Mytrah Energy Successfully Raises Rs. 1800 Crore Updated On Tue, Sep 19th, 2017 by Saurenergy The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […] Read more
Delta Expands Portfolio of Utility, Commercial and Residential Power Conversion & Energy Storage Solutions at SPI 2017 Updated On Tue, Sep 12th, 2017 by Saurenergy Delta is launching several products for the first time to the U.S. commercial and utility markets at the show, including the M125U, a grid-tied 1500V string PV inverter and the ES30 three-phase energy storage system Delta is showcasing its comprehensive portfolio of renewable power conversion and storage technologies for utility, commercial and residential scale applications […] Read more
Energy Storage Market to Touch 70 GW by 2022 Updated On Tue, Sep 12th, 2017 by Saurenergy The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW. Out of 70 GW, over 35 GW of demand is expected from newer applications. The market for energy storage in the South Asia region is dominated by India. Energy storage helps in the […] Read more
EnSync Energy Systems Launches Industry Initiative to Accelerate Utility Adoption of Distributed Energy Resources Updated On Thu, Sep 7th, 2017 by Saurenergy EnSync Energy contracted Deborah Galimba, president and chief executive officer of XUTILITY and a former electric generation interconnection senior consultant at PG&E, to lead the utility vertical initiative EnSync Energy Systems has announced the launch of a collaborative utility vertical initiative, targeting investor-owned utilities, independent system operators (ISOs) and third-party generators. EnSync Energy’s Matrix Energy […] Read more
Enphase Energy Expands in India with New Account Manager and Distribution Partners Updated On Wed, Aug 9th, 2017 by Saurenergy Enphase has invested in a direct presence in Chennai with the appointment of Venkata Mukundarajan as its strategic account manager for India. The company has added Sun-AP Ecopower and Redington as new distribution partners. Enphase Energy, a global energy technology company and the world’s leading supplier of solar microinverters, has announced that the Company has […] Read more
The Gospel of Distributed Energy Storage Updated On Fri, Aug 4th, 2017 by Saurenergy A target of 175 GW by 2022 is not just challenging but brings a commodity to bring swift innovations to peg this clean mission. Falling energy storage costs and steadily increasing solar capacity stand to catalyze a paradigm shift from net metering to distributed energy storage. Implementing a system composed of a web of distributed […] Read more
Plug and Play Partners with Siemens to Launch New Energy & Sustainability Innovation Platform Updated On Sat, Jul 29th, 2017 by Saurenergy The collaboration with Plug and Play as a member in the new energy program is a key initiative for Siemens to develop the relationship with leading startup companies in the energy and adjacent markets. Siemens is participating in the newly founded Plug and Play Energy & Sustainability Program, which focuses on new technologies that can […] Read more
Solar Energy Sector Sees $4.6 Billion Funding in First Half Current Fiscal Updated On Mon, Jul 17th, 2017 by Saurenergy Solar energy sector has seen funding from corporate, venture capital funding, public market and debt financing that all together stood at USD 4.6 billion in the first half of this year. Solar energy sector witnessed corporate funding of USD 4.6 billion globally in the first six months this year, marginally higher than the year-ago period. […] Read more
Ecolibrium Energy raises funding of USD 2.6 million from Infuse Ventures, JLL Updated On Wed, Jul 5th, 2017 by Saurenergy Ecolibrium Energy currently services more than 500 multinational clients across sectors like engineering, FMCG, pharmaceuticals and utilities among others. Energy analytics firm Ecolibrium Energy announced that it has raised funding of USD 2.6 million (about Rs 16.83 crore), led by Infuse Ventures, JLL and an angel investor. Ecolibrium Energy currently services more than 500 multinational […] Read more
