Storage Major Fluence Energy Targets $744 Million IPO Updated On Wed, Oct 20th, 2021 by Saurenergy Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany’s Siemens AG (SIEGn.DE) and U.S.-based AES Corp (AES.N), […] Read more
B.Tech In Energy Engineering At IIT Delhi To Start From Coming Session Updated On Wed, Oct 20th, 2021 by Saurenergy The Indian Institute of Technology (IIT) Delhi has announced a new undergraduate course– B.Tech. in Energy Engineering, that will be offered by the institute’s department of energy science and engineering (DESE). The move comes even as the opportunities, and requirements for skilled energy professionals skyrockets, with the country in the midst of a massive energy […] Read more
Singareni Collieries Tenders for PMC For 250 MW Floating Solar Project Updated On Tue, Oct 19th, 2021 by Saurenergy Telangana-based Singareni Collieries Company Limited (SCCL), a JV between the Government of India and the Government of Telangana, has issued a tender calling for Project Management Consultancy for a 250 MWp (DC) floating solar at Lower Manair Dam (LMD), Karimnagar. For Singareni Collieries Company Limited (SCCL), which recently inaugurated 37 MW of solar plants at […] Read more
Fotowatio Sells 49% In Australia Arm To OMERS Infrastructure Updated On Mon, Oct 18th, 2021 by Saurenergy Fotowatio Renewable Ventures (FRV), a leading Spanish developer of utility-scale renewable energy projects and part of Abdul Latif Jameel Energy, have today announced the sale of a 49% interest in FRV Australia Group to OMERS Infrastructure (the “Transaction”). Under the terms of the Transaction, OMERS Infrastructure will acquire a 49% interest in FRV’s Australian renewable energy platform, […] Read more
MSEDCL Invites Vendor Bids for 200 MW Residential Rooftop Empanelment Updated On Mon, Oct 18th, 2021 by Saurenergy Residential rooftop solar continues to move ahead after a period of dormancy. The latest to add to the push is Maharashtra, where the key state discom, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids for vendors for 200 MW of grid-connected residential rooftop solar systems under the capital expenditure (CAPEX) model. The […] Read more
Huawei Signs Contract With SEPCOPIII For Red Sea Project Updated On Mon, Oct 18th, 2021 by Saurenergy Huawei Digital Power ended its Global Power Summit 2021 in Dubai with a spectacular light show with the theme ‘Building a Low-carbon and Green Future’. The company claims that over 500 participants from 67 countries attended the summit. Among other things, at the summit Huawei signed MoUs with Grupo IMELSA and HYBRICO Energy for strategic […] Read more
Sterlite Power Wins Nangalbibra-Bongaigaon ISTS power transmission bid In North-East Updated On Mon, Oct 18th, 2021 by Saurenergy Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded the Nangalbibra─Bongaigaon inter-state power transmission project worth INR 324 Cr through tariff-based competitive bidding (TBCB) by virtue of emerging as the L1 bidder. The project elements consist of a new 220/132 kV substation at Nangalbibra and laying of ~130 km […] Read more
Biden’s 30 GW Offshore Wind Plans Face Many Headwinds Updated On Mon, Oct 18th, 2021 by Saurenergy Plans to lease much of the U.S. coastline — from the Gulf of Mexico to the Northeast, California and Oregon — for offshore wind farms by 2025 are likely to face a steady barrage of resistance from various constituents, as renewable energy faces the biggest problem fossil fuels largely bypass. The NIMBY syndrome, or (Not […] Read more
Belgian Cabinet Agrees to Expand Key Offshore Wind Zone to 3.5 GW Updated On Mon, Oct 18th, 2021 by Saurenergy The Belgian government has confirmed plans to expand the offshore wind capacity that will be made available in the Princess Elisabeth zone in the North Sea to up to 3.5 GW. The area was originally planned to host about 1.75 GW of offshore wind capacity. Covering an area of 281 sq km, Princess Elisabeth will […] Read more