Azure Power announces the launch of its initial public offering Updated On Fri, Sep 23rd, 2016 by Saurenergy Azure Power Global Limited (“Azure Power”) has announced the launch of its initial public offering of 6,818,182 equity shares. 5,863,637 equity shares will be sold by Azure Power, while 954,545 shares will be sold by certain selling shareholders says the official statement. The company expected to grant the underwriters a 30-day option to purchase up […] Read more
Hartek Power eyes for substation orders of 500 MW solar in South India Updated On Fri, Sep 23rd, 2016 by Saurenergy Hartek Power, one of the top solar solution providers is expecting orders of setting 500 MW of substations in states like Andhra Pradesh, Telangana and Karnataka in the next fiscal. Company’s Chairman and Managing Director Hartek Singh said, “Considering the growing opportunities in the South, we are going all out to consolidate our operations in […] Read more
DISCOMs Flouting Solar’s ‘Must Run’ Status: Mercom Capital Updated On Thu, Sep 22nd, 2016 by Saurenergy Mercom Capital Group in its latest report “India Solar Quarterly Market Update,” has revealed that power deficit numbers in India do not paint the full picture. The report states that even if Central Electricity Authority’s (CEA) reports touts low power deficit and surplus situation, large populations in India are still living without electricity and power cuts […] Read more
Schneider Electric names Peter Herweck as Executive Vice President and Member of the Executive Committee Updated On Thu, Sep 22nd, 2016 by Saurenergy Schneider Electric is appointing Peter Herweck as Executive Vice President of the Industry Business and Member of the Executive Committee. Peter, 50- began his career at Mitsubishi Electric as a software development engineer in Japan before joining Siemens in 1993, where he held a variety of positions in the automation and drives field in Germany […] Read more
Adani Group inaugurates world’s largest 648 MW solar power plant Updated On Thu, Sep 22nd, 2016 by Saurenergy The 648 MW solar power plant from Adani Group, which is also said to be the world’s largest solar plant at a single location has been inaugurated at Sengapadai in Kamudhi taluk in Ramanathapuram district. Adani Green Energy, part of the Adani Group, today said it has connected the 648-mw solar power plant with Kamuthi […] Read more
NREDCAP sets incentives to encourage installation of more solar power panels in the state Updated On Wed, Sep 21st, 2016 by Saurenergy The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has set on the task of mobilising user agencies in domestic, commercial, industrial and government buildings for installation of solar power panels. Chief Minister OF Andhra Pradesh, Mr. N. Chandrababu Naidu is keen that the government offices take the lead in tapping the solar […] Read more
SMASHsolar announces the launch of World’s First Direct Attach Solar Modules Updated On Wed, Sep 21st, 2016 by Saurenergy Residential photovoltaic module innovator, SMASHsolar has announced the US launch of SMASHmount, the world’s first direct attach solar module. The mounting-integrated modules snap together and attach directly to a residential composition shingle roof in less than half the time of traditional mounting systems. SMASH’s snap-together dual-glass module mounting is setting a new industry standard for […] Read more
Interview With Deepak Jain Vice President Business Development Goldi Green Updated On Wed, Sep 21st, 2016 by Saurenergy Goldi Green has state-of-the-art, robotic, clean & dust free PV module manufacturing facility with an installed capacity of 125MW per annum. In line with its commitment to produce quality modules with highest efficiency, the company have strategic tie-up with globally acclaimed companies like Nisshinbo, Japan and Team-technik, Germany for technology and knowhow. In an exclusive […] Read more
Aquion Energy, Azimuth Energy and Schneider Electric commission AC/DC nanogrid with solar-plus-storage Updated On Tue, Sep 20th, 2016 by Saurenergy Aquion Energy, Azimuth Energy, and Schneider Electric have together completed an AC/DC nanogrid using solar-plus-storage technology at the Illinois Institute of Technology’s (IIT) Keating Sports Center in the US. Solar EPC firm Azimuth Energy designed and installed the nanogrid. The system also uses Aspen batteries from Aqueous Hybrid-Ion batteries from Aquion Energy, and power control […] Read more
