Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
Delhi Premium Bus Aggregator Policy Exempts E-Buses From Licence Fee Updated On Tue, Nov 21st, 2023 by Saurenergy The Delhi transport department issued its Premium Bus Aggregator Policy to pave the way for pre-booking of buses and aggregation. The new rules will govern the licensing of premium buses and their operation in the territory of Delhi. The notification defined an aggregator as “a digital intermediary or a fleet owner or a marketplace for a […] Read more
Falling Module Prices To Ensure Record Solar Capacity Addition in FY24- CRISIL Updated On Tue, Nov 21st, 2023 by Saurenergy Ratings and research agency CRISIL has weighed in on the impact of falling solar module prices. A steady decline in the price of solar modules since October 2022 will boost the internal rate of return (IRR) of 45 GW of utility-scale solar project pipeline1 awarded since fiscal 2021. This, in turn, will propel solar capacity […] Read more
E-Mobility Startup Baaz Bikes Eyes New Subscription Models with $8 Mn Funding Updated On Tue, Nov 21st, 2023 by Saurenergy Baaz Bikes, an electric mobility platform that helps gig workers make deliveries by its in-house designed bikes supported by automated battery swapping infrastructure, has pocketed $8 Mn in its Series A funding round. The funding round was led by BIG Capital based in Singapore. It also saw participation from Japan-based Rakuten Capital, Kalaari Capital, 9Unicorns, […] Read more
RECPDCL Seeks Solar Power Developers for 290 MW Solar Projects with Greenshoe Option Updated On Tue, Nov 21st, 2023 by Saurenergy REC Power Development and Consultancy Limited (a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power) has invited proposals from solar power developers for setting up 290 MW grid-connected solar power projects through tariff-based competitive bidding process. The tender comes with a greenshoe option of additional capacity of 290 MW […] Read more
RenewSys Strikes 100 MW Solar Module Supply Deal with Engie India Updated On Tue, Nov 21st, 2023 by Saurenergy RenewSys, an integrated manufacturer of PV modules, has signed a 100 MW solar module supply agreement with Engie India. This contract is for Engie India’s GUVNL 2 project, operating under a 25-year solar power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL). Naresh Baluja, Chief Commercial Officer of Engie India, says, “We are […] Read more
ReNew Q2 Results-Highest Ever Profits, Portfolio At 13.8 GW Updated On Tue, Nov 21st, 2023 by Saurenergy ReNew Energy Global Plc delivered on its promise to investors with a consistently improved performance for the three-month period ended September 30, 2023. This was indicated in its recent Q2 results. The firm continues to guide for 1.75 GW to 2.25 GW net additions to its portfolio this financial year. This is expected to ramp […] Read more
R&D Steam Turbine Design engineer Updated On Mon, Nov 20th, 2023 by Saurenergy Knowledge of steam turbine design based on steam Rankine cycle. Through knowledge of basic steam turbine design principles. Knowledge of energy transition topics, future upcoming technologies like Organic Rankine cycle etc. Responsible for Concept building, designing, modeling, and drafting of Steam turbine components and assemblies in NX considering full spectrum of design requirements (functionality, robustness, cost […] Read more
Gas Turbine R&D – Mechanical Integrity Engineer Updated On Mon, Nov 20th, 2023 by Saurenergy Energy, Siemens Limited India is seeking a responsible, professional, and self-motivated individual to join the Gas Turbine R&D, Gurgaon as a ‘Mechanical integrity Engineer’. This position provides an exciting opportunity to work in a fast-paced, dynamic, global product development environment. Primary responsibility is to Carry out static/transient, Linear/Non-linear thermal and thermo mechanical FEA (Finite element analysis) […] Read more
