IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more
REC Solar appoints Matt Walz, a Duke Energy executive as chief executive officer Updated On Thu, Aug 25th, 2016 by Saurenergy REC Solar has announced the appointment of Matt Walz as chief executive officer. Walz has worked at Duke Energy for 12 years and joined REC Solar after serving on the company’s board of directors. Walz brings to REC Solar leadership experience in renewable energy, retail electric supply and wholesale generation. Building off his tenure as […] Read more
SECI awards 240MW solar project to Essel Green Energy in Odisha Updated On Wed, Aug 24th, 2016 by Saurenergy Essel Green Energy has acquired a bulk of 270MW solar project in Odisha from Solar Energy Corporation of India (SECI). A subsidiary of Subhash Chandra’s Essel Group, the company has bagged 240MW solar project, while IBC Solar Ventures India has won 20 MW and Jyoti Infrastructure has got 10MW. Energy Corporation of India had set […] Read more
Waaree Energies installs solar rooftop panels at Growel’s corporate office in Mumbai Updated On Tue, Aug 23rd, 2016 by Saurenergy Waaree energies have installed solar rooftop panels at Growel’s corporate office located in Growel’s Mall– one of the most popular shopping centers in Kandivali, Mumbai. Waaree notes that that solar panel system has played a significant role in reducing the shopping mall’s carbon footprint – eliminating almost 2, 23, 200 kg of carbon dioxide. The complete […] Read more
The cumulative installed Renewable energy capacity crosses 44 GigaWatts: NITI Aayog Updated On Tue, Aug 23rd, 2016 by Saurenergy PM Narendra Modi on Monday reviewed the progress of key infrastructure sectors. NITI Aayog in its presentation noted that there has been phenomenal progress in several key sectors, including renewable energy, and railways. The cumulative installed capacity in the new and renewable energy sector has crossed 44 GigaWatts. Targets have been met for various components, […] Read more
Renewable Energy Plans of NTPC Making Our Job Harder Updated On Sat, Aug 20th, 2016 by Saurenergy Recently reports stated that India’s largest state owned electricity generator NTPC is gearing up to become the biggest renewable energy company in the next 10 years. It seems that this report did not go well down the esophagus of the renewable energy Industry. Vinay Kumar, COO at Greenko on professional networking site said that “these […] Read more
PowerCare team from SunLink has expanded its installation services into the Northeastern US Updated On Wed, Aug 17th, 2016 by Saurenergy The SunLink PowerCare team has announced that it has expanded installation services into the Northeastern United States. PowerCare is currently installing at a second GeoPro project across the state in Plymouth and is gearing up for 10 more projects in Massachusetts and Vermont in 2016. Simultaneously, the PowerCare team is also executing solar project services […] Read more
Scatec Solar signs an agreement for 100MW solar project in Nigeria Updated On Wed, Aug 17th, 2016 by Saurenergy Integrated independent solar power producer, Scatec Solar has signed an agreement with a Canadian renewable energy development company CDIL focused on Africa and BPS, a Nigerian strategic consulting firm for a 100 MW (DC) Nova Scotia Power plant located in Jigawa State, Nigeria. Raymond Carlsen, CEO of Scatec Solar stated that “Solar power in Nigeria […] Read more
Natcore Technology bags 200 MW Solar Project in Vietnam Updated On Wed, Aug 17th, 2016 by Saurenergy US-based Natcore Technology has signed a Memorandum of Understanding with an unnamed European developer of international renewable energy projects and a Vietnamese consortium, under which the organization will be forming a separate company to develop a 200 MW solar energy project in Vietnam. The cost of the project is expected to be around approximately US$300 […] Read more
