Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
Railways Awards Contracts To 6 Firms For Its 750MW RE Project Updated On Wed, Jan 31st, 2024 by Saurenergy The Indian Railways has chosen six renewable energy companies to develop 750 MW of Round-The-Clock (RTC) renewable power. This comes after it released a tender earlier last year seeking developers. The Railway Energy Management Company Limited (REMCL) floated the tender. REMCL is a joint venture of the Indian Railways and RITES Ltd. As per the […] Read more
Global Fashion Retailer H&M Signs PPA To Build 3 Solar Parks In Sweden Updated On Tue, Jan 30th, 2024 by Saurenergy Global fashion retailer and fast fashion brand H&M Group has signed long-term power purchase agreements (PPAs) with European solar developer and independent power producer Alight regarding the construction of three new solar parks in Sweden. The ground-mounted solar parks will be located in Blekinge, Södermanland, and Halland, with a capacity of 13 MW, 6 MW […] Read more
Sr Manager/DGM Updated On Tue, Jan 30th, 2024 by Saurenergy Lead the strategic planning and development of wind energy projects, considering technical feasibility, regulatory requirements, and stakeholder interests. Collaborate with cross-functional teams to assess project viability, resource requirements, and potential risks. Ensure cost-effectiveness and adherence to financial parameters. Monitor financial performance throughout the project lifecycle, identifying and addressing budgetary issues promptly. Stay abreast of local, […] Read more
SJVN Green, Coal India, SAEL Win 600 MW GUVNL Solar Project Updated On Tue, Jan 30th, 2024 by Saurenergy SJVN Green, Coal India, and SAEL Industries have been awarded the 600 MW solar power project which will be set up at Gujarat Industries Power Company in Khavda. These companies were declared winners by Gujarat Urja Vikas Nigam Ltd (GUVNL) in the auction related to the project. Further, the project will also have a greenshoe […] Read more
Adani Green Delivers Stellar Q3 Results-Profit Up 148% on 40% Turnover Jump Updated On Tue, Jan 30th, 2024 by Saurenergy Adani Green Energy Limited has announced its financial results for Q3 and nine months ending December 31, 2023. The firm, which is the green energy project developer from the Adani Group, saw consolidated net profit improve by 148.54% to Rs 256 crore in Q3FY23 as compared to Rs 103 crore reported in the same period […] Read more
Assistant Manager – Quality Updated On Mon, Jan 29th, 2024 by Saurenergy To develop and finalize the standard SFQPs and approved vendors list for all materials and works under electrical package for Solar projects. Submission of Quality requirements for various civil/Mechanical packages for Solar projects. Co-ordination with Site contractor / Engineer for timely completion of all QA & Inspection activities. Conduct site visit at the initial stage […] Read more
COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
