After Promising Start, Karnataka Increases GIM Investment Plans Updated On Thu, Nov 3rd, 2022 by Saurenergy After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […] Read more
Various Posts for Young Professional Updated On Mon, Oct 31st, 2022 by Saurenergy SECI invites applications for various position of Young Professional from talented, innovative and dynamic candidates who are keen to demonstrate their proven academic, credential, professional achievements. Details of the same are given below: SI.N o Name of Position No. of YP Eligibility Criteria 1 YP (Hydrogen Energy) 01 Degree in Mechanical/ Chemical/ Electrical/ […] Read more
PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022 Updated On Mon, Oct 31st, 2022 by Saurenergy As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […] Read more
Polish Energy Firm R Power Secures €30m Financing Agreement Updated On Thu, Oct 27th, 2022 by Saurenergy Poland-based solar developer R Power signed a €30m loan agreement with Eiffel Investment Group to facilitate the establishment of R Power’s solar projects across Europe. The loan was approved from bridge financing funds taken care of by the French investor for a time span of up to 18 months. The agreement also entails an option […] Read more
Baseload Capital Raises $24 Million To Bolster Geothermal Energy Updated On Fri, Oct 21st, 2022 by Saurenergy Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […] Read more
Adani Group Secures 10.80 Lakh Smart Meters for BEST Power Consumers in Mumbai Updated On Fri, Oct 21st, 2022 by Saurenergy Recently, Adani Transmission, part of the Adani group won the bid to install 10.80 lakh “Smart Meters” for Bombay Electric Supply & Transport (BEST) customers, which will “empower” the distributor to automatically turn off the power supply of bill defaulters. The installation of smart meters will be finished in two and a half years, according […] Read more
Saurabh Agrawal: New Chairman of Tata Power Renewable Energy Segment Updated On Fri, Oct 21st, 2022 by Saurenergy The board of Tata Power Renewable Energy was restructured by the Tata group recently, with the director of Tata Sons Saurabh Agrawal taking over as chairman. Three new directors were added to the board, including Eduard Ruijs, Managing Director and Head of the London-based BlackRock Global Infrastructure Fund team. The board also welcomed Rajiv Mehrishi, […] Read more
Stargate Hydrogen Launches Next-Gen Gateway Electrolyser Product Family Updated On Thu, Oct 20th, 2022 by Saurenergy Estonia-based Stargate Hydrogen, a developer of electrolysis technology, has launched its Gateway product family, comprising of containerized green hydrogen production systems of up to 10 MW in size. Addressing the Problem Statement Stargate Hydrogen is addressing the problem of high levelized cost in hydrogen production via electrolysis. While alkaline technology is the most reliable and […] Read more
Principal Consultant Updated On Fri, Oct 14th, 2022 by Saurenergy DNV – Energy Systems: India, Bangladesh & Sri Lanka is seeking a Principal Consultant to support the Renewables Project Engineering and Due Diligence (DD) team, and through that, holds a dominant market position for due diligence services to support financing, construction and merger & acquisition of renewable energy projects in South Asia. In this role, our team provides […] Read more