Two Point O Capital Raises $6.3 Million From Omnivore, Others Updated On Fri, Sep 27th, 2024 by Saurenergy Two Point O Capital, a climate financing platform for businesses (including MSMEs and rural enterprises), announced today that it has raised $6.3 million in Seed funding. VC fund Omnivore led the round with participation from Multiply Ventures, RTP Global, GrowX, Spectrum Impact, and a group of angel funders. Two Point O aims to address the […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
SJVN Invites Bids For 600 MW/2,400 MWh ESS Across India Updated On Mon, Sep 16th, 2024 by Saurenergy SJVN, in coordination with the Renewable Energy Implementation Agency (REIA), has released a 1.2 GW tender for solar plus energy storage. The tender invites bids from Solar Power Developers (SPDs) to set up ISTS-connected Solar PV Power Projects with 600 MW/2,400 MWh Energy Storage Systems (ESS) anywhere in India under Tariff-Based Competitive Bidding on a […] Read more
NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs Updated On Wed, Sep 4th, 2024 by Saurenergy On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […] Read more
NTPC Issues 1.2 GW Hybrid Tender With 600 MW Greenshoe Option Updated On Fri, Aug 30th, 2024 by Saurenergy NTPC has released a tender to select hybrid power generators for the supply of 1.2 GW of power from inter-state (ISTS)-connected wind-solar hybrid power projects anywhere in India. This project has a greenshoe option for an additional capacity of up to 600 MW on a Build-Own-Operate (BOO) basis with 20th of September set as the […] Read more
Business Development Manager- Oil and Gas Updated On Fri, Aug 23rd, 2024 by Saurenergy Great opportunity to join a highly entrepreneurial Business Development role in an existing hypergrowth venture in Green Hydrogen & Derivatives Space. Further details are to be revealed in 1-1 discussion. Please do not apply if you do not meet the mandatory requirements below. Develop and deploy scaled-up commercially attractive Green Hydrogen and Green Ammonia production […] Read more
Engineer- Planning- Wind O&M Updated On Wed, Aug 21st, 2024 by Saurenergy In a role of Operation Planner, you will act as bridge between Field team and Central team. You will be directly reporting to Business Planner Wind (O&M) and your core job is to support the planner for scheduling, planning & coordinating with Wind farm O&M team & support functions like Supply chain, Engineering, Admin & […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more