MoP Sets New Bidding Guidelines for Pumped Storage Projects Updated On Wed, Feb 12th, 2025 by Saurenergy The Ministry of Power (MoP) has introduced a new set of rules to promote the development of Pumped Storage Plants (PSPs). The government’s latest norms aim to provide a standardized procurement framework based on open competitive bidding. They also establish clear risk-sharing mechanisms among various stakeholders. The government’s latest notification applies to developers and procurers […] Read more
Canadian Solar To Deliver 960 MWh ESS In Australia Updated On Tue, Feb 11th, 2025 by Saurenergy Canadian Solar has announced that e-STORAGE, a part of its subsidiary CSI Solar Co., Ltd. (CSI Solar), has signed a contract with Copenhagen Infrastructure Partners (CIP). This agreement, made through CIP’s fifth fund, Copenhagen Infrastructure V, is for the delivery of a 240 MW/960 MWh battery energy storage system in Summerfield, South Australia. e-STORAGE, a […] Read more
Juniper Green Energy Raises $1bn In Debt Financing Updated On Mon, Feb 10th, 2025 by Saurenergy Renewable energy developer Juniper Green Energy has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This funding will support the growth and development of Juniper Green Energy […] Read more
Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs Updated On Tue, Feb 4th, 2025 by Saurenergy Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […] Read more
Lead Controls Engineer Updated On Tue, Feb 4th, 2025 by Saurenergy The Lead Controls Engineer works as part of the Power Conversion & Storage controls engineering team in an international environment and will be responsible for validation, field implementation and maintenance of GE’s Solar, BESS and Hybrid Software and Control Systems for Projects. This includes but it is not limited to AC system, DC system, Building, […] Read more
Lead Controls Engineer-PE Updated On Tue, Feb 4th, 2025 by Saurenergy You will be a part of a global and matrixed design team, working in new product introduction and existing product sustaining / support and project specific software development. This team is responsible for long-term development programs as well as short-cycle custom design tasks that leverage existing product platforms. This role requires, in addition to close […] Read more
News In Brief Jan 31: Torrent Power, EU’s Cross-Border Energy Infrastructure, Meta, Zelestra Agreement Updated On Fri, Jan 31st, 2025 by Saurenergy Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […] Read more
JSW MG Motor Expands Battery Second Life Partnership With Lico Materials Updated On Fri, Jan 31st, 2025 by Saurenergy JSW MG Motor India, in partnership with LICO Materials, a part of Epsilon Group, has unveiled the Battery Energy Storage System (BESS) as part of its ‘Project Revive’. The advanced BESS comprises repurposed MG ZS EV batteries and highlights the carmaker’s commitment of promoting circular EV economy by embracing innovation. Compared to traditional solutions, this […] Read more
Q3 FY25: JSW Energy EBITDA Decline 9% YoY To Rs. 1,115 Cr. Updated On Thu, Jan 30th, 2025 by Saurenergy Mumbai-based JSW Energy (JSW Energy), in its quarterly results (Q3 FY25) ended December 31, 2024, reported a decline in its EBITDA by 9% YoY to ₹1,115 Cr. The company attributed this decline primarily to lower short-term spreads, despite higher overall generation. Meanwhile, its Profit After Tax (PAT) and Cash PAT stood at ₹168 Cr and […] Read more
