AGEL Q2 FY 22 Results Out: ₹859 cr Cash Profit in H1, RE Portfolio 20,284 MW Updated On Fri, Oct 29th, 2021 by Saurenergy Adani Green Energy Ltd. (AGEL), the green arm of the Adani Group, has released the financial results for the quarter and half year ended September 30, 2021, reporting that cash profit increased by 45% to Rs. 859 crores in H1 FY22. The company’s overall renewable portfolio increased to 20,284 MW during this period. The Operational […] Read more
Manager – Business Finance Updated On Thu, Oct 28th, 2021 by Saurenergy Work in the Business Finance Team on driving various Finance & Digitalisation initiatives Roles and Responsibilities:- Drive and Program manage Digitalisation & Finance transformation initiatives along with process / policy changes Work on various finance related process improvement initiatives (Improved Reporting & Forecasting, Financial Analysis etc.) Work on need based financial and operating performance analysis […] Read more
Solar Energy Specialist Updated On Thu, Oct 28th, 2021 by Saurenergy Responsible for providing technical guidance to design and project execution teams on concepts, value engineering and best practices that apply to design delivery of renewable solar energy facilities. Shall bring to bear profound knowledge of available technologies, technology advancements around the globe, equipment, systems and hardware offerings that are state-of-the-art, and design and erection options […] Read more
Invest in RE in Developing Nations for Global Energy Transition: Study Updated On Thu, Oct 28th, 2021 by Saurenergy A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – and offers specific insights on how to grow such investment further in key markets. The insights are published as the contentious question of how wealthier nations can […] Read more
Clean Energy Index Launched In Bloomberg, Goldman Sachs Collaboration Updated On Thu, Oct 28th, 2021 by Saurenergy Bloomberg and Goldman Sachs Asset Management have announced the launch of the Bloomberg Goldman Sachs Global Clean Energy Index. Designed with the energy expertise at both firms, the index is a modified free float-adjusted market capitalization weighted index tracking the performance of over 175 global equities with significant business exposure to the clean energy sector. […] Read more
Honeywell Debuts Flow Battery For Formal Testing, 12 Hours Power Discharge Promised Updated On Wed, Oct 27th, 2021 by Saurenergy US-based multinational Honeywell has announced the development of a new flow battery for providing long duration power of up to 12 hours. The firm says the technology will be first tested by US utility major Duke Energy in a 400kWh system configuration in 2022, before being scaled upto a 60MWh pilot project by 2023. The […] Read more
50 MW Wärtsilä Energy Storage System Activated in UK Updated On Wed, Oct 27th, 2021 by Saurenergy Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä, to support the integration of renewable energy into the UK’s National Grid. Wärtsilä has supplied an energy storage system at the Kemsley substation in South England which is directly connected to […] Read more
GESCL Invites Bids for 60 MW Solar Projects in Gujarat Updated On Wed, Oct 27th, 2021 by Saurenergy The Gujarat State Corporation Limited (GESCL) has invited bids from interested contractors for the design, engineering, supply, procurement, installation, and commissioning of 60 MW solar photovoltaic grid-connected power plants, including their operation and maintenance for 5 years, around various substations of GETCO of Bhachau Taluka in Kachchh District, Gujarat. The deadline for bid submission is […] Read more
Ministry of Power Notifications for Change in Law, Curtailment of ‘Must Run’ Plants Welcome Updated On Wed, Oct 27th, 2021 by Saurenergy In two separate notifications, the Ministry of Power has issued notifications for both compensation in case of a change in law event, and for curtailment of power from Must Run power plants. The rules will have significant impact for renewable energy producers, thanks to the must run status they enjoy, besides the many disputes linked […] Read more