At IDEF, the Focus shifts to Solar Products Updated On Thu, Jan 31st, 2019 by Saurenergy New Delhi is hosting the India Distributed Energy Forum, organised by industry body GOGLA, and their partners IFC Lighting Asia/India and the Ashden India Collective. GOGLA, or the Global Association for off Grid Solar is the global body tasked with promoting its members offerings most effectively. The India Regional Representative, Viraj Gada puts it like […] Read more
The Positive Impact of Solar Lanterns on UP, Bihar Households Updated On Thu, Jan 31st, 2019 by Saurenergy The study was presented at the IDEF 2019 forum in New Delhi. A recent study undertaken by IFC’s Lighting Asia/India Program in partnership with d.light analysed the impact of solar lanterns on rural households in Uttar Pradesh and Bihar. The study titled, “Impact of Solar Off-grid Lighting Solutions on Rural Households in the states of […] Read more
UAE’s Yellow Door Energy Raises $65 Million Updated On Wed, Jan 30th, 2019 by Saurenergy The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […] Read more
CleanMax Solar Conferred “Best Solar Power Turnkey Solutions” in India Updated On Wed, Jan 23rd, 2019 by Saurenergy CFI Magazine’s Clean Energy Award recognises the highest levels of achievement in energy and environmental sustainability. CleanMax Solar, one of India’s most trusted sustainability partner for corporates, was conferred the ‘Best Solar Power Turnkey Solutions – India 2018’ award by UK based Capital Finance International (CFI) Magazine. CleanMax Solar was recognised for its pioneering efforts […] Read more
Tata Cleantech Capital Raises Rs 180 Cr via Green Bond Updated On Wed, Jan 2nd, 2019 by Saurenergy Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
Cleanmax Solar Donates Solar Plant to Komaravolu Gram Panchayath, AP Updated On Wed, Oct 10th, 2018 by Saurenergy Moreover, the Gram Panchayath is estimated to save up to Rs 58,000 per year as this solar plant will approximately generate 29,000 kWh electricity units per annum for next 25 years. Country’s one of the leading rooftop solar developer CleanMax Solar has donated 20 kWp solar plant to the Gram Panchayath of Komaravolu village in […] Read more
Azure Prices its Public Offering of 1.48 Cr Equity Shares at $12.50 Per Share Updated On Sat, Oct 6th, 2018 by Saurenergy As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […] Read more
Azure Power Gets LoI to Electrify HAL Updated On Fri, Sep 28th, 2018 by Saurenergy The project will be developed by the company within HAL estate area of approx 30 acres. Indian solar power producer Azure Power has received a letter of intent for a 6 MW solar project won an auction conducted by Odisha Renewable Energy Development Agency (OREDA) for Hindustan Aeronautics Ltd (HAL). The capacity won is 100 […] Read more