Magenta Power Sets-up India’s 1st Solar Powered EV Charging Station; Mulls to Expand by Year End Updated On Wed, Jun 13th, 2018 by Saurenergy The company also has aggressive plans in EV space and aims to set up 100 charging stations at various locations in Mumbai. It is also in discussions with various stakeholders to this end. One of the leading service providers of renewable energy solutions, Magenta Power in association with Exicom installs country’s first solar charging station […] Read more
Scorchio – Solar Energy is on the Up So too are Associated O&M Costs Updated On Wed, Jun 13th, 2018 by Saurenergy The Early May Bank Holiday weekend saw record temperatures across the UK, with many southern and eastern counties experiencing hotter weather than the Mediterranean. Such was the weekend heatwave that solar power transpired to be the dominant energy source between 12.15 and 3.15 on the Sunday, producing more power that the conventional energy generation sources, […] Read more
Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
Triton Solar Brings Redundant and Affordable Solar Based Power Backup Solution to India Updated On Tue, Jun 12th, 2018 by Saurenergy Triton brings user-friendly and pocket-friendly Backup Solutions From 10KWH to 10MWH of requirements. The offering is live for entire India. From common households to manufacturing units to small commercial setups to mission critical healthcare institutions, Triton’s offerings covers customers of almost every size and type. New Jersey Based Triton Solar LLC, known for making innovative […] Read more
Finland’s Fortum to sell 54% Stake in Indian Projects Updated On Fri, Jun 8th, 2018 by Saurenergy “This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […] Read more
Azure Power Wins Largest Solar Power Project (75 MWs) in Northeast India Updated On Thu, Jun 7th, 2018 by Saurenergy Azure Power wins 75 MWs, highest allocation out of a 100 MW tender, in Assam Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced that it has won the largest (75 MWs) solar power project in the North Eastern region of India. Azure Power will sign a 25 year Power Purchase Agreement […] Read more
India Intends to Partner with UN to Promote Solar Energy Updated On Thu, Jun 7th, 2018 by Saurenergy While expressing his optimism and hope Syed said that by the next year’s World Environment Day commemoration, solar energy will be part of the energy mix used in the UN headquarters. As part of the efforts to protect and preserve the environment, India’s Permanent Representative to the UN Syed Akbaruddin said, that the country aims […] Read more
Beer Giant AB InBev’s Mysore Unit Goes Green; Inks Pact with Canadian Firm Updated On Thu, Jun 7th, 2018 by Saurenergy The brewery in Mysore manufactures beer brands especially Budweiser, Knock out and Beck’s Ice, is the company’s third unit in the world that has shifted to the renewable source to meet its energy demands. The other two are in the US. The Mysore unit of World’s biggest beer giant Anheuser-Busch (AB InBev) in Karnataka has shifted from […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more
