NextEnergy Solar Fund Acquires 250 MW Battery Storage Portfolio in UK Updated On Wed, Nov 2nd, 2022 by Saurenergy Guernsey-based leading investment company NextEnergy Solar Fund Ltd has announced that the company has purchased a 250 megawatt (MW) diversified portfolio of battery storage projects and grid connections. The portfolio lies in east of England in United Kingdom. NextEnergy Solar Fund is an asset manager in the solar energy sector. As per the announcement, NextEnergy […] Read more
MNRE Appoints REC GM to The Position of Director (Finance) at IREDA Updated On Tue, Nov 1st, 2022 by Saurenergy In a formal announcement made recently, Bijay Kr Mohanty has been chosen for the job of Director (Finance) at IREDA by a Search-cum-Selection Committee established by the Ministry of New and Renewable Energy (MNRE). Following an interview, the committee selected Mohanty from a list of four shortlisted candidates. Ajay Mathur, Chief GM, REC Ltd, Gurugram; […] Read more
Indigenizing Solar Manufacturing: Charting the Course to a Solar Self-Sufficient India Updated On Tue, Nov 1st, 2022 by Saurenergy Building a strong solar manufacturing sector and supply chain in India will help support the economy and keep pace with rising domestic and global demand for affordable solar energy. Currently, the Indian solar manufacturing industry doesn’t have the capacity to produce PV modules to meet the majority of today’s domestic demand. With all that in […] Read more
Galata Wind Gets $45 Million EBRD Loan For Wind Projects Updated On Tue, Nov 1st, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is extending up to $ 45 million in financing to Turkish firm Galata Wind Enerji AS to boost the company’s wind capacity and accelerate Turkey’s transition to a clean energy future. According to the official statement of Galata Wind, the new loan from EBRD will finance up […] Read more
Omkareshwar 300 MW Floating Solar Tender Oversubscribed by 700 MW Updated On Mon, Oct 31st, 2022 by Saurenergy Rewa Ultra Mega’s Solar Ltd (RUMSL)- a joint venture between SECI and MUVN, that is to develop 300 MW floating solar project at the Omkareshwar Reservoir at Madhya Pradesh has been oversubscribed. The oversubscription is by 700 MW. The cumulative capacity of the project is 600 MW. That makes it the frontrunner to be the […] Read more
Asian Development Bank to Fund Bhutan’s First Utility-Scale Solar Project Updated On Mon, Oct 31st, 2022 by Saurenergy Bhutan may well be moving beyond hydropower as far as renewable energy development in the Himalayan country is concerned. In a key development, the Asian Development Bank (ADB) has approved a $18.26 million financing for the construction of the first utility-scale solar photovoltaic power plant in Bhutan. The official statement by ADB held that the […] Read more
Various Posts for Young Professional Updated On Mon, Oct 31st, 2022 by Saurenergy SECI invites applications for various position of Young Professional from talented, innovative and dynamic candidates who are keen to demonstrate their proven academic, credential, professional achievements. Details of the same are given below: SI.N o Name of Position No. of YP Eligibility Criteria 1 YP (Hydrogen Energy) 01 Degree in Mechanical/ Chemical/ Electrical/ […] Read more
Norwegian Firm Equinor’s RE Unit Reports Losses in Q3 2022; Net Operating Loss at US$56m Updated On Fri, Oct 28th, 2022 by Saurenergy Government-owned Norwegian firm Equinor has shared that it is witnessing expanding losses from its renewables unit. The losses have been reported in the third quarter 2022 as against the corresponding quarter last year. The renewables arm of Equinor recorded a net operating loss of US$56m in the quarter- more than twice the figure in the […] Read more
Vestas 15 MW Wind Turbines to be First Deployed at Danish Wind Farm Updated On Fri, Oct 28th, 2022 by Saurenergy The 15 MW wind turbines of global turbine manufacturer Vestas will soon see its first installation. As per an establishment permit issued by the Danish Energy Agency for the development of the Frederikshavn offshore wind farm, the road for Vestas wind turbines’ installation is cleared. The company had applied for the permit in May2 022. […] Read more
