India Ratings Downgrades SWREL to Default Grade Updated On Wed, Oct 11th, 2023 by Saurenergy In a move that is likely to shock, if not surprise quite a few in the industry, India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Limited’s (SWREL) bank facilities’ ratings to ‘IND D’ from ‘IND BB-’ while resolving the Rating Watch with Negative Implications. According to India Ratings, the key […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
RE Generators Selling Power At Power Exchanges Can Issue REC: CERC Updated On Wed, Oct 11th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges. The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […] Read more
Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing Updated On Wed, Oct 11th, 2023 by Saurenergy Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing As India’s domestic solar manufacturing ramps up from an estimated 38 GW currently to over 100 GW by 2026, firms have realised the limits of doing business as usual. Counting on large government-backed projects, with exports as the icing on the cake when […] Read more
TCIL Issues Tender for 26 MW Solar Projects at Oman Airports Updated On Wed, Oct 11th, 2023 by Saurenergy Telecommunications Consultants India Ltd. (TCIL), an engineering and consultancy firm and a wholly owned Government of India public sector enterprise under the administrative control of the Department of Telecommunications (DOT), Ministry of Communications, has invited bids from eligible parties to establish a pre-tender tie-up for significant solar projects in Oman. The tender invites bids for […] Read more
Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
EU Augments Overall Energy Consumption Target to 42.5% by 2030 Updated On Tue, Oct 10th, 2023 by Saurenergy The European Council recently adopted the new Renewables Energy Directive that will raise the share of renewable energy in the EU’s overall energy consumption to 42.5% by 2030 with an additional 2.5% indicative top up to allow the target of 45%. The directive has been formally adopted. Member states will have 18 months after the […] Read more
India’s RE sector offers scale of economies to foreign investors: Dhananjay Singh, ENGIE Updated On Tue, Oct 10th, 2023 by Saurenergy Please tell us about your installed capacities in India. Globally, we have got about 38 Gigawatts of renewable capacity and out of that in India, we have got over a gigawatt in operations and close to 1 gigawatt in construction. And then we want to grow bigger in India and probably we want to be […] Read more
Project Management Engineering Updated On Tue, Oct 10th, 2023 by Saurenergy Responsibilities:- Driving the technical solution in coordination with other departments (i.e., System Engineering, Primary/Mechanical Engineering, Secondary/Electrical Engineering, Control Engineering) and support Tender Manager/ Project Manager for assigned Project/Tender. Evaluating risks and opportunities, strategizes mitigation of engineering disciplines. Interacting with customers, contractors, suppliers. Attends project/Tender meetings and presents all technical aspects of project/Tender assignments. Collaborating and […] Read more
