Magenta Closes Series A Round With new Commitments Worth $15 Mn Updated On Fri, May 21st, 2021 by Saurenergy EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […] Read more
RE Certificates Worth Over Rs 9,000 Cr Sold in India to Date: CEEW-CEF Updated On Thu, May 20th, 2021 by Saurenergy According to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF), India’s Renewable Energy Certificate (REC) market has recorded net sales worth INR 9,266 crore during its decade of existence. The CEEW-CEF is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s leading think tanks. CEEW-CEF […] Read more
About 7 GW of Unsigned PSAs Pose Risk to RE targets: CRISIL Updated On Thu, May 20th, 2021 by Saurenergy In a press release today, CRISIL Research said that delays in power supply agreements (PSAs) for about 7 GW of the bid out renewable energy projects might lead to 35 per cent shortfall in the 160 GW renewable energy capacity target set for the end of calendar year 2022. This delay may, however, not impact […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more
Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac Updated On Thu, May 20th, 2021 by Saurenergy Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […] Read more
Asst. Manager / Deputy Manager – Project Sales Updated On Thu, May 20th, 2021 by Saurenergy Initiate and manage end to end sales activity such as lead generation, proposal submission, order negotiation, approvals, dispatches, payment collection etc., through engagement with EPC Customers / designated PA Channels. Cater & Develop customers in targeted vertical Water / Wastewater. Transportation / Metro Railway. Power: Small Power Plants, Co Gen plants, Solar Power, Waste to […] Read more
TrinaTracker Agile 1P Gains IEC Certification, Compatible With 600W+ Modules Updated On Thu, May 20th, 2021 by Saurenergy Trina Solar, the world-leading PV and smart energy total solutions provider, has obtained IEC certification for its dual-row one in portrait (1P) tracker, Agile 1P, from the Certification Entity for Renewable Energies (CERE), a leading independent testing, simulation, certification and inspection organization in Europe. The IEC certification further underlines the industry’s high regard for TrinaTracker’s […] Read more
India Moves to 3rd in Latest Renewable Energy Attractiveness Index Updated On Thu, May 20th, 2021 by Saurenergy A piece of positive news has come from Ernst & Young Global Limited (EY), which released its 57th Renewable Energy Country Attractiveness Index (RECAI) yesterday, granting the third position to India due to its continued progress in solar energy. The biannual RECAI ranks the world’s top 40 markets on the attractiveness of their renewable energy investment […] Read more
Govt Order to Support Next Gen Clean Energy Tech is Welcome: ARENA Updated On Wed, May 19th, 2021 by Saurenergy The Australian Government has today implemented changes to the Australian Renewable Energy Agency’s (ARENA) legislation that will enable the agency to support the next generation of energy technologies. ARENA will continue to support Australian innovation and R&D in renewable energy, as well as low, zero and negative emissions technologies. The broadened remit will allow ARENA […] Read more