Power Ministry Makes Key Changes in REC mechanism To Boost Demand Updated On Thu, Sep 30th, 2021 by Saurenergy The Union Power and new and renewable energy minister, R.K. Singh has approved key changes to the tradable renewable energy certificate (RECs) mechanism. Perhaps the biggest one is a decision to make the REC perpetual, till they are sold. Thus, it will take the pressure off renewable energy generators to sell within a timeline or […] Read more
RES Sells Large 245MWdc Australian Solar Farm to Iberdrola Updated On Wed, Sep 29th, 2021 by Saurenergy UK renewable company RES has sold its Avonlie solar development project to Spanish electric utility Iberdrola. The project is located in New South Wales, Australia, and is RES’ largest ever solar development with generating capacity standing at 245 MW dc / 190 MW ac. When operational, 450,000 solar panels, mounted on single axis tracking system, are expected […] Read more
KKR Backed Virescent Infra InvIT Raises Rs 460 Crores Updated On Wed, Sep 29th, 2021 by Saurenergy Virescent Infrastructure, the renewable energy platform sponsored by global investment firm KKR, has set up India’s first renewable energy infrastructure investment trust (“InvIT”), Virescent Renewable Energy Trust (“VRET”). VRET has raised Rs 460 crores (US$62 million) from a group of foreign and domestic investors. Leading the transaction, on behalf of its clients, is Alberta Investment […] Read more
Bord na Mona to Build ‘1st Irish Dedicated RE Business Park’ Updated On Tue, Sep 28th, 2021 by Saurenergy Irish utility service provider Bord na Mona (BnM) is planing to construct a 200MW-plus hybrid energy park — the “first Irish dedicated renewable-energy business park.” The semi-state company said that the so-called energy park will be developed on more than 7,400 acres of its landbank in counties Meath, Offaly and Westmeath. It is expected to potentially […] Read more
Recruitment for the Post of Project Engineer Updated On Tue, Sep 28th, 2021 by Saurenergy Bharat Electronics Limited a Navartna Company and India’s premier professional Electronics Company under the Ministry of Defence, requires the following personnel on Contract basis for its Military Communication SBU, Bengaluru Complex. POST No of Posts RESERVATIONS Consolidated remuneration per month Job Location Project Engineer 7 GEN- 5 ST- 1 […] Read more
Germany’s Encavis Buys 74.5 MW Wind Portfolio in France Updated On Mon, Sep 27th, 2021 by Saurenergy Germany’s Encavis Asset Management has acquired five new wind farms in France, totalling 74.5 MW capacity, to implement the growth and diversification strategy for its special fund Encavis Infrastructure Fund II (EIF II). The seller of the renewable energy plants is the Swiss Axpo Holding AG, whose subsidiary Volkswind is responsible for planning, projecting and construction […] Read more
Battery Resourcers Secures $70 M to Expand Recycling Tech Updated On Wed, Sep 22nd, 2021 by Saurenergy Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the closing of its latest mid-round funding totalling $70 million. The company will use this latest funding round to advance and expand its sustainable, cutting-edge closed loop material production technology that accepts mixed input of scrap batteries and end of life batteries […] Read more
Willdan to Install Smart-city Upgrades in Dublin, California, for $21.2 M Updated On Tue, Sep 21st, 2021 by Saurenergy Willdan Group, Inc. has been selected by the City of Dublin, California, to implement citywide energy efficiency, infrastructure, resiliency, and smart-city upgrades under $21.2 million contract. Willdan is a US provider of professional technical and consulting services to utilities, government agencies, and private industry. Under this comprehensive contract, Willdan will perform project engineering, development, construction, […] Read more
TSE Unveils ‘2nd Largest Solar Plant in France’ with 152 MW Capacity Updated On Mon, Sep 20th, 2021 by Saurenergy TSE, an independent French player specializing in solar energy, has inaugurated its new 152 MW photovoltaic plant, located in Marville, France, in the Meuse, and developed in partnership with Enerparc AG. This official inauguration marks the culmination of a large-scale project carried out on 155 hectares of land. While construction began in June 2020, the […] Read more
