Altius Announces $32.5 million investments in RE platform Updated On Mon, May 9th, 2022 by Saurenergy Canada-based Altius Renewable Royalties Corp. has reported that its jointly controlled subsidiary, Great Bay Renewables– popularly known as ‘Great Bay’ – has executed agreements to invest a total of $32.5 million into a new global renewables development platform, Bluestar Energy Capital. Bluestar was founded recently and its majority stakes are owned by Declan Flanagan, former […] Read more
HK Electric to Develop Hong Kong’s First Offshore Wind Farm Updated On Mon, May 9th, 2022 by Saurenergy Hong Kong may get to witness its first offshore wind energy farm coming up in 2027 as HK Electric has announced that it has plans to develop an offshore wind farm southwest of Lamma Island. HK Energy said that an application for variation of an environmental permit for the proposed project has been approved by […] Read more
Battery Boom Could Redraw Geopolitical Order Updated On Fri, May 6th, 2022 by Saurenergy Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […] Read more
FIMER to showcase Its PV and EV solutions at Intersolar Europe 2022 Updated On Fri, May 6th, 2022 by Saurenergy FIMER, a household name in solar inverters and electric mobility systems, is geared up to showcase its pathbreaking technologies for Solar and EV markets at Intersolar Europe 2022 from 11 to 13 May in Munich, including the recently launched ‘best-in-class’ power platform for residential applications and the new powerful multi-MPPT PVS-350 string inverter for utility scale. […] Read more
Pumped hydro resurfaces when sun doesn’t shine and wind doesn’t blow Updated On Fri, May 6th, 2022 by Saurenergy When the sun doesn’t shine and the wind doesn’t blow, grid-scale energy storage will be a big challenge as climate neutrality increasingly presses for a massive scale-up. Pumped hydro is back and can catapult India into the big league to make up for the lost opportunities. Not just that, as we are seeing during the […] Read more
SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit Updated On Fri, May 6th, 2022 by Saurenergy In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […] Read more
Bosch to invest €500 million to develop components for hydrogen electrolysis Updated On Fri, May 6th, 2022 by Saurenergy Bosch has announced that it will be investing €500 million to develop components for hydrogen electrolysis by the end of this decade that will help heighten green hydrogen production that will be used in transport and different sectors. A stack is the core component of an electrolyzer. Bosch has revealed in its annual information convention […] Read more
Senior Manager – Business Development Updated On Thu, May 5th, 2022 by Saurenergy The role represents a unique opportunity for personal and professional growth by being a part of the team involved in Business Development activities in India, focusing on green field wind and solar projects. Responsibilities:- Carrying business development in renewable power with focus on greenfield development. Execute and continuously update Company’s business plan in line with […] Read more
IEX April’22 update: solar prices at Rs 7.79/unit in GTAM market Updated On Thu, May 5th, 2022 by Saurenergy In the first month of the new fiscal year 2023, the Indian Energy Exchange (IEX) achieved 7574 MU volume across all the market segments comprising 6989 MU in the conventional power market, 336 MU in the green power market, and 249 MU (2.49 lac Certificates) in the REC Market, according to a new press release. […] Read more