development of smart grid technologies in the […] Read more
MoRTH Launches ‘Go Electric’ Campaign To Promote E-Mobility & E-Cooking Updated On Fri, Feb 19th, 2021 by Saurenergy Union Minister Nitin Gadkari today launched the ‘Go Electric’ campaign of the Bureau of Energy Efficiency (BEE) to promote and spread awareness on electric mobility, EV charging infrastructure, and clean and safe electric cooking in India. Minister for Road Transport & Highways and the Minister of Micro (MoRTH), Nitin Gadkari, the Minister of Power and […] Read more
Gulf Oil Lubricants to Explore EV Charging Options, with Gulf Oil International Updated On Fri, Feb 12th, 2021 by Saurenergy Mumbai based Hinduja Group, lubricant manufacturing, and marketing company, Gulf Oil Lubricants India has announced its partnership with Gulf Oil International to explore and invest in electric vehicle charging opportunities. Gulf Oil Lubricants India Ltd (GOLIL) has signed an agreement with Gulf Oil International (GOI) to participate and co-invest in Gulf Oil International’s recent investment […] Read more
Global EV Sales to Reach 62 Mn per Year by 2050: WoodMac Updated On Wed, Feb 10th, 2021 by Saurenergy In its latest report, Wood Mackenzie has revealed that Electric Vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock reaching over 700 million. The report suggested, shortly before that date, in 2047, battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV) and fuel cell […] Read more
EESL Plans to Install 500 More EV Charging Stations in FY21 Updated On Mon, Jan 4th, 2021 by Saurenergy “EESL is striding towards installing at least 500 chargers by the end of the financial year,” said Rajat Sud, EESL Managing Director. The joint venture of PSUs under the Ministry of Power, the Energy Efficiency Services Limited (EESL) has proclaimed to install at least 500 more electric vehicle (EV) charging stations in the country during […] Read more
