TCI to Use 25% Renewable Energy by the End of This Year Updated On Thu, May 17th, 2018 by Saurenergy TCI is among Google, Ikea, Apple, and other corporations as they shift their traditional electricity production to alternative clean sources. Besides being the first from Taiwan, TCI is one of a few contract manufacturers to join. Being first company in Taiwan to commit itself to using 100 percent renewable energy, TCI, a contract manufacturer of dietary […] Read more
Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19 Updated On Wed, May 16th, 2018 by Saurenergy The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […] Read more
NTPC Signs MoU to Acquire 3 Power Stations Updated On Tue, May 15th, 2018 by Saurenergy The MoU envisages transfer of Barauni Thermal Power Station and transfer of Bihar State Power Generation Company’s equity in Kanti Bijlee Utpadan Nigam Ltd & Nabinagar Power Generating Company to NTPC. Public Sector Undertaking NTPC has signed a pact with Bihar government and its power utilities to acquire their entire stake in two joint ventures […] Read more
Installed Renewable Energy Capacity Nearly Doubled Since 2014, says Govt Updated On Mon, May 14th, 2018 by Saurenergy With 70 GW installed renewable power capacity, renewable energy has a share of over 20 percent of the total installed capacity in the country, it further added. In a major boost to cleaner and greener planet, the total renewable energy installed capacity of the country has risen significantly in just four years i.e. from 36 […] Read more
ForeFront Power to Develop First Community Solar Proj for PG&E Program Updated On Fri, May 11th, 2018 by Saurenergy This program provides PG&E customers the option of purchasing up to 100 percent renewable energy from an off-site location. Mitsui & Co. arm ForeFront Power will develop the first community solar project for the PG&E’s Regional Renewable Choice program. This program provides PG&E customers the option of purchasing up to 100 percent renewable energy from […] Read more
AfDB Okays $1.5 Mn Grant for Nigeria’s On-Grid IPP Solar Procurement Program Updated On Fri, May 11th, 2018 by Saurenergy This program will assist the Nigerian government to achieve its national goal of reaching 75 percent electricity access by 2020 and electrifying unserved and underserved areas. The African Development Bank (AfDB) board has approved the USD 1.5 million grant to support the Nigerian Government’s implementation of phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) solar […] Read more
SolarEdge Revenue Surges 82% at $209.9 Mn in Q1 Updated On Fri, May 11th, 2018 by Saurenergy Strong first quarter results with record revenues and record profitability, despite the traditional seasonal slowdown and continued industry wide components shortages, says Guy Sella. Israel-based inverter solutions provider SolarEdge Technologies reported its robust total revenue jumped by 82 percent at USD 209.9 million in the first quarter of 2018 from USD 115.1 million last year, and rose 11 […] Read more
World Bank’s Baffling Figures Reveal 85% of India Electrified Updated On Fri, May 4th, 2018 by Saurenergy India has provided electricity to 30 million people each year between 2010 and 2016, World Bank has said, adding that it is more than any other country in the world. Lauding India on its latest report, World Bank noted that India is doing ‘extremely well’ on electrifying major portion of the country. Now, nearly 85 […] Read more
Renewable Energy Giants Ink New Partnership Deal Updated On Thu, May 3rd, 2018 by Saurenergy With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business in coming years. A three-year partnership between Array Technologies and sPower was announced at the GTM Solar Summit in southern California. With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business […] Read more
