Interaction with Kelly Mermuys, Sales Director, Bazefield India, and Country Manager, 3E India Updated On Fri, Nov 8th, 2019 by Saurenergy Bazefield India is an arm of Norway-headquartered Bazefield AS. It is a software product company. It provides solutions for real-time monitoring, reporting, availability planning, stop and loss analysis and fact-based decision making. 3E provides consultancy and software services for better performance, lower cost, higher return. The company supports its clients in developing and operating […] Read more
Tata Power-DDL Gets ‘Innovation with Impact’ Award during India Energy Summit Updated On Fri, Nov 8th, 2019 by Saurenergy The winners have been selected by the committee after assessing the performance of distribution utilities on parameters w.r.t. quality of services being delivered to the end customers. Tata Power Delhi Distribution Ltd (Tata Power-DDL), a distribution arm of utility giant Tata Power, has won the 7th ‘Innovation with Impact’ award under the category – ‘Quality of […] Read more
SolarEdge Q3 Revenue Surges 74% to $410.6 Mn Updated On Fri, Nov 8th, 2019 by Saurenergy SolarEdge revenues for the solar business jumped by 66 percent to USD 387.8 million, from USD 233.8 million in the same quarter previous year. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 74 percent in its total revenue at USD 410.6 million during the third quarter of FY 2019, as against USD […] Read more
MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO Updated On Fri, Nov 8th, 2019 by Saurenergy MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […] Read more
Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
In Conversation with Rajneesh Khattar, Group Director – India, Informa Markets Updated On Thu, Nov 7th, 2019 by Saurenergy Informa is a leading international events, intelligence and scholarly research group. The company is listed on the London Stock Exchange and a member of FTSE 100, with over 11,000 colleagues working in more than 30 countries. It’s leading brands and expert teams operate events and exhibitions, deliver intelligence-based products and data-driven services, convene communities […] Read more
In Conversation with Milan Desai, VP-Industry Management & Automation (IMA), Phoenix Contact India Updated On Thu, Nov 7th, 2019 by Saurenergy Phoenix Contact India Pvt Ltd was established as a joint venture with Phoenix Contact GmbH and Co, Germany and has been one of the leading technology oriented company since its inception in 1993. With innovative products in the range of terminal blocks, connectors, interfacing solutions, surge protection devices and automation components, the company has […] Read more
Sterlite Power to Sell its Arcoverde Project in Brazil for About $35.5 Mn Updated On Wed, Nov 6th, 2019 by Saurenergy The motive behind the construction of Arcoverde Project was to expand the flow of renewable energy in the State of Pernambuco in Brazil. Global power transmission assets developer Sterlite Power has entered into a sale agreement with V2i Transmissão de Energia S.A. for its Brazilian transmission project called Arcoverde. As per the deal, V2i Transmissao […] Read more
Shell to Boost Floating Wind Expertise Via EOLFI Acquisition Updated On Wed, Nov 6th, 2019 by Saurenergy However, the acquisition of EOLFI is subject to regulatory and ministerial approvals, which is expected to be completed during the month of December this year. With an aim to expand its renewable energy business and to get specialization in floating wind capabilities, Royal Dutch Shell has entered into an agreement to buy 100 percent shareholding in […] Read more