UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
Suzlon Group Q2 FY22 Results: Rs 12.40 Cr Net Loss Updated On Mon, Nov 15th, 2021 by Saurenergy Pune-headquartered renewable energy solutions provider Suzlon Group has announced its second quarter results for the financial year 2021-22 (Q2 FY22). Suzlon reports a net loss of Rs. 12.40 crores. Other key highlights of Suzlon Group Financial Results Q2 FY22 are as follows: Revenue : Rs. 1,346.51 crores EBITDA: Rs. 232.71 crores EBITDA margin: 17.28 % EBIT: Rs.171.45 […] Read more
NTPC, Indian Oil Collaborate on Renewable Energy Updated On Mon, Nov 15th, 2021 by Saurenergy NTPC Ltd. and Indian Oil have signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy and mutually explore opportunities for the supply of low carbon/RE RTC captive power. This is a first-of-its-kind novel initiative by two leading national energy majors of India, to support the country’s commitment to achieve renewable […] Read more
EDP to Invest in 1.5 GW of Green Hydrogen by 2030 Updated On Wed, Nov 10th, 2021 by Saurenergy Portugal’s largest utility EDP said on Tuesday it was increasing its bet on green hydrogen and aimed to reach 1.5 gigawatts (GW) of installed capacity by 2030, capitalising on its presence in key markets such as Iberia, the United States and Brazil. The announcement, made during the COP26 climate conference in Glasgow, came after EDP […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
Solar Development Engineer – Asia Updated On Tue, Nov 9th, 2021 by Saurenergy In this role, you will work with business development leads in key countries to ensure projects deliver maximum value. You will also manage key interfaces with global engineering and global EPC teams to confirm that minimum standards are met, and projects are delivered on-time and on-budget. You are expected to assess, secure and de-risk Shell’s […] Read more
Has Punjab Scored A Self Goal With Its Talk Of Renegotiating Solar tariffs? Updated On Mon, Nov 8th, 2021 by Saurenergy News Reports of the government of Punjab contemplating renegotiation of solar power rates for pre 2016 projects paint a strange picture. While the reports quote the view of Punjab government sources that the difference in rates between then and now is too high to be allowed, they don’t mention the fate of the other state […] Read more
With 31% of Free Standing Houses Going Solar, Australia Leads Globally In Per Capita Solar Updated On Mon, Nov 8th, 2021 by Saurenergy The rooftop solar success story in Australia has been well documented. A new report now puts the results of those numbers in perspecttive. Driven by a combination of subsidies, lowering costs, and the utility of having an off grid option in far flung areas, rooftop solar in Australia is almost as common as owning a […] Read more
Total Eren Enters Cambodia with 74 MWp Solar Project Updated On Fri, Nov 5th, 2021 by Saurenergy Total Eren, a renewable independent power producer based in Paris, has taken its first steps in the renewable energy market of Cambodia through the acquisition of a 73.9 MWp photovoltaic project named “Battambang” from Risen Energy, a Chinese developer active in R&D and PV panels manufacturing. The PV farm is currently in operation in the Battambang Province, […] Read more