World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms Updated On Wed, Jun 28th, 2023 by Saurenergy World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […] Read more
Train Electrical Engineer (TEE) Updated On Wed, Jun 28th, 2023 by Saurenergy Responsibilities Quality, Cost and Delivery of S&A and EHI deliverables as follow:- T phase Responsible for carry-over analysis (electrical product) >> What can be re-used from previous project Responsible of NRC costing + Workload Contributor of ENG planning with vision on E2E planning with Indus/Manuf Contributor to PDO definition Informed of PIO Responsible of Technology […] Read more
Leyline Renewable Capital Funds RAI Energy’s Solar and Storage Ventures Updated On Wed, Jun 28th, 2023 by Saurenergy Leyline Renewable Capital, a provider of development loans for renewable energy projects, announced a project development loan for RAI Energy, a renewable energy developer. With the assistance of Leyline Development Capital, RAI Energy is set to advance multiple large utility-scale solar and solar-plus-storage projects within the WECC market over the next four years. Mohammed S. […] Read more
European Solar Energy Startups Witness 400% Surge in Investment: Report Updated On Wed, Jun 28th, 2023 by Saurenergy A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups […] Read more
Govt Releases Draft Norms For Green Credit Programme Updated On Wed, Jun 28th, 2023 by Saurenergy The Ministry of Environment and Forest (MoEF) has issued draft rules for the Green Credit Programme. Under this, the ministry plans to incentivize individuals and other entities for their voluntary pro-environment and conservation works. The government plans to start the incentivization programme in a phased manner. “A phased and iterative approach for implementation of the Programme […] Read more
NREL Study Forecasts Significant Decline in BESS Costs by 2030 Updated On Wed, Jun 28th, 2023 by Saurenergy The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […] Read more
Amara Raja Wins 100 MW Solar Project in Bangladesh Valued at $130 Mn Updated On Wed, Jun 28th, 2023 by Saurenergy An arm of Amara Raja Group, Amara Raja Infra Private Limited (ARIPL), has won a 100 MW solar power project in Bangladesh. The value of the project is pegged at $130 million. As per the contract, the firm will look into the Engineering, Design, Supply, Installation, and Commissioning of the project, which is to be […] Read more
Satyajit Ganguly Joins PXIL as CEO & MD Updated On Wed, Jun 28th, 2023 by Saurenergy Satyajit Ganguly has joined Power Exchange India Ltd (PXIL) as its Managing Director and Chief Executive Officer (CEO). Satyajit’s professional experience spanning 35 years entails working with NTPC, Central Electricity Authority in Western Regional Electricity Board (WREB), Power Grid, Lanco Power Ltd, Vedanta Group, OTPC. Before he joined PXIL, Satyajit was Managing Director with North […] Read more
DGM-PPL Electromechanical Updated On Tue, Jun 27th, 2023 by Saurenergy Key responsibilities:- Contribute to Make/Buy and Design/Buy analysis in order to have early supplier involvement on projects. Bring supplier market knowledge through co-development & innovation. Ensure RFQ, cost finalization, sample development, part approval in close coordination with project team while securing parts procurement for prototype, pilot & mass production as per target dates. De-risk supply […] Read more
