National Energy Partners Secures $15 Million in Financing from Forum Equity Partners Updated On Thu, Nov 17th, 2016 by Saurenergy National Energy Partners (“NEP”) and Forum Equity Partners (“Forum”) announced that they had signed an agreement in which Forum will provide up to $15 million in growth financing for NEP, a leading developer of distributed Photovoltaic Solar Generation Systems for commercial and municipal customers. Under the agreement, Forum will provide development capital and construction equity […] Read more
Tata Power designates three independent directors Updated On Wed, Oct 19th, 2016 by Saurenergy Tata Power has appointed three independent directors – Anjali Bansal, Vibha Padalkar and Sanjay Bhandarkar – on the its board with effect from October 14, 2016. The appointments are in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tata Power said in a statement today. While Bansal is a […] Read more
Azure Power Announces Pricing of its IPO Updated On Thu, Oct 13th, 2016 by Saurenergy Last month Azure Power announced the launch of its initial public offering (IPO) of 6,818,182 equity shares. Now the company has announced the pricing of its initial public offering of 3,409,091 equity shares, including 2,242,424 equity shares to be sold by Azure Power and 1,166,667 shares to be sold by certain selling shareholders, at a […] Read more
Reliance Power plans to set up a 400 MW solar plant as part of its capacity expansion programme Updated On Fri, Sep 30th, 2016 by Saurenergy Reliance Power plans to double capacity of its Rosa and Butibori thermal power plants and will set up a 400 MW solar plant in the coming years, the company’s Chairman Anil Ambani said today. Addressing RPower’s 22nd Annual General Meeting, he said it will double the capacity of its Rosa and Butibori power plants to […] Read more
If the solar tariff increases then the demand of solar will go down which will impact the further capacity roll-out: Hindustan Power Updated On Fri, Sep 23rd, 2016 by Saurenergy The Clean energy arm of Hindustan Power is one of the leading India’s player in solar power generation. It has developed solar farms across the country and internationally. Hindustan Power played major role in changing the scenario of solar power in India. India’s first solar power plant of 5 MW capacity and the then Asia’s […] Read more
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
8minutenergy to build 4GW solar photovoltaic project in India Updated On Sat, Jun 11th, 2016 by Saurenergy Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […] Read more
Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
What is International Solar Alliance (ISA) – Things You Should Know! Updated On Mon, Feb 1st, 2016 by Saurenergy When the whole world is undergoing an energy crisis moment – The world leaders and political heads have come together to mark the most abundant form of energy ‘solar’ and technologically empower to feed the sphere with ‘Green Energy.’ The International Solar Alliance (ISA) is one of its kind historic pact among solar resource wealthy […] Read more
