Jharkhand Misses Alt Energy Target, Govt Data Shows Updated On Thu, Sep 30th, 2021 by Saurenergy Jharkhand has been a habitual defaulter in meeting the renewable energy purchase obligation (RPO) as mandated by the Centre for achieving the ambitious dream of 175GW power through renewable sources by 2022. RPO is a mechanism by which the obligated entities which includes discoms, open access consumers and captive power producers, are obliged to purchase […] Read more
EIB Grants Ørsted €500 M Loan for Green Energy Projects Updated On Thu, Sep 30th, 2021 by Saurenergy The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […] Read more
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
Energize Ventures Raises $330 M to Advance Sustainable Tech Updated On Thu, Sep 30th, 2021 by Saurenergy Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […] Read more
Adani Green Energy to Acquire 40 MW Operational Solar Asset in Odisha Updated On Thu, Sep 30th, 2021 by Saurenergy Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt Ltd to acquire 100% economic value in an SPV that owns a 40 MW operating solar project in Odisha. The company confirms that the project has a long-term Power Purchase Agreement […] Read more
Managing Director Updated On Wed, Sep 29th, 2021 by Saurenergy ONGC Videsh Limited (OVL), a wholly owned subsidiary of ONGC Limited, was incorporated under the Indian Companies Act, 1956 with the objective to undertake international business of Exploration and Production (E&P) of oil and gas. OVL is a schedule – ‘A’/ “Miniratna (Category I)” CPSE in E&P Sector with the Administrative jurisdiction of Ministry of […] Read more
Staff Specialist Product marketing Updated On Wed, Sep 29th, 2021 by Saurenergy Identify, validate and quantify opportunities for Infineon’s NFC Products suitable for legacy and upcoming NFC applications. Contribute to design-in effort to successfully close those opportunities. Contribute significantly to development of new product ideas. Analyse markets / competitors down to product level using regional inputs and contribute significantly to the value proposition of Infineon’s NFC products. […] Read more
Senior Project Manager, IoT Solutions Updated On Wed, Sep 29th, 2021 by Saurenergy As a Senior Project Manager – IoT Solutions, you will be responsible for overseeing the successful completion of a variety of projects that showcase how Infineon silicon and software can enable differentiated features in Internet of Things (IoT) applications. Projects can include proof-of-concept hardware demonstrations, reference designs, and application specific evaluation / development platforms. You […] 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
