US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions Updated On Wed, Jan 25th, 2023 by Saurenergy Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […] Read more
Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA Updated On Wed, Jan 18th, 2023 by Saurenergy Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing of bi-facial solar panels and lithium battery, is headquartered in […] Read more
Electrical Engineer Plant Design Updated On Fri, Jan 13th, 2023 by Saurenergy On a day-to-day basis, you will:- Collaborate with skilled engineers to create an optimal electrical design Be involved in engineering calculations, technical specifications, data sheets and reports Prepare single line diagrams, cable schedules, load lists, D.B. schedules, HAC schedules, and MTOs Work on high/low voltages, generating load flow, short circuit, and relay coordination reports using […] Read more
Power System Engineer Updated On Fri, Jan 13th, 2023 by Saurenergy On a day-to-day basis, you will be responsible for:- Working on classical power system analysis & modelling including load flow, short circuit analysis and transient stability assessments. Working on PowerFactory and PSCAD software tools. Working on PVSyst for solar projects. Working on Power system modelling and analysis including dynamic RMS and EMT type assessments and […] Read more
NY’s Verizon Communications Crosses 3 GW Projected Renewable Energy Capacity Updated On Fri, Jan 13th, 2023 by Saurenergy New York-headquartered Verizon Communications has announced that it has signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 MW of renewable energy capacity. The official statement of Verizon held that with four new agreements, Verizon has surpassed 3 GW of total projected renewable energy capacity, as it continues […] Read more
Mitrex Brings World’s First Colored Solar Panels with California Energy Commission Listing Updated On Thu, Jan 12th, 2023 by Saurenergy Canadian manufacturer of solar panels and integrated solar technology provider Mitrex has claimed to be the world’s first and only solar manufacturer to receive California Energy Commission’s (CEC) listing for colored solar panels. The company announced that its products are not only CEC, NY-Sun, and FSEC listed, but boast of bankability testing that evaluates the […] Read more
Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA Updated On Fri, Jan 6th, 2023 by Saurenergy Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […] Read more
Canada’s Boralex Acquires 50% Stake in Five Wind Farms of 894 MW in US Updated On Tue, Jan 3rd, 2023 by Saurenergy In a major development, EDF Renewables North America has announced that the company has completed the transaction with Boralex Inc. by which Boralex has acquired EDF Renewables’ 50-percent ownership interests in five wind power projects totaling 447 MW in Texas and New Mexico. This has taken the renewable energy portfolio of the purchaser to further […] Read more
SES Bets On Li-Metal Batteries For EV Future Updated On Mon, Jan 2nd, 2023 by Saurenergy Headquartered in Massachusetts, SES AI Corporation is a manufacturer and developer of Hybrid Li-Metal rechargeable batteries for electric vehicles (EV) and other applications. SES AI was founded on April 17, 2012, originally as SolidEnergy Systems. Its Li-Metal batteries combine the high energy density of Li-Metal with the cost-effective, large-scale manufacturing of conventional Li-ion batteries. SES […] Read more
