Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited Updated On Thu, Dec 21st, 2017 by Saurenergy Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […] Read more
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
ACME Solar Holdings and HG Infra Engineering Gets SEBI Approval to Launch Initial Public Offerings Updated On Tue, Dec 19th, 2017 by Saurenergy The financing of company’s Rajasthan based 200MW solar power project and debt payment and few other corporate purposes are on the list in which the raised funds from the issue to be used. ACME Solar Holdings and HG Infra Engineering are the two companies to whom the SEBI has issued approval to launch initial public […] Read more
Genex Power Appoints UGL as Preferred EPC Contractor for 270MW Kidston Solar Power Project Updated On Thu, Dec 14th, 2017 by Saurenergy UGL is a wholly-owned subsidiary of Australian publicly listed company CIMIC Group Limited, which is a world-leading infrastructure, mining, services and public private partnerships group. Genex Power Limited has announced the appointment of UGL as EPC in relation to the development of the 270MW Kidston Stage 2 Solar project (K2-Solar) at Kidston, North Queensland. The […] Read more
Europe Moves to Grow Green Economy at Paris Climate Meeting Updated On Thu, Dec 14th, 2017 by Saurenergy European leaders in Paris called for a sector-by-sector approach to investments that makes good use of the single market in the European Union. Commemorating the Paris climate agreement, European leaders said they are committed to establishing the bloc as the destination for green development. European and international delegates are in Paris for a series of […] Read more
Schneider Electric Commits Generate Electricity From 100% Renewable Energy by 2030 Updated On Wed, Dec 13th, 2017 by Saurenergy The commitments are yet another step in Schneider Electric’s journey to becoming carbon neutral by 2030. Schneider Electric, the leader in digital transformation of energy management and automation, has committed to sourcing 100% renewable electricity and is throwing light on the doubling of its energy productivity. The company strongly believes it cannot go renewable without […] Read more
Intersolar India 2017: 241 Exhibitors, 13000 International Visitors Participated Despite Rainfall Updated On Wed, Dec 13th, 2017 by Saurenergy Intersolar is eager to help the government to reach the ambitious goal of 175 GW of green energy by 2022. Intersolar India opened the doors to a total attendance of more than 13,000 solar and energy storage experts at the Bombay Exhibition Center in Mumbai with even 10 percent more than the expected visitor numbers. […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
Solar Panel Cleaning Startup Ecoppia Raises $13 Million Updated On Tue, Dec 12th, 2017 by Saurenergy The company’s founder Moshe and CEO Eran Meller started Ecoppia in 2013, has evolved with a distinct technology for cleaning solar panels. Harel Insurance investments and financial services Ltd. has recently invested in the Israeli startup Ecoppia with $13 Million. This was the third financing round the startup has secured funding. The current investors including […] Read more
