Avaada Group in MoU with REC for INR 20,000 Funding Updated On Thu, Jul 20th, 2023 by Saurenergy On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […] Read more
Project Controller – Power Transformers Updated On Thu, Jul 20th, 2023 by Saurenergy Main Accountabilities:- 1. Tender stage Supports the tender manager on financial aspects. Provides input to negotiations on commercial issues. Provides input in local risk review process. 2. Business planning and forecasting Translates strategy into business plans and establishes measurable targets. Oversees the business planning and forecasting process for the area of responsibility and serves as the […] Read more
Mini-grids Best Suited To Electrify Unelectrified Population: ISA Report Updated On Thu, Jul 20th, 2023 by Saurenergy The latest report by the International Solar Alliance (ISA) on universal energy access emphasized the role of solar energy in ensuring energy access in unelectrified regions in the world. ISA released the report during the 14th Clean Energy Ministerial (CEM) in Goa today with representatives from the Ministry of New and Renewable Energy (MNRE). The latest report […] Read more
Five Ways Indian Railways Plans To Go Net-Zero By 2030 Updated On Thu, Jul 20th, 2023 by Saurenergy Indian Railways has one of the largest networks of rail lines in the world. In the last few decades, it successfully transformed from diesel to electric engines. The major source of transport and freight services in the country now is another fuel transition phase. Slowly, the Indian government entity is moving away from diesel […] Read more
Asia, America To The Rescue For German PV Machinery Makers Updated On Thu, Jul 20th, 2023 by Saurenergy A release from the VDMA ( German Mechanical Engineering Federation ) says that sequential sales and orders for Q1/2023 dropped 27% and 26% respectively for German solar PV equipment manufacturers. The drop was mainly due to drop in demand from the ‘home’ markets in the European Union (EU) . However, on a YoY basis, sales […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
GoodWe Launches 100kW Hybrid and Retrofit Battery Inverters for C&I Updated On Thu, Jul 20th, 2023 by Saurenergy GoodWe, the leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh – 156kWh). With a proven track record […] Read more
Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK Updated On Thu, Jul 20th, 2023 by Saurenergy Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions […] Read more
Building Sustainable Cyprus: Central Energy Storage for Hybrid Renewables Updated On Wed, Jul 19th, 2023 by Saurenergy Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC). The Mediterranean island’s Ministry of Energy, Commerce and Industry (MECI) last week announced its ‘General policy framework for energy storage systems’. It said the government will be deploying centralised energy storage […] Read more
