Azure Power Announces Pricing of its IPO Updated On Thu, Oct 13th, 2016 by Saurenergy Last month Azure Power announced the launch of its initial public offering (IPO) of 6,818,182 equity shares. Now the company has announced the pricing of its initial public offering of 3,409,091 equity shares, including 2,242,424 equity shares to be sold by Azure Power and 1,166,667 shares to be sold by certain selling shareholders, at a […] Read more
Schneider Electric partners with NSDC and PSSC, to setup Centre of Excellence focused on power, solar and automation Updated On Wed, Oct 12th, 2016 by Saurenergy Schneider Electric in partnership with the National Skill Development Corporation (NSDC) and the industry-led Power Sector Skill Council (PSSC), will co-promote a Centre of Excellence and support training of electricians for underprivileged youth in one hundred Government approved skill development centres. A Memorandum of Understanding (MoU) was signed between Ministry of Skill Development & Entrepreneurship, […] Read more
Ujaas receives Economic Times Best Infrastructure Brand 2016 Award Updated On Wed, Oct 12th, 2016 by Saurenergy Ujaas Energy, on the basis of an extensive research done by the knowledge and research partner of the event ‘KPMG’, was recognized and awarded as “The Best Infrastructure Brand 2016” for its Immense Contribution to the Infrastructure Sector. Ujaas was awarded based on the evaluation on the parameters reflecting the corporate strength of enterprise, amongst […] Read more
MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects Updated On Sat, Oct 1st, 2016 by Saurenergy The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […] Read more
SunPower’s Sr. Vice President Eric Branderiz joins Tesla Updated On Sat, Sep 24th, 2016 by Saurenergy Tesla on Friday announced that Eric Branderiz will join the Company on October 24, 2016 as Vice President, Corporate Controller and Chief Accounting Officer. Eric was most recently SunPower’s Senior Vice President, Corporate Controller and Chief Accounting Officer. Eric brings accounting and solar expertise to Tesla after spending 6 years at SunPower Corporation. The Tesla […] Read more
Azure Power announces the launch of its initial public offering Updated On Fri, Sep 23rd, 2016 by Saurenergy Azure Power Global Limited (“Azure Power”) has announced the launch of its initial public offering of 6,818,182 equity shares. 5,863,637 equity shares will be sold by Azure Power, while 954,545 shares will be sold by certain selling shareholders says the official statement. The company expected to grant the underwriters a 30-day option to purchase up […] Read more
Schneider Electric names Peter Herweck as Executive Vice President and Member of the Executive Committee Updated On Thu, Sep 22nd, 2016 by Saurenergy Schneider Electric is appointing Peter Herweck as Executive Vice President of the Industry Business and Member of the Executive Committee. Peter, 50- began his career at Mitsubishi Electric as a software development engineer in Japan before joining Siemens in 1993, where he held a variety of positions in the automation and drives field in Germany […] Read more
India’s Department of Posts plans to harness solar power at its offices Updated On Tue, Sep 20th, 2016 by Saurenergy The Department of Posts has planned to harness solar power by launching a project at its headquarters in Delhi and plans to expand it to its buildings spread across the country, a top official said today. “We are examining the process of harnessing roof-top solar energy. To start, we are looking whether it can be […] Read more
JinkoSolar Urged to Support India’s Ambitious Solar Target Updated On Wed, Sep 14th, 2016 by Saurenergy JinkoSolar Holding recently attended the India-China CEO’s Dialogue, organized by the Confederation of Indian Industry (CII) in New Delhi, India. At the high level meeting with Minister of Finance, Minister of Energy, Minister of Corporate Affairs, and other India’s top governors, JinkoSolar urged to support India’s ambitious solar target and discussed the challenges faced by […] Read more
