Tomorrow Water to Provide Wastewater Treatment System for US’ Largest Solar Production Unit Updated On Wed, Aug 9th, 2023 by Saurenergy California-based Tomorrow Water, a global environmental solutions provider, has been selected to design and deliver a wastewater treatment solution. The solution keeps compliance with the regions’ Publicly Owned Treatment Works pretreatment permit limits. Tomorrow Water met the requirements with its capability to provide a cost-effective solution promising a very aggressive turnaround schedule. The contract entails […] Read more
C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio Updated On Mon, Jul 17th, 2023 by Saurenergy Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […] Read more
Sustainability & HSE Specialist Updated On Wed, Jul 12th, 2023 by Saurenergy You will be working as Sustainability & HSE Specialist and will be part of Process Automation business area for Process Industries division based in Bangalore, India. In this role you will be reporting to Global Engineering Manager and will be responsible for monitoring the division’s sustainability, environmental, and HSE performance programs, managing internal reporting requirements […] Read more
Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
EDPR Secures 159 MW Contracts In Italian Wind & Solar Auctions Updated On Sun, Jun 4th, 2023 by Saurenergy EDP Renewables (EDPR) has said that it has been awarded with a 20-year feed-in-tariff (FiT) of EUR 65.17 for every MWh for 159 MW of renewable capacity. The ward was made to EDPR at the eleventh renewable auction in Italy promoted by the Gestore Servizi Energetici (GSE). The capacity awarded to EDPR represents a 43% […] Read more
Sterlite Copper to Source 16 MW Hybrid Renewable Power from Serentica Renewables Updated On Thu, May 25th, 2023 by Saurenergy A power delivery agreement (PDA) has been signed between Serentica Renewables India Pvt (SRIPL) and Sterlite Copper, a subsidiary of Vedanta. The agreement paves the way for Sterlite Copper to source hybrid renewable power of 16 MW capacity for its copper operations in Silvassa. The hybrid project will be established on a captive model. It […] Read more
