AMPIN Energy, Sumitomo Collaborate To Boost RE In India Updated On Fri, Sep 13th, 2024 by Saurenergy Sumitomo Corporation has established AMPIN C&I Power Private Limited, in cooperation with AMPIN Energy Transition Private Limited. The joint venture (JV) will be owned 51% by AMPIN and 49% by Sumitomo. The allocated funds will be used for the development, construction, and operation of State Transmission Utility (STU) connected projects providing renewable energy to Commercial […] Read more
Sungrow Unleashes Latest Solar, Storage, Green Hydrogen Solutions Updated On Fri, Sep 13th, 2024 by Saurenergy Sungrow, a global solar inverter and energy storage system provider, unveiled its latest portfolio of advanced solar, energy storage, and green hydrogen solutions at RE+ 2024 in Anaheim, on September 9-12. “North America continues to emerge as a crucial market for clean energy technologies, and Sungrow remains at the forefront, offering innovative, reliable, and future-ready […] Read more
Q3 2024: GE Vernova Faces $300Mn Loss Despite Onshore Wind Profitability Updated On Fri, Sep 13th, 2024 by Saurenergy GE Vernova recently released its financial results for 2024, in its financial guidance it posted a revenue trending towards the higher end of $34-$35 billion, adjusted EBITDA margin* of 5%-7%, and free cash flow* of $1.3-$1.7 billion. The company expects incremental strength in its Power and Electrification segments, with both trending towards the higher end […] Read more
Waaree Energies Recognized In RETC PV Benchmarking Report Updated On Fri, Sep 13th, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies Limited today announced its inclusion in the RETC PV Benchmarking Report 2024. The company said that it was only Indian solar panel manufacturer included in this report. Waaree Energies Limited has been rated as the overall highest achiever in the PVMI Report 2024. This award has been presented during […] Read more
Electrical Renewable Designer Updated On Fri, Sep 13th, 2024 by Saurenergy Functions in a mid level engineering technician capacity. Under general supervision, performs functions requiring intermediate knowledge and use of electronic applications, standards and document control processes/procedures in support of creating and modifying deliverables. May begin to provide technical guidance to other engineering technicians. Key Responsibilities:- Engineering Standards:- Continues to learn and remains current on standards, […] Read more
SECI Opens Bids For 1 GW Solar Power Projects Across India Updated On Fri, Sep 13th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to select solar power developers for 1 GW Inter-State Transmission System (ISTS)-connected solar PV power projects in India. The tender placed 4th October as the last date for bid submission. Under the scope of work, SECI mandates the solar power developer (SPD) to build […] Read more
EIB, Development Bank Of Southern Africa Grant €600 Mn To Private RE Sector Updated On Fri, Sep 13th, 2024 by Saurenergy The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs. A € 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to […] Read more
KSEB Signs Pact With SECI For 500 MW Solar Power Updated On Fri, Sep 13th, 2024 by Saurenergy The Kerala State Electricity Board (KSEB) has now signed an agreement with the Solar Energy Corporation of India (SECI) to boost the growth of solar energy in the southern state. This new deal is aimed at reducing power purchase costs by at least 10%. With this collaboration, the state board plans to add 500 MW […] Read more
President Approves VGF Scheme For 1 GW Offshore Wind Projects Updated On Fri, Sep 13th, 2024 by Saurenergy President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […] Read more
