India Ratings Downgrades SWREL to Default Grade Updated On Wed, Oct 11th, 2023 by Saurenergy In a move that is likely to shock, if not surprise quite a few in the industry, India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Limited’s (SWREL) bank facilities’ ratings to ‘IND D’ from ‘IND BB-’ while resolving the Rating Watch with Negative Implications. According to India Ratings, the key […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
RE Generators Selling Power At Power Exchanges Can Issue REC: CERC Updated On Wed, Oct 11th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges. The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […] Read more
Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing Updated On Wed, Oct 11th, 2023 by Saurenergy Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing As India’s domestic solar manufacturing ramps up from an estimated 38 GW currently to over 100 GW by 2026, firms have realised the limits of doing business as usual. Counting on large government-backed projects, with exports as the icing on the cake when […] Read more
Hospitality Industry Welcomes Customizable EV by Speedways Electric Updated On Wed, Oct 11th, 2023 by Saurenergy Speedways Electric, an innovator in electric vehicle technology, has unveiled its latest offering, Royale- a vintage-shaped Low-Speed Electric Vehicle (LSEV) for the hospitality industry. The design of the EV has been patented. Features Royale is a battery-operated, eco-friendly vehicle. It boasts a no-noise, no-pollution operation, making it an environmentally responsible choice, with running costs that […] Read more
India’s RE sector offers scale of economies to foreign investors: Dhananjay Singh, ENGIE Updated On Tue, Oct 10th, 2023 by Saurenergy Please tell us about your installed capacities in India. Globally, we have got about 38 Gigawatts of renewable capacity and out of that in India, we have got over a gigawatt in operations and close to 1 gigawatt in construction. And then we want to grow bigger in India and probably we want to be […] Read more
Project Management Engineering Updated On Tue, Oct 10th, 2023 by Saurenergy Responsibilities:- Driving the technical solution in coordination with other departments (i.e., System Engineering, Primary/Mechanical Engineering, Secondary/Electrical Engineering, Control Engineering) and support Tender Manager/ Project Manager for assigned Project/Tender. Evaluating risks and opportunities, strategizes mitigation of engineering disciplines. Interacting with customers, contractors, suppliers. Attends project/Tender meetings and presents all technical aspects of project/Tender assignments. Collaborating and […] Read more
Project Technical Engineering Experienced Professional Updated On Tue, Oct 10th, 2023 by Saurenergy Responsibilities: Primary Engineering Deliverables. Experience in handling complete Engineering deliverables for AIS & GIS projects, Exposure to International experience & Standards IEC, IEEE & AS Substation layouts and section drawings, Grounding system drawings, Lightning system design, drawings, Cable routings, Cable tray routings, Clearance drawings Understanding of auxiliary design aspects of substations, such as LVAC / […] Read more
“Electric Motorcycles Need Higher Localisation, Time To Market”-Dinesh Arjun, Raptee Updated On Tue, Oct 10th, 2023 by Saurenergy Dinesh Arjun, Co-Founder, Raptee, speaks to SaurEnergy about the firms plans. Congratulations on the funding. Can you give us a sense of the cap structure at the firm now? Last valuation? We’re proud of the fact that we’ve gotten so far without raising much external capital. Many of the industry experts including our investors […] Read more
