Cipla to Acquire 32% Stake in AMP Energy Green Eleven Updated On Mon, Feb 7th, 2022 by Saurenergy India’s major drug manufacturer Cipla has signed a pact to acquire about a one-third stake in AMP Energy Green Eleven. The move is designed to set up a captive solar power project in the state of Maharashtra. Captive generation rules generally mandate that the key consumers must have a minimum 26% stake in the renewable […] Read more
WB E-Vehicle Plans Stumped by Shortage of Lithium-ion Batteries Updated On Mon, Feb 7th, 2022 by Saurenergy The high dependence on imported lithium ion batteries (cells) is taking a toll on the vehicle industry that looks for a quick and quality transition from fossil fuel based to electricity mode. This time the Transport Minister of West Bengal – Firhad Hakim – has said that the state is not able to expand its […] Read more
Ather Energy, Karnataka ESCOMs to Set Up 1,000 E2W Charging Stations Updated On Fri, Feb 4th, 2022 by Saurenergy A Memorandum of Understanding(MoU) was signed between electric two-wheeler maker Ather Energy and Electric Supply Companies (ESCOMs) of Karnataka in the presence of Chief Minister Basavaraj Bommai on Thursday for setting up 1,000 fast-charging stations across the state. The ESCOMs would be the nodal agency to provide all technical support and government agencies would coordinate […] Read more
IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market Updated On Thu, Feb 3rd, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […] Read more
APTEL Favors Solar Developers On Tariff Denial by BERC Updated On Thu, Feb 3rd, 2022 by Saurenergy In a recent judgement, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of three solar developers who were aggrieved on account of being denied the benefit of a certain tariff determination by an order passed by Bihar State Electricity Regulatory Commission (BERC). The developers — Responce Renewable Energy Ltd, Glatt Solutions Pvt Ltd, […] Read more
ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22 Updated On Thu, Feb 3rd, 2022 by Saurenergy Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company. In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […] Read more
Software, Principal Technical Expert Updated On Wed, Feb 2nd, 2022 by Saurenergy In this Job, you will be part of our EcoStruxure Innovation Journey. Our 3 layered EcoStruxure platform consisting of Connected Devices, Edge Control, Apps/Analytics & Services on Cloud. You will be contributing in developing core technologies related to Edge Control layer and Apps/Analytics and services layer of the EcoStruxure platform. We are looking for a […] Read more
Electronics Hardware, Staff Senior Design Engineer Updated On Wed, Feb 2nd, 2022 by Saurenergy The candidate will be fulfilling electronic engineering missions related to Schneider Electric’s molded-case circuit breaker (MCCB) offers managed by the Accessories & Auxiliaries Squad. Organization Structure:- The candidate will report hierarchically to the Deputy General Manager in the Power Products Division EU&I HUB / R&D Engineering organization. The interactions and the key stakeholders are multiple […] Read more
Led by Amazon, Corporates Bought 31.1 GW Clean Energy in 2021: BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous year’s record of 25.1GW, according to research firm BloombergNEF (BNEF). Over two thirds of this purchasing (65%) occurred in the U.S. However, also underpinning the strong growth is a surge in activity […] Read more
