Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
Tata Power Renewable Gets 150 MW Solar Proj in MSEDCL’s 1,000 MW Bid Updated On Mon, Jun 11th, 2018 by Saurenergy The company has received the Letter of Award (LoA) to develop the project and will sign a 25 year Power Purchase Agreement (PPA) with the MSEDCL. Tata Power’s renewable arm Tata Power Renewable Energy Ltd (TPREL) has bagged the 150 MW solar PV project in the bidding process of Maharashtra State Electricity Distribution Co Ltd’s […] Read more
Amazon to Generate 8,000 KW of Solar Power via Solar Panels Installations Updated On Fri, Jun 8th, 2018 by Saurenergy Apart from expanding existing capacity in Delhi, the company has plans to add large-scale solar panel systems at the fulfillment centers and two sortation sites located in Mumbai, Chennai, and Bangalore. In order to generate the clean energy and fulfill its power demands for fulfillment centers and sortation sites, Amazon India is eying to install […] Read more
Campaigns to Raise Awareness of Solar Energy Important, says Manipur Dy CM Updated On Sat, Jun 2nd, 2018 by Saurenergy Manipur Deputy Chief Minister Yumnam Joykumar Singh said that the public awareness campaigns are necessary and should be initiated to raise the awareness about the importance of solar energy. In order for any project to be successful, public awareness is really important, and that is true for solar energy and its importance in the country […] Read more
Heraeus Joins Hand with Jinergy to Break Through Technical Barriers to Double Printing Updated On Sat, Jun 2nd, 2018 by Saurenergy This ultra-fine-line (UFL) printing process is the world’s first breakthrough in the double-print technology. One of the leading suppliers of metallization solutions to PV industry, Heraeus Photovoltaics jointly with Jinergy Clean Energy Technology has developed and successfully ramped up the 18-μm opening screen printing process on solar cells. The company said in a statement that, […] Read more
Nagpur Municipal Corp Buildings, Hospitals to Go Solar by 2019 Updated On Sat, Jun 2nd, 2018 by Saurenergy The annual saving of the NMC on its Rs 100 Crore yearly bill will be at around Rs 60 lakh. Ten zones have been chosen by the civic body to execute the project for which they have would invite private agencies to take up the work. In order to use clean energy for water pumping, […] Read more
CGPL, TPCDT Partner to Provide Rooftop PV Systems to All Households in Tunda, Gujarat Updated On Fri, Jun 1st, 2018 by Saurenergy This project targets 100 percent households in the region and will provide individual houses rooftop solar photovoltaic (PV) system which would be connected to the grid without having battery banks. Coastal Gujarat Power Ltd (CGPL) has joined hands with Tata Power Community Development Trust (TPCDT) for its ‘Suryoday’ project, aiming to provide universal rooftop solar […] Read more
Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Heraeus Backs China’s Efforts for Clean Energy, Creating “Global Tipping Point” for Renewable Energy Updated On Thu, May 31st, 2018 by Saurenergy Performance gains, continual innovation and critical mass of adoption puts renewable energy on inevitable path to becoming the cheapest form of generating electricity, Heraeus Photovoltaics President Liebheit says. Andreas Liebheit, Heraeus Photovoltaics President said that the world’s energy picture is reaching a global tipping point that will establish solar energy and other renewable sources as […] Read more