Indian Railways Eyes Net Zero Carbon Emissions By 2030 Updated On Tue, Oct 11th, 2022 by Saurenergy According to the recently released statement by the Ministry of Railways, the Indian Railways intends to attain net-zero carbon emissions by 2030, while also concentrating on expanding network capacity. According to the Ministry, Indian Railways has a goal to steadily reduce its carbon impact and achieve net zero emissions by 2030. As per the report, […] Read more
MNRE Clarifies On Applicability of ALMM Rules For Open Access, Net Metering Projects Updated On Tue, Oct 11th, 2022 by Saurenergy In an office memorandum on October 7, the Ministry of New and Renewable Energy has issued some key clarifications regarding it’s rules for usage of ALMM (Approved list of module manufacturers) modules across projects in India. The ministry, through another OM, had mandated the use of ALMM modules for all projects approved post April 1, […] Read more
Avinash Punekar: The New Chief Executive Officer at iCreate Updated On Mon, Oct 10th, 2022 by Saurenergy Innovation-based start-up incubator iCreate (International Centre for Technology and Entrepreneurship) has announced the appointment of Avinash Punekar as its new Chief Executive Officer, effective from October 1, 2022. With over three decades of experience in leadership roles across technology and operations in both startups and large businesses, Avinash will lead iCreate’s efforts in incubating breakthrough […] Read more
Manager- Back Office for Market Operations Updated On Fri, Oct 7th, 2022 by Saurenergy As a Manager- Back Office for Markets Operations, you’ll report to Head of Finance and Risk Management and following tasks would be a part of your job profile: Ownership of all energy revenue and purchase processes for the Markets Operations of Statkraft in India. This includes contract management (with customers, vendors and power exchanges), customer/ vendor master data. […] Read more
ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy Updated On Fri, Oct 7th, 2022 by Saurenergy Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […] Read more
Fluence, TransnetBW To Build 250 MW Energy Storage System Updated On Thu, Oct 6th, 2022 by Saurenergy Fluence Energy GmbH and TransnetBW GmbH have announced that they would deploy the world’s largest battery-based energy storage-as-transmission project. The 250 MW Netzbooster battery-based energy storage system will be located at Kupferzell, a major grid hub in Germany. Fluence said that the project will improve energy security and significantly support Germany’s energy transition pathway by […] Read more
DIF Announces Investment In Qair – 1GW Global Renewables Platform Updated On Thu, Oct 6th, 2022 by Saurenergy DIF Capital Partners (DIF) has announced that it will be investing in Qair through its Infrastructure VII fund. Qair is a French renewable energy platform. The objective of the investment is to step-up the growth and portfolio build out. Last week, DIF had also announced an investment into 5 renewable projects in Australia and Europe. […] Read more
Coping With Volatility- The New Reality Of EPC Contracts Updated On Thu, Oct 6th, 2022 by Saurenergy Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […] Read more
European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark Updated On Thu, Oct 6th, 2022 by Saurenergy Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […] Read more