Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project Updated On Tue, Feb 6th, 2024 by Saurenergy Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […] Read more
Associate – Energy Updated On Tue, Feb 6th, 2024 by Saurenergy We are looking for Lead or Energy tean in Bengaluru/ Noida location The candidate should have knowledge in both primary & secondary detailed engineering of EHV substations and subject matter expert at least one of them. Candidate expertise in detailed design of electrical substation facilities including Single Line Diagram, Protection Single Line diagram, General Arrangement layout, […] Read more
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way Updated On Mon, Feb 5th, 2024 by Saurenergy The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […] Read more
With Twin Deals, Cubico Acquires 1600-MW Renewables’ Pipeline in Mexican Market Updated On Thu, Feb 1st, 2024 by Saurenergy Cubico Sustainable Investments has announced the completion of two transactions which it says significantly enhance the company’s renewable energy footprint and development portfolio in Mexico. Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, the development pipeline of Cubico in Mexico has now exceeded 1.6 GW. The company says that the […] Read more
NTPC, NRL Partner To Setup Green Energy Projects In North East Updated On Thu, Feb 1st, 2024 by Saurenergy National Thermal Power Corporation (NTPC) limited has signed a memorandum of understanding (MoU) with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd. NRL is engaged in the business of Refining and Marketing of petroleum products. The MoU covers partnership opportunities in the proposed bamboo-based bio-refinery at NTPC Bongaigaon and other green energy projects. […] Read more
India’s Renewable Energy Capacity To Reach 54% By 2047: NREL Updated On Mon, Jan 29th, 2024 by Saurenergy A recent report by the United States (US)-based organization National Renewable Energy Laboratory (NREL) anticipated an increase in the share of renewable energy (RE) generation from wind and solar in India to reach 54 percent by 2047. The NREL report evaluated, “In the base scenario, investments in battery storage are economic in 2030 is expected […] Read more
REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
SAEL Secures $1 Billion For Solar, Other Renewables Updated On Wed, Jan 24th, 2024 by Saurenergy SAEL Industries, an Indian renewable energy firm, has successfully secured $1 billion in funding from various financial institutions, including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech. The funds will be utilized to support SAEL’s renewable energy portfolio, with a focus on expanding its solar and biomass projects. The company, which specializes in solar […] Read more
Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024. Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […] Read more
