India-German Agreement On Indo-German Green Hydrogen Task Force Takes Shape Updated On Wed, May 4th, 2022 by Saurenergy As a precursor to Prime Minister Narendra Modi’s official visit to Germany , India and Germany have signed a pact on Green Hydrogen. India’s Union Minister for Power and New and Renewable Energy, RK Singh and German Minister for Economic Affairs and Climate Change, Robert Habeck signed the joint declaration virtually whereby the two countries […] Read more
Canadian Govt funds project to enhance manufacturing of electric vehicles Updated On Wed, May 4th, 2022 by Saurenergy Prime Minister of Canada, Justin Trudeau has announced that the Canadian Federal Government will investment in project funding for Stellantis – one the leading automakers in Canada – to help the company modernize its assembly plants and heighten the production of electric vehicles in Canada. A press statement emanating from the office of the Prime […] Read more
Aerones Raises $9 Million to Inspect Wind Turbines With Robots Updated On Tue, May 3rd, 2022 by Saurenergy Robot company Aerones – that manufactures robots to serve wind turbines – has announced an important milestone in its history whereby it has raised $9 million in seed funding to further accelerate global scaling of robotic wind turbine maintenance and inspection. The official statement has informed that the round was led by Future Positive Capital, […] Read more
NSEFI Writes To Fin Min For GST Concessions On Green Technologies Updated On Mon, May 2nd, 2022 by Saurenergy Leading solar body NSEFI (National Solar Energy Federation of India) has pitched to Finance Minister Nirmala Sitharaman, asking for concessional GST and custom duties on emerging technologies and goods essential to encouraging the green transition. “As emerging technologies require time and scale to reach price parity with existing carbon-based energy systems, concessional GST & Custom […] Read more
NGSL Signs Pact With African Bloc For RE Development In Africa Updated On Mon, May 2nd, 2022 by Saurenergy NTPC GE Power Services Limited (NGSL) has inked a tripartite Memorandum of Engagement (MoE) with The Lake Region Economic Bloc (LREB), Kenya and Procorp Enertech Private Limited (PEPL) where the three entities will cooperate for the development of solar power projects in Africa. The official statement says that the MoE specifically envisages installations of ground […] Read more
Envision Energy Gets 2000 MW Wind Turbine Orders in India Updated On Fri, Apr 29th, 2022 by Saurenergy Chinese wind turbines and energy management software provider, Envision Energy has announced that it has been awarded a 2000 MW (2GW) wind turbine order in India. Envision has said that a total of 596 wind turbines, all manufactured in Envision’s India factory, will be delivered by the end of 2023. The official statement of Envision held […] Read more
IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline Updated On Thu, Apr 28th, 2022 by Saurenergy India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are: (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […] Read more
Saudi Arabia will Purchase Up to 100,000 Electric Vehicles from Lucid Group Updated On Thu, Apr 28th, 2022 by Saurenergy America’s electric vehicle manufacturer Lucid Group has announced that it has signed an agreement with the Government of Saudi Arabia, under which the Government will purchase up to 100,000 vehicles over a ten-year period. Saudi Arabia has made an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 […] Read more
Tata Motors will supply 5000 electric vehicles to Lithium Urban Technologies Updated On Wed, Apr 27th, 2022 by Saurenergy Tata Motors has agreed with Bengaluru-based and Eversource Capital owned Lithium Urban Technologies which will deploy 5000 Xpres T Electric Sedans throughout India for the transportation of employees. Lithium Urban Technologies provides urban transportation services but only with electric vehicles. Tata Motors has informed that the deliveries of the electric vehicles will be done in […] Read more
