Govt. Clarifies Fiscal Benefits For Solar Installations In SEZs, Empowers Developers Updated On Fri, Jun 28th, 2024 by Saurenergy The Export Promotion Council for Export-Oriented Units (EoUs) and Special Economic Zones (SEZs), functioning under the Commerce Ministry, has provided clarifications to developers seeking to procure or import solar panels with fiscal benefits. The Ministry notified SEZ developers that they can establish non-conventional power plants as part of the infrastructure, eligible for fiscal benefits during […] Read more
Tata Motors Acquires Ford’s Sanand EV Facility Updated On Fri, Jun 28th, 2024 by Saurenergy To expand its capacity for both production and sales, Tata Motors has acquired a former Ford India manufacturing site located in Sanand, Gujarat. The facility was purchased for approximately Rs 725.7 crore, with an additional Rs 1,300 crore allocated for retooling. It is currently known as the Tata Passenger Electric Mobility (TPEM) facility. Electric vehicles […] Read more
ENGIE Signs PPA for 200 MW Solar PV Project With GUVNL Updated On Fri, Jun 28th, 2024 by Saurenergy ENGIE, a leader in low-carbon energy solutions, has announced the signing of Power Purchase Agreement (PPA) for a 200 MW Solar Photovoltaic (PV) project. This project is part of Gujarat Urja Vikas Nigam Limited’s (GUVNL) larger project encompassing 1,125 MW grid-connected Solar PV power projects, to be established within the Gujarat State Electricity Corporation’s Renewable […] Read more
Head Quality Updated On Fri, Jun 28th, 2024 by Saurenergy Quality Governance:- Oversee preparation of the Project Supply Quality Plans, Quality Control, Plans and Project Quality Procedures which guarantee compliance to contractual requirements Lead development, implementation, maintenance, improvement of system, and processes that ensure the correct documentation/ information/ instructions and that changes are implemented on time Vendor Development:- Developing reliable partners for product supply and […] Read more
Manager Sr Manager Business Planning Strategy Updated On Fri, Jun 28th, 2024 by Saurenergy Key Accountabilities:- Supporting the development of long-term organizational strategy. Monitoring and analysing the current system of VSL’s BU to check its effectiveness, and working out a strategy for improvement. Conduct studies and research to discover a more effective approach to run the business Work hand-in-hand with multiple stakeholders to develop, write and document processes to […] Read more
e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization Updated On Fri, Jun 28th, 2024 by Saurenergy e-Zinc, the Toronto-based company enabling sustainable, long-duration energy storage with its zinc-air battery, has announced it has raised an additional USD $31 million in follow-on funding to its $25 million Series A round. This oversubscribed Series A2 round was led by Evok Innovations, with additional investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners. e-Zinc’s […] Read more
SolarinBlue Obtains €6 Million Public Funding For French Offshore Wind Project Updated On Thu, Jun 27th, 2024 by Saurenergy SolarinBlue’s offshore solar success story continues in the Mediterranean Sea. SolarinBlue, a French deeptech start-up, develops a floating photovoltaic solar solution specially designed for the maritime environment. SolarinBlue and its partners have secured major public support for their new pre-commercial demonstrator Méga Sète. Funding of 6 million euros has been granted by the French Government […] Read more
Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more
Moody’s Report Calls For Sustainable Financing To Shift Towards RE In India Updated On Thu, Jun 27th, 2024 by Saurenergy Moody, a financial service company, in its recent report, found a growing challenge faced by the renewable energy sector due to water scarcity in India. The report advocated for a shift towards renewable energy investments to mitigate these risks. Moody’s report cautions against a decrease in the per capita water due to its increased usage […] Read more
