SECI Extends Bid Submission Deadline for 10GW Solar Project Till 12th Nov Updated On Fri, Oct 12th, 2018 by Saurenergy As per the tender document, the techno-commercial bids would be opened on November 13, 2018. The Solar Energy Corporation of India (SECI), an arm of the Ministry of New and Renewable Energy (MNRE), has extended the bid submission deadline for its 10GW of inter-state transmission system (ISTS) connected solar capacities with 3 GW p.a. solar […] Read more
HPL Electric & Power Showcases its Entire Lighting Range at ‘Light India 2018’ Updated On Fri, Oct 12th, 2018 by Saurenergy The 4th edition of Light India 2018, offers an opportunity to source for the best of lighting products and technologies from the leading brands, develop new business contacts, connect with the experts from the industry and gain insights of the industry. One of the country’s leading electric equipment maker HPL Electric & Power has participated […] Read more
SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
Renew Power Expands Leadership Team; Hires 3 Top Executives Updated On Thu, Oct 11th, 2018 by Saurenergy The company has appointed Mayank Bansal as President – Strategy & Operations, Varun Sivaram as Chief Technology Officer and Stephen O’Rourke as Managing Director, ReNew North America. One of the leading Independent Power Producer (IPP) ReNew Power has appointed three senior executives who have joined the organization in leadership roles. These strategic appointments are in-line […] Read more
SECI Extends Bids for UP’s 150MW Floating Solar Plants Till Oct 25 Updated On Thu, Oct 11th, 2018 by Saurenergy Additionally, SECI has also extended bid submission deadline for setting up of 2 MW solar power project with 1 MWH BESS at Kaza, Himachal Pradesh till October 25, 2018. State-owned Solar Energy Corporation of India (SECI) has extended the bid submission deadline for setting up of 150 MW (50 MW x 3) grid connected floating […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
Sterling and Wilson to Strengthen Footprints in Kazakhstan; Mulls 200MW Solar Projects Updated On Thu, Oct 11th, 2018 by Saurenergy The country is working to increase the share of renewable energy in electricity generation, which is expected to reach 3 percent by 2020 and 10 percent by 2030. One of the leading solar EPC solutions providers Sterling and Wilson has planned to strengthen its footprints in Kazakhstan. The company is targeting a CPE (electrical performance […] Read more
Cleanmax Solar Donates Solar Plant to Komaravolu Gram Panchayath, AP Updated On Wed, Oct 10th, 2018 by Saurenergy Moreover, the Gram Panchayath is estimated to save up to Rs 58,000 per year as this solar plant will approximately generate 29,000 kWh electricity units per annum for next 25 years. Country’s one of the leading rooftop solar developer CleanMax Solar has donated 20 kWp solar plant to the Gram Panchayath of Komaravolu village in […] Read more