Engineer – Projects Updated On Thu, Aug 26th, 2021 by Saurenergy A dedicated team handling complex and large projects across the globe (AP, EMEA and Americas) by offering centralised and comprehensive Bid to Detail Engineering support. The successful candidate will be responsible for delivering competitive Project specific techno-commercial bids and clean handover for execution in collaboration with stakeholders, that primarily include, front end Sales teams, Global […] Read more
Indian RE Sector Stable But Riddled With Payment & PPAs Signing Delays Updated On Thu, Aug 26th, 2021 by Saurenergy While India’s renewable energy (RE) sector is currently stable, the key challenges containing its growth lie on the execution front, finds a new report by ICRA. According to the report, the RE sector’s present stability is on account of strong project pipeline, the government’s continued policy support, and superior tariff competitiveness offered by wind and […] Read more
Gravity based Energy Storage Startup Energy Vault Announces $100 Million Funding Updated On Wed, Aug 25th, 2021 by Saurenergy Energy Vault, the firm behind gravity-based, grid-scale energy storage solutions with its proprietary technology, today announced $100 million in Series C funding. We had covered the firm’s series B funding back in 2019. The newest investment round is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank […] Read more
Renewable Energy Marketplace LevelTen Raises $35 Million Series C Funding Updated On Wed, Aug 25th, 2021 by Saurenergy LevelTen Energy, a leading provider of renewable transaction infrastructure, has completed a $35 million Series C funding round led by NGP ETP, with participation from My Climate Journey (MCJ) Collective, as well as nearly all of LevelTen’s existing investors, including Avista Development, Constellation Technology Ventures, Equinor Ventures, Founders’ Co-op, Prelude Ventures, Techstars, TotalEnergies Ventures and […] Read more
Japan to Recycle Solar Modules Using Blockchain Tech Updated On Wed, Aug 25th, 2021 by Saurenergy Solar PV manufacturer Next Energy and trading and investment business conglomerate Marubeni are partnering to recycle used solar panels using blockchain technology, as part of a programme supported by Japan’s Ministry of the Environment. Mitsubishi Research Institute will also assist the two companies in developing and demonstrating the potential of blockchain in reporting and recording information […] Read more
ReNew Power Merges with RMG II, Lists on Nasdaq via SPAC Updated On Wed, Aug 25th, 2021 by Saurenergy Haryana-based ReNew Power has completed its previously announced business combination with RMG Acquisition Corporation II. After the combination, RMG II has become a wholly-owned subsidiary of ReNew Energy Global. Consequently, ReNew’s Class A ordinary shares and warrants commenced trading on the U.S. stock exchange NASDAQ on August 24, 2021. The company listed in the US through […] Read more
China’s Goldwind Earns 292.3 M Net Profit in H1 FY21 Updated On Tue, Aug 24th, 2021 by Saurenergy Beijing-based wind turbine manufacturer Goldwind has released interim results for 2021, reporting a net profit of around CNY 1.9 billion ($292.3 million) in the first half of the financial year. Officially known as Xinjiang Goldwind Science & Technology Co., Ltd., this state-owned multinational realised revenue of CNY 17.85 billion in H1 FY21. Gross profit was CNY 4.919 billion, […] Read more
Extreme Events & O&M of Solar PV Plants Updated On Tue, Aug 24th, 2021 by Saurenergy Background Extreme weather events, driven by climate change, can have huge risks for solar PV systems too. For investors, reassurance of ongoing financial security of their solar system is critical to securing initial investment. PV plants are installed outdoors and whilst generating electricity, they also endure the test of nature and all her elements. How […] Read more
Oman, ACME to Build Green H2 & Ammonia Project Updated On Tue, Aug 24th, 2021 by Saurenergy Oman, the oldest independent state in the Arab world, has signed a land reservation agreement for a green hydrogen and ammonia project that Indian renewable energy company ACME aims to set up in the Special Economic Zone at Duqm. The announcement was made by Oman’s state news agency through Twitter recently. According to its Second […] Read more
