C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
1 TW Renewable Potential in Egypt: A Game-Changer or a Distant Dream? Updated On Fri, Aug 4th, 2023 by Saurenergy Egypt has the potential to produce electricity capacity of 350 gigawatts (GW) from wind energy and 650 GW from solar energy, the Minister of Electricity and Renewable Energy Mohamed Shaker suggested at the fourth edition of the round table on the green hydrogen industry in Egypt, chaired by Egypt’s Prime Minister Mostafa Madbouly. The claim […] Read more
Singapore’s Temasek to Invest INR 12,000 Cr in Mahindra & Mahindra EV Arm Updated On Fri, Aug 4th, 2023 by Saurenergy Major automobile firm Mahindra and Mahindra Ltd (M and M) has revealed that investment firm Temasek, based out of Singapore, will be investing INR 1,200 crore in Mahindra Electric Automobile Ltd (MEAL), which is the Electric Vehicle (EV) subsidiary of Mahindra & Mahindra. The EV arm manufactures four-wheeled EVs. An agreement towards this has been […] Read more
USA’s International Battery Company Sets Sights on Karnataka for $1 Bn Li-Ion Unit Updated On Wed, Aug 2nd, 2023 by Saurenergy The state of Karnataka has entered into an investment agreement with International Battery Company (IBC). The value of the agreement has been pegged at INR 80 billion rupees and will pave the way for setting up a battery manufacturing facility in the region. The manufacturing unit will be established across 100 acres in Karnataka, where […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules Updated On Fri, Jul 28th, 2023 by Saurenergy First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […] Read more
Head of Section, Project Engineering & Due Diligence (Wind & Solar) Updated On Thu, Jul 27th, 2023 by Saurenergy The Head of Section optimizes business operations and improves the long-term performance of the section. You will work closely on commercial opportunities to strategize, strengthen and expand business, including driving the doer/seller culture. You will also coordinate with the team and the subject matter experts and involve actively in managing technical due diligence projects for […] Read more
Govt Says India Added 679 New Renewable Startups In 6 Years Updated On Thu, Jul 27th, 2023 by Saurenergy The Ministry of Commerce and Industries, in its latest statement made before the Rajya Sabha, told the House that India added a total of 679 new startups in the last six years. The response and the detailed statistics shared by the ministry revealed that several government-recognised startups working towards sustainability had increased manifolds in the […] Read more
