Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
Azure Power Announces its New CEO in Sunil Gupta Updated On Wed, Jul 19th, 2023 by Saurenergy Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […] Read more
Hydrogen Project HyNCREASE in Germany Qualifies for European Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable the various firms to bring innovative technologies to the market. The grants are […] Read more
MeyerBurger Snaps Up €200 Million From EU Innovation Fund For 3.5 GW Solar Manufacturing Updated On Tue, Jul 18th, 2023 by Saurenergy Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU […] Read more
Assistant Project Engineer Updated On Mon, Jul 17th, 2023 by Saurenergy The Assistant Project Engineer will be based in Hyderabad. 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 Assistant Manager. The candidate would be working on utility scale solar PV projects located around the globe, right from the development […] Read more
Spinkraft Ventures & Roofsol Join Hands for 60 MW Solar Inverter Contract with Wattpower Updated On Fri, Jul 7th, 2023 by Saurenergy Spinkraft Ventures Private Limited and Roofsol Energy Pvt Ltd have joined hands for a supply contract with a capacity of 60 MW. The agreement has been forged with Wattpower Systems Pvt. Ltd. The contract will pave the path for the delivery of inverters and components that convert solar panel-generated direct current (DC) into alternating current […] Read more
Scientist Wins European Inventor Award 2023 for Safer Lithium-ion Battery Technology Updated On Thu, Jul 6th, 2023 by Saurenergy The European Patent Office (EPO) has revealed that Chinese scientist Kai Wu and his team are winners in the ‘Non-EPO countries’ category of the European Inventor Award 2023. Out of more than 600 candidates, Wu and his team were recognized for their development of a Lithium-ion battery technology with a special top cover that helps […] Read more
DRE Finds A Footing In India, Powered By Solar Updated On Tue, Jul 4th, 2023 by Saurenergy Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […] Read more
Maharashtra & Gogoro to Partner on $1.5 Billion Ultra Mega Project Updated On Fri, Jun 30th, 2023 by Saurenergy The Maharashtra government presented Gogoro Inc. with an offer letter to enter into an ‘Ultra Mega Project’ agreement to manufacture vehicles, smart battery packs, and battery swap stations, and deploy an open and accessible battery swapping infrastructure in the State beginning late 2023. The announcement was made by Maharashtra Chief Minister Eknath Shinde. The initiative […] Read more