ADB Commits $2.6 Billion In Sovereign Lending to India Updated On Wed, May 29th, 2024 by Saurenergy The Asian Development Bank (ADB) which supports projects in developing member countries committed $2.6 billion in sovereign lending to India in 2023 for projects related to urban development, supporting industrial corridor development, promoting power sector reforms, support horticulture, and enhance connectivity. ADB also extended $23.53 million in technical assistance and $4.1 million in grants under […] Read more
Structural Offshore Designer E3D- Oil & Gas Updated On Wed, May 29th, 2024 by Saurenergy Functions in a senior level engineering technician capacity. With minimal supervision, performs advanced functions requiring knowledge and use of electronic applications, standards and document control processes/procedures in support of creating and modifying deliverables. May provide technical guidance and direction to other engineering professionals including delegation of work assignments. Key Responsibilities:- Engineering Standards:- Applies knowledge of […] Read more
RWE To Build 1.6 GW Wind Farm Off German North Sea Updated On Wed, May 29th, 2024 by Saurenergy RWE has made the investment decision for its Nordseecluster, involving offshore wind projects with a total capacity of 1.6 gigawatts (GW). The wind farms will be built in the North Sea, about 50 kilometres north of the island of Juist. Suppliers of the main components have already been selected for the cluster as a whole. […] Read more
Hyundai Installs First EV Charging Facility In Chennai Updated On Tue, May 28th, 2024 by Saurenergy Hyundai Motor India Limited (HMIL) has announced the inauguration of its first 180 kW DC fast public electric-powered vehicles (EV) charging station in Chennai, Tamil Nadu, comprising of 150 kW & 30 kW connectors. According to HMIL, it is the only fast public EV charging station currently installed in Chennai and is the first of […] Read more
India’s Solar Energy Sector And Opportunities for Startups and Entrepreneurs Updated On Tue, May 28th, 2024 by Saurenergy India’s solar energy sector is experiencing a remarkable transformation, creating abundant opportunities for startups and entrepreneurs. With the government’s ambitious targets and supportive policies, this sector is becoming a hotspot for innovation and investment. Growing Solar Capacity India aims to achieve 300 GW of solar capacity by 2030, a significant leap from its current capacity […] Read more
Maxvolt Energy Secures USD 1.5 Mn From Angel Investors Updated On Tue, May 28th, 2024 by Saurenergy Maxvolt Energy Industries, a Noida-based lithium battery manufacturer, and battery pack supplier for electric vehicles, energy storage systems, and medical devices raised 1.5 million USD in funding from multiple angel investors. This capital infusion will support Maxvolt Energy’s plans to advance sustainable energy solutions and strengthen its market position by introducing fast-charging lithium-ion batteries soon. […] Read more
Waaree Renewable Geared For Much Higher Volumes if Required Updated On Tue, May 28th, 2024 by Saurenergy Waaree Renewable technologies Limited, the listed EPC arm of the Waaree Group, has been on a tear in the past 12 months. Revenue for full year FY24 stood at Rs 876.44 crores, representing a growth of 149% YoY as compared to Rs 350 crores in FY23. EBITDA for FY24 stood at Rs 207 crores as […] Read more
CEA Sees Limited Market Impact From US Policy Decisions On Solar Imports Updated On Mon, May 27th, 2024 by Saurenergy US based clean energy advisory firm Clean Energy Associates (CEA) has come out with a report detailing the likely impact of US actions on imports of solar equipment from China. While highlighting the limited nature of impact from here on, CEA’s analysis does have some interesting pointers to the future. CEA divided its assessment based […] Read more
Q4 Results: Suzlon Reports 30% Rise In Revenue, 20% Dip In PAT Updated On Fri, May 24th, 2024 by Saurenergy Indian Wind Turbine Manufacturer Suzlon Energy Limited today released its annual and Q4 financial results. The audited consolidated results claimed the company reported a 30 percent rise in its total revenues compared to the Q4 of FY23. The Pune-based company however reported a 20 percent dip in its Profit After Tax. As per the details […] Read more