SC Net Zero Ventures Raises €125 Mn For Energy Transition Updated On Fri, Jun 7th, 2024 by Saurenergy SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […] Read more
Head Wind Energy Updated On Thu, Jun 6th, 2024 by Saurenergy Responsibilities:- Project Leadership: Lead and oversee all aspects of wind energy projects from conception to completion, ensuring they meet safety, quality, and financial targets. Team Management: Build and manage a team of skilled professionals, including project managers, engineers, and support staff, to effectively execute wind projects. Site Selection: Identify suitable locations for wind energy projects, […] Read more
Maruti Suzuki To Invest Rs 450cr In Renewable Energy Adoption Updated On Wed, Jun 5th, 2024 by Saurenergy Maruti Suzuki India Limited, an Indian subsidiary of Japanese automaker Suzuki Motor Corporation recently announced that it has earmarked an investment of Rs. 450 crores to expand its usage of renewable energy solutions in the next three years. In FY2023-24, Maruti Suzuki invested Rs 120.8 crores towards commissioning renewable energy initiatives like solar power and […] Read more
India Needs To Increase Renewable Deployments: IEA Report Updated On Tue, Jun 4th, 2024 by Saurenergy A latest report by the International Energy Agency (IEA) said that countries like India, European Union and the United States needed to accelerate the pace of deployment of renewable energy. The global energy think tank said that the acceleration is needed for India to achieve it target of ensuring 500 GW of capacities from non-fossil […] Read more
Saatvik Solar Adds Bhasu Energy As Channel Partner For Telangana & AP Updated On Mon, Jun 3rd, 2024 by Saurenergy Haryana-based, Saatvik Solar, an Indian Solar PV module manufacturing brand has added Bhasu Energy System LLP as a dedicated channel partner for Saatvik Solar, leveraging its network and expertise to enhance the accessibility of solar PV modules throughout Telangana. The move follows the expansion of Saatvik’s manufacturing capacity to 3 GW. By joining hands with […] Read more
Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage Updated On Fri, May 31st, 2024 by Saurenergy In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […] Read more
Climate Risk for Renewable Energy Projects & Parametric Insurance Updated On Fri, May 31st, 2024 by Saurenergy Amidst the global conversation on climate change, the renewable energy sector finds itself at a critical juncture. As we grapple with shifting weather patterns and rising temperatures, the sector faces significant challenges in maintaining its infrastructure and ensuring operational efficiency. Research suggests a 12% reduction in wind turbine capacity by the century’s end, and a […] Read more
News Brief May 29 – ib vogt, Gransolar Group, Recurrent Energy Updated On Wed, May 29th, 2024 by Saurenergy ib vogt completes 40 MWp solar power project in Poland International solar developer ib vogt has reached PAC (Provisional Acceptance Certification) for a 40 MWp solar PV project in Ziębice, Poland. The project has been delivering clean solar energy to the grid since December 2023 and passed all testing and requirements to commence full operation […] Read more
Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad Updated On Tue, May 28th, 2024 by Saurenergy Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply […] Read more