PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid Updated On Mon, Jan 17th, 2022 by Saurenergy Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […] Read more
Italian Oil Giant Eni Buys 800 MW Solar Portfolio in Greece Updated On Fri, Jan 14th, 2022 by Saurenergy Italian energy group Eni, through Eni gas e luce, has acquired the Greek company Solar Konzept Greece for an undisclosed amount as part of its plans to shift away from oil and gas. Solar Konzept Greece previously belonged to Solar Konzept International, which is majority owned by Aquila Capital, a sustainable investment and asset development company, […] Read more
C&I Maintenance – Shift Engineer Updated On Fri, Jan 14th, 2022 by Saurenergy To perform shift duties and C&I maintenance activities of boiler, DCS & field instruments during shift. He will be responsible for activities performed during shift. He has to handle emergencies and has responsibility for creating safe and environmentally secure work environment. Roles and Responsibilities:- Handle C&I shift duty and responsible to attend defects of Boiler […] Read more
MNRE Widens ALMM Ambit To Cover Open Access, PM KUSUM. Domestic Manufacturers To Benefit Updated On Fri, Jan 14th, 2022 by Saurenergy In an office memorandum dated January 13, the Ministry of New and Renewable Energy (MNRE) has delivered on a promise made by Power and MNRE Minister R.K. Singh earlier to cover all govt. assisted projects under the ALMM scheme. The minister had contended that they have been advised that even projects availing of benefits like […] Read more
GIP Invests $500 M in BrightNight’s Innovative RE Solutions Updated On Thu, Jan 13th, 2022 by Saurenergy Global Infrastructure Partners (GIP), together with its co-investors, announced that it has closed on a $500 million investment in renewable independent power producer (IPP) BrightNight. BrightNight aims to provide next generation power solutions by combining multiple renewable energy technologies and thereby enabling its customers to accomplish deeper decarbonization of their generation portfolio. The company’s development […] Read more
Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs Updated On Thu, Jan 13th, 2022 by Saurenergy Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […] Read more
U.S. to add 21.5GW Solar Capacity in 2022; Texas to Claim over 6GW: EIA Updated On Wed, Jan 12th, 2022 by Saurenergy The U.S. Energy Information Administration (EIA) predicts that in 2022, 46.1 GW of new utility-scale electric generating capacity to be added to the country’s power grid in 2022, almost half of which is planned to come from solar, followed by natural gas at 21% and wind at 17%. Developers and power plant owners report planned […] Read more
Decarbonisation to See $395 B Capex by 2030: Report Updated On Wed, Jan 12th, 2022 by Saurenergy As India moves more aggressively towards its decarbonisation goals with the overall energy economy shifting towards greener fuels, a Wall Street brokerage has said this space will see a capex of $395 billion by 2030. At COP21 in Paris, as part of its nationally determined contributions, New Delhi had committed to achieve 40 per cent […] Read more
SJVN Awarded LoI for 125MW Solar Projects in Uttar Pradesh Updated On Tue, Jan 11th, 2022 by Saurenergy SJVN Ltd advanced 2.81% to Rs 31.05 after the company bagged 125 MW grid connected solar power project in UP Solar Park in Uttar Pradesh, according to recent media reports. The company has been issued Letter of Intent (LoI) by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for building 75 MW grid […] Read more
