Greenko Group Unsure of Buying Orange Renewables Updated On Tue, Aug 21st, 2018 by Saurenergy The USD 1 billion deal between the two giants would have made Greenko Group country’s 2nd largest firm in renewable energy space following ReNew Power that has highest new energy capacity. Utility-scale clean and affordable energy provider, Greenko Group has been reluctant to buy wind and solar energy assets of Singapore based renewable energy developer, Orange […] Read more
Trina Solar Receives $30 mn Credit Facility from Vietnam Bank Updated On Mon, Aug 20th, 2018 by Saurenergy The financial aide to Trina Solar will be used to further put on fast track Company’s growth at manufacturing plant in Bac Giang Province of Vietnam. Chinese solar manufacturer, Trina Solar has bagged a funding of USD 30 million from Vietin Bank which would be used to further put on fast track Company’s growth at […] Read more
Rooftop Solar Application rise by 500% in Australia Updated On Mon, Aug 13th, 2018 by Saurenergy Rising power prices and improved technology has led to 25 percent of domestic consumers to switch to some sort of solar application to help them with some household work. The country has enough sunlight to power all commercial buildings on just solar panels. In the past three years, there has been a 500% rise in […] Read more
NTPC asserts Additional Tariff for Bid Resubmission for 2GW Project Updated On Thu, Aug 9th, 2018 by Saurenergy Pre-qualified developers for NTPC tender show their concern about whether they would be allowed to pass on the incremental tariff because of the safeguard duty to distribution companies. Feeding the impacts of the safeguard duty on imports, state-run National Thermal Power Corporation (NTPC) has asked the pre-qualified bidders of 2GW solar power project to resubmit […] Read more
Tata Power’s CGPL Wins ‘Gold’ at FAME ‘Excellence in Safety’ Awards Updated On Mon, Aug 6th, 2018 by Saurenergy The award, given by the Foundation for Accelerated Mass Empowerment (FAME), recognizes industries for implementing best occupational health and safety systems, processes and practices. Tata Power’s wholly owned subsidy in Gujarat, Coastal Gujarat Power (CGPL) won ‘Gold’ at the FAME ‘Excellence of Safety’ awards for best safety practices and implementing workplace safety norms for the […] Read more
Sungrow launches State-Of-The-Art Factory at India Base Updated On Fri, Jul 27th, 2018 by Saurenergy Sungrow India has installed more than 2 GW of renewable capacities. The launch of the factory is aimed at improving company’s global delivery and enhancing service to the customers worldwide. India’s leading inverter company, Sungrow launches a state-of-the-art facility for manufacturing of central and string inverters, fulfilling Indian as well as international demands. With […] Read more
LONGi Solar Inks $600 Mn Pact with American Firm Updated On Wed, Jul 25th, 2018 by Saurenergy This is another solid step LONGi Solar has taken as a global leading monocrystalline module maker in its overseas deployment. LONGi Solar said that it has signed a USD 600 million contract with an American company to sell high-efficiency monocrystalline modules in the United States. This is another solid step LONGi Solar has taken as […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
Corporates and Multinationals Showing Interest in Solar-powered Factories Updated On Fri, Jul 13th, 2018 by Saurenergy There are half a dozen established solar companies tapping the corporate sector, as solar power prices have crashed to a viable less than Rs 3/kWh (kilowatt hour) from over Rs 5/kWh three years ago. Indian corporates and multinationals are increasingly showing their interest in shifting from conventional source of energy to solar energy. Many leading […] Read more
