Economic Survey 2022-23: India a Hotspot for Investment in Renewables & Other Observations Updated On Wed, Feb 1st, 2023 by Saurenergy The Economic Survey 2022-2023 has made some important observations about the trajectory of renewable energy sector and transition to clean energy sources. Here are some key observations- Inching towards installed capacity from clean sources The Economic Survey notes that India has already achieved the feat of having 40 per cent of installed electric capacity from […] Read more
Electrical Design Engineer-PAF Updated On Tue, Jan 31st, 2023 by Saurenergy Perform as Lead Electrical Designer, Expertise with the Design of “Airports & Hangar Maintenance shops, Metro Rails & Maintenance Depots, Convention and Exhibition Halls, IT Parks, Tall Buildings, Datacentre, Hospitals & Stadium design” based on Globally / Nationally accepted Codes and Standards. Read and understand the Electrical Technical Specification, Design Basis Report, Technical Report, BOQ, […] Read more
Fractal EMS and You.On Integrate Largest BESS in Brazil Updated On Mon, Jan 30th, 2023 by Saurenergy US based Fractal EMS Inc and You.On have announced that they have completed the integration of the largest battery energy storage system (BESS) in Brazil that has a capacity of The 30 MW/60 MWh. You.On is a Brazil based firm specialising in storage solutions. The official statement of Fractal EMS held that the BESS project […] Read more
Norwegian Fund To Invest $62 Million In SAEL To Help Develop 3GW Renewables Updated On Fri, Jan 27th, 2023 by Saurenergy The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding more than 2.8 million tons of CO2 emissions. Given the […] Read more
Enfinity Global, Statkraft Sign PPA For 191 Gwh Supply In Italy Updated On Fri, Jan 27th, 2023 by Saurenergy Global renewable players Enfinity Global and Statkraft have announced that they have signed a 10-year solar power purchase agreement (PPA) in Italy. As per the deal, the committed energy will be produced by a 112 MW utility-scale solar power portfolio owned by Enfinity Global. The official statement by Enfinity held that the solar power portfolio, […] Read more
ACME, Norfund Alliance for Renewable Energy In India Updated On Fri, Jan 27th, 2023 by Saurenergy Gurugram headquartered renewable energy player ACME has collaborated with Norfund – the Norwegian investment fund – under which the two companies will invest together in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and it invests in developing countries. Manoj Upadhyay, Founder and Chairman, ACME Group, said, “I […] Read more
US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions Updated On Wed, Jan 25th, 2023 by Saurenergy Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […] Read more
Study Says Clean Energy Transition Could Save India $19.5 Billion Annually By 2025 Updated On Wed, Jan 25th, 2023 by Saurenergy According to a recent study by Global Energy Monitor, India has the potential to save up to $19.5 billion annually by achieving its goal of adding 76 GW of utility-scale solar and wind power by 2025. India has been ranked among the top seven countries globally in terms of prospective renewable power, according to a […] Read more
Amid Eskom Struggles & Load Shedding, South African Switches On Renewables Action Plan Updated On Tue, Jan 24th, 2023 by Saurenergy South Africa, long plagued by inefficiencies at national discom Eskon, has decided to move decisively to change the narrative. The country, facing further 2 years of load shedding as projected by Eskom, has made a plan to add 14.771 GW of new wind, solar and battery storage capacity to the national grid. Ever since 2010, […] Read more