Ather Closes Series E Fund Raise With $128 Million Round From NIIFL, SOF, Hero Moto Updated On Fri, May 13th, 2022 by Saurenergy Bengaluru based Ather Energy, a leading electric two-wheeler company in India, has confirmed the completion of its Series E round of funding with signing of investment agreements amounting to $128 million with National Investment and Infrastructure Fund Limited’s (NIIFL) Strategic Opportunities Fund (SOF), and Hero MotoCorp, a significant shareholder of Ather, and additional investors. Details […] Read more
India needs $7.2 billion to promote integrated solar module manufacturing: CEEW-CEF Report Updated On Fri, May 13th, 2022 by Saurenergy The CEEW Centre for Energy Finance (CEEW-CEF) said in a report on May 12 that India needs USD 7.2 billion in investments in the next three to four years to boost integrated solar module production. Released yesterday, the report added further that the push to improve local manufacturing could help domestic module manufacturers clock $30 […] Read more
At Intersolar Europe 2022, Reliance Powered REC Group launches Panels For Residential Use with G12 HJT cells Updated On Fri, May 13th, 2022 by Saurenergy REC Group, the international solar energy company headquartered in Norway, with its manufacturing plants in Singapore, launched its latest high-efficiency solar panel at Intersolar Europe 2022. With its high-power density innovations, the new REC Alpha Pure-R launched in April 2021, won the 2022 Intersolar Award also. Featuring heterojunction (HJT) cells in the large G12 format […] Read more
Deputy Manager – Electrical Design Engineering Updated On Thu, May 12th, 2022 by Saurenergy Technical:- Design of LV panel boards/switchboards Design of basic control/ relay schemes Proficiency in AutoCAD & MS office Ability to interact with field sales force and plant manufacturing personnel Good expertise in Electrical Transmission and Distribution LT Designing Analyzing customer requirements, generating system level configurations and executing design solutions Develop bill of material and wiring diagrams per customer supplied diagrams, one-lines, and specifications. Ability to use and interpret company and industry codes and standards (ANSI, UL, NEMA, […] Read more
Italy working on incentives for offshore wind projects Updated On Thu, May 12th, 2022 by Saurenergy The Italian government is working on incentives to boost the roll-out of offshore wind facilities, Italy’s energy transition minister said on Wednesday. “Incentive mechanisms are in the programming phase,” Roberto Cingolani said, answering questions from members of parliament. Besides subsidies, Cingolani said offshore wind would also receive grants from Italy’s national Recovery Fund plan. Rome […] Read more
Hero Electric, ReadyAssist to provide service support to B2B customers Updated On Wed, May 11th, 2022 by Saurenergy Electric two-wheeler maker Hero Electric on Tuesday said it has partnered with roadside assistance firm ReadyAssist to provide service support and annual maintenance to its B2B customers. The initiative will improve business for B2B customers by increasing the uptime of customer e-Bikes and providing quick and efficient service support to fleets deployed in last-mile delivery, […] Read more
EU Crunches Permit Process for RE projects To Under One year To Speed Growth Updated On Tue, May 10th, 2022 by Saurenergy The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member […] Read more
Harsh Shah To Take Over As CEO At Azure Power From July 1 Updated On Mon, May 9th, 2022 by Saurenergy Azure Power has announced the appointment of Harsh Shah as CEO. He follows in the wake of the exit of Ranjit Gupta last month. Shah was previously the Chief Executive Officer of IndiGrid, India’s first and largest Infrastructure Investment Trust (InvIT) in the Indian energy sector. It owns, operates, and manages power transmission networks and […] Read more
Altius Announces $32.5 million investments in RE platform Updated On Mon, May 9th, 2022 by Saurenergy Canada-based Altius Renewable Royalties Corp. has reported that its jointly controlled subsidiary, Great Bay Renewables– popularly known as ‘Great Bay’ – has executed agreements to invest a total of $32.5 million into a new global renewables development platform, Bluestar Energy Capital. Bluestar was founded recently and its majority stakes are owned by Declan Flanagan, former […] Read more
