UAE’s Yellow Door Energy Raises $65 Million Updated On Wed, Jan 30th, 2019 by Saurenergy The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […] Read more
GE to Digitize Tata Power’s Renewable and Thermal Fleet in India Updated On Thu, Jan 24th, 2019 by Saurenergy This is the first implementation of GE’s Predix Asset Performance Management (APM) solutions in India, will be the backbone of Tata Power’s Reliability Centered Maintenance (RCM) digitisation strategy. General Electric (GE), an American Multinational Conglomerate has announced that it will implement the first Predix Asset Performance Management (APM) solution in India for Tata Power’s thermal […] Read more
NDMC Becomes First DISCOM in India with 100% Smart Metering Updated On Thu, Jan 10th, 2019 by Saurenergy EESL installs 50,000 smart meters enhancing consumer convenience and rationalizing electricity consumption in NDMC area The Energy Efficiency Services Limited (EESL), working under the Ministry of Power announced the completion of its project with the New Delhi Municipal Corporation (NDMC). The project concluded with the replacement of 50,000 conventional electricity meters with smart meters in the […] Read more
Renewable Sources Contribute Over 40% to Germany’s Public Net Electricity Generation in 2018 Updated On Tue, Jan 8th, 2019 by Saurenergy Based on the production figures, solar energy showed the largest growth at 16 percent, ahead of wind energy with 5.4 percent growth. Researchers at the Fraunhofer Institute for Solar Energy Systems ISE have just released their annual assessment on the net electricity generation for Germany’s public power supply in 2018. Based on the production figures, […] Read more
PV System Commissioning – Perfection is The Key! Updated On Fri, Dec 28th, 2018 by Saurenergy Effective management of a solar PV plant could be divided into 3 distinctive steps i.e. Engineering Procurement & Construction (EPC), Commissioning and Operations & Management (O&M). EPC deals with the pre-construction and construction activities of the PV power plant. Commissioning is the process that starts along with the construction of plants and proceeds through PV […] Read more
Freyr Energy Secures Rs 27 Crore in Series A Funding Updated On Tue, Nov 27th, 2018 by Saurenergy Freyr Energy will use the funding to strengthen the technology aspect of their operations while enhancing the sales and marketing networks. Hyderabad-based Freyr Energy, a solar rooftop startup, has raised Rs 27 crore from C4D Partners, a Netherlands-based Impact Investment Fund in Series A. Prior to this, Freyr Energy had secured seed funding from Doen-Participaties, […] Read more
Viz-A-Viz with Saikat Roy, MD & CEO, MyWay Energy and Lighting India Pvt Ltd Updated On Mon, Nov 26th, 2018 by Saurenergy Q. To begin with, please tell our readers more about myWay Solar and its contribution towards clean & green energy. Ravi Renewable and Lighting India Pvt Ltd (RREL) is an organization that tries to understand the pain points of the industry and works towards elimination of those difficulties. We have two divisions – Renewable and […] Read more
HPL Electric & Power Q2 Net Surges 26.1% to Rs 7.8 Cr Updated On Tue, Oct 30th, 2018 by Saurenergy “The consolidated net profit after taxes (PAT) of the company stood at Rs 6.2 crore during the corresponding quarter a year ago,” said HPL Electric & Power. One of the country’s leading electric equipment maker, HPL Electric & Power reported an increase of 26.1 per cent in its consolidated net profit after taxes (PAT) at […] Read more
Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more