RK Singh Launches Award Scheme under ‘Saubhagya’ Updated On Tue, Oct 16th, 2018 by Saurenergy More than 1.65 crore households connected since the launch of Saubhagya. RK Singh, Minister of State (IC) for Power and New & Renewable Energy, has launched an award scheme under Saubhagya to felicitate the DISCOMs/ Power Department of the States and their employees for achieving 100 percent household electrification in their areas of operation. The […] Read more
Hanwha Solar to Acquire Hanwha Q CELLS for $825 Mn Updated On Tue, Oct 16th, 2018 by Saurenergy As per the deal, the company will be acquired by Hanwha Solar in an all-cash transaction implying an equity value of the company of approximately USD 825 million. Solar PV modules maker Hanwha Q CELLS has entered into a definitive plan of merger with Hanwha Solar Holdings, a subsidiary of Hanwha Chemical Corporation. As per the […] Read more
Viz-A-Viz with Navin Menkar, Managing Director, Solaico Sadguru India Pvt Ltd Updated On Tue, Oct 16th, 2018 by Saurenergy Q. Please tell our readers about Sadguru Enterprises. We are a diverse plastic product manufacturer from Pune, Maharashtra. We have 35 years of solid manufacturing expertise with industry ready infrastructure at strategic locations in and around Pune. The management is blessed with strong goodwill in the market and carries a sound financial backbone. Q. Kindly […] Read more
SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
Sterling and Wilson to Strengthen Footprints in Kazakhstan; Mulls 200MW Solar Projects Updated On Thu, Oct 11th, 2018 by Saurenergy The country is working to increase the share of renewable energy in electricity generation, which is expected to reach 3 percent by 2020 and 10 percent by 2030. One of the leading solar EPC solutions providers Sterling and Wilson has planned to strengthen its footprints in Kazakhstan. The company is targeting a CPE (electrical performance […] Read more
Cleanmax Solar Donates Solar Plant to Komaravolu Gram Panchayath, AP Updated On Wed, Oct 10th, 2018 by Saurenergy Moreover, the Gram Panchayath is estimated to save up to Rs 58,000 per year as this solar plant will approximately generate 29,000 kWh electricity units per annum for next 25 years. Country’s one of the leading rooftop solar developer CleanMax Solar has donated 20 kWp solar plant to the Gram Panchayath of Komaravolu village in […] Read more
UBM India Successfully Concludes 12th Edition of Renewable Energy India Expo Updated On Wed, Oct 10th, 2018 by Saurenergy Keen global and local participation, foreign investments & technology breakthroughs marked the show UBM India successfully concluded the 12th edition of Renewable Energy India (REI) Expo, the three day (18th – 20th September 2018) show at the India Expo Center, Greater Noida. This year, the show focused on approaching renewables in a more holistic manner, […] Read more
