OMERS Private Equity Buys Stake In Solar O&M Company NovaSource Updated On Thu, Aug 11th, 2022 by Saurenergy A minority share in the solar operations and maintenance (O&M) company NovaSource Power Services with headquarters in Arizona has been bought by OMERS Private Equity, a division of the Ontario-focused pension fund OMERS. With more than 20GW of solar and storage assets under management, including residential, commercial, industrial, and utility-scale power facilities spanning North America, […] Read more
Iberdrola Commissions Europe’s Largest Solar Plant With 590 MW Capacity Updated On Thu, Aug 11th, 2022 by Saurenergy The 590 MW “Francisco Pizarro” PV project in Extremadura, southwest Spain, the biggest solar facility in Europe, has been put into operation by Spanish energy company Iberdrola. This is the largest solar plant installation to be ever built by Iberdrola. The €300 million ($310 million) project is situated between the Cáceres communities of Torrecillas de […] Read more
Exus Purchases 1GW Solar Power Project In Brazil Updated On Wed, Aug 10th, 2022 by Saurenergy Exus Brasil Investimentos – known for making investments in green projects – will be acquiring a solar power project complex worth 1 GW in Brazil from Decal Renewables and Upside Value. The solar portfolio actually consists of 20 different solar projects in Piauí. The transaction will take place through acquisition of shares of Riacho da […] Read more
Industry Reacts: Electricity (Amendment) Bill 2022 Updated On Wed, Aug 10th, 2022 by Saurenergy As the Electricity Amendment Bill (2022) finds itself drawing the ire of the opposition parties, some farmer organisations, and even employees from the public sector power sector, who are vehemently opposing it, industry leaders speak exclusively to Saur Energy International to offer their views on the Bill that has become synonymous with controversy. What The […] Read more
Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
Project Engineer – Automation Updated On Tue, Aug 9th, 2022 by Saurenergy You will be working as Project Engineer – Automation and will be part of Process Automation Business Area for Process Industries Division based in Bangalore, India. In this role you will be responsible for designing authority for an engineering discipline with medium complexity. Complete assignments on multiple projects of moderate size or portions of major […] Read more
Varun Mehta Is Torrent Power’s New Director On Board In Succession Plan Updated On Tue, Aug 9th, 2022 by Saurenergy Varun Mehta has been appointed to the Board of Torrent Power as Director. This move makes him the second third-generation member from the family to be elevated in a week’s time. This announcement comes close on the heels of the elevation of Aman Mehta, the son of Chairman, Torrent Group, Samir Mehta, to the board […] Read more
Brookfield Renewable Invests $3 Billion In Growth Initiatives In Second Quarter Updated On Tue, Aug 9th, 2022 by Saurenergy Brookfield Renewable Partners has reported financial results for the three and six months ended June 30, 2022. The Canada-based company has held that it had invested heavily for the growth of the businesses. Connor Teskey, CEO of Brookfield Renewable, declared, “The business performed well this quarter, as we delivered strong financial results, commissioned 1,000 megawatts […] Read more
Solutions Engineer Updated On Mon, Aug 8th, 2022 by Saurenergy Cooperate and communicate effectively with project manager and other project participants to provide assistance and technical support. Maintain project schedule by monitoring project progress, coordinating activities, and resolving problems. Prepare, schedule, coordinate and monitor the assigned engineering projects. Monitor compliance to applicable codes, practices, QA/QC policies, performance standards and specifications. Interact daily with the clients […] Read more