Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Unirac, PVComplete partners to integrate PV design software Updated On Sat, Jun 17th, 2017 by Saurenergy PVComplete has integrated U-Builder’s engineering and quoting functions into PVCAD to streamline the design, engineering and generation of a bill of materials for Unirac mounting solutions. Unirac, Inc. and PVComplete have partnered to integrate Unirac’s online design tool into PVComplete’s PVCAD software to help designers quote solar projects faster. “We’re always working to develop tools […] Read more
Emirates National Oil Company opens UAE’s first solar-powered gas station opens in Dubai Updated On Thu, Apr 27th, 2017 by Saurenergy The service station on the city’s main Sheikh Zayed Road thoroughfare is covered with solar panels that can generate up to 120 kilowatt hours. A government oil company in the United Arab Emirates says it has opened the country’s first solar-powered gas station in Dubai. The Dubai-owned Emirates National Oil Company said on Wednesday the […] Read more
Unirac launches 25 years product warranty for Solarmount, Sunframe Microrail (SFM), Roofmount and Large Array (ULA) product lines Updated On Wed, Mar 22nd, 2017 by Saurenergy Unirac’s new 25-year warranty for Solarmount, Sunframe Microrail (SFM), Roofmount and Large Array (ULA) product lines now matches or exceeds many module manufactures’ warranties, allowing Unirac to become part of a systems’ standard warranty package Unirac, Inc. launched new twenty-five (25) years product warranty for Solarmount, Sunframe Microrail (SFM), Roofmount and Unirac Large Array (ULA) […] Read more
Amplus plans to Acquire Solar Power Firm Kiran Energy Updated On Wed, Jan 18th, 2017 by Saurenergy Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […] Read more
ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
Interview with Varun Jairath Director Investments, Rays Power Infra p Ltd Updated On Mon, Sep 19th, 2016 by Saurenergy Rays Power Infra Pvt Ltd is an ISO 9001 & ISO 14001 certified company, one of the leading solar power producers of India, and a pioneer in development of green technology solutions that are environmental friendly, energy efficient & cost effective. Our solutions are capable of delivering quick returns on investments, which has helped us […] Read more
The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra. Updated On Wed, Aug 31st, 2016 by Saurenergy RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […] Read more
