Bangladesh Opens Up Small, But Profitable Opportunity Next Door For Indian Developers Updated On Fri, May 19th, 2023 by Saurenergy Of late, Bangladesh, powered mostly by thermal power and blessed with an unfavourable location for hydropower, has made a serious effort to ramp up its renewable capacity. The country, which has a deficit of power supply that forces it to import from India, hopes that by 2041, 40 per cent of its total power requirements […] Read more
CERC Orders Compensation To Hero Solar SPV Over Surge In GST Rates Updated On Thu, May 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment, ordered giving financial compensation to Clean Solar Power (Jodhpur) Private Limited on account of the escalation of Goods and Services Tax (GST) rates from five percent to 12 percent in 2021. Clean Solar Power is a Special Purpose Vehicle (SPV) of Hero Solar Energy. The solar […] Read more
Digital Electronics Hardware Design Lead Updated On Wed, May 17th, 2023 by Saurenergy You will be working as Digital Electronics Hardware Design Lead and will be part of Drive Products division based in Bangalore, India. In this role you will be reporting to R&D Team Lead and will be responsible for with the teams which are developing and validating shippable products for the India and global markets. You […] Read more
Govt Report Bats For Boosting Renewables In Day-Ahead Electricity Market Updated On Wed, May 17th, 2023 by Saurenergy A report by an expert group constituted by the Ministry of Power to review the Indian electricity markets batted for including variable renewable power in the day-ahead markets. The report said this could be done with some revenue protection for the developers. The inclusion of RE was one of the reforms the Group advocated in […] Read more
With 300 MW Win In REMCL RTC Tender, Ayana Energy Portfolio Set To Expand To 5 GW Updated On Wed, May 17th, 2023 by Saurenergy Bengaluru headquartered Ayana Renewable Power is set to expand it’s portfolio size to over 5 GW with the allotment of 300 MW for itself in the REMCL (Railway Energy Management Company Limited) RTC tender. REMCL is a JV between the Railways and RITES. Other winners in the crucial tender were NTPC with a 500 MW […] Read more
MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
A Lack of Awareness Among Key Stakeholders About Benefits Of Solar Insurance- Sudhish Ramteke, Anand Rathi Updated On Wed, May 17th, 2023 by Saurenergy As solar has achieved scale and a future of strong growth, insurance firms have also done well to catch up and offer products for the sector. Besides the obvious role of de-risking projects for developers, insurance firms also play a key role in wider understanding and acceptance of the risks involved for other key stakeholders, […] Read more
Axpo to Deliver 25 MW Lithium Battery Storage Project in Sweden Updated On Tue, May 16th, 2023 by Saurenergy Renewable energy developer Axpo will develop one of Sweden’s largest battery storage facilities. Acquired from project developer SENS (Sustainable Energy Solutions Sweden), the 25 MW battery storage facility in Filipstad is designed to provide ancillary services to help balance the electricity grid. Its construction is expected to start in early 2024. Axpo will develop a […] Read more
Integrity Engineer Updated On Fri, May 12th, 2023 by Saurenergy Individual working in this role would be part of team working on complex and routine projects with ample growth opportunity to develop technical expertise leading to technical leadership position. Duties & Responsibilities:- Functions:- ESSENTIAL:- Provide support to Integrity Management, Inspection Management, Risk Assessment activities for structures and pressure systems in accordance with client contractual requirements […] Read more
