AIIB Invests In Eight Solar Projects Of 1.54 GW With Mahindra Susten Updated On Fri, Jan 19th, 2024 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) a multilateral development bank has invested Rs 4.86 billion (around USD $58.4 million equivalent) in renewable energy Infrastructure Investment Trust (InvIT). InvIT (Sustainable Energy Infra Trust or SEIT), has eight operating solar power generation assets of 1.54 gigawatt (GW)-peak total capacity located in India. SEIT is co-sponsored by Mahindra […] Read more
Europe Union Revised Carbon Emission Targets For Heavy Duty Vehicles Updated On Fri, Jan 19th, 2024 by Saurenergy The Council and the European Parliament’s negotiators reached a provisional political agreement on Carbon Dioxide (CO2) emission standards for heavy-duty vehicles (HDVs). Their aim is to further reduce CO2 emissions in the road transport sector and to introduce new targets for 2030, 2035 and 2040. The new rules will contribute to fulfilling the EU’s 2030 […] Read more
EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales Updated On Thu, Jan 18th, 2024 by Saurenergy As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
South Korean Hanwha Group Emphasizes On ‘Decarbonization Of Shipping’ At Davos Updated On Thu, Jan 18th, 2024 by Saurenergy Vice Chairman of South Korea-based clean energy company Hanwha Group, Dong Kwan Kim, talked about the decarbonization of shipping and plans to build a zero-emission gas carrier at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. Under this concept, the vessels will be run on alternative fuels which will happen for the first […] Read more
International Battery Company Raises $35mn In Pre-Series A Round Updated On Thu, Jan 18th, 2024 by Saurenergy International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Lithium-ion NMC batteries announced raising USD 35 Million. This includes a Pre-Series A round led by RTP Global, and contributions from a broader investment base which includes Beenext, Veda VC, and other strategic Korean and US Investors. […] Read more
US Announces $104mn Investment Plan For New Net-Zero Facilities Updated On Thu, Jan 18th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced $104 million for energy conservation and clean energy projects at 31 Federal facilities. The latest step is part of President Biden’s strategy to re-establish the federal government as a sustainability leader. The funding announced by the President is part of the DOE’s Assisting Federal Facilities with Energy […] Read more
Indore Wants To Be India’s First Solar City; To Have 25-30K Rooftops With Solar In Three Months Updated On Wed, Jan 17th, 2024 by Saurenergy Indore – the cleanest city of India – is now aspiring to transform into India’s first solar-powered city in less than a year’s time from here. Following a high-level meeting aimed at advancing Indore’s transition to a solar city, Principal Secretary (Energy) Sanjay Dubey informed reporters about the determined timeline. “We have set an ambitious […] Read more
Engineer – Power System Studies Updated On Wed, Jan 17th, 2024 by Saurenergy The principal responsibilities and experience anticipated includes:- Candidate need work on steady state and transient power system studies. It desired that candidate have experience in specified studies in below points. Candidate need to work on Power System Studies, which includes following minimum specified studies: Load Flow studies. Short circuit studies. Protection coordination studies (relay coordination). […] Read more
