Global Wind Firm Vestas’ Revenue Plunges 5.2% YoY Amid ‘Geopolitical Volatility’ Updated On Fri, May 3rd, 2024 by Saurenergy Global Wind Energy company Vestas has released its Q1 figures as it generated revenue of EUR 2,681million witnessing a decrease of 5.2 percent compared to the year-earlier period. Vestas also outlined that continued geopolitical volatility is expected to cause uncertainty in 2024 and that profitability should also continue to improve gradually but will still be […] Read more
FY24: India’s Annual Solar Power Generation Increased By 14%: CEA Updated On Fri, May 3rd, 2024 by Saurenergy The Central Electricity Authority (CEA) has now released its annual renewable energy generation report for 2023-24. The report revealed that despite the historic rise of renewable energy in India during FY24, thermal energy sources continued to take the lead in India’s total energy generation. However, the good news is that India’s annual solar power generation increased by […] Read more
Power Market Update- REC Market Records All-Time Low Price In April Updated On Thu, May 2nd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […] Read more
Program Controls Director Updated On Thu, May 2nd, 2024 by Saurenergy Safety first – Going home safe and well:- You will be a leading advocate of Mace’s value of Safety First, and be accountable for leading and maintaining exceptional safety, quality, cost, programme, sustainability and project compliance standards. You will champion a diverse and inclusive working environment, and understand the importance of the wellbeing of the […] Read more
Resident Quality Manager (Systems and MEPF) Updated On Thu, May 2nd, 2024 by Saurenergy Responsibilities:- Provides general administration to support the effective operation of the quality assurance team, i.e., organisation of team meetings, minute taking. Supports the administration of external audit preparation including room bookings, meeting invites etc. Administers the audit process including audit notifications, requesting audit documentation ensuring audits are organised effectively, issuing reports. Assists with the collection […] Read more
CERC Declines Relief To Adani Firm Over Delayed Karnataka Wind Project Updated On Thu, May 2nd, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment declined to give relief to Adani Renewable Energy Seven Limited (ARSEL). The company had moved to the central commission seeking relief against any possible coercive action from the Solar Energy Corporation of India (SECI). The petitioner–ARSEL is a Special Purpose Vehicle (SPV) of its parent […] Read more
Senior Research Analyst – Oil & Chemical Updated On Thu, May 2nd, 2024 by Saurenergy We are looking for a Senior Analyst to join our Oils & Chemicals Assets research team. Wood Mackenzie provides integrated commercial and strategic subscription research and consultancy services for the chemicals, fibres, plastics and sustainability sectors. We provide insight combined with proprietary data, helping companies identify trends and take advantage of opportunities. Together, we inspire […] Read more
Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project Updated On Thu, May 2nd, 2024 by Saurenergy Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […] Read more
Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER Updated On Thu, May 2nd, 2024 by Saurenergy A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […] Read more
