Despite more RE invt, global eco recovery is ‘Uneven’, ‘Unsustainable’: IEA Updated On Thu, Oct 28th, 2021 by Saurenergy Spending on clean energy amounts to 3% of the USD 16.9 trillion that governments have so far mobilised to bolster their economies from the recession triggered by the Covid-19 pandemic, according to the latest update from IEA (International Energy Agency). The share is up from around 2% in July but still leaves global carbon dioxide (CO2) […] Read more
Director(Marketing) Updated On Mon, Oct 25th, 2021 by Saurenergy I. COMPANY PROFILE:- Bharat Petroleum Corporation Limited (BPCL) came into existence in 1976, by virtue of Burmah- Shell (Acquisition of Undertaking in India) Act, 1976 when the right, title and interest of Burmah- Shell Oil Storage & Distribution Company of India Ltd. was taken over by Government of India. Its main objective is to undertake […] Read more
MoP Notifies Rules for Timely Recovery of Costs due to ‘Change in Law’ Updated On Mon, Oct 25th, 2021 by Saurenergy The Ministry of Power (MoP) has notified a new rule for the sustainability of the electricity sector and promotion of clean energy to meet the India’s commitment towards climate change, states a press release. MoP said that investors and other stakeholders in the power sector were concerned about the timely recovery of the cost due […] Read more
REC Raises 5 Year Loan Of $75 million From SMBC Updated On Thu, Oct 21st, 2021 by Saurenergy In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […] Read more
Financial Analyst – Accounts Receivables Updated On Thu, Oct 14th, 2021 by Saurenergy This is a Financial Analyst – Accounts Receivables (AR) role, reporting to the Finance Team Lead – AR in Global Business Services (GBS) located in Bangalore. In this role you will be responsible for Providing defined services to the internal customers with best quality in most efficient way. Responsibilities:- Research and provide fundamental analysis and […] Read more
MYSUN Receives 140 MW Solar Order from UPPTCL Updated On Wed, Oct 13th, 2021 by Saurenergy Rooftop solar firm MYSUN has bagged 140-megawatt (MW) open-access solar power projects from the Uttar Pradesh Power Transmission Corp Ltd (UPPTCL), according to a company statement. “MYSUN, has been allocated 140-MW solar projects under the captive/open access mode by the Uttar Pradesh Power Transmission Corporation Ltd (UPPTCL),” the company said in a statement. The allocation […] Read more
Reliance Acquires REC Group in $771 Million Buy Out Updated On Sun, Oct 10th, 2021 by Saurenergy In a stock exchange filing today, Reliance Industries Limited (RIL) today acquired Norway-headquartered solar module maker REC Solar Holdings (REC Group) for an enterprise value of US$ 771 million (around Rs 5,800 crore) from China National Bluestar. The acquisition was done through its fully owned subsidiary, Reliance New Energy Solar Limited. “Reliance New Energy Solar […] Read more
REI 2021 | Conversation with Shravil Aggarwal, Director at Floatex Solar Pvt. Ltd. Updated On Fri, Oct 8th, 2021 by Saurenergy Floatex Solar, the partnership between Prabh Dayal Om Parkash Group (PDOP) and Purshottam Profiles Pvt. LTD, to manufacture and develop Floating Solar has met with some early and promising success in India. The firm has been involved as the EPC contractor on some of the earliest, and biggest floating solar projects in India. With the […] Read more
Rooftop Solar Sets New Gen Record on Australian Grid Amid RE Boom Updated On Wed, Oct 6th, 2021 by Saurenergy With generation capacity peaking at 9,104 MW at midday on October 6, 2021, and contributing to more than one-third of the total generation mix on the National Energy Market, rooftop solar has established yet another record in Australia. At midday on Wednesday rooftop solar was supplying 34.6% of the total generation mix on the NEM, […] Read more
