Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup Updated On Wed, Jul 19th, 2023 by Saurenergy The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […] Read more
Gas Turbine Commissioning Engineer Updated On Tue, Jul 18th, 2023 by Saurenergy Responsible for commissioning of Small/ Medium/ Aero derivative Gas Turbines products at customer sites. Plan and coordinate on site commissioning activities to interface with customer’s requirements Liaise with projects, engineering and other departments as required to obtain a full technical and commercial briefing prior to travelling to site Carry out the commissioning activities to bring […] Read more
GERC Approves RE Generator’s Right To Replace Damaged PV Modules Updated On Tue, Jul 18th, 2023 by Saurenergy In its latest order, the Gujarat Electricity Regulatory Authority (GERC) withheld the rights of solar energy generators to replace damaged and defective solar modules. The state electricity commission passed the order while hearing a petition filed by Jai Hind Projects Limited, a solar energy generator. Its solar company has a 5-megawatt (MW) solar power plant in the […] Read more
Module Prices Near Bottom, As Cell Prices See First Hike In Months Updated On Wed, Jul 12th, 2023 by Saurenergy Solar Module prices from China, which dictate prices around the world, finally seem close to a bottom for now, after a relentless fall in 2023. The earliest indicators come in the form of solar cell prices, which saw a weekly increase of 1.5% to 2% this week This happened even as mono grade Polysilicon prices, […] Read more
Senior Design Engineer -SAS & DAS Updated On Tue, Jul 4th, 2023 by Saurenergy Project Engineering focuses on designing, communicating, and implementing an operational plan for completing an engineering-based project including: Preparing designs, project controls and specifications, schedules, cost estimates, production, transportation, installation, testing and/or commissioning of new infrastructure, facilities, equipment, etc. Monitoring progress and performance against the project plan; taking action to resolve operational problems and minimize delays. […] Read more
Can’t Deny Solar Producers Their Right To Connectivity, Rules APTEL Updated On Mon, Jul 3rd, 2023 by Saurenergy In its latest judgment, the Appellate Tribunal For Electricity (APTEL) said that nobody could deny solar power generators their right to seek connectivity/synchronization with the grid. The order from APTEL came after Hyderabad-based Southern Power Distribution Company of Telangana Limited challenged an impugned order of the Telangana State Electricity Commission (TSERC). The TSERC earlier had […] Read more
Travails At Siemens Gamesa Could Signal Hiccups Ahead For Wind Energy, Again Updated On Mon, Jul 3rd, 2023 by Saurenergy Siemens Gamesa, a subsidiary of Siemens Energy, is currently facing challenges in multiple countries. Since its complete takeover by Siemens Energy last year, Siemens Gamesa has been lurching from one problem to another. Parent firm Siemen’s recent announcement of reducing its ownership stake in Siemens Gamesa by 6.8 per cent, bringing it down to 25.1 […] Read more
