UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform Updated On Fri, Mar 31st, 2023 by Saurenergy UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […] Read more
Sterling & Wilson Selects Nextracker for NTPC REL’s 1.255 GW/1.568 GW Project Updated On Thu, Mar 30th, 2023 by Saurenergy A provider of solar tracker and software solutions, Nextracker, has announced the signing of an agreement with Sterling and Wilson Renewable Energy Limited, which is renewable energy EPC and O&M solutions provider. Nextracker will deliver its solar trackers to NTPC Renewable Energy Limited’s 1.255 GW solar PV project in Khavda Renewable Energy Park, Gujarat. Sterling […] Read more
GERC Fixes Additional Surcharge Payable by Open Access Consumers at Rs. 0.76/kWh Updated On Thu, Mar 30th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has fixed the additional surcharge payable by open access consumers for the period of 1st April, 2023 to 30th September, 2023 at Rs. 0.76/kWh. This will be applicable to the consumers of four-state owned DISCOMs, namely Dakshin Gujarat Vij Company Limited (DGVCL), Madhya Gujarat Vij Company Limited (MGVCL), Paschim […] Read more
Program Manager (NPI)- EMS & Electrical Updated On Wed, Mar 29th, 2023 by Saurenergy The Manager Program Management (NPI) will be based in Hyderabad. In this position, you will report to the Senior Manager Program management. Responsibilities:- Coordinate the day-to-day activities required to deliver all projects and deliverables on time. Develop the overall prioritization, milestones, deliverables, and success criteria. Coordinate with cross functional teams (i.e. product management, engineering, quality, […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
Agilitas Energy Acquires Texas Energy Storage Systems Portfolio for $75 Million Updated On Wed, Mar 29th, 2023 by Saurenergy American solar PV and storage conglomerate Agilitas Energy will be acquiring a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston in Texas from Californian player Gulf States Renewable Energy, which is a subsidiary of GSR Energy. The official statement of Agilitas Energy held that the deal value about $75 million […] Read more
Irish Firm Aer Soléir to Develop 130 MW Hybrid Project in Spain Updated On Tue, Mar 28th, 2023 by Saurenergy Ireland-based Aer Soléir and Spanish developer Tartessos Power Development have announced the signing of a development services agreement covering the co-development of a hybrid project of more than 130 MW in the Andalucía region of Spain. Aer Soléir is focused on multi-technology renewable energy development, construction and operation with a particular emphasis on utility-scale onshore […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
Wärtsilä, Eolian Complete 200 MW Standalone ESS in Texas Updated On Tue, Mar 28th, 2023 by Saurenergy Finnish engineering company firm has announced that it has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian, a portfolio company of Global Infrastructure Partners. The two ESS projects are called Madero and Ignacio plants that will be operated using Eolian software, […] Read more
