Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore Updated On Fri, Sep 1st, 2017 by Saurenergy Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […] Read more
ABB India bags order to install solar inverters at 750 railway stations in the country Updated On Fri, Sep 1st, 2017 by Saurenergy The 750 stations are located in the busy northern Indian part of the Indian Railways network, one of the most used railway corridors in the world. ABB India has bagged order to install solar inverters at 750 railway stations in north India to reduce dependence on traditional sources of energy. The 750 stations are located […] Read more
ABB India hits 5 gigawatt mark for solar inverters Updated On Thu, Aug 31st, 2017 by Saurenergy Last year, ABB India doubled its solar inverter manufacturing capacity in India. The expansion follows earlier milestones achieved by ABB India in 2015 ABB India has announced that it has surpassed the 5 GW milestone for the supply of solar inverters in the country. From schools to airports, canal tops and mega solar plants, ABB’s […] Read more
How falling solar tariffs are shaping the solar future of India’s 100GW goal Updated On Wed, Aug 30th, 2017 by Saurenergy The technology chapter of solar energy is aerobicized, the growing efficiencies and advance solar cells is aggrandizing operation regardless of robust conditions. In the case of India, the valiant figures of solar integration are extolling and cementing new charts of growth. This unequivocally qualifies the international and national players to proliferate and also aggressively dive […] Read more
Schneider Electric launches ‘Be a Responsible Indian’ awareness campaign Updated On Tue, Aug 29th, 2017 by Saurenergy Schneider Electric aims to inspire all the citizens of India to reduce energy wastage by optimizing its usage in cities, so that electricity could be made available to areas that are still dark or have intermittent access to power, especially under-developed areas that are far from the grid. Schneider Electric has launched an awareness […] Read more
India imposes anti-dumping duty on tempered glass imported from China for five years Updated On Wed, Aug 23rd, 2017 by Saurenergy The ministry of finance has issued a notification imposing anti-dumping duty in the range of $52.85- 136.21 per tonne on tempered glass imports from China. India has imposed anti-dumping duty on tempered glass, used in solar PV and thermal products imported from China for five years to protect the domestic industry from below-cost imports. The […] Read more
India’s Overemphasis on renewable energy would affect thermal power projects: CEA Updated On Fri, Aug 18th, 2017 by Saurenergy “Rapid changes in technology are promising to help realize the promise of renewables. This is an eminently desirable development and one that India is attempting both to benefit from and accelerate. At the same time, these changes need to be seen in the context of India’s current economic situation and its enormous endowments of coal […] Read more
Cabinet apprised of the MoU between India and Spain on cooperation in renewable energy Updated On Thu, Aug 17th, 2017 by Saurenergy India and Spain aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity The Union Cabinet has been apprised of the Memorandum of Understanding (MoU) between India and Spain on cooperation in renewable […] Read more
Amplus Energy inks PPA deal with Honda Motorcycle and Scooter India for 30MW solar energy Updated On Fri, Aug 11th, 2017 by Saurenergy Honda Motorcycles will meet 85 per cent of plant’s energy needs through solar power supplied by Amplus Energy. Amplus Energy Solutions on Thursday announced that it has inked a Power Purchase Agreement (PPA) deal with Honda Motorcycle and Scooter India to provide 30MW solar energy. The solar power will be provided to Honda’s Narsapura Karnataka […] Read more
