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Torrent Power Secures 50 MW Solar Power Plant from SkyPower

Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […]

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Power Minister Calls for International Credit Guarantee and RE Bank for RE Development

While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […]

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Electrical Engineer – Resource Center India

Responsibilities:- Ensure assigned engineering activities are executed with a high degree of understanding of Electrical power generation/distribution systems and electrical equipment. Assisting the Team of Job Engineer /Designer & other project team members to execute Detailed Engineering activities in the field of Electrical. Key Deliverables – To check, review all documents / deliverables like Design […]

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Piping Material Engineer – Resource Center India

Responsibilities:- In depth knowledge of International codes and standards like ASME B 31.3 / B31.4 / B31.8, ASTM, API, BS, MSS SP, NACE. Perform Pipe wall thickness calculation in accordance with ASME B31.3 / B31.4 and B31.8 codes and standards, regulations. Prepare/Review piping material specification, Valve material specifications, Specialty item Datasheets, Piping Bulk MTO and […]

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Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation

According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […]

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Eolian Gets $925 Million Renewable Energy Financing

Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […]

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America’s Renewable Energy Project Completions Stumble

The Global Marketing Intelligence (GMI) platform of Industrial Info Resources (IIR) has found that the renewable power projects in the United States of America have slowed in the near past due to several reasons. It has said that various factors like the COVID-19 pandemic, supply-chain problems, lack of skilled workers, tariffs on imported materials and […]

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Amazon Announces New Renewable Projects of 3.5 GW Across the World

Global ecom giant Amazon has announced it is investing in 37 new renewable energy projects across the globe adding up to 3.5 GW. The new projects will include 26 solar power projects, 3 wind energy farms and 8 rooftop solar projects at Amazon buildings around the world. Amazon continues to be the largest renewable energy […]

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India’s Wind Sector Carrying Higher O&M Costs, Claims Research Firm

The Indian wind industry’s independent power producers (IPPs) need to seize digitalisation to empower their decision making with independent, reliable, and strategically-led O&M technology. This is according to ONYX Insight, a leading data analytics and engineering consultancy for the global wind industry with offices across APAC. In India, a continual focus on acquiring assets that […]

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