APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
Control Engineer – Electrical & Renewable Updated On Tue, Jul 26th, 2022 by Saurenergy Engineer will be directly responsible for Power Plant controls engineering for renewable energy i.e. Solar, Wind, Microgrid projects Engage in understanding the engineering drawings to prepare and study technical data,Specification requirements for renewable energy (Solar, Wind, Hybrid) power plants. Engage in Controls application engineering and testing phases of renewable energy including Solar, BESS, Wind power […] Read more
Orsted Acquires Ostwind; Eyes Key Markets in Europe Updated On Mon, Jul 25th, 2022 by Saurenergy Renewable energy player Orsted has announced the signing of an agreement with Germany based Ostwind, a leading German developer, owner, and operator of onshore wind and solar power projects in Germany and France. For a consideration of EUR 689 million, Orsted will acquire a 100 % equity interest in OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & […] Read more
Recruitment of experienced professionals on fixed term basis in the area of Renewable Energy Updated On Thu, Jul 21st, 2022 by Saurenergy NTPC Limited is India’s largest integrated power company with installed capacity of 69,134 MW and has presence in the entire value chain of the power generation business. Commensurate with our country’s growth challenges, NTPC has embarked upon an ambitious plan to attain a total installed capacity of 130 GW by 2032. NTPC is looking for […] Read more
Indian Oil, NTPC Form JV For 650 MW RE Updated On Tue, Jul 19th, 2022 by Saurenergy India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […] Read more
Ncondezi Energy Looking To Install 300 MW Hybrid Storage In Mozambique Updated On Tue, Jul 19th, 2022 by Saurenergy Ncondezi Energy, Mozambique, Africa based power company has started a feasibility study on the hybrid solar-storage system market in Mozambique. As per the company, the goal of this feasibility study is to determine whether the city of Tete is a viable location for a solar project with a 300 MW maximum generation capacity and a […] Read more
India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData Updated On Mon, Jul 18th, 2022 by Saurenergy A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […] Read more
Mainstream And Aker Offshore Wind Join Hands For 27-GW Portfolio Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy players Mainstream Renewable Power and Aker Offshore Wind have announced that they have inked an agreement to combine the two companies to create a stronger renewable energy company with a 27 GW portfolio. The official statement of the companies holds that the new company will foray into solar, onshore wind and bottom-fixed and […] Read more
Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more