Specify Wind Project Timelines & Penalties In Tenders: MoP Norms Updated On Fri, Jul 28th, 2023 by Saurenergy The Ministry of Power (MoP) notified its new guidelines for a tariff-based competitive bidding process for power procurement from grid-connected wind power projects. The motive was to bring uniformity in the bidding process and clarity to the power producers and procurers. These norms apply to intra-state wind power projects with more than 10 MW of […] Read more
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
Low Carbon Secures £400 Mn Investment from MassMutual for Renewable Energy Updated On Thu, Jul 27th, 2023 by Saurenergy Renewable energy developer Low Carbon has secured £400m from its strategic partner Massachusetts Mutual Life Insurance Company to invest in renewable energy projects across the UK, Europe and North America. The £400m capital commitment from MassMutual will provide liquidity for Low Carbon’s pipeline of projects up until 2025. Announced in November 2021, the strategic partnership […] Read more
Head of Section, Project Engineering & Due Diligence (Wind & Solar) Updated On Thu, Jul 27th, 2023 by Saurenergy The Head of Section optimizes business operations and improves the long-term performance of the section. You will work closely on commercial opportunities to strategize, strengthen and expand business, including driving the doer/seller culture. You will also coordinate with the team and the subject matter experts and involve actively in managing technical due diligence projects for […] Read more
ITOCHU Expands Renewable Energy Footprint with $2 Bn Overland Capital Partners Fund Updated On Wed, Jul 26th, 2023 by Saurenergy ITOCHU Corporation, headquartered in Minato-ku, Tokyo, has unveiled its latest venture in the renewable energy sector with the establishment of Overland Capital Partners, L.P., a fund focused on investing in renewable energy generation assets across North America, specifically in the United States and Canada. The fund is set to allocate up to approximately US$2 billion […] Read more
EIB Approves €575 Million Loan for Repsol’s 1.1 GW Wind & Solar Projects in Spain Updated On Wed, Jul 26th, 2023 by Saurenergy The European Investment Bank (EIB) approved a €575 million loan support to Spanish energy firm Repsol. The firm will utilise the fund for the rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. Renewable energy facilities are expected to go live before the end of 2025. Over 35 […] Read more
DIF Capital Partners Commits £200M Investment in Field’s Battery Energy Storage Updated On Tue, Jul 25th, 2023 by Saurenergy DIF Capital Partners, via its DIF Infrastructure VII fund, has announced a £200 million investment into Field, a London-headquartered dedicated developer and operator of battery energy storage systems. The investment’s primary objective is to support Field in expediting the development and expansion of its 4.5 GWh pipeline of grid-scale battery energy storage projects in the […] Read more
Senior / Lead Engineer – Battery Energy Storage System Updated On Tue, Jul 25th, 2023 by Saurenergy Responsibilities:- Review load profiles and Engineer Battery Energy Storage Systems to meet project goals. Clear understanding on the different parameters for design, selection, and sizing of the batteries as well leveraging the parameters to arrive at the most optimum sizes of the batteries. Should have deep understanding on Battery Energy Storage System design, chemistry selection, […] Read more
NITI Aayog Launches One-Stop Data Center On Energy, Climate Updated On Fri, Jul 21st, 2023 by Saurenergy NITI Aayog, in collaboration with energy and climate think-tank Vasudha Foundation, has announced a dedicated revamped online data center on energy, electric mobility, and climate. It has been named India Climate & Energy Dashboard (ICED) 3.0. The portal was recently launched during the 14th Clean Energy Ministerial (CEM) in Goa. It is claimed to aid […] Read more
