Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
Industry Bullish on Renewable Sector but Issues Linger Updated On Fri, Dec 21st, 2018 by Saurenergy High tariff and the expensive infrastructure mire the sheen of the sector, issues which the industry wants to be resolved in the forthcoming year. The recently held COP24 renewed the focus of world government’s on the increasing need of solar energy and India government and the industry also agrees with the fact. However, high tariff […] Read more
Shell and EDF Renewables Form JV to Develop Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […] Read more
Washington D.C. Sets Aggressive Renewable Energy Targets Updated On Wed, Dec 19th, 2018 by Saurenergy The bill known as Clean Energy DC Omnibus Amendment Act of 2018 sets the target of meeting the energy needs of D.C. with 100% renewable energy by the year 2032. The City Council of Washington D.C. has unanimously voted to make D.C. 100% renewable energy dependent by the year 2032. The bill known as Clean […] Read more
Shell Acquires 49% Stake in Cleantech Solar Updated On Wed, Dec 19th, 2018 by Saurenergy This investment will be Shell’s second major solar investment this year, giving Shell an immediate path to an established commercial and industrial platform in Southeast Asia. Cleantech Solar, a leading developer of commercial solar energy systems in Southeast Asia and India has announced that Shell has signed an agreement to acquire a 49% stake in […] Read more
Wintery Breath Clouding The Sunny Solar Sky! Updated On Wed, Dec 19th, 2018 by Saurenergy Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […] Read more
d.light Raises $41 million from Consortium Updated On Tue, Dec 18th, 2018 by Saurenergy The equity financing was raised by d.light from a Consortium led by Inspired Evolution, an Africa-focused investment advisory firm. d.light, a distributed solar provider has announced that it has secured a funding of $41 million to finance its solar and appliances business. The equity financing was raised from a Consortium led by Inspired Evolution, an […] Read more
WBGEDCL Invites Tender for Solar Rooftop Projects in West Bengal Updated On Tue, Dec 18th, 2018 by Saurenergy WBGEDCL has specified in the tender that 60 of these solar rooftop systems each of 10 KWp capacity are to be installed. West Bengal Green Energy Development Corporation (WBGEDCL) has issued tender for Rooftop Grid Connected Solar PV Power Plants to be installed in Jhargram and Purulia District of West Bengal. The last date for […] Read more
DNV GL Launches On-Site PV Modules Testing Lab in India Updated On Sat, Dec 15th, 2018 by Saurenergy It will also provide cost effective post-delivery-pre-installation and post-installation quality assurance of Photovoltaics (PV) modules. DNV GL, the world’s largest independent energy advisory and certification body, has launched its first On-site Solar Lab, for on-site testing of PV modules in India. The new service will allow asset owners to save time, reduce cost and minimize […] Read more
