SolarEdge Files Patent Infringement Lawsuit against Huawei, German Distributor Updated On Tue, Jun 19th, 2018 by Saurenergy The lawsuit was filed in the Regional Court of Mannheim in Germany which is one of the most pre-eminent German patent courts, asserts unauthorized use of patented technology, which is prohibited by law. Israel-based inverter solutions provider SolarEdge Technologies has filed a lawsuit for patent infringement against China-based Huawei Technologies Co Ltd, German entity Huawei […] Read more
Possibility of Making India the Storage Manufacturing Hub (LI-ion Battery) Updated On Sun, Jun 17th, 2018 by Saurenergy As the world is advancing in shifting from fossil based energy to renewable energy India too is aspiring for the same. To match the pace, India would however need a strong and sustainable energy storage industry. Right from the electric vehicles to grid applications and telecom sector to solar storage, some of the major energy […] Read more
President Kovind to Launch Solar Charkha Mission on 27 June Updated On Thu, Jun 14th, 2018 by Saurenergy The Solar Charkha mission has been approved by the government … As of now, the government has approved Rs 550 crore of subsidy for around 50 clusters. Every cluster will have between 400 to 2,000 artisans. Announcing the date for launch of the new solar scheme by President Ram Nath Kovind, Union Minister Giriraj Singh […] Read more
Bharat Forge Invests 90 Crore in EV company Tevva Motors Updated On Wed, Jun 13th, 2018 by Saurenergy The investment by Bharat Forge would mean the company has acquired a license for commercialization of the Tevva technology within India. It would also mean the company can strengthen the research and development (R&D) activities in the e-mobility space. In a major strategic development, an Indian multinational company, Bharat Forges invested around Rs 90 crore […] 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
Surat to be India’s First Smart City with Solar Power Updated On Tue, Jun 12th, 2018 by Saurenergy Under the Mission, the SMC with the investment of whooping Rs 2908 crore, are implementing the development works in the city. The consultative committee members of the Ministry of urban development are on a visit to the city of Surat where they visited multiple projects that are being implemented by Surat Municipal Corporation (SMC) under […] 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
SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project Updated On Fri, Jun 8th, 2018 by Saurenergy Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […] Read more
