MENAP, CCA Regions Need Cumulative Investment of $884 Bn to Meet Emission-Curbing Goals Updated On Mon, Nov 7th, 2022 by Saurenergy A new study by the International Monetary Fund (IMF) has revealed that renewable energy expansion in the Middle East and Central Asian regions will require an investment that would equal one-fifth of their current GDP of the countries that fall in the regions. The IMF study has been conducted by Middle East and Central Asia […] Read more
Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness Updated On Thu, Nov 3rd, 2022 by Saurenergy India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi […] Read more
Deputy General Manager-Subcontracts Updated On Mon, Oct 31st, 2022 by Saurenergy Key Responsibilities:- Handling of Subcontractors from SCM Function – Pre-award of Subcontracts for International Solar projects in various locations viz., Chile, Australia, Africa etc, Operate from Mumbai HO. Responsibility includes, Collating RFQ docs from internal stake holders, identifying contractors, due diligence of bidders, Techno-commercial evaluation, internal approval process & Order placement Project coordination amongst Business […] Read more
Various Posts for Young Professional Updated On Mon, Oct 31st, 2022 by Saurenergy SECI invites applications for various position of Young Professional from talented, innovative and dynamic candidates who are keen to demonstrate their proven academic, credential, professional achievements. Details of the same are given below: SI.N o Name of Position No. of YP Eligibility Criteria 1 YP (Hydrogen Energy) 01 Degree in Mechanical/ Chemical/ Electrical/ […] Read more
Norwegian Firm Equinor’s RE Unit Reports Losses in Q3 2022; Net Operating Loss at US$56m Updated On Fri, Oct 28th, 2022 by Saurenergy Government-owned Norwegian firm Equinor has shared that it is witnessing expanding losses from its renewables unit. The losses have been reported in the third quarter 2022 as against the corresponding quarter last year. The renewables arm of Equinor recorded a net operating loss of US$56m in the quarter- more than twice the figure in the […] Read more
General Motors Secures 100% Energy Needed to Achieve RE Goal Updated On Fri, Oct 28th, 2022 by Saurenergy Auto giant General Motors has announced the finalization of energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. This is in line with the accelerated target which is five years ahead of the 2030 target announced in early 2021. Through this, GM expects to avoid […] Read more
Why Grow Slow? Breaking The Barriers To Faster EV Adoption Updated On Thu, Oct 27th, 2022 by Saurenergy By Abhishek Dabas, COO, Amplus Solar’s Clean Mobility Arm The availability of low-cost financing is one of the biggest barriers to growth, especially for individuals and small business owners. This becomes more visible whenever there are new opportunities for growth that don’t come everyday. It is frustrating for those affected to see access to financing […] Read more
China’s NIO Invests $273 Mn To Establish Separate Battery Tech Company Updated On Wed, Oct 26th, 2022 by Saurenergy Chinese electric vehicle manufacturer NIO has established a new entity called NIO Battery Technology (Anhui) Co. Ltd. and it is being headed by William Li as its Chairman, who is also the founder of NIO. According to reports, the capital is of about $273 million of the new company which will be controlled absolutely by […] Read more
France’s TotalEnergies Partners with Brazil’s Casa dos Ventos Updated On Wed, Oct 26th, 2022 by Saurenergy Leading energy firm based in France, TotalEnergies (TTE) has joined hands with Casa dos Ventos (CDV)- Brazil’s renewable energy developer. The two will unite towards the creation of a 34% (TTE), 66% (CDV) JV for the development and operation of the renewable portfolio of Casa Dos Ventos. The renewable energy portfolio entails 700 MW of […] Read more
