Govt Set to Divest its 100% Stake in CEL; Invites EoI by Mar 16 Updated On Tue, Feb 11th, 2020 by Saurenergy After BPCL and Air India, government is now set to privatise its solar products manufacturer Central Electronics Ltd (CEL) and invited bids for selling its 100 percent shareholding with management control. The last date for interested parties to submit the bids is March 16, 2020. CEL is a Government of India Enterprise under the Department of […] Read more
Canadian Solar, Lightsource BP Sign 1.2 GW Module Supply Agreement Updated On Thu, Feb 6th, 2020 by Saurenergy Canadian Solar has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar modules Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar […] Read more
Vikram Solar Hires Inox Wind’s Saibaba Vutukuri as New CEO Updated On Wed, Feb 5th, 2020 by Saurenergy In a significant development, country’s one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing […] Read more
Safeguard Duty Knots. Azure Power Wins Reprieve from CERC Updated On Wed, Feb 5th, 2020 by Saurenergy Azure Power, which had gone to the central Electricity Regulatory Commission (CERC) to get compensation from SECI for two of its bids, due to the imposition of Safeguard Duty (SGD) on 30.07.2018, has found a willing ear at CERC. The two cases here were petition numbers 356/MP/20198, and 51/MP/2019. In an order that mirrors the […] Read more
Flair Group to Solarise its Manufacturing Plant with SunAlpha Energy Updated On Wed, Feb 5th, 2020 by Saurenergy Rajasthan based SunAlpha Energy on Wednesday said that it has entered into partnership with Flair Writing Industries Ltd, country’s one of the leading manufacturers of writing instruments, to solarise its manufacturing facility. As per the deal, the company will install a solar plant of 150 kW capacity at the Flair’s manufacturing plant in Daman. Further, the […] Read more
AutoGrid, Schneider Electric to Provide Integrated Soln for Digitizing Electric Grid Updated On Sat, Jan 25th, 2020 by Saurenergy Flexibility management software provider for the energy industry, AutoGrid has entered into a strategic partnership with Schneider Electric, a specialist in global energy management and automation. The motive behind the deal was to help energy providers integrate customer-owned or -operated flexible distributed energy resources (DERs) into their distribution management operations. The joint solution will integrate […] Read more
Hartek Solar Wins 1 MW Rooftop Solar Projects; Expands Footprint in Daman Updated On Tue, Jan 21st, 2020 by Saurenergy Hartek Group’s rooftop solar arm, Hartek Solar has extended its footprints to pan India by securing 1 MW rooftop solar projects in Daman. The company has marked its presence in the newly merged union territories (UTs) of Dadra & Nagar Haveli and Daman & Diu by winning approx 40 rooftop solar projects with an aggregate […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
India Leads in Asia-Pacific Solar Tenders Activity in Dec with SECI’s 2.4GW Capacity Updated On Mon, Jan 20th, 2020 by Saurenergy In continuing its ambitious solar energy drive, India topped in the Asia-Pacific region for solar photo voltaic (PV) tenders activity in December last year, according to the data and analytics company. With forty nine tenders announced and a 75.4 percent share, India topped the list among all other countries in the region, followed by the […] Read more
