Kotak Mahindra Arm to invest ₹1000cr in Sify’s Data Center biz, RE Assets Updated On Tue, Nov 2nd, 2021 by Saurenergy A distressed assets focused fund promoted by a Kotak Mahindra Bank arm on Monday announced a Rs 1,000-crore investment in the data centre business of Sify Technologies. The investment in Sify Infinit Spaces will help the company invest up to Rs 4,000 crore in building data centres in Mumbai, Noida, Chennai, Bangalore and Hyderabad and […] Read more
Proposed Amendment by Power Ministry To Power Corporate and Industrial RE Development Updated On Mon, Nov 1st, 2021 by Saurenergy With 4 stakeholder consultations already held, the proposal by the power ministry to amend the Energy Conservation Act, 2001 is moving ahead. The amendments will have the twin objectives of enhancing demand for renewable energy at the end- use sectors such as Industry, buildings, transport etc, and also support the climate goals commitments of the […] Read more
Manager – Business Finance Updated On Thu, Oct 28th, 2021 by Saurenergy Work in the Business Finance Team on driving various Finance & Digitalisation initiatives Roles and Responsibilities:- Drive and Program manage Digitalisation & Finance transformation initiatives along with process / policy changes Work on various finance related process improvement initiatives (Improved Reporting & Forecasting, Financial Analysis etc.) Work on need based financial and operating performance analysis […] Read more
Apple Adds 9 GW of Clean Power and Doubles Supplier Commitments Updated On Thu, Oct 28th, 2021 by Saurenergy Technology giant Apple has revealed that the company has more than doubled the number of suppliers committed to using 100 percent clean energy over the last year, accelerating progress toward its ambitious 2030 goal to be carbon neutral across its supply chain and products. In total, 175 Apple suppliers will transition to using renewable energy, […] Read more
Clean Energy Index Launched In Bloomberg, Goldman Sachs Collaboration Updated On Thu, Oct 28th, 2021 by Saurenergy Bloomberg and Goldman Sachs Asset Management have announced the launch of the Bloomberg Goldman Sachs Global Clean Energy Index. Designed with the energy expertise at both firms, the index is a modified free float-adjusted market capitalization weighted index tracking the performance of over 175 global equities with significant business exposure to the clean energy sector. […] Read more
Honeywell Debuts Flow Battery For Formal Testing, 12 Hours Power Discharge Promised Updated On Wed, Oct 27th, 2021 by Saurenergy US-based multinational Honeywell has announced the development of a new flow battery for providing long duration power of up to 12 hours. The firm says the technology will be first tested by US utility major Duke Energy in a 400kWh system configuration in 2022, before being scaled upto a 60MWh pilot project by 2023. The […] Read more
IRENA, Climate Investment Funds Partner to Advance Energy Transition Updated On Tue, Oct 26th, 2021 by Saurenergy The Climate Investment Funds (CIF) and the International Renewable Energy Agency (IRENA) are joining forces to accelerate investment in clean energy globally as part of a new memorandum of understanding (MoU) signed yesterday during a virtual signing ceremony with CIF CEO Mafalda Duarte and IRENA Director-General Francesco La Camera. Just days ahead of the UN’s […] Read more
Power Minister R.K. Singh Kicks Off GDAM Market In India Updated On Tue, Oct 26th, 2021 by Saurenergy R K Singh, Union Minister of Power & New and Renewable Energy, launched the new market segment, Green Day Ahead Market (GDAM) on October 25. The start of this market, combined with free ISTS for renewable energy projects and Open access permissions within 15 days should be a paradigm shift for the market, according to […] Read more
Singapore Plans Electricity Imports to Boost Security, Diversify Supply Updated On Mon, Oct 25th, 2021 by Saurenergy Singapore plans to import up to 4 gigawatts (GW) of low-carbon electricity by 2035, or about 30% of its total supply, trade and industry Minister Gan Kim Yong said on Monday, to diversify supply and boost energy security. The Asian city-state will start with trials to resolve technical and regulatory issues over cross-border power trading, […] Read more
