In Australia, NSW’s Second REZ Targets $10 Billion Investments Updated On Fri, Jan 28th, 2022 by Saurenergy New South Wales (NSW), which also houses state capital and Australia’s largest city Sydney, has just declared its second Renewable Energy Zone (REZ), as part of its long term strategy to replace its fossil fuel driven electricity sector with renewable energy. The latest zone is the New England REZ, based around Armidale in the state’s […] Read more
Azure Power’s $250 million Rights Issue Subscribed 78.4%, Saved By Largest Stakeholders Updated On Fri, Jan 28th, 2022 by Saurenergy Azure Power Global Limited announced today the final results of its previously announced rights offering of $250 million. By the end of the subscription period on January 24, 5:00pm EST, 78.4% of the rights had been exercised, and, accordingly, 12,404,282 newly issued equity shares of the Company were subscribed. The remaining 3,424,635 unsubscribed shares will be […] Read more
Fluence Commissions 20 MWh BESS In Philippines Updated On Thu, Jan 27th, 2022 by Saurenergy US storage major Fluence has started commercial operations at the first project of its storage projects totaling 470 MW/470 MWh for power firm SMC Global Power Holdings (SMCGPH) in the Philippines. The battery will provide ancillary services to the power grid. Located in Kabankalan in the Philippines’ Negros Occidental region, the Battery Energy Storage System […] Read more
Senior Engineer -Project Engineering & Due Diligence Updated On Tue, Jan 25th, 2022 by Saurenergy DNV – Energy Systems: India, Bangladesh & Sri Lanka is seeking a Senior Engineer to support the Renewables Project Engineering and Due Diligence (DD) team, and through that, holds a dominant market position for due diligence services to support financing, construction and merger & acquisition of renewable energy projects in South Asia. In this role, our team provides […] Read more
LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact Updated On Fri, Jan 21st, 2022 by Saurenergy The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […] Read more
Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report Updated On Thu, Jan 20th, 2022 by Saurenergy Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […] Read more
IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
100MW Offshore Wind Plant Launched in Vietnam Amid RE Push Updated On Tue, Jan 18th, 2022 by Saurenergy Vietnam ‘s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday. The 5 trillion dong ($220.17 million as $1 = 22,710 dong) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of […] Read more
Senior Engineer – Electrical Updated On Mon, Jan 17th, 2022 by Saurenergy Principal Duties and Responsibilities:- Design (Concept, FEED and Detail Design) of Transmission and Distribution Systems upto 400kV – for Utility Companies based on International standards – for, UK, Europe, Middle East and South East Asia regions. Experience in Design of HV/LV Distribution systems for Oil & Gas Sector , Thermal , Hydropower generation Sector will […] Read more