Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
Gensol Engineering Allotted Additional 250 MW (500 MWh) for GUVNL’s BESS Project Updated On Thu, Jun 20th, 2024 by Saurenergy Gensol Engineering Ltd. has received the second tranche under greenshoe option allotment of 250 MW/500 MWh from Gujarat Urja Vikas Nigam Limited (GUVNL) for standalone Battery Energy Storage Systems (BESS) project to reach 500 MW / 1000 MWh. According to Gensol, the project including first and second tranche will generate a total revenue of INR […] Read more
Senior Engineer – Product Safety Updated On Wed, Jun 19th, 2024 by Saurenergy The GTC Product Safety Engineer is a key player in ensuring new upcoming automotive products are safe for consumer usage in society. He/She has the following tasks: Conduct functional safety analysis and verification. Adhereance to project milestones in respect with QCD rules Coordinates the activities of the Product Safety Engineers on the project Supports the […] Read more
Assistant Manager- QA/QC Updated On Wed, Jun 19th, 2024 by Saurenergy Essential:- Perform subcontractor assessment and performance evaluation and ensure the availability of competent subcontractor supervisor for each activity. Report the details in the respective formats and share reports to PM/Head Operation & Cluster Quality. Conduct training for Staff/Subcontractor work men on SOP/Work methods Obtain execution team inspection requirements one day before and ensure inspections accordingly […] Read more
Brookfield To Get IFC Funds For 550 MW Rajasthan Solar Park Updated On Wed, Jun 19th, 2024 by Saurenergy A portion of the funding required by Brookfield Asset Management to construct a 550-MWp solar park in the Indian state of Rajasthan would come from the International Finance Corporation (IFC). The Canadian organisation will be compensated USD 105 million (EUR 98 million) for long-term non-convertible debentures that are assigned to the special purpose vehicles of […] Read more
Power Demand Pushes Battery Makers Revenue By 10-11%: CRISIL Research Updated On Wed, Jun 19th, 2024 by Saurenergy CRISL Rating’s latest report anticipates the domestic lead-acid battery manufacturers’ revenue to grow 10-11% in fiscal 2025. The report found this to be a close mirroring ~12% which was seen last fiscal year. Moreover, growth is expected to be driven by steady demand in the mainstay automotive segment and tailwind from rising 5G penetration, expansion […] Read more
Vestas Gets 577 MW Order For 1.3 GW Australia Wind Project Updated On Wed, Jun 19th, 2024 by Saurenergy Vestas has been awarded the Engineering, Procurement, and Construction (EPC) for the second stage of Golden Plains Wind Farm in Australia. The second stage will feature 93 of Vestas’ V162-6.2 MW wind turbines from the EnVentus platform. Vestas is currently delivering the 756 MW EPC contract for the first stage. The extension will provide an […] Read more
RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
NTPC REL Invites Bids For 1000 MW Wind Energy Project In Karnataka Updated On Wed, Jun 19th, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited bids for the balance of the system package of an Inter-State Transmission System (ISTS)-connected wind energy project with a capacity of 1000 MW in Davangere Region in Karnataka under (Tranche-IV). The NTPC-REL tender was mandated the bidders to take up the responsibility of detailed design, engineering, micro-siting, […] Read more
