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
Leyline Renewable Capital Funds RAI Energy’s Solar and Storage Ventures Updated On Wed, Jun 28th, 2023 by Saurenergy Leyline Renewable Capital, a provider of development loans for renewable energy projects, announced a project development loan for RAI Energy, a renewable energy developer. With the assistance of Leyline Development Capital, RAI Energy is set to advance multiple large utility-scale solar and solar-plus-storage projects within the WECC market over the next four years. Mohammed S. […] Read more
Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval Updated On Fri, Jun 23rd, 2023 by Saurenergy The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […] Read more
Sachin Jain Assumes the Role of Chief Executive Officer at Cleantech Solar Group Updated On Fri, Jun 23rd, 2023 by Saurenergy Cleantech Solar Group, a provider of renewable energy solutions to corporations in India and Southeast Asia, has announced the appointment of Sachin Jain as its Chief Executive Officer (CEO), with effect from 23rd June, 2023. Sachin will be taking over from Raju Shukla, who founded the company in 2015 and has been serving as its […] Read more
Senior ESW Engineer Updated On Thu, Jun 22nd, 2023 by Saurenergy Responsibilities:- Reviewing E2E functional, system requirements and analysis. The decomposition of functional and system requirements to software design and implementation. Develop specific software requirements not given by the function and system requirements. Documenting the software design in the given requirement tool. The design of a logical design component into one or several software components, using […] Read more
SafEarth Nets Rs 35 Million Funding From Anthill Ventures, Others Updated On Thu, Jun 22nd, 2023 by Saurenergy SafEarth, a technology platform for adoption of renewable energy in India has today announced the successful completion of its recent funding round of 35 Million (Rs 3.5 crore). The funding was led by Anthill Ventures, Third Derivative and Mumbai Angels. This investment will fuel SafEarth’s product development initiatives and support its expansion into new industrial […] Read more
Manager – New Product Development Updated On Wed, Jun 21st, 2023 by Saurenergy This position is responsible for new and existing HV/EHV cable product development and is responsible for providing process support to solve material and design related issues. Responsibilities:- Preparing Technical Particulars / Design Datasheets & Cross-sectional drawings for EHV, HV XLPE Cables Preparing manufacturing guidelines for plant production team Knowledge of Indian Standards (IS) & International […] Read more
Assistant Vice President – Projects Updated On Wed, Jun 21st, 2023 by Saurenergy A seasoned project leader with around 15 + years of experience with well-respected organizations. Engineering graduation with a degree/diploma in Business Management. Ability to take end to end ownership of project delivery, with focus on global project delivery excellence. Geographically dispersed teams through a “hands-on” management approach. Responsibilities:- Lead profitable, on-time and within budget execution […] Read more