Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale Updated On Thu, Apr 18th, 2019 by Saurenergy Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […] Read more
Telangana to Add 1,000 MW Solar PV Capacity by the End of 2019 Updated On Wed, Apr 17th, 2019 by Saurenergy Telangana stands at second position with a generation capacity of over 3,500 MW commissioned through solar energy, which is expected to touch 4500 MW by the end of the year. Telangana will add another 1,000 MW of solar energy capacity in next six to eight months taking the total installed capacity to over 4,500 MW in solar […] Read more
Delhi Metro Plans to Run All Operations on Solar Energy by 2021 Updated On Wed, Apr 17th, 2019 by Saurenergy The corporation will start getting 99 MW solar energy from the 750 MW Solar Power Park in Rewa, Madhya Pradesh from May 2019. Delhi Metro Rail Corporation (DMRC) which currently meets nearly 60 percent of its electricity needs from solar energy, plans to drive up that number to meet all its energy needs from clean […] Read more
Fast Charging Lithium-Ion Batteries which can Maintain their Capacity Updated On Wed, Apr 17th, 2019 by Saurenergy A team of researcher has developed a way to make lithium-ion batteries that can charge within minutes but still operate at a high capacity. A team of researcher from the Rensselaer Polytechnic Institute in the US, have developed a way to make lithium-ion battery that can charge within minutes but still operate at a high capacity, an advancement […] Read more
Magenta Power Launches Academy to Offer Training and Education in Green Energy Solutions Updated On Wed, Apr 17th, 2019 by Saurenergy The training provides practical tools to accelerate green energy deployment, that shall facilitate knowledge sharing and technology transfer to provide clean, sustainable energy for the world’s growing population. Magenta Power, a pioneer in renewable energy solutions and EV charging infrastructure space in India, announces the launch of its academy ‘MITRA’ that shall support Individuals and […] Read more
Sterling & Wilson Solar files for Rs 4,500 crore-IPO with SEBI Updated On Wed, Apr 17th, 2019 by Saurenergy The company’s revenue from operations in the first nine months of 2018-19 went up by 83 % to Rs 5,915 crore while net profit jumped 98 % to 343 crore during the period. Shapoorji Pallonji Group’s renewable energy arm Sterling and Wilson Solar today filed Draft Red Herring Prospectus (DRHP) with market regulator Securities and […] Read more
ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
SECI Issues NIT For 100 MW Solar PV Projects at Singareni Collieries Updated On Wed, Apr 17th, 2019 by Saurenergy Tender documents for the project will be uploaded on the TCIL Portal and the Central Public Procurement Portal (CPPP) of GoI by April 22, 2019. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for setting up of 100 MW of Solar PV Power Plant under different packages at Singareni […] Read more
Greenam Energy Installs Its 1st Floating Solar Plant at Tuticorin Updated On Tue, Apr 16th, 2019 by Saurenergy Greenam Energy, a wholly owned subsidiary of Singapore-based AM International Holdings, has set up its first floating solar power plant at Tuticorin. The 24 MW floating solar power plant would be one of its kind and is the first floating renewable energy initiative to optimise energy production in industrial plants, a company statement said. “Greenam […] Read more
