Cosmic Aims To Tap Offshore Market To Offer OEM Services: Shravan Gupta, Cosmic PV Power Updated On Fri, Nov 3rd, 2023 by Saurenergy How has the journey of Cosmic been in the last two years? In the last two years, our journey was quite fascinating. We are growing at a 100 percent growth rate. The growth rate was even higher when the Approved List of Module Manufacturing (ALMM) provisions were in place which safeguarded the interests of Indian […] Read more
IRA Can Lead To Creation of 4L Jobs In US, Says Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […] Read more
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
Aland Island Set for Large-Scale Integrated Renewable Energy Updated On Thu, Nov 2nd, 2023 by Saurenergy Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an ambitious integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and other local anchored value creating activities on Åland. CIP, through Copenhagen Energy Islands, Lhyfe and Flexens have jointly launched the Åland Energy Island project. The project will […] Read more
Tata Power Appoints Deepesh Nanda As CEO & MD of TPREL Updated On Wed, Nov 1st, 2023 by Saurenergy Tata Power, one of India’s largest integrated power companies, today announced the appointment of Deepesh Nanda as President-Renewables and CEO & MD of Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, with effect from November 1, 2023. Nanda brings with him 28 years of experience across companies like GE, Flowserve and Tyco. […] Read more
US Bipartisan Infra Law To Create $8.3bn In12 Years: DOE Updated On Wed, Nov 1st, 2023 by Saurenergy The Department of Energy (DOE) in the United State recently announced Twin States Clean Energy Link, the National Grid’s proposed transmission project. This project will support New England’s climate, clean energy, and energy security goals. This was selected as one of three projects nationwide to receive investment through the US Bipartisan Infrastructure Law’s Transmission Facilitation […] Read more
Senior Compliance Officer Updated On Mon, Oct 30th, 2023 by Saurenergy The Corporate Compliance unit has the overall responsibility for the compliance programme in Statkraft, including the topics of anti-corruption, fraud, anti-money laundering, competition law, sanctions and export control, and personal data protection. The compliance programme is well-established and is adjusted continuously in light of external developments. As a Senior Compliance Officer you will be part […] Read more
EU PPA Market Shines with 7.8 GW of New RE Contracts To Date Updated On Fri, Oct 27th, 2023 by Saurenergy RE-Source Platform, a corporate renewable energy platform for energy buyers and suppliers, has made significant observations about the rising volumes of corporate PPAs signed for renewable energy in the EU. The Platform has made the following observations and recommendations to facilitate PPAs- Record-breaking year in the EU PPA market with companies procuring 7.8 GW of […] Read more
SPDA Chalks Out New Brand Identity Updated On Fri, Oct 27th, 2023 by Saurenergy SPDA, or the Solar Power Developers Association, an independent industry association committed towards promoting the renewable energy space, has made a strategic decision to rebrand itself as ‘Sustainable Projects Developers Association’ (SPDA). The new brand identity reflects the association’s transition from representing pure-play renewable energy developers to that of representing end-to-end provider of solutions across […] Read more