Continuum Energy Raises $350 Million For C&I Renewable Market In India Updated On Thu, Jul 14th, 2022 by Saurenergy Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […] Read more
Mercedes-Benz Electric Vehicle Sales Double in April-June Quarter Updated On Tue, Jul 12th, 2022 by Saurenergy Despite dwindling car sales there is some consolation for top automaker Mercedes-Benz this season. Just when the sales of its fossil fuel based cars declined by a massive 16 per cent in the quarter that spanned April to June compared with the corresponding quarter of the previous year. But, the sales of its battery based […] Read more
Charge Zone Debuts Renewable Energy To Power EV Charging Stations Updated On Tue, Jul 12th, 2022 by Saurenergy Charge Zone, a Gujarat-based provider of electric vehicle charging infrastructure, unveiled its ambitions to use renewable energy to power its high-speed charging network for electric buses and commercial cars across India. As per the company, its goal behind this motive is to achieve Net-Zero and to give clients more sustainable charging options across India. As […] Read more
Project Development Manager Updated On Tue, Jul 12th, 2022 by Saurenergy As our Project Development Manager you will be responsible for managing the development and structuring of renewable energy projects in India from early opportunity through the development cycle to financial close. Your ability to structure and negotiate complex transactions, to lead coordination of external and internal development processes, and to collaborate with multidisciplinary teams we be […] Read more
Azure Power Becomes First Indian RE Company To Get SA8000 Updated On Fri, Jul 8th, 2022 by Saurenergy Azure Power has become the first renewable energy company in India to win the award of SA8000:2014. It is a leading sustainable energy solutions provider and renewable power producer in India. SA8000 is the world’s leading social certification programme for factories and organizations across the globe. This is an auditable standard that requires organizations to […] Read more
GE Commissions 180-MW Bajoli Holi Hydro Project In Himachal’s Chamba Region Updated On Wed, Jul 6th, 2022 by Saurenergy The 180-MW Bajoli Holi Project, consisting of three units of 60 MW each, in Chamba district of Himachal Pradesh has been commissioned by GE Renewable Energy‘s Hydropower business 7 years after bagging the contract in March 2015. the project was commissioned on behalf of GMR Energy, the operator for the project. Connected to the grid […] Read more
Electrical Component Engineer – System Studies Updated On Wed, Jun 29th, 2022 by Saurenergy The System Studies and Network Solutions role is undertaking following actions for the support of ACS-COE, Grid Solutions, Focus on Engineering, and give technical support on demand of ITO of OTR. The actions are consisting on: On-going projects: Undertake the Network analysis actions by use of simulation software in the domain of Power System Analysis […] Read more
Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten Updated On Thu, Jun 23rd, 2022 by Saurenergy One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […] Read more
India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA Updated On Wed, Jun 22nd, 2022 by Saurenergy A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […] Read more
