Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER Updated On Thu, May 2nd, 2024 by Saurenergy A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […] Read more
NHPC Collaborates With Norwegian Firm To Develop Floating Solar Updated On Tue, Apr 30th, 2024 by Saurenergy NHPC recently signed a Memorandum of Understanding (MoU) with a Norway-based company Ocean Sun. Through this collaboration, the Norwegian technology provider would support India in building floating solar projects. In a social media post, the company announced it would explore key areas of cooperation for the demonstration of Ocean Sun’s floating solar energy technology. The […] Read more
The Impact of Renewable Energy on Economic Growth and Job Creation Updated On Wed, Apr 24th, 2024 by Saurenergy At first glance, the subject of renewable energy seems like a truly controversial matter, eliciting conversations and debates between advocates of climate change action and those seeking to protect their economic advantage. In a broader sense, however, there appears to be a nexus between renewable energy and economic growth. For instance, India spent $11.8 billion […] Read more
Environment Tech Funding- Solar Struggles As Energy Storage & Mobility Dominates Updated On Wed, Apr 24th, 2024 by Saurenergy Tracxn, a leading platform for tracking startups and private companies has released a detailed report on Environment Tech funding. the report has some interesting insights in the Indian context. Providing data backed analysis, the report points out that the Indian Environment tech sector has raised total funding of $7.3 billion till date. India’s environmental technology […] Read more
MHI Receives Seven Bids Of 70 GWh For battery Manufacturing PLI Updated On Tue, Apr 23rd, 2024 by Saurenergy Ministry of Heavy Industries (MHI) announced that it received bids from seven bidders under a global tender issued for re-bidding of Production Linked Incentives (PLI). This tender was announced for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on 24th January and the last date for receiving applications was 22nd April on the CPP portal and […] Read more
Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits Updated On Sun, Apr 21st, 2024 by Saurenergy Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24. The […] Read more
ETS Systems Manager Updated On Fri, Apr 19th, 2024 by Saurenergy If you are an RTU/SCADA/Flow expert professional, Emerson has an exciting role for you! We are looking for a ETS Systems Manager in RTU / SCADA / Flow domain to work with our ETS Systems Team. This role will work independently and as a part of a team to design, engineer & deliver the Projects […] Read more
Stellantis To Invest $100mn in Argentina’s Solar Energy Sector Updated On Thu, Apr 18th, 2024 by Saurenergy Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […] Read more
BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
