Tokyo-based Eneos to Buy Japan Renewable Energy for $1.8 B Updated On Wed, Oct 13th, 2021 by Saurenergy Tokyo-based Eneos Holdings, Japan’s biggest refiner, said on Monday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business, joining a list of major global companies moving away from climate-changing fossil fuels. Eneos, which aims to have net-zero emissions by 2040, will buy JRE from Goldman […] Read more
ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] Read more
Manager – Technology (Mixing and Extrusion) Updated On Wed, Oct 13th, 2021 by Saurenergy Key Responsibilities:- Process & Product:- Industrialize of new dies as per timeline- Annual NPD plan Responsible and lead for all the technological activities at the mixing/compounding area Trouble shooting of compound and raw materials across tyre manufacturing process Organize and execute Raw materials trials Analyze product failure due to compound variations and take necessary improvement […] Read more
IREDA Disburses Rs 1100 Crore To Vector Green In 45 Days Updated On Wed, Oct 13th, 2021 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) has disbursed a loan of Rs 1100 crores to Mumbai-based Vector Green Energy, which is focused on solar and wind power. Highlighting the size and speed of disbursal, IREDA said that it is the highest-ever disbursement to a single company in a day by the organisation. Even as IREDA […] Read more
FaaS Firm Oorja Secures $1 million in Seed Funding For Its Clean Energy Solutions Updated On Tue, Oct 12th, 2021 by Saurenergy Oorja, a firm that describes itself as a Farming as a Service (FaaS) operating to connect agriculture and clean energy, has completed a US $1 million (Rs 7.5 crores) Seed funding round. The round includes equity investment from Schneider Electric Energy Access Asia (SEEAA) and grant funding from Water & Energy for Food Grand Challenge […] Read more
Global Microgrids Market to Reach $46 B by 2026, China to be at $12 B Updated On Tue, Oct 12th, 2021 by Saurenergy Global market for microgrids estimated at US$27 billion in the year 2020, is projected to reach a revised size of US$46.5 billion by 2026, growing at a CAGR of 9.3% over the period, according to a new report. Key highlights of the “Microgrids: Global Market Trajectory & Analytics” report are given below: Global Micro Grids Market to […] Read more
Nanotech Firm Log 9 Materials Raises $2 M from Petronas Ventures Updated On Mon, Oct 11th, 2021 by Saurenergy Bengaluru-headquartered advanced battery-tech and deep-tech start-up Log 9 Materials has concluded its Series A+ capital raise round of $10 Million by announcing $2 Million investment from PETRONAS Ventures – the venture capital arm of PETRONAS, a global energy and solutions company. PETRONAS is ranked amongst the largest corporations on Fortune Global 500. This Series A+ […] Read more
Aker Unveils Underwater Innovation for Floating Offshore Wind Updated On Fri, Oct 8th, 2021 by Saurenergy Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […] Read more
Cybersecurity For Power Sector in Focus in India, Worldwide Updated On Fri, Oct 8th, 2021 by Saurenergy The Ministry of Power (MoP) has prepared guidelines for cybersecurity in the Indian power sector, which were released yesterday. Cybersecurity is a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to […] Read more
