Rapid increase in the share of renewables has destabilized the wholesale electricity markets: Capgemini Updated On Sat, Oct 29th, 2016 by Saurenergy Capgemini in the eighteenth edition of its annual study, the European Energy Markets Observatory (EEMO) has revealed that rapid increase in the share of renewables has destabilized the wholesale electricity markets. The report published in partnership with I4CE and Vaasa ETT states world Governments have increasingly dedicated budgets to developing renewable energy solutions and building […] Read more
Interview with Rohit Kumar, Head of Indian Subcontinent, REC Updated On Sat, Sep 17th, 2016 by Saurenergy Marking its 20th anniversary in 2016, REC has two decades of experience and is a demonstrated long-term player in the solar industry. Founded in 1996, the company is headquartered in Norway (operational headquarters in Singapore) employing 2,000 people worldwide with offices, representatives and partnerships in place to help meet the world’s growing energy needs. REC […] Read more
Central Government should renew its focus on the DBFOT framework: Simarpreet Singh, Head – Strategy, Hartek Power Updated On Wed, Aug 10th, 2016 by Saurenergy Hartek Power Pvt Ltd is one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies with expertise in executing high-voltage substation turnkey, rooftop solar projects and manufacturing a complete range of power distribution equipment/solutions to the needs of the industry and utilities. The company has four strategic business units—Power Systems, Rooftop Solar, Power Distribution […] Read more
Silicon Metal Market to be Worth US$3.4 Billion by 2024: TMR Updated On Thu, Jul 14th, 2016 by Saurenergy Silicon metal is derived from quartz, globally it market is highly consolidated and is led by a handful of multinational companies. Transparency Market Research in its report revealed that this has compelled players to focus on product differentiation as well as supply chain integration in order to survive this challenging vendor landscape. The report states […] Read more
Ecoppia’s new VP Nalin Sharma to lead company’s Asian operations Updated On Tue, Jun 21st, 2016 by Saurenergy Ecoppia has begun building its Indian and Asian operations, starting with hiring a new VP for the region, Nalin Sharma. Sharma is a veteran of the Indian solar industry and brings many years of management experience to the role. He was an early employee and Head – Channel Partnership at SunEdison Asia, spearheaded channel strategy […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
Azure Power appoints Arno Harris as an independent director Updated On Wed, May 18th, 2016 by Saurenergy Azure Power has announced appointment of CEO and Chairman of Recurrent Energy, Arno Harris as an independent director. Arno Harris comes on board with over 15 years of experience in the solar sector and has helped the industry make the transition to mainstream energy markets. This includes his term as the Founder, CEO and Chairman of Recurrent […] Read more
S&C Electric Company completes one of the largest energy storage systems in Ohio Updated On Mon, May 9th, 2016 by Saurenergy S&C Electric Company has completed one of the largest energy storage systems in Ohio. The 7-MW system located in Minster, Ohio, was built in partnership with Half Moon Ventures (HMV) and the local municipal utility, the Village of Minster. The project at the Minster Solar + Storage Facility was officially inaugurated on May 6 t to the residents of Minster. […] Read more
Tata Power to raise share of its renewable energy output from its earlier target of 20% to 30-40% by 2025 Updated On Mon, Apr 25th, 2016 by Saurenergy Tata Power has decided to raise share of its renewable energy output from its earlier target of 20%, to 30-40% by 2025 reports PTI Currently the company has working capacity of 9,156 MW which include 693 MW of hydel, 593 MW of wind and 60 MW of solar sources. Speaking to PTI Tata Power managing […] Read more