PM Modi to Launch FAME India II on September 7 Updated On Wed, Aug 29th, 2018 by Saurenergy The 1st phase of FAME India scheme came into effect on 1st April 2015 in order to incentivize the mass adoption of electric/hybrid vehicles and to support hybrid/electric vehicles market development and manufacturing eco-system. Enhancing India’s approach towards the use of hybrid and electric vehicles, PM Narendra Modi will launch the 2nd phase of FAME […] Read more
Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020 Updated On Tue, Aug 28th, 2018 by Saurenergy In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […] Read more
Mytrah Energy Commissions Rooftop Solar Project in Maharashtra Updated On Mon, Aug 27th, 2018 by Saurenergy The institute runs up an annual electricity bill of close to Rs. 15 lakh based on the current tariff followed by Mytrah Energy solar power plant. Leading solar power provider, Mytrah Energy has commissioned the operation of a 103.5 kWh rooftop solar power plant for Suretech Hospital and Research Centre, a nursing training institute in Nagpur, Maharashtra. […] Read more
Sushma Swaraj Urges Indian Diaspora to Foray Country’s Solar Power Sector Updated On Mon, Aug 27th, 2018 by Saurenergy Sushma Swaraj aimed at investment opportunities in the solar power industry that are doing rounds on the back of Indian Government’s target of achieving 100 GW of solar power generation by 2022. Speaking at a panel discussion of ‘Pravasi Bhartiya Divas’, External Affairs Minister Sushma Swaraj urged the present dignitaries and the attendees from the […] Read more
Government Regulates Time for Solar Tenders Updated On Sat, Aug 25th, 2018 by Saurenergy The time regulation came in to give time gaps between the solar tenders rolled out by the government agencies in order to avoid chaos in the solar industry. Government has set schedules for the state agencies and official organizations to float solar tenders. The time regulation came in to give time gaps between the solar […] Read more
Cygni Energy Raises $6.4 mn to Back Expansion Updated On Thu, Aug 23rd, 2018 by Saurenergy Cygni Energy equity funding is led by Endiya Partners, a leading early-stage venture capital firm that invests in product startups, and the debt by IndusInd Bank, a leading Private Bank in India. Hyderabad based innovative Solar-DC solutions startup, Cygni Energy has raised a funding of USD 6.4 million through a combination of Equity and Debt. The equity funding […] Read more
Fotowatio to Withdraw from Solar Project in India Updated On Tue, Aug 21st, 2018 by Saurenergy Having the FRV’s solar project in Ananthapuramu Solar Park in Andhra Pradesh on sale, Edelweiss Infrastructure Yield Plus Fund and Actis LLP’s Sprng Energy have already indicated interest in acquisition. Arabian clean and renewable energy solutions provider, Fotowatio Renewable Ventures (FRV) has planned to withdraw its only ownership in the Indian solar space. Having the […] Read more
Greenko Group Unsure of Buying Orange Renewables Updated On Tue, Aug 21st, 2018 by Saurenergy The USD 1 billion deal between the two giants would have made Greenko Group country’s 2nd largest firm in renewable energy space following ReNew Power that has highest new energy capacity. Utility-scale clean and affordable energy provider, Greenko Group has been reluctant to buy wind and solar energy assets of Singapore based renewable energy developer, Orange […] Read more
Trina Solar Receives $30 mn Credit Facility from Vietnam Bank Updated On Mon, Aug 20th, 2018 by Saurenergy The financial aide to Trina Solar will be used to further put on fast track Company’s growth at manufacturing plant in Bac Giang Province of Vietnam. Chinese solar manufacturer, Trina Solar has bagged a funding of USD 30 million from Vietin Bank which would be used to further put on fast track Company’s growth at […] Read more
