Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms Updated On Wed, Jun 28th, 2023 by Saurenergy World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […] Read more
AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia Updated On Wed, Jun 28th, 2023 by Saurenergy Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australia’s natural resource sector, the firm announced recently. The company’s subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. […] Read more
Meghmani Finechem Commissions 18.34 MW Hybrid RE Plant Through SPV ReNew Green Updated On Wed, Jun 28th, 2023 by Saurenergy Meghmani Finechem Limited (MFL), which delves into agrochemical products, has successfully commissioned a wind-solar hybrid power plant of 18.34 MW in Gujarat. The hybrid plant has been commissioned through its Special Purpose Vehicle (SPV) ReNew Green (GJS Three) Private Limited. The power flow has begun, it added. The Indian government has set sights on curbing […] Read more
Omnivore Seals First Close of Third Fund at $150 Million Updated On Wed, Jun 28th, 2023 by Saurenergy Impact venture capital firm Omnivore has announced the first close of its third fund at $150 million. First close investors include KfW, the Self Reliant India (SRI) Fund, FMO, SIFEM, the International Finance Corporation (IFC) with support from the Bill & Melinda Gates Foundation Inclusive Agritech Facility, Louis Dreyfus Company Ventures, the Dutch Good Growth […] Read more
Sr. Manager/AGM – Plant Maintenance & Utilities Updated On Tue, Jun 27th, 2023 by Saurenergy Lead the site Maintenance function in providing both a reactive and pro-active, multi-skilled maintenance service on all operational equipment and facilities infrastructure. Responsible for mean time between failure and downtime reduction, and manage and implement improvement plans, driving Key Performance Indicators (KPI’s) ensuring that Health, Safety and Environmental requirements are adhered to. Manage the team […] Read more
DGM-PPL Electromechanical Updated On Tue, Jun 27th, 2023 by Saurenergy Key responsibilities:- Contribute to Make/Buy and Design/Buy analysis in order to have early supplier involvement on projects. Bring supplier market knowledge through co-development & innovation. Ensure RFQ, cost finalization, sample development, part approval in close coordination with project team while securing parts procurement for prototype, pilot & mass production as per target dates. De-risk supply […] Read more
Power Electronics – Firmware Developer Updated On Tue, Jun 27th, 2023 by Saurenergy As a Firmware Developer for Power Electronics Products, specializing in 3-Phase UPS Systems, she/he will be responsible for developing and maintaining the UPS firmware that governs the operation of the UPS system. Her/his primary focus will be on designing, implementing, testing, and debugging firmware solutions to ensure the reliable and efficient performance of the UPS […] Read more
Statkraft Secures German Contract for Solar & Battery Storage Updated On Tue, Jun 27th, 2023 by Saurenergy Statkraft, a Norwegian renewable energy provider, has secured a contract from the Federal Network Agency, the German regulatory authority, to construct a solar power plant coupled with battery storage in Zerbst, Germany. This opportunity emerged following the authority’s announcement of tenders in May 2023. The tenders targeted a combined total capacity of 400 MW. Statkraft’s […] Read more