Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030 Updated On Thu, Sep 24th, 2020 by Saurenergy Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […] Read more
Geospatial Tool Launched to Aid in Faster Deployment of RE Projects Updated On Thu, Sep 24th, 2020 by Saurenergy The India chapter of non-profit Nature Conservancy has launched a geospatial tool for helping make better choices in selecting land for siting RE projects The India chapter of science-based non-profit Nature Conservancy has launched a geospatial tool for helping decision-makers, investors, and financiers to make better choices in selecting land for siting renewable energy (RE) projects like solar and […] Read more
PepsiCo Announces Target for 100% Renewable Electricity by 2030 Updated On Tue, Sep 22nd, 2020 by Saurenergy PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […] Read more
Enel X Awarded Grants for Future Electrification of Bus Fleets Updated On Tue, Sep 22nd, 2020 by Saurenergy Enel X has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). Enel X, the Enel Group’s advanced energy services business line, has announced it has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). […] Read more
Gujarat Government Announces Subsidy for Electric Vehicles Updated On Fri, Sep 18th, 2020 by Saurenergy The Gujarat government has announced a new scheme for the promotion of electric vehicles in the state, under which it will be offering a subsidy to buyers. The Gujarat government has announced a new scheme for the promotion of electric vehicles (two and three-wheelers) in the state, under which it will be offering a subsidy […] Read more
Delhi Govt Agencies Begin Planning for Citywide EV Charging Network Updated On Fri, Sep 18th, 2020 by Saurenergy All government agencies in Delhi will carry out a comprehensive planning exercise to identify locations for setting up public EV charging stations. All government agencies in Delhi including the three MCDs, NDMC, DDA, PWD, transport department, DTC, DMRC, and DSIIDC will carry out a comprehensive planning exercise over the next two weeks to identify concessional […] Read more
TN, AP and Telangana Account for 71% Discom Dues to RE Generators Updated On Thu, Sep 17th, 2020 by Saurenergy Discoms are the weakest link in the entire value chain of the Indian electricity sector. Their inability to pay generators on time, manage their losses and improve on other inefficiencies weighs down the entire power sector. Discoms in India have been functioning sub-optimally and have even been described as a “leaking bucket”, due to their […] Read more
Exide Forms Li-ion JV; Working on Solutions for Hybrids and EVs Updated On Thu, Sep 17th, 2020 by Saurenergy Lead-acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles (EVs), the firm confirmed on said on September 15, 2020. A lithium-ion JV has been formed and is well placed with an assembly line having a capacity of 1.5 GWh, it said. “The company is developing advanced […] Read more
Over 27,000 EVs Supported Under FAME-II Scheme so far: Javadekar Updated On Wed, Sep 16th, 2020 by Saurenergy The central government has so far supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under FAME-II The central government has so far (until September 10, 2020) supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under the phase […] Read more