Siemens, Desert Technologies form ‘Capton Energy’ to develop solar projects Updated On Wed, Feb 23rd, 2022 by Saurenergy To provide a major boost to the ongoing energy transition, Saudi Arabia based solar power company Desert Technologies and Siemens have launched a joint venture (JV) called Capton Energy. The announcement has revealed that the novel joint venture will be jointly owned by financing arm of Siemens called Siemens Financial Services (SFS) and the Saudi Arabian company. […] Read more
Husk Secures Funding For Solar Microgrids in Rural India Updated On Thu, Feb 17th, 2022 by Saurenergy Patna based Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, today announced the successful close of a Rs.31 crores ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects […] Read more
China’s sunset on wind and solar subsidies could impact climate change efforts: IFFRAS Updated On Wed, Feb 16th, 2022 by Saurenergy International Forum for Rights and Security (IFFRAS) – a Canada based think tank – has reported that the renewables’ expansion that has been in full flow in China can see a reversal. In 2021, China finally ended many subsidies on solar and wind energy. This will discourage the use of cleaner sources of energy and […] Read more
Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval Updated On Mon, Feb 14th, 2022 by Saurenergy Madrid-based clean power platform Matrix Renewables has entered into a partnership with Spanish renewable energy company Energia Aliaval to co-develop at least 300MW of Italian solar farms in Italy. The development of new Italian solar farms partnership further builds on the company’s presence in Italy, said Matrix. With this project, Matrix Renewables reach close to […] Read more
A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more
Solar Proposal Engineer Updated On Tue, Feb 1st, 2022 by Saurenergy Create draft of proposals for on-grid, off-grid and hybrid Solar PV Power Plant according to client’s request Able to sort out the queries of Client/Consultant/Architecture Preparation of bids and quotation accordingly. Provide sales support & Calls to the client Experience in independently preparing Techno-commercial feasibility study, Detailed Project Report, Resource assessment and Energy Yield Assessment […] Read more
Senior Engineer -Project Engineering & Due Diligence Updated On Tue, Jan 25th, 2022 by Saurenergy DNV – Energy Systems: India, Bangladesh & Sri Lanka is seeking a Senior Engineer to support the Renewables Project Engineering and Due Diligence (DD) team, and through that, holds a dominant market position for due diligence services to support financing, construction and merger & acquisition of renewable energy projects in South Asia. In this role, our team provides […] Read more
Thanjavur Corporation Moves Closer to First Solar Plant Updated On Thu, Jan 20th, 2022 by Saurenergy Completing a project first initiated in January last year, the Thanjavur Corporation will tap soon be able to tap solar power to generate 3 megawatts of electricity for its consumption from a solar power plant being set up on the outskirts of the town under the Smart City Project. The ground mounted solar project has […] Read more
Long-term Finance at Low Rates for Power, RE in Budget, expects ICRA Updated On Mon, Jan 17th, 2022 by Saurenergy Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy measures are needed to promote investments […] Read more