Accounting Manager Updated On Mon, Jan 3rd, 2022 by Saurenergy Responsible for performance of the general accounting functions/tasks for assigned area of responsibility, ensuring accurate and timely delivery of financial statements and reporting. Support in ensuring effective and accurate indirect budgetary controls, management accounting and functional department reporting. Responsible for timely completion of statutory audits and compliance with all accounting and tax regulations as appropriate for […] Read more
Oil India to Install 100 kW Green Hydrogen Facility in Assam Updated On Mon, Jan 3rd, 2022 by Saurenergy Oil India Ltd is setting up a plant to manufacture green hydrogen at its Jorhat oilfield in Assam, the nation’s second-largest state-owned oil explorer said in a statement. “To strengthen its bouquet of clean energy offerings”, the company has initiated action for setting up a 100 kW green hydrogen plant at its Pump station-3 in […] Read more
US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public Updated On Mon, Jan 3rd, 2022 by Saurenergy US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […] Read more
Sungrow In 430 MWh ESS Deal In Israel Updated On Mon, Jan 3rd, 2022 by Saurenergy Sungrow, whose energy storage solutions have emerged in a big way ion the past few years, has signed a deal with Enlight Renewable Energy, an Israeli traded Developer and IPP for a 430 MWh project. Under the agreement, Sungrow will supply Enlight with 430 MWh of its flagship liquid cooled energy storage system (ESS). The […] Read more
Reliance Buys Sodium Ion Battery Firm, Faradion Limited in £100 Million Deal Updated On Fri, Dec 31st, 2021 by Saurenergy In a regulatory filing on December 30, Reliance Industries Limited has announced that its solar subsidiary, Reliance New Energy Solar Limited (RNESL), will buy UK based sodium ion battery technology provider Faradion Ltd for 100 million pounds including debt. Sodium Ion batteries have been considered a solid prospect for lower storage costs. Or as Faradion’s […] Read more
MNRE Updates Wind Manufacturer’s RLMM List, 15 Players Make The Cut Updated On Thu, Dec 30th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released its revised list of Wind Turbine Models and Manufacturers approved for use within India. The fresh Revised list of Models and Manufacturers (RLMM) comprises exclusively onshore wind turbine models, with some interesting takeaways from the list. The list comprises 15 approved firms in all, a […] Read more
NTPC RE Arm to Get Strategic Investor Ahead of Oct’22 Listing Updated On Wed, Dec 29th, 2021 by Saurenergy State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy Ltd (NREL) ahead of its listing on bourses in October 2022, according to a senior official, media reports have said. The listing of NREL is part of the state-run power giant’s overall Rs 15,000-crore divestment plan […] Read more
Adani Transmission Wins RE Evacuation Projects in Tamil Nadu & Gujarat Updated On Tue, Dec 28th, 2021 by Saurenergy Adani Transmission Ltd (ATL), India’s largest private sector power transmission company and part of the diversified Adani Group, has received Letters of Intent (LoI) for the acquisition of two renewable energy evacuation systems: Karur Transmission Ltd. in Tamil Nadu and Khavda-Bhuj Transmission Ltd. in Gujarat. Accordingly, ATL will build, own, operate and maintain the transmission projects […] Read more
Sterlite Power Acquires Nangalbibra-Bongaigaon ISTS Project from PFC Updated On Tue, Dec 28th, 2021 by Saurenergy New Delhi-based Sterlite Power Transmission Limited has announced the acquisition of Nangalbibra ─ Bongaigaon Transmission Limited, a Special Purpose Vehicle (SPV), from PFC Consulting Limited. Through this SPV, the company will execute the inter-state transmission system (ISTS) project that it won through tariff-based competitive bidding in October 2021. The project involves setting up of ~300 […] Read more
