EV Manufacturer Rivian Sets Sights for IPO This Year Updated On Wed, Feb 10th, 2021 by Saurenergy Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter. The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […] Read more
Jupiter Power Announces 652 Megawatt Hours of Battery Storage Projects Updated On Wed, Feb 10th, 2021 by Saurenergy Jupiter Power will build six stand-alone, utility-scale battery storage projects this year, totaling 652 MWh of energy storage capacity. Utility-scale energy storage company Jupiter Power has announced it will build six stand-alone, utility-scale battery storage projects this year, totaling 652 megawatt hours of energy storage capacity. The projects consist of three 200-megawatt-hour projects and three […] Read more
Tata Power Partners with Tata Basera to Offer Discounts on Solar Rooftop Products Updated On Wed, Feb 10th, 2021 by Saurenergy Tata Power India’s largest integrated power utility, today announced that it has partnered with Tata Basera to promote its Solar Rooftop Services and Home Automation Products amongst Individual Home Builders and Tata Steel’s channel partners. Under this initiative, individual home builders purchasing rebars from Tata Steel would benefit from additional and exclusive offers from Tata […] Read more
Solarise Africa Expands PV Footprint in Africa Updated On Wed, Feb 10th, 2021 by Saurenergy Innovative renewable energy leasing solutions now operational in Rwanda, Uganda, and Zambia through new partnership Pan-African energy leasing company, Solarise Africa, has announced their expansion into three new countries in Africa after signing a partnership agreement with Centennial Generating Co, a leading turnkey energy services company in the region. The partnership adds seven projects in […] Read more
Latest UK Seabed Leasing Risks Raising Costs of Offshore Wind: WindEurope Updated On Wed, Feb 10th, 2021 by Saurenergy On February 8, 2021, the Crown Estate announced the results of its Round 4 seabed leasing for offshore wind in the UK. The Offshore Wind Lease Round 4 allocated areas for developing nearly 8 GW of capacity. This is too little new capacity considering the huge ambitions the UK Government has to quadruple its offshore […] Read more
Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA Updated On Wed, Feb 10th, 2021 by Saurenergy Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […] Read more
Rs 1000 Cr Capital Infusion to Enable SECI to Float 15 GW Tenders Annually Updated On Wed, Feb 10th, 2021 by Saurenergy Capital infusion of Rs 1000 crore to SECI in the new budget, will enable the agency to float 15 GW tenders annually. Finance Minister Nirmala Sitharaman in her budget speech for fiscal 2021-22 announced the capital augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). In her […] Read more
RE Projects can get Further Extension in Exceptional Cases: MNRE Updated On Wed, Feb 10th, 2021 by Saurenergy MNRE has stated that RE projects under implementation during lockdown can seek to get a further extension beyond 5 months in exceptional cases The Ministry of New and Renewable Energy (MNRE) in its latest order has stated that renewable energy (RE) projects under implementation as on the date of lockdown, i.e. March 25, 2020, through […] Read more
Director, Programme Updated On Tue, Feb 9th, 2021 by Saurenergy The Director, Programme will report ordinarily directly to the Director-General and lead a team of four (4) professional staff members. The Director with be responsible and serve as a primary interlocutor on behalf of the organization with senior government and private sector individuals and with senior counterparts in other international energy organizations. She or he will […] Read more
