Austria’s Verbund bags renewable portfolio in Spain Updated On Tue, May 10th, 2022 by Saurenergy Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […] Read more
OMC Power, IREDA to build rural renewable energy ecosystem Updated On Tue, May 10th, 2022 by Saurenergy OMC Power recently announced a long-term relationship agreement with the Indian Renewable Energy Dev Agency Ltd. (IREDA) that will work towards building a rural renewable energy ecosystem. In a welcome move by the IREDA, OMC will be getting economic support for setting up Renewable energy plants to provide sustainable energy in the villages of Uttar […] Read more
AIIB gives $200 million loan to Bangladesh to develop renewable energy Updated On Tue, May 10th, 2022 by Saurenergy Bangladesh has got a long term credit facility of $200 million from the Asian Infrastructure Investment Bank (AIIB) to develop a range of infrastructure projects top of which stands renewable energy expansion in the country. The renewable energy and electricity infrastructure improvement is to ensure optimal power supplies throughout Bangladesh. The official statement from the […] Read more
Shift To Renewable Is Slow And Unable to Stop Power Cuts In US Updated On Tue, May 10th, 2022 by Saurenergy Electric grid operators across the USA are warning of looming blackouts as companies shift to renewable energy. MISO CEO John Beer has been quoted by a section of media as saying on May 8, “As we go forward, we need to know that when you put in a solar panel or a wind turbine, it’s […] Read more
In Relief For Developers, TNERC Revises Order On Solar Tariff By Changing Accounting Norms Updated On Mon, May 9th, 2022 by Saurenergy In a relief to the developers involved, Tamil Nadu Electricity Regulatory Commission (TNERC) has revised solar tariff for FY 2017-18 on an Appellate Tribunal for Electricity (APTEL) remand matter filed by National Solar Energy Federation of India Limited (NSEFI), the latter has reported. In its latest order, TNERC has revised tariff from Rs 5.10 to 5.68/kWh, […] Read more
World Bank says Pakistan must call for 11GW renewable energy bids Updated On Mon, May 9th, 2022 by Saurenergy Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […] Read more
Jindal Acquires Earth Energy EV in a bid to enter EV market Updated On Sat, May 7th, 2022 by Saurenergy Jindal Worldwide has announced that it has acquired Mumbai-based EV startup Earth Energy EV through one of its subsidiaries – Jindal Mobilitric. The acquisition also marks the entry of Jindal Worldwide into the electric vehicle sector of India. The financial details of the deal are yet to be disclosed. The official statement of Jindal Worldwide […] Read more
Battery Boom Could Redraw Geopolitical Order Updated On Fri, May 6th, 2022 by Saurenergy Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […] Read more
Assistant Manager- Electrical (ERC) Updated On Fri, May 6th, 2022 by Saurenergy Basic Engineering of Electrical work Review of detailed engineering for Electrical work Key Responsibilities:- Primary Area of Responsibility – 90%:- Selection of Electrical Equipment as per process requirement, P & I D and Tender Documents, and Scrutinized the scope of work for Electrical. Preparation of Electrical Documents i.e. Electrical Load List, MCC Sizing, SLD, Cable […] Read more
