German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1 Updated On Tue, Aug 16th, 2022 by Saurenergy In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […] Read more
Solar Investment Fund SolRiver Capital Invests In Korsail Energy Updated On Tue, Aug 16th, 2022 by Saurenergy US-based solar developer, Korsail Energy has announced recently that the company has received a significant development finance commitment from the US-based renewable energy investment fund SolRiver Capital. According to Korsail, the company will complete its 2 GW worth of solar and storage projects with the help of this investment. Korsail Energy said, “With the help […] Read more
Energy Solution Provider INNIO To Power Raven SR’s Plant With 100% RE Updated On Fri, Aug 12th, 2022 by Saurenergy Leading energy solutions provider INNIO, in collaboration with Raven SR- a US based company that transforms waste to fuels, has announced plans to use Jenbacher engines of INNIO with a “Ready for H2” option to produce renewable energy. The energy system will power and heat Raven SR’s S- Series hydrogen production facility at a sanitary […] Read more
Stung By Gas Volatility, GAIL Plans Bigger Clean Energy Footprint Updated On Wed, Aug 10th, 2022 by Saurenergy Gas major GAIL (Gas Authority of India Limited), which owns the largest gas pipeline network in India besides a presence across the gas value chain, especially the distribution side of it, is quietly adding a larger clean energy component to its future plans. After announcing it’s strong Q1 results for FY 23, the company, which […] Read more
Mechanical Engineer-Systems Updated On Tue, Aug 9th, 2022 by Saurenergy Functions in a mid level engineer capacity, or technical specialist. Under general supervision, performs all aspects of conventional design engineering and analysis. Broadens knowledge and skill set in area of discipline. May start to expand knowledge in other disciplines and/or functional areas. Key Responsibilities:- Engineering Standards:- Continues to learn and remains current on departmental design […] Read more
Shell Completes Acquisition Of Renewables Platform Sprng Energy Group Updated On Tue, Aug 9th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […] Read more
Lok Sabha Passes Energy Conservation Amendment Bill 2022 Updated On Tue, Aug 9th, 2022 by Saurenergy The onslaught of climate change is forcing countries to reduce their carbon footprints and move towards clean forms of energy sources to decarbonize their economies to protect the planet from the rising temperatures. The Lok Sabha (House of Commons) of the Parliament has passed the Energy Conservation (Amendment) Bill, 2022, in a bid to promote […] Read more
$26M Investment In RE Grid Demonstration Projects By Biden Administration Updated On Mon, Aug 8th, 2022 by Saurenergy US President Joe Biden has announced a US $26M investment to demonstrate that the US electricity grid can be run fully on renewables and energy storage. The program will investigate how renewable energy can sustain grid dependability and allow it to stay connected during disturbances or reboot it in the event of a shutdown through […] Read more
NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy Updated On Mon, Aug 8th, 2022 by Saurenergy Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, “Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we […] Read more