Recurrent Energy Secures €110 Million Green Loan Facility From International Banks Updated On Thu, Apr 4th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar Inc. and owner of solar and energy storage assets, today announced that it has secured a multi-currency facility of up to (€110 million) $120 million from a group of international banks led by Investec Bank Plc. According to Recurrent Energy, the facility consists of a €55 million term […] Read more
Green Mobility Firm Finayo Appoints Nitin Kant As Director Of Sales & Operations Updated On Thu, Apr 4th, 2024 by Saurenergy Gurugram-based green mobility firm Finayo has announced the appointment of Nitin Kant as Director of Sales & Operations. The company said in a statement that Nitin will be responsible for steering the company towards an exceptional growth trajectory by creating a top-notch strategy that focuses on effectively managing the platform’s entire portfolio. According to a […] Read more
Adani Green Races Past 10 GW Operational Milestone In March’24 Updated On Wed, Apr 3rd, 2024 by Saurenergy With a string of plants being operationalised all through March last month, Adani Green Energy Limited (AGEL)has surpassed 10,000 megawatts (MW) of a completely green operational portfolio. AGEL’s operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. The milestone is a key landmark for AGEL’s goal of 45,000 […] Read more
COVER STORY: India Gears Up For Solar Waste Recycling Challenge Updated On Mon, Apr 1st, 2024 by Saurenergy The latest report from the Central Electricity Authority (CEA) states that India’s total solar energy capacity crossed 75 Gigawatts (GW) by the end of February this year. According to its own estimates, the country will need 292 GW of total solar capacity by 2030. With the steady additions of solar power to the Indian grid, […] Read more
Rs 1.5 lakh Cr. Opportunity In Introducing Smart Meters : CRISIL Updated On Mon, Apr 1st, 2024 by Saurenergy CRISIL rating shared recent data on the current status of smart meters installed by the government under India’s Smart Meter National Program (SMNP). The government planned to replace 25 crore (250 million) conventional electricity meters with prepaid smart meters and upgrade power distribution infrastructure, including feeders and transformers. The report mentioned an estimated capital expenditure […] Read more
Austria Development Bank Invests In RE Firm AMPIN Energy Updated On Sat, Mar 30th, 2024 by Saurenergy Renewable energy transition company AMPIN Energy Transition has announced an investment from OeEB, the Development Bank of Austria. OeEB will be investing EUR 25 million in long-term financing to support AMPIN Energy Transition in further expanding its renewable energy portfolio and establishing a local 1GW solar cell and module production facility in the state of […] Read more
Assistant Manager EHS Updated On Wed, Mar 27th, 2024 by Saurenergy We are seeking a motivated EHS Officer to join our team for the construction and operation of Green Hydrogen plants in India. The EHS Officer will be responsible for implementing and maintaining Environmental, Health and Safety policies, programs, and procedures at Hygenco’s Green Hydrogen plants. The successful candidate will have a strong understanding of construction […] Read more
Director Renewable Projects Updated On Wed, Mar 27th, 2024 by Saurenergy We are seeking a highly qualified/ experienced/ entrepreneurial professional to join our team as Director Renewable Projects linked to our Green Hydrogen and its derivatives projects. If successful, you will play a pivotal role in overseeing the successful development and execution of multiple and large (GW) scale renewable capacities for our Green Hydrogen and derivates […] Read more
NTPC, JBIC Collaborate To Finance Renewable Energy Project In India Updated On Wed, Mar 27th, 2024 by Saurenergy Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […] Read more
