ALMM Is Back, With Key Exemptions Updated On Sat, Feb 10th, 2024 by Saurenergy The Indian government has tried to strike a balance between key stakeholders with the restoration of the Approved List of Module Manufacturer (ALMM) conditions, albeit with some vital exemptions. In an order dated Feb 9, the Ministry for New and Renewable Energy (MNRE) confirmed that ALMM will be reimposed from April 1, 2024, after being […] Read more
Technical Development Manager Updated On Thu, Feb 8th, 2024 by Saurenergy Currently we are looking for a Technical Development Manager in New Delhi, India to be part of our global team working together towards our vision – Improving our future. The Technical Development Manager (TDM) has overall responsibility to support the projects during the opportunity and development phase by managing the engineering, supply chain and project control resources and workstreams to deliver a consistent […] Read more
Stanford Study Develops Battery-Hydrogen Combo For Reliable Grids Updated On Wed, Feb 7th, 2024 by Saurenergy A recent study by Stanford University demonstrated that combining battery storage with hydrogen fuel cells can ensure low-cost reliability. In the study Stanford engineering professor Mark Z. Jacobson, he used a computer modelling system to bust the myth, he said, “The fossil fuels – rather than a combination of renewables, battery storage, and hydrogen fuel […] Read more
EU Finalizes Net-Zero Industry Act, Boosts Green Technology Deployment Updated On Wed, Feb 7th, 2024 by Saurenergy The Council and the European Parliament recently reached a provisional deal on the regulation establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem, better known as the ‘Net-Zero Industry Act’ (NZIA). Under the agreement, there will be a single list of net-zero technologies, with criteria for selecting strategic projects in those […] Read more
BrightNight Rings In Leadership Changes For 37 GW Project Portfolio Updated On Tue, Feb 6th, 2024 by Saurenergy BrightNight, a global renewable power independent power producer (IPP) built to deliver clean and dispatchable solutions, recently announced the addition of two senior leaders to support the buildout of its 37 GW global portfolio in the areas of Asset Management (A&M), Operations & Maintenance (O&M) and Construction: Jeff Gibbons joins as Senior Vice President of […] Read more
Waaree Renewables Technologies Wins Rs 547.5 Crore EPC Order Updated On Mon, Feb 5th, 2024 by Saurenergy Mumbai headquartered Waaree Renewable Technologies Limited (WAAREERTL) has secured a Letter of Award (LOA) as per which the company will be executing an Engineering, Procurement and Construction (EPC) work for a solar power project of 412 MWp /335 MWac. This will be executed on a turnkey basis. The EPC work order of Waaree for the […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
Railways Awards Contracts To 6 Firms For Its 750MW RE Project Updated On Wed, Jan 31st, 2024 by Saurenergy The Indian Railways has chosen six renewable energy companies to develop 750 MW of Round-The-Clock (RTC) renewable power. This comes after it released a tender earlier last year seeking developers. The Railway Energy Management Company Limited (REMCL) floated the tender. REMCL is a joint venture of the Indian Railways and RITES Ltd. As per the […] Read more
