Actis Forms Blupine Energy to Develop renewable energy in India Updated On Fri, May 6th, 2022 by Saurenergy Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […] Read more
Battery Boom Could Redraw Geopolitical Order Updated On Fri, May 6th, 2022 by Saurenergy Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […] Read more
50% of Power In Spain Comes From Renewables In April Updated On Fri, May 6th, 2022 by Saurenergy Span’s national grid operator Red Electrica de Espana has informed in its estimates report that Spain had produced a little over half of its electricity from renewable sources of energy last month. It said that in April the Spanish power coming from clean sources was 50.1 per cent. It has higher than what was produced […] Read more
Assistant Manager- Electrical (ERC) Updated On Fri, May 6th, 2022 by Saurenergy Basic Engineering of Electrical work Review of detailed engineering for Electrical work Key Responsibilities:- Primary Area of Responsibility – 90%:- Selection of Electrical Equipment as per process requirement, P & I D and Tender Documents, and Scrutinized the scope of work for Electrical. Preparation of Electrical Documents i.e. Electrical Load List, MCC Sizing, SLD, Cable […] Read more
Pumped hydro resurfaces when sun doesn’t shine and wind doesn’t blow Updated On Fri, May 6th, 2022 by Saurenergy When the sun doesn’t shine and the wind doesn’t blow, grid-scale energy storage will be a big challenge as climate neutrality increasingly presses for a massive scale-up. Pumped hydro is back and can catapult India into the big league to make up for the lost opportunities. Not just that, as we are seeing during the […] Read more
Developing Economies Such As India Can Have Climate Resilient Energy Independence Updated On Wed, May 4th, 2022 by Saurenergy Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […] Read more
Germany Pledges €10 billion support for India to achieve 500GW RE by 2030 Updated On Wed, May 4th, 2022 by Saurenergy Prime Minister Narendra Modi and Germany Chancellor Olaf Scholz signed a joint declaration in Berlin according to which Germany has pledged €10 billion ($10.52 billion) support to India until 2030 to help the country meet its target of raising its non-fossil energy generation capacity to 500 GW. PM Modi and Chancellor Scholz signed a joint […] Read more
Indonesian Anantara Joins the List of Singapore’s Renewable Energy Suppliers Updated On Mon, May 2nd, 2022 by Saurenergy Indonesia based Anantara Energy Holdings Pte Ltd, a new JV between local solar power producer Quantum Power Asia and German renewable energy firm ib vogt GmbH, plans to export electricity to Singapore. The JV will see an investment to the tune of USD 5 billion (EUR 4.64bn) in the project, building a solar park of […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more