Vibrant Energy Appoints Vinay Pabba As Its New CEO Updated On Wed, Jun 12th, 2024 by Saurenergy Hyderabad-based, Vibrant Energy, an owner and developer of corporate renewable energy solutions, announced the appointment of Vinay Pabba as its next Chief Executive Officer (CEO). Vinay Pabba, currently Vibrant Energy’s Chief Operating Officer (COO), will shortly be stepping up into the role of CEO. He brings with him a deep understanding of the renewable energy […] Read more
Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project Updated On Wed, Jun 12th, 2024 by Saurenergy Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process was initiated after the Hornet Solar project’s financial close in December 2023. This signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure. “This […] Read more
News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
Energy – Business Analyst Intern Updated On Fri, Jun 7th, 2024 by Saurenergy Conducting thorough secondary and primary research on private sector renewable energy and sustainability requirements and their strategies to achieve the targets Drafting reports and presentations as per the requirement of the project Assisting with data cleansing, analysis, data tracking Planning, coordinating, organizing stakeholder discussions Qualification And Experience:- Recent degree recipient (within the past calendar year) […] Read more
SC Net Zero Ventures Raises €125 Mn For Energy Transition Updated On Fri, Jun 7th, 2024 by Saurenergy SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […] Read more
Maruti Suzuki To Invest Rs 450cr In Renewable Energy Adoption Updated On Wed, Jun 5th, 2024 by Saurenergy Maruti Suzuki India Limited, an Indian subsidiary of Japanese automaker Suzuki Motor Corporation recently announced that it has earmarked an investment of Rs. 450 crores to expand its usage of renewable energy solutions in the next three years. In FY2023-24, Maruti Suzuki invested Rs 120.8 crores towards commissioning renewable energy initiatives like solar power and […] Read more
32 American Forest Villages Get Clean Power From Solar Microgrids Updated On Tue, Jun 4th, 2024 by Saurenergy Power Construction Corporation of China (Powerchina) officially handed over the first site of the second phase of a microgrid photovoltaic project in Suriname recently. Chandrikapersad Santokhi, President of the Republic of Suriname, and Chinese Ambassador to Suriname,Han Jing, among other dignitaries, attended the handover ceremony. The landmark project will provide more people in remote villages […] Read more
Green Financing A Boon For Clean Transmission Projects: Sharib Razi Updated On Fri, May 31st, 2024 by Saurenergy What are the challenges faced by the grid, when it comes to a higher share of renewable energy? Razi: There are two major challenges with increasing share of renewables in the grid. Firstly, due to the intermittent nature of renewable energy, the peak generation of solar or wind does not coincide with the peak load […] Read more
Climate Risk for Renewable Energy Projects & Parametric Insurance Updated On Fri, May 31st, 2024 by Saurenergy Amidst the global conversation on climate change, the renewable energy sector finds itself at a critical juncture. As we grapple with shifting weather patterns and rising temperatures, the sector faces significant challenges in maintaining its infrastructure and ensuring operational efficiency. Research suggests a 12% reduction in wind turbine capacity by the century’s end, and a […] Read more
