IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
APTEL Order Adds Clarity On Treating Open Access Demand By Grid Operators Updated On Thu, Nov 7th, 2024 by Saurenergy In an order last week that will add a dash of clarity on how discoms treat demand from open access customers, the APTEL bench has ruled to set aside an order from MSEDCL where it had denied the open access quantum to a group of customers of Sai Wardha Power Generation Limited. MSEDCL had lost […] Read more
Can India See Large Wind Turbines Beyond 6 MW? Updated On Wed, Nov 6th, 2024 by Saurenergy The upper ceiling of large wind turbines in India is on the rise. Irrespective of the deployment of the same in capacities upto 8 MW to 10 MW in foreign countries like China, India’s tryst with these large structures is limited by costs for now. Going by the government numbers, there are more than eight […] Read more
IEX October Power Market Updates- Soft Demand Leads to Lower Prices Updated On Wed, Nov 6th, 2024 by Saurenergy Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,642 MU in October’24, marking a 4% year on year increase. During the month, IEX traded 4.44 lakh renewable energy certificates recording a 105% year on year increase. According to government data published in October 2024, the country’s energy consumption reached 140.4 BUs, […] Read more
Associate Manager – Engineering Services Updated On Wed, Nov 6th, 2024 by Saurenergy Responsibilities:- Strategic:- To assist Head MEP for Electrical & ELV design engineering, planning & estimation for real estate & construction projects in Mumbai Region. Position shall be based at HO. Operational:- To plan Electrical Design Calculations for HV/ MV/LV , Lighting Design Calculations, System Design, Equipment Selections, etc. To execute Electrical BOQ, Technical Specifications, Cost […] Read more
Asset Management O&M (Solar) Updated On Wed, Nov 6th, 2024 by Saurenergy Responsibilities:- Test or evaluate photovoltaic (PV) cells or modules. Review specifications and recommend engineering or manufacturing changes to achieve solar design objectives. Perform thermal, stress, or cost reduction analyses for solar systems. Develop standard operation procedures and quality or safety standards for solar park. Provide technical direction or support to installation teams during installation, start-up,testing, […] Read more
Global RE Growth Hits New Highs Amid Falling Costs: IEA Report Updated On Tue, Nov 5th, 2024 by Saurenergy Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […] Read more
Green Energy Developer Acme Solar’s IPO To Open On Wednesday, Nov 6 Updated On Mon, Nov 4th, 2024 by Saurenergy ACME Solar Holdings Limited’s Initial Public Offering will open on Wednesday, November 06. The company has set a price band at ₹275/- to ₹289/- per Equity Share, indicating final pricing in all probability at Rs 289 for each share with a face value of Rs 2 , considering the high demand for green developers. RHP […] Read more
Bridgeway Power Launches First Virtual Net Metering Solar Plant In Delhi Updated On Mon, Nov 4th, 2024 by Saurenergy Bridgeway Power, a residential and commercial solar installation company, recently installed the first Virtual Net Metering (VNM) solar plant under BRPL (BSES Rajdhani Power Limited) of 21.60kW capacity in Delhi. This project has opened new avenues for energy sharing and cost savings across multiple locations. The project uses a bi-facial panels and micro-inverter technology. VNM […] Read more
