Tamil Nadu Forms New Green Company TNGECL From TEDA And Tangedco Updated On Mon, Feb 5th, 2024 by Saurenergy In a bid to push for green energy generation in the state, the Tamil Nadu government has formed the Tamil Nadu Green Energy Corporation Limited (TNGECL). The corporation was formed by separating the renewable energy department of Tamil Nadu Generation and Distribution Corporation (Tangedco) and merging it with the Tamil Nadu Energy Development Agency (TEDA) […] Read more
Octopus Grabs 199-MW Solar Portfolio from Statkraft Ireland Updated On Mon, Feb 5th, 2024 by Saurenergy Octopus Renewables Infrastructure Trust (ORIT) has announced that it finalized the acquisition of four newly-built solar farms situated in close proximity to Dublin, Ireland. The four solar installations collectively boast a capacity of 199MW and were procured from Statkraft Ireland, the developer, and constructor of the projects, overseen by ORIT. With this acquisition, ORIT’s portfolio […] Read more
Solis Strengthens Bankability Rank For Buyers Updated On Mon, Feb 5th, 2024 by Saurenergy In a key development Ginlong (Solis) has announced its notable position in the 2023 BloombergNEF (BNEF) Inverter Bankability Survey. The survey, engaging diverse industry stakeholders such as banks, solar engineering contractors, and technical advisers, sheds light on the solar inverter bankability landscape. Bankability rankings serve to reassure financial institutions backing solar projects on the quality […] Read more
Lightsource bp Offloads 294-MW Italian Solar Projects Updated On Fri, Feb 2nd, 2024 by Saurenergy Lightsource bp have announced that it has inked an agreement for the sale of six solar greenfield projects in Italy to EOS Investment Management Group (EOS IM). Lightsource bp said that the portfolio is currently either permitted or in the late stages of development with construction expected to begin in the next 12 months. EOS […] Read more
Technical Specialist -Carbon Capture & Storage Process Updated On Fri, Feb 2nd, 2024 by Saurenergy You will be working as Technical Specialist -Carbon Capture & Storage Process and will be part of Process Automation business for Energy Industries division based in Bangalore, India. In this role you will be reporting to Senior Engineering Manager and will be responsible for driving the automation solution portfolio of the business. You will be […] Read more
Bihar Pins Hopes On Lakhisarai Solar Project To Increase RE Capacity Updated On Fri, Feb 2nd, 2024 by Saurenergy Bihar, struggling to increase its renewable capacity due to several challenges, has now pinned its hope on the proposed Lakhisarai solar project. The 185 MW solar power project at Kajra in the Lakhisarai district of Bihar will increase the state’s renewable capacity by around 44 percent. As per the latest data from the Central Electricity […] Read more
JVVNL To Reduce Timeline For Net metering To 18 days For Rooftop Solar Updated On Fri, Feb 2nd, 2024 by Saurenergy Jaipur Vidyut Vikas Nigam Limited (JVVNL) has planned to decrease the timeline for net-metering procedures to 18 days to expedite the process of rooftop solar installations in the city. It comes at a time when the Union government has also put a thrust on boosting rooftop solar installations through the newly announced Pradhan Mantri Suryodaya Scheme. At […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
Five Trends Which Can Shape Lithium-Ion Market In 2024 Updated On Fri, Feb 2nd, 2024 by Saurenergy The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts to changing dynamics, according to Wood Mackenzie’s ‘Lithium: Five things to watch in 2024’ report. It stated, “While lithium remains a crucial raw material for batteries, its growth rate is decelerating due to a maturing market, subdued electric […] Read more
