Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
QuantumScape Q2 2022 Report: Soon To Deliver 24-layer A sample Updated On Tue, Aug 9th, 2022 by Saurenergy QuantumScape (QS), the firm with the highest hopes riding on its solid state battery tech has released its second quarterly (Q2) 2022 report, updating the public on its progress in scaling affordable, energy dense cells for future EVs. The battery manufacturer has been in the business for the past decade. Yet, the firm has only […] Read more
Varun Mehta Is Torrent Power’s New Director On Board In Succession Plan Updated On Tue, Aug 9th, 2022 by Saurenergy Varun Mehta has been appointed to the Board of Torrent Power as Director. This move makes him the second third-generation member from the family to be elevated in a week’s time. This announcement comes close on the heels of the elevation of Aman Mehta, the son of Chairman, Torrent Group, Samir Mehta, to the board […] Read more
Ørsted Collaborates With Vietnamese Energy Player For Wind Projects Updated On Tue, Aug 9th, 2022 by Saurenergy Danish utility and global offshore wind leader Ørsted has declared that it has signed a memorandum of understanding (MoU) with Vietnamese energy contractor PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C). This partnership will pave the way for a collaboration for the development of offshore wind projects in Vietnam and globally between the two […] Read more
Brookfield Renewable Invests $3 Billion In Growth Initiatives In Second Quarter Updated On Tue, Aug 9th, 2022 by Saurenergy Brookfield Renewable Partners has reported financial results for the three and six months ended June 30, 2022. The Canada-based company has held that it had invested heavily for the growth of the businesses. Connor Teskey, CEO of Brookfield Renewable, declared, “The business performed well this quarter, as we delivered strong financial results, commissioned 1,000 megawatts […] Read more
Two Of The Four Gujarat State Discoms Top All-India Integrated Rating Updated On Mon, Aug 8th, 2022 by Saurenergy In the 10th Integrated Rating of Power Distribution Utilities, published by the Union Power Ministry, two of the four state-owned power distribution firms (DISCOMS) of Gujarat have emerged on top. Dakshin Gujarat Vij Company Limited (DGVCL) and Madhya Gujarat Vij Company Limited (MGVCL), two of the 71 discoms evaluated, took the top two spots, while […] Read more
Octopus Energy, Nest And GLIL Invest £200 Million In Hornsea One Updated On Mon, Aug 8th, 2022 by Saurenergy Octopus Energy Generation’s fund management group has invested £200 million in Hornsea One. For a sum of £400 million, the company has purchased a 12.5% share from Global Infrastructure Partners through a joint venture with GLIL Infrastructure, which is also contributing £200 million. A £3.6 billion fund called GLIL makes infrastructure investments on behalf of […] Read more
Solutions Engineer Updated On Mon, Aug 8th, 2022 by Saurenergy Cooperate and communicate effectively with project manager and other project participants to provide assistance and technical support. Maintain project schedule by monitoring project progress, coordinating activities, and resolving problems. Prepare, schedule, coordinate and monitor the assigned engineering projects. Monitor compliance to applicable codes, practices, QA/QC policies, performance standards and specifications. Interact daily with the clients […] Read more
World’s First Subsidy-Free Offshore Wind Farm In Netherlands Produces First Power Updated On Mon, Aug 8th, 2022 by Saurenergy The 1.5GW Hollandse Kust Zuid offshore wind farm, the first subsidy-free offshore wind farm in the world, has started producing power and supplying it to the Dutch electrical grid. Swedish power company Vattenfall won the right to build all four allotments in the Hollandse Kust Zuid. No financial aid from the government was required or […] Read more