Canada Joins The Race To Offer Clean Energy Manufacturing Incentives Updated On Fri, Mar 31st, 2023 by Saurenergy After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […] Read more
Program Manager (NPI)- EMS & Electrical Updated On Wed, Mar 29th, 2023 by Saurenergy The Manager Program Management (NPI) will be based in Hyderabad. In this position, you will report to the Senior Manager Program management. Responsibilities:- Coordinate the day-to-day activities required to deliver all projects and deliverables on time. Develop the overall prioritization, milestones, deliverables, and success criteria. Coordinate with cross functional teams (i.e. product management, engineering, quality, […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
Renalfa Acquires 73 MW Bulgarian Wind Facility From Alpiq Updated On Wed, Mar 29th, 2023 by Saurenergy Austrian renewable energy company Renalfa IPP has agreed to acquire the Vetrocom wind farm situated in Bulgaria from Switzerland based Alpiq. With a capacity of 72.5 MW, the wind farm, which is wholly owned by Alpiq, generates yearly an average of 135 GWh of climate-friendly electricity. Renalfa is a joint venture between the French investment […] Read more
India & Sri Lanka Build Momentum Further on Renewable Energy Updated On Wed, Mar 29th, 2023 by Saurenergy A memorandum of understanding (MoU) on renewable energy is in the offing between India and Sri Lanka. The Island nation is striving for the generation of 70 per cent of its electricity requirements from renewable sources by the end of the decade and the agreement will facilitate this goal. As per a member of the […] Read more
Agilitas Energy Acquires Texas Energy Storage Systems Portfolio for $75 Million Updated On Wed, Mar 29th, 2023 by Saurenergy American solar PV and storage conglomerate Agilitas Energy will be acquiring a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston in Texas from Californian player Gulf States Renewable Energy, which is a subsidiary of GSR Energy. The official statement of Agilitas Energy held that the deal value about $75 million […] Read more
Lithuania’s Solitek to Set Up 600 MW Module Assembly Facility in Italy Updated On Tue, Mar 28th, 2023 by Saurenergy Lithuania-based solar PV maker Solitek has announced that the firm will be now expanding its operations in South of Europe with Italy. In a key decision, Solitek will be building a new solar module assembly plant in Benevento. According to reports, Solitek will have a capacity of 600 MW annually. The firm will manage funds […] Read more
Irish Firm Aer Soléir to Develop 130 MW Hybrid Project in Spain Updated On Tue, Mar 28th, 2023 by Saurenergy Ireland-based Aer Soléir and Spanish developer Tartessos Power Development have announced the signing of a development services agreement covering the co-development of a hybrid project of more than 130 MW in the Andalucía region of Spain. Aer Soléir is focused on multi-technology renewable energy development, construction and operation with a particular emphasis on utility-scale onshore […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more