News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
India Expected To Spend $385 Bn To Reach RE Target: Moody’s Updated On Fri, Jun 7th, 2024 by Saurenergy Moody’s Ratings, a bond credit rating business of Moody’s Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity generation for the next decade, said Moody’s Ratings. India, one […] Read more
Manager tendering Updated On Fri, Jun 7th, 2024 by Saurenergy Well known of Electrical Design of Liquid filled Transformer up to 50.0 MVA 132V Class trafo’s . Inverter duty transformer (Two, Three & Five winding) for solar, wind application with Aluminium and copper wound. Electrical Design knowledge with Different type of Winding (Like Spiral /layer, Foil, Helical , Disc.) efficient & Economical/Competitive design. Knowledge of […] Read more
Services Administrator – Solar Updated On Fri, Jun 7th, 2024 by Saurenergy Convert PR to PO from the Operation Team (non-inventory) Issue PR when finance team ask for Insurance, Management fee, Finance expense. Verify PO/ amend PO which operation team or finance team asks for. Checking everything on PO is correct such as Amount, Department, Location before ask to proceed GR. Submit opened PO AU&SG reports twice […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
REC Trading At IEX Skyrockets, Sees 640% Growth In May Updated On Thu, Jun 6th, 2024 by Saurenergy The trading of Renewable Energy Certificates (REC) seems to have escalated at the Indian Energy Exchange (IEX), the power exchange data shows. The publicly-listed power exchange firm recently shared its data on the trading of its different products including RECs. IEX said that the renewable energy certificates (REC) trading in May stod at 1,055 MUs. […] Read more
Vestas Secures 124 MW Wind Turbine Order In Lithuania Updated On Wed, Jun 5th, 2024 by Saurenergy Vestas has received a 124 MW order for a wind energy project in Telsiai, Lithuania. It will deliver 20 V162-6.2 MW wind turbines, and the order includes supply, delivery, and commissioning of the turbines. The order was placed by Utilitas Wind and Latvenergo AS. Upon completion, Vestas will service the turbines throughout their life cycle […] Read more
REC Prices At Power Exchanges Take A Dip After Tweak In Rules Updated On Wed, Jun 5th, 2024 by Saurenergy With a tweak in the regulations related to Renewable Energy Certificates (RECs), the Indian Power Exchanges has seen its increased trading. The domestic power exchanges like IEX claimed that with an increase in its trading, the prices of the same have shrunk. The top management of IEX in its recent investors call told its investors […] Read more
US Invests $ 9.5 Mn To Study Social Dynamics Of Siting Solar Project Updated On Wed, Jun 5th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced an investment of $9.5 million for four new projects. This study was undertaken to examine the ways that siting practices can influence public attitudes toward and permitting of large-scale solar facilities. The research is expected to generate actionable insights that improve outcomes for host communities. It particularly […] Read more