Etrio Steps Into E4W Light Commercial Vehicle Segment Updated On Thu, May 20th, 2021 by Saurenergy Hyderabad-based electric vehicle (EV) maker Etrio has announced that it is planning to step into the electric 4-wheeler (E4W) light commercial vehicle (LCV) segment along with plans to launch more electric 3-wheeler products. The EV maker also announced its entry into the B2C segment with a pan-India dealership network endeavouring to increase adoption of its […] Read more
TATA Power’s Q4 FY21 Results: Revenues Jump 50% Updated On Fri, May 14th, 2021 by Saurenergy Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […] Read more
Improving Economic Opportunities in Cities can Build Sustainable Futures: ADB Updated On Wed, May 5th, 2021 by Saurenergy A new book released by the Asian Development Bank (ADB) has stated that improving the quality of life, and social and economic opportunities in Asia’s fast-growing cities are instrumental in fulfilling their potential as engines of economic prosperity and hubs for sustainability. ‘Creating Livable Asian Cities’ examines the region’s urbanization challenges and presents solutions across […] Read more
PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA Updated On Tue, May 4th, 2021 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of […] Read more
New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040 Updated On Mon, Apr 26th, 2021 by Saurenergy Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […] Read more
India’s First Li-ion Battery Plant in Karnataka Updated On Tue, Apr 13th, 2021 by Saurenergy Vikram Handa, son-in-law of steel tycoon Sajjan Jindal, set up Epsilon Advanced Materials Pvt in Karnataka in August last year to become the first manufacturer of lithium-ion battery parts in India. Handa’s investment in the plant will be a whopping Rs 60 billion ($807 million) so that 1 lakh tonnes of synthetic graphite anode can […] Read more
Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth Updated On Wed, Apr 7th, 2021 by Saurenergy Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […] Read more
Key Downside Risk in the Wake of BCD Announcement is Delays in Signing of PPAs/PSAs: ICRA Updated On Thu, Mar 25th, 2021 by Saurenergy Given the expected increase in solar tariffs amid the imposition of BCD, the delays in the signing of PPAs/PSAs is a key downside risk in the near term ICRA Ratings has said that policy support and tariff competitiveness factors are likely to continue driving investments in the renewable energy (RE) sector. However, on the flip […] Read more
The Hydrogen Roadmap to 2030. Updated On Tue, Mar 2nd, 2021 by Saurenergy Underpinned by a global shift of regulators, investors, and consumers towards decarbonisation, Hydrogen (H2) is receiving unprecedented interest and investments. And a new report developed collaboratively by the Hydrogen Council and McKinsey & Company, has tried to provide an overview of these developments in the hydrogen ecosystem. The report ‘Hydrogen Insights: A Perspective on Hydrogen […] Read more
