Singapore’s Nexif Ratch Energy Appoints Cyril Dissescou CEO Updated On Thu, Jan 11th, 2024 by Saurenergy Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”), a leading owner/operator and developer of clean-energy power projects in the Asia Pacific region, has announced the appointment of Cyril Dissescou as its Chief Executive Officer. Cyril takes over from Matthew Bartley who stepped in as interim CEO to establish Nexif Ratch Energy during its first […] Read more
EVIFY Raises $1.3 Million From Piper Serica Angel Fund Updated On Thu, Jan 11th, 2024 by Saurenergy EVIFY, a Surat-based Electric Vehicle (EV) logistics startup, has announced that it raised $1.3 million in funding in a ‘Pre-Series A’ round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors, ‘We Founder Circle’ and ‘IVY Growth’, along with a few angel investors, also participated in the round. The startup, EVIFY […] Read more
Pinewood, Braithwaite collaborate to develop 500 MW solar project of MSEDCL Updated On Thu, Jan 11th, 2024 by Saurenergy Indian renewables’ investor Pinewood Systems (PSPL) has said that it has formed its “executive team” that will develop the company’s upcoming 500 MW Solar Project in collaboration with Braithwaite & Co., a public sector under the Ministry of Railways. Satish Jha, Chairman, Pinewood Systems said that the board has chosen a high-performing team educated at […] Read more
2023 Hottest Year On Record, But Solar Power Delivers Updated On Thu, Jan 11th, 2024 by Saurenergy Europe based Solargis, focused on solar data and software, has analyzed the annual performance of solar irradiance for 2023, revealing the trends and variations of solar irradiance across the globe. The analysis shows that global solar irradiance remained relatively stable or increased in some regions, despite the record-breaking heat and extreme weather events driven by […] Read more
E-Fuel Hybridization With Solar Can Improve Energy Production: IEA Updated On Wed, Jan 10th, 2024 by Saurenergy A latest report by the International Energy Agency (IEA) on, “Role of E-Fuel in Decarbonizing Transport”, studied the role of hybridization of E-Fuel with wind and solar as a solution in reducing carbon dioxide (CO₂) emission. The report stated, “E-Fuel have emerged as an alternative in situations where, the usage wind and solar resources is […] Read more
MERC Imposes 45L Penalty On MSEDCL Over Non-Compliance Updated On Wed, Jan 10th, 2024 by Saurenergy In its latest judgment, the Maharashtra Electricity Regulatory Commission (MERC) imposed penalties on the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) over non-compliance issues. The Maharashtra power regulator passed the Order after Harshwardhan Jadhav, an ex-MLA, moved MERC, seeking action against the state discom. In his petition before the MERC, the petitioner blamed the MSEDCL for non-compliance with the […] Read more
With Lowest Bid Of Rs 3.15, Only Three Winners For SECI 2000 MW Tranche VII Hybrid Tender Updated On Wed, Jan 10th, 2024 by Saurenergy NTPC Renewable Energy, Juniper Green Energy and Sembcorp emerged as the only three bidders acceptable to Solar Energy Corporation of India (SECI) for the 2000 MW ISTS connected Hybrid projects. With bids received for only 1265 MW, SECI had reduced available capacity to 1012 MW at 80% of aggregate bid capacity. The results for the […] Read more
CERC Awards Compensation To Torrent Power Over Surged GST Rates Updated On Wed, Jan 10th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, awarded compensation to a subsidiary of Torrent Power against the rise of Goods and Services Tax (GST). Its subsidiary– Torrent Solargen Limited (TSL), is a generating company. It had set up its 115 MW ISTS-connected wind power project in the Kutch district of Gujarat. The company […] Read more
BYD Set To Build New 30 GWH Sodium-Ion Battery Facility In China Updated On Wed, Jan 10th, 2024 by Saurenergy Chinese automotive company BYD has announced building a new sodium-ion battery facility in Xuzhou. With an investment of nearly USD 1.4 billion, the new facility is projected to generate an annual capacity of 30 GWh. BYD which stands for ‘Build Your Dream’ it’s a Chinese multinational conglomerate specializing in various industries, including electric vehicles, researchable […] Read more
