Floating Solar On A Growth Path Updated On Thu, Jul 29th, 2021 by Saurenergy In Solar’s rise to pre-eminence from a fringe renewable energy option just a decade back, it’s time to consider the rise of floating solar (also called floatovoltaics in many cases). To think that it did not even exist at any scale till 2013. The earliest patent on floating solar was taken out only in 2008. […] Read more
ANAND Group and Mando Corporation Form Joint Venture for EV Market Updated On Wed, Jul 28th, 2021 by Saurenergy The global producer of automotive products, ANAND Group has formed a new joint venture (JV) with Mando Corporation, a Korean OEM of automobile parts. The new JV company named ANAND Mando eMobility will manufacture and supply Motor and Controller for the emerging two and three-wheeler Electric Vehicle (EV) Market. To capitalize on the emerging opportunity […] Read more
Talent Acquisition Lead Updated On Tue, Jul 27th, 2021 by Saurenergy Manage and implement continuous improvements in the Talent Acquisition strategy for the shared service centres in India. Align with the global Talent Acquisition practices of Emerson. Plan and drive recruitment process based on business requirements; includes sourcing and screening candidates, managing end-to-end recruitment process through the onboarding stage. Coordinate with Business Heads, hiring managers and global engineering & IT […] Read more
Arctic Green Energy and GIC to Jointly Decarbonsise Building Sector Updated On Tue, Jul 27th, 2021 by Saurenergy Arctic Green Energy, an Iceland-based renewable firm, and GIC, Singapore’s sovereign wealth fund, are partnering to drive the uptake of zero carbon district heating in Europe and Asia. Under the agreement, GIC will become an equity partner in Arctic Green Energy and commit a new injection of $240 million to support the expansion of the […] Read more
Fourth Partner Energy Takes Over 8.9MW Solar Portfolio from Statkraft India Updated On Fri, Jul 23rd, 2021 by Saurenergy Fourth Partner Energy has acquired 8.9 MW of solar portfolio from Statkraft India. India’s distributed solar energy firm focusing on building and financing solar projects, Fourth Partner Energy has announced acquiring 8.9 MW of solar energy portfolio of Statkraft India, an Indian branch of a European generator of renewable energy. This marks the first acquisition […] Read more
Global Electricity Demand Growing Faster than Renewables: IEA Report Updated On Fri, Jul 23rd, 2021 by Saurenergy Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, says a new report from the International Energy Agency. After falling […] Read more
Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx Updated On Thu, Jul 22nd, 2021 by Saurenergy UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […] Read more
Larsen & Toubro Construction Arm Secures Orders in India & Overseas Updated On Tue, Jul 20th, 2021 by Saurenergy Indian multinational EPC contractor Larsen & Toubro’s construction arm has won a slew of orders in India and abroad for various businesses. It has been awarded significant power transmission and distribution contracts in Ladakh and Ayodhya, as well as overseas projects in Saudi Arabia, Africa and Thailand. The company’s power transmission & distribution business has […] Read more
Siemens to Build 100 MW Battery Storage Facility in Germany Updated On Tue, Jul 20th, 2021 by Saurenergy Technology company Siemens Smart Infrastructure has signed a letter of intent with Zukunftsenergie Nordostbayern GmbH for the turnkey construction of a 100 MW battery storage facility in Wunsiedel, Germany. The plant, with a storage capacity of 200 megawatt hours, is intended to use surplus renewable energy and cover demand peaks in the power grid. The 5,000 square […] Read more