Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms Updated On Wed, Jun 28th, 2023 by Saurenergy World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […] Read more
Ethiopia & China Establish Joint Research Centre to Spur RE Development in Ethiopia Updated On Tue, Jun 27th, 2023 by Saurenergy China and Ethiopia have launched a joint research and extension centre supported by the United Nations Development Programme (UNDP) to fast-track renewable energy development in Ethiopia, a country situated in the Horn of Africa. The Joint Research and Extension Center is expected to serve as a research, training and demonstration platform to enhance the capacity […] Read more
Plan To Add More Floating Solar Projects: Simarpreet Singh, CEO, Hartek Solar Updated On Mon, Jun 26th, 2023 by Saurenergy SaurEnergy: In the last 32 years, the Hartek group witnessed the virtual revolution of the solar sector. How has it changed your approach to the market and the growth? Singh: When we started the solar business, the situation differed from the current scenario. Many consumers were reluctant to go for solar rooftops; there was a shortage […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
Electrical Designer/ Senior Designer – BRCM Updated On Tue, Jun 20th, 2023 by Saurenergy Be responsible for the development and production of 3D electrical models using 3D and 2D drawings and MTO deliverables. Assist in the resolution of all technical design / layout issues. Additionally, the Electrical Designer shall also co-ordinate with other disciplines through interactions, design reviews and strives to meet project safety, quality, schedule objectives. Coordinate work […] Read more
UEA’s Princeton Digital Group & Tata Power Collaborate For RE Supply to Indian Data Centre Updated On Tue, Jun 20th, 2023 by Saurenergy UAE-based Mubadala Investment Company has announced a partnership between its investee firms, Princeton Digital Group (PDG) and Tata Power Renewable Energy Limited. This collaboration was meant to utilise green power for a Mumbai-based data center. With this collaboration, eco-friendly electricity will be supplied to the PDG’s flagship data centers in India. As per the agreement, […] Read more
Poor Policy Shackling Pakistan’s Solar Potential: IEEFA Updated On Fri, Jun 16th, 2023 by Saurenergy Innovating Pakistan’s power purchase agreements (PPA) for renewable projects, and offering price stability to de-risk the market, are crucial to restore investor confidence, according to a new report authored by Haneea Isaad, an Energy Finance Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA). The new report analysed the efficacy of incentives available […] Read more
DOE Unveils $135 Million Investment to Propel Industrial Decarbonization in America Updated On Fri, Jun 16th, 2023 by Saurenergy The U.S. Department of Energy (DOE) has announced a substantial investment of $135 million in 40 projects aimed at industrial decarbonization, crucial in driving the nation towards a net-zero emissions economy by 2050. By advancing transformative and innovative technologies, these projects will play a significant role in decarbonizing the U.S. industrial sector. “America’s industrial sector […] Read more
