Genie Energy Solar Arm Bags Module Supply Order from JPMorgan Chase Updated On Tue, Nov 5th, 2019 by Saurenergy Prism Solar Technologies (Prism Solar), a solar manufacturing arm of Genie Energy, has secured an order from JPMorgan Chase to supply solar modules for the installation at its facilities. The company said in a statement that, “Genie Energy Ltd announced that its solar manufacturing subsidiary, Prism Solar Technologies, has received additional purchase orders from JPMorgan […] Read more
CPPIB to Acquire Pattern Energy in All-Cash Deal Updated On Tue, Nov 5th, 2019 by Saurenergy Moreover, the Pattern Energy stake transaction is expected to be completed by the second quarter of 2020, subject to required regulatory approvals, and other customary closing conditions. Canada Pension Plan Investment Board (CPPIB), a professional investment management organization, has entered into a definitive agreement to buy Pattern Energy in an all-cash transaction for USD 26.75 […] Read more
Infosys Helps in Digital Transformation of Siemens Gamesa Renewable Energy Updated On Tue, Nov 5th, 2019 by Saurenergy According to the contract signed, Infosys will enable Siemens Gamesa Renewable Energy to align its existing disparate IT setup into a harmonized and consolidated infrastructure landscape. IT giant Infosys has entered into a strategic long-term partnership with Siemens Gamesa Renewable Energy (SGRE), global leader in wind energy, in order to help in its digital transformation. […] Read more
Tata Power Forms New Arm to Set Up 10,000 Microgrids by 2026 Updated On Mon, Nov 4th, 2019 by Saurenergy However, the newly formed company, TP Renewable Microgrid Ltd, will be operated and managed by the Tata Power itself, while the Rockefeller Foundation will provide technical support to the offshoot for achieving its objective. Utility giant Tata Power on Monday announced the formation of its new arm, TP Renewable Microgrid Ltd, with an aim to […] Read more
SunAlpha Energy Offers Financing Scheme for Rooftop Solar Plants Updated On Mon, Nov 4th, 2019 by Saurenergy During the initial launch of the facility, SunAlpha Energy wants to target around one thousand homes and businesses with rooftop solar plants. With an aim to make the adoption of solar power easier on the pocket, Rajasthan-based SunAlpha Energy on Monday has launched an easy EMI financing scheme for rooftop solar power plants. During the […] Read more
Nexans Gets Contract for 1,075 MW Seagreen Wind Farm Project Updated On Mon, Nov 4th, 2019 by Saurenergy The company will be the preferred supplier for designing, manufacturing and installing onshore and offshore export cables for the phase-I development of the project. France based cable manufacturer Nexans has received a contract from SSE Renewables, a renewable energy arm of Airtricity, for 1,075 MW Seagreen offshore wind farm project. As per the agreement, the […] Read more
Automotive Li-ion Battery Market Projected to $74.3 Bn by 2024, Report Updated On Mon, Nov 4th, 2019 by Saurenergy As per the P&S Intelligence market research report, the automotive lithium-ion battery market size was valued at USD 24.2 billion last year. The market share for automotive lithium-ion (li-ion) battery is projected to reach USD 74.3 billion by 2024, progressing at a CAGR of 15.9 percent during (2019-2024), said the market research report. As per the P&S […] Read more
Tata Power’s Renewable Arm Gets LoA to Develop 150 MW Solar Project Updated On Sat, Nov 2nd, 2019 by Saurenergy As per the deal, the energy will be supplied to Tata Power – D under a long-term PPA for 25 years from the scheduled commercial operation date. Renewable arm of utility giant Tata Power, Tata Power Renewable Energy Ltd (TPREL) has got a Letter of Award (LoA) from Tata Power – Distribution (Tata Power – […] Read more
SN Sahai Takes Charge as Power Secretary; Garg to Begin New Innings Updated On Fri, Nov 1st, 2019 by Saurenergy Now, Garg is mulling to kick off his new innings in the economic and financial policy work outside Government. Sanjeev Nandan Sahai on Friday has assumed charge as Secretary in the Ministry of Power in New Delhi. He has been appointed in place of Subhash Chandra Garg, who retired on October 31, 2019. Prior to this, Sahai, who […] Read more
