Sale of Electricity in Futures Market will Benefit RE Investors: IEEFA Updated On Fri, Jun 11th, 2021 by Saurenergy The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable developers to hedge their offtaker […] Read more
West Bengal gets 5.4 MW Floating Solar With Sagardighi Project Updated On Fri, Jun 11th, 2021 by Saurenergy West Bengal got the first of what its hopes will be many floating solar plants, with the commissioning of the 5.4 MW Sagardighi plant by Ciel et Terre. PSU Engineering major Bharat Heavy Electricals Limited (BHEL) was the EPC partner for the project. Ciel et Terre is a french floating specialist, and the world’s largest […] Read more
Norway’s Wind Catching Systems Unveils 1000 ft Tall Multi-turbine Floater Updated On Thu, Jun 10th, 2021 by Saurenergy Is the basic design used in offshore wind production today the right one? Is a technology based on that of old Dutch corn mills truly the most efficient method for offshore wind power production? Is the current technology, while performing well on land and bottom-fixed offshore developments, the best system on a floater? These are […] Read more
Quality Specialist Updated On Thu, Jun 10th, 2021 by Saurenergy Coordinate for effective implementation and sustenance of QMS in line with international standards ISO 9001:20015(E). Support the core activities like engineering, project management and customer service management with regards to Quality role as defined. Conduct & Coordinate for internal, external audits with regards to quality as required. Support the project team with guidance on process […] Read more
PSU Gas Major GAIL To Join Solar Bandwagon Updated On Thu, Jun 10th, 2021 by Saurenergy Gas Authority of India Limited (GAIL), the largest operator of gas pipelines in the country, has announced plans to enter solar power development. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share […] Read more
GGGI to Build 250 MW Solar Plant Along Mumbai-Nagpur Superhighway Updated On Wed, Jun 9th, 2021 by Saurenergy With its rapid economic growth and increasing demand for energy services, India is well-placed to invest more in clean, cheap reliable sources of energy, particularly in the solar sector. However, this potential remains largely untapped. The Indian government has set a goal of 100 gigawatts (GW) of solar power capacity by 2022, but it had […] Read more
Luxembourg’s ArcelorMittal Invests $10 M in RE Tech Company Heliogen Updated On Wed, Jun 9th, 2021 by Saurenergy ArcelorMittal S.A., a Luxembourgish multinational steel manufacturing corporation headquartered in Luxembourg City, announced yesterday its initial investment of $10 million in US renewable energy technology company Heliogen, marking the completion of the steel producer’s first XCarb™ innovation fund investment since launching the initiative in March 2021. Heliogen’s technology will harness solar energy by using a field of mirrors […] Read more
Adani Sets Plans Rolling for Wind Turbine Manufacturing Updated On Wed, Jun 9th, 2021 by Saurenergy Adani Enterprises Ltd (AEL) on Tuesday infirmed the stock exchanges about having incorporated a wholly-owned subsidiary company for manufacturing wind turbine generators. In a filing to BSE, the company said a fully owned subsidiary, Mundra Windtech Limited (MWL) was incorporated on on June 7, 2021. On the objects and effects of acquisition/incorporation for the acquisition of […] Read more
Renew In Collaboration With Stanford’s Storage X Initiative Updated On Tue, Jun 8th, 2021 by Saurenergy ReNew Power, one of India’s leaders in renewable energy, today announced a collaboration agreement with the Precourt Institute for Energy at Stanford University and its StorageX Initiative. StorageX is an academic-industry-government initiative that aims to solve the most pressing real-world challenges in battery storage. ReNew’s collaboration with StorageX will focus initially on challenges surrounding grid […] Read more