Q3 2024: GE Vernova Faces $300Mn Loss Despite Onshore Wind Profitability Updated On Fri, Sep 13th, 2024 by Saurenergy GE Vernova recently released its financial results for 2024, in its financial guidance it posted a revenue trending towards the higher end of $34-$35 billion, adjusted EBITDA margin* of 5%-7%, and free cash flow* of $1.3-$1.7 billion. The company expects incremental strength in its Power and Electrification segments, with both trending towards the higher end […] Read more
EIB, Development Bank Of Southern Africa Grant €600 Mn To Private RE Sector Updated On Fri, Sep 13th, 2024 by Saurenergy The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs. A € 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to […] Read more
Environment Health & Safety Manager – Solar PV Module Manufacturing Updated On Wed, Sep 11th, 2024 by Saurenergy We are seeking a highly skilled and experienced Environment Health & Safety (EHS) Manager to oversee all aspects of environmental health and safety for our Solar PV Module Manufacturing Plant. The EHS Manager will be responsible for developing and implementing environmental health and safety programs, ensuring compliance with local and national regulations, and promoting a […] Read more
Senior Manager/DGM Procurement-Capex-Solar Manufacturing Updated On Wed, Sep 11th, 2024 by Saurenergy The incumbent will lead and oversee the procurement activities related to Capital Expenditures (CAPEX) for solar manufacturing business. This role will be responsible for developing and executing procurement strategies, managing supplier relationships, and ensuring the timely acquisition of materials, equipment, and services needed for CAPEX projects. He will play a key role in optimizing procurement […] Read more
How Extreme Weather Events Are Threatening Wind Projects? Updated On Tue, Sep 10th, 2024 by Saurenergy In May this year, India witnessed the infamous case of a windmill catching fire amid extreme heat waves. The incident was reported from the Jaisalmer district of Rajasthan when the temperatures almost crossed 50 Degree C. Pictures and videos of the ignited windmill were widely shared on social media and spread like a fire among […] Read more
Hartek Appoints Sunil Jit Singh As Its New Group Chief Financial Officer Updated On Mon, Sep 9th, 2024 by Saurenergy Hartek Group, the Punjab-based EPC company, announced the appointment of Sunil Jit Singh as the new Group Chief Financial Officer (CFO). With a rich experience of over 28 years, Sunil Jit will play an instrumental role in strengthening the financial operations of the group. He plans to specifically focus in the areas of financial management, […] Read more
REI 2024 To Be Bigger Than Ever With a Strong Domestic Presence: Julian Thomas Updated On Mon, Sep 9th, 2024 by Saurenergy Can you provide an overview of what attendees can expect at REI Expo 2024 and how it differs from previous editions? The REI Expo aligns with national and international renewable energy goals, supporting government initiatives aimed at increasing the share of renewables in the energy mix and achieving sustainability targets. The Expo brings together stakeholders […] Read more
Suzlon Announces India’s Largest Wind Order Of 1.16 GW From NTPC Updated On Mon, Sep 9th, 2024 by Saurenergy After reporting strong FY 25 Q1 results, Suzlon Group today announced bagging India’s largest wind energy order from NTPC Green Energy Limited (the renewables arm of India’s largest energy conglomerate NTPC Limited) for 1166 MW. Suzlon will install a total of 370 wind turbine generators (WTGs) of S144 equipped with a Hybrid Lattice Tubular (HLT) […] Read more
SolarX Startup Challenge 2024: ISA Enlists 10 Winners From India Updated On Mon, Sep 9th, 2024 by Saurenergy The International Solar Alliance (ISA) has now announced the winners of the SolarX Startup Challenge 2024: APAC edition during the International Solar Festival held at the Bharat Mandapam in New Delhi. Among the enlisted winners, 10 companies are from India. The SolarX Startup Challenge 2024: APAC saw a strong response, with over 270 solar entrepreneurs […] Read more
