How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
Queensland Goes With Tesla Megapack Batteries for 100MW BESS Project Updated On Thu, Mar 31st, 2022 by Saurenergy The state government of Queensland has announced that the state owned power company CS Energy will build a 100MW battery energy storage system (BESS) by using Tesla Inc’s Megapacks batteries to support renewable power. The move comes despite the well publicised accident involving the megapacks in Australia’s Victoria Big Battery project earlier in July last […] Read more
Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry Updated On Thu, Mar 31st, 2022 by Saurenergy The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators. The data reveals that at the end of […] Read more
Head of Hydro – Engineering Updated On Thu, Mar 31st, 2022 by Saurenergy As a Head of Hydro – Engineering, you’ll report to Director-Technical and following tasks would be a part of your job profile: Overall responsible for Hydro Power project Engineering and development from concept to commissioning. Should have experience of PFR, DPR, Detail design, handling of Engineering issues related to Construction Should have full idea of Topographical Survey, Geotechnical […] Read more
Assistant Manager/Manager – Origination Updated On Thu, Mar 31st, 2022 by Saurenergy As a Assistant Manager/Manager – Origination, you will have explicit P&L responsibility and shall report to the Head of Origination. You will be responsible to generate leads and build a relationship with Merchant Generators and Distribution companies. You will also be responsible to innovating and customising products and services for generators and distribution companies. Your role includes developing […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
Servotech Ropes In Deepak Kumar For EV Charger Vertical Updated On Thu, Mar 31st, 2022 by Saurenergy Servotech Power Systems Limited, a manufacturer and distributor of high-end solar products, LEDs, Oxygen Concentrators and EV Charging equipment, has announced the appointment of Deepak Kumar as its Vice President of EV charger vertical. In this role at Servotech, Deepak Kumar will strengthen the leadership team by leading the End to End Supply Chain & […] Read more
Karnataka Renewable Energy Policy Approved By State Cabinet Updated On Thu, Mar 31st, 2022 by Saurenergy The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […] Read more
