KKR Backed Virescent Infra InvIT Raises Rs 460 Crores Updated On Wed, Sep 29th, 2021 by Saurenergy Virescent Infrastructure, the renewable energy platform sponsored by global investment firm KKR, has set up India’s first renewable energy infrastructure investment trust (“InvIT”), Virescent Renewable Energy Trust (“VRET”). VRET has raised Rs 460 crores (US$62 million) from a group of foreign and domestic investors. Leading the transaction, on behalf of its clients, is Alberta Investment […] Read more
Assistant Manager – PV Performance Engineering Updated On Mon, Sep 27th, 2021 by Saurenergy The Assistant Manager – PV Performance Engineering will be based in Hyderabad, India. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. In this position, you will report to the Senior Manager – Data Science. The Assistant Manager – PV Performance Engineering will work with the Nextracker […] Read more
Shell Commits to RE Investments Worth $565 M in Brazil by 2025 Updated On Fri, Sep 24th, 2021 by Saurenergy Anglo-Dutch energy giant Royal Dutch Shell has committed to invest 3 billion reais ($565 million) by 2025 in renewable energy in Brazil, for which it has launched a new division, Shell Energy Brazil, in the country. Most of the capex is related to solar energy projects, Reuters reported executives as saying. The head of renewable development […] Read more
“We Are Very Good At Innovating New Kinds Of Products And Technologies”, Akshay Singhal, Log 9 Materials Updated On Fri, Sep 17th, 2021 by Saurenergy Bengaluru-based Log 9 Materials shot into the limelight (again) recently after Amara Raja batteries, a leader in the domestic automotive battery market, invested in the firm. Log 9 Materials is using its core competence in Graphene nanotechnology to develop advanced energy storage technologies from electrode materials, cell to pack level. Their rapid charging battery packs […] Read more
UK to Hold 4th Renewable Auction Backed by $277 M Updated On Tue, Sep 14th, 2021 by Saurenergy The UK government is allocating £200 million ($277 million) to support offshore wind projects in the fourth and biggest-ever round of its flagship renewable energy scheme. The Contracts for Difference (CfD) scheme is the UK government’s primary method of encouraging investment in low-carbon electricity. Launched in 2014, it is open to projects operating in Great Britain. It […] Read more
SECI’s Call For EOI In Providing Land in Uttar Pradesh Updated On Fri, Sep 10th, 2021 by Saurenergy On September 7, SECI (Solar Energy Corporation of India) issued a tender inviting expressions of interest (EOI) for providing land to be used for solar projects in Uttar Pradesh, India’s most populous state. The land is to be used for solar projects focused on solarising the state’s agriculture feed. The tender follows the appointment of […] Read more
ReneSola Yixing Appoints Sun Qing as New CEO Updated On Thu, Sep 9th, 2021 by Saurenergy ReneSola Yixing Co Ltd (a globally reputed manufacturer of Solar PV Modules) has announced the appointment of Sun Qing as CEO of the company. Qing succeeds Sky Wang and assumed the responsibilities of his new role on September 1, 2021. Sun Qing, is an experienced business leader with more than two decades of experience in […] Read more
Coal India Tenders For Partners To Build A 4 GW PV Ingot-wafer-cell-module Manufacturing Plant Updated On Tue, Sep 7th, 2021 by Saurenergy State-owned Coal India Limited has invited requests for qualification (RFQ) from prospective equity partners who wish to be shortlisted for setting up 4 GW solar PV ingot-wafer-cell-module manufacturing plant. The move is significant considering all the solar manufacturing in India is focused on cells and modules, besides mounting structures. The complete value chain, from ingots […] Read more
IREDA Releases List of Tentative Bidders for 5 GW CPSU Scheme Updated On Mon, Sep 6th, 2021 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA), the agency appointed by Ministry of New & Renewable Energy (MNRE) for the implementation of the CPSU Scheme Phase II, has released a tentative list of bidders for building 5000 MW capacity of renewable energy. Under the Central Public Sector Undertaking (CPSU) scheme phase-II, 12,000 MW grid-connected […] Read more
