ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO Updated On Wed, Jul 19th, 2017 by Saurenergy ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […] Read more
International Finance Corporation Plans $6 Billion Investment in India Updated On Wed, Jul 19th, 2017 by Saurenergy International Finance Corporation (IFC) has invested over $2 billion in green buildings initiatives in India since 2005, and is planning to put up to $6 billion in India over the next five years to support the initiative. International Finance Corporation (IFC), a World Bank Group member has planned to invest up to $6 billion in […] Read more
Delhiites Wants to Set up Rooftop Solar Panel: Greenpeace Updated On Wed, Jul 19th, 2017 by Saurenergy During the campaign, a unique solar house on wheels (Bus), named “Solar Comet”, toured the length and breadth of the city, interacting with Delhiites (mostly resident welfare associations) and demonstrated how solar panels can run an entire household. According to a month-long campaign to create awareness by Greenpeace India, over 1000 Delhi residents have shown […] Read more
Siemens and AES Join Forces to Create Fluence, a New Global Energy Storage Technology Company Updated On Tue, Jul 18th, 2017 by Saurenergy Combining the proven AES Advancion and Siemens Siestorage energy storage platforms with expanded services, Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. Siemens and the AES Corporation has announced their agreement to form a new global energy storage technology and services company under the […] Read more
Nagpur High Court Building to Run on Solar Power Soon Updated On Tue, Jul 18th, 2017 by Saurenergy The solar panels will be installed on the roof of the historic edifice, popularly referred as ‘Poem in stone’ due to its unique structure at the Nagpur’s High Court compound. In a first of its kind move in the country, the Nagpur bench of Bombay high court, responding to the growing calls of reducing pollution […] Read more
Tata Power Solar Leads in EPC Rooftop Business for Four Years in a Row Updated On Mon, Jul 17th, 2017 by Saurenergy Tata Power Solar installed nearly 140 MW of solar rooftop projects and 605 MW of utility scale projects within the year. Tata Power Solar, India’s largest integrated solar player,has been ranked #1 EPC rooftop solar player in the recently published India Solar Rooftop report 2017by BRIDGE TO INDIA, a leading cleantech consulting and knowledge services […] Read more
Goa Energy Development Agency Invites Public Suggestions on Draft Solar Power Policy Updated On Mon, Jul 17th, 2017 by Saurenergy Suggestions on Draft Solar Power Policy will be compiled by GEDA and submitted to the government, which will then consider incorporating them after taking into consideration the financial implications for each. The Goa Energy Development Agency (GEDA) has received around 10 suggestions on the draft solar policy during the 10 days to receive public comments. […] Read more
TNERC Award Blow to Adani Green Energy over Backdowns Updated On Mon, Jul 17th, 2017 by Saurenergy TNERC has directed Adani Green Energy to resubmit the petition as a ‘Dispute Resolution Petition’ (DRP) rather than under the ‘Miscellaneous’ category. The latest award of the Tamil Nadu Electricity Regulatory Commission (TNERC) is a setback for Adani Green Energy in its running battle with Tamil Nadu’s distribution and transmission companies over the problem of […] Read more
Trump Urged to Reconsider Withdrawal of Paris Climate Agreement Updated On Sat, Jul 15th, 2017 by Saurenergy More than 900 US businesses support keeping the US in the Paris Climate Agreement, including 20 Fortune 500 companies. The ten Senators who represented the United States at the 21st Conference of Parties in 2015, have urged President Donald Trump to reconsider and reverse his decision to withdraw from the historic Paris accord on climate […] Read more
