Storage Major Fluence Energy Targets $744 Million IPO Updated On Wed, Oct 20th, 2021 by Saurenergy Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany’s Siemens AG (SIEGn.DE) and U.S.-based AES Corp (AES.N), […] Read more
B.Tech In Energy Engineering At IIT Delhi To Start From Coming Session Updated On Wed, Oct 20th, 2021 by Saurenergy The Indian Institute of Technology (IIT) Delhi has announced a new undergraduate course– B.Tech. in Energy Engineering, that will be offered by the institute’s department of energy science and engineering (DESE). The move comes even as the opportunities, and requirements for skilled energy professionals skyrockets, with the country in the midst of a massive energy […] Read more
SECI Kicks Off Storage Push With EOI For 1 GW Project Updated On Mon, Oct 18th, 2021 by Saurenergy SECI has been given the go ahead for inviting expression of interest for installation of 1000 MWh Battery Energy Storage System (BESS) as a pilot project. This is the joint effort of both Ministry of New and renewable energy and Ministry of Power who have been working on this to provide a road map for […] Read more
RTC Tender For 2.5 GW Thermal Plus Renewable Attracts L1 Bid of Rs 3.01 Updated On Mon, Oct 18th, 2021 by Saurenergy SECI’s auction for 2.5 GW of Round the Clock (RTC) supply of power from thermal plus renewable energy has attracted a strong response, with the lowest bid coming in at Rs 3.01/unit. The tender, floated in March 2020 for 5 GW, had been amended in August 2020 to enable easier participation for thermal players. By […] Read more
CalWave Commissions Open-water Wave Energy Pilot in California Updated On Thu, Oct 14th, 2021 by Saurenergy US firm CalWave has announced it has successfully commissioned its CalWave x1™ off the coast of San Diego, marking the beginning of California’s first at-sea, long-duration wave energy pilot operating fully submerged. The project is supported by the U.S. Department of Energy (DOE) funding, with the goal to demonstrate CalWave’s scalable and patented xWave technology. […] Read more
Tokyo-based Eneos to Buy Japan Renewable Energy for $1.8 B Updated On Wed, Oct 13th, 2021 by Saurenergy Tokyo-based Eneos Holdings, Japan’s biggest refiner, said on Monday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business, joining a list of major global companies moving away from climate-changing fossil fuels. Eneos, which aims to have net-zero emissions by 2040, will buy JRE from Goldman […] Read more
ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] Read more
GE Renewable Confirms 900 MW Wind Order, Tests 14 MW Haliade-X Turbine Updated On Tue, Oct 12th, 2021 by Saurenergy GE Renewable Energy confirmed on October 11 that it received a firm order in September, to supply its Haliade-X offshore wind turbines to the 800MW Vineyard Wind 1 project. In December 2020, it was the designated preferred supplier. The Vineyard Wind is currently building the first utility-scale offshore wind energy project over 15 miles off […] Read more
CEL Issues Tender for 147 MW Decentralized Solar Power Gen Systems Updated On Mon, Oct 11th, 2021 by Saurenergy Central Electronics Limited (CEL) has invited online bids (technical and price) from empanelled applicant firms (qualified bidders) for the construction of decentralised solar power generating system (SPGS) ranging from 2 MW to 10 MW (AC) for a cumulative capacity of 147 MW (in 11 lots) at various sub-stations/locations in Maharashtra. The full scope of the work includes design, engineering, […] Read more
