Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
Sunrun-Vivint Deal the Largest Consolidation in Residential Solar History: WoodMac Updated On Wed, Jul 8th, 2020 by Saurenergy Sunrun has agreed to acquire Vivint Solar in an all-stock transaction, with the deal valued at USD 3.2 billion including debt. Commenting on the deal, Ravi Manghani, Wood Mackenzie Research Director, said: “Per Wood Mackenzie’s US PV Leaderboard, Sunrun and Vivint have been the #1 and #2 residential solar companies in the US for the […] Read more
NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR Updated On Wed, Jul 8th, 2020 by Saurenergy NextPower III, NextEnergy Capital’s third institutional solar fund, has completed its first acquisition in India – a 27.4 MWp plant in Odisha from IBC SOLAR NextPower III, NextEnergy Capital’s third institutional solar fund, has announced that it has completed its first acquisition in India. The fund has acquired a 27.4 MWp plant in Odisha from […] Read more
GoodWe Wins All Quality Matters Award for 5th Consecutive Year Updated On Wed, Jul 8th, 2020 by Saurenergy GoodWe has once again bagged the “All Quality Matters” award in recognition for the outstanding quality of its EH storage inverter and its MT C&I inverter. Leading manufacturer of solar inverters and energy storage solutions for home and commercial applications, GoodWe has announced that it has once again bagged the TÜV Rheinland’s “All Quality Matters” […] Read more
Top 10 Solar PV Module Suppliers in India for 2019 Updated On Wed, Jul 8th, 2020 by Saurenergy Here we take a look at the leading solar PV module supplier in India (utility-scale and rooftop projects) for the year 2019. Solar energy has become the leading resource for renewable energy expansion worldwide, and the case is similar in India. Where it now ranks ahead of wind energy, as the leading contributor to India’s […] Read more
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
Suzlon Posts Net Loss of Rs 834.22 Crore in March Quarter Updated On Tue, Jul 7th, 2020 by Saurenergy Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. Wind turbine major Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. The consolidated net loss […] Read more
Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion Updated On Tue, Jul 7th, 2020 by Saurenergy Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […] Read more
Odisha Targeting 1500 MW of Solar Generation Capacity by 2022 Updated On Tue, Jul 7th, 2020 by Saurenergy Odisha has decided to boost its share of renewable energy with the state government setting a new target of 1500 MW solar power capacity by 2022. The coastal state of Odisha has decided to boost its share of renewable energy with the state government setting a new target of achieving 1500 MW of solar power […] Read more
