TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
CMX Renewable Energy to build 150 MW solar farm in Vietnam’s Ninh Thuan province Updated On Tue, May 3rd, 2016 by Saurenergy Canada based CMX Renewable Energy Inc. has sought for license to build a 150-megawatt solar farm in Vietnam’s Ninh Thuan province at an estimated cost of US$150 million. The report comes at a time when the Vietnamese government is encouraging larger PV market within the country. The company has announced that full facility would take […] Read more
Sunverge Energy inverters meet HECO’s new solar technology standards Updated On Wed, Apr 27th, 2016 by Saurenergy Sunverge Energy has announced that its Solar Integration System (SIS) equipped with Schneider XW6848 and XW5548 inverters meets Hawaii Electric Companies’ (HECO) strict technical specifications for solar installations. The Sunverge SIS units will help electric customers in Hawaii rapidly attain reliable power from their renewable generation and storage systems while earning maximum savings under HECO’s […] Read more
Energy Efficiency Services limited gearing up to set up its 21st overseas office in New York Updated On Fri, Apr 22nd, 2016 by Saurenergy Capitalizing on the tag line, ‘I led the way’, the government owned company, Energy Efficiency Services limited (EESL) is gearing up to set up its 21st overseas office in New York in the near future. Union Minister of State for Power, Coal and New and Renewable Energy, Piyush Goyal speaking at the Renewable Energy Investors Roundtable […] Read more
Risen Energy announces primary order placements of 175MWp Solar PV Modules by India’s Mytrah Updated On Thu, Apr 21st, 2016 by Saurenergy Chinese solar module producer Risen Energy has announced the primary order placements of 175MWp Solar PV Modules by India’s Mytrah Energy for dispatch during 2016. Mytrah’s recently received approval of a USD 175 million direct loan facility from Asia Development Bank (ADB) to assist its growth plans within India, which include the option of purchasing […] Read more
Quercus and Swiss Life Asset Managers acquires Antin Solar Investments and its Solar Photovoltaic Asset Portfolio Updated On Tue, Apr 19th, 2016 by Saurenergy Quercus Assets Selection and Swiss Life Asset Managers have announced the successful completion of deal to acquire Antin Solar Investments (ASI) and its 77.1 MW Solar Photovoltaic Asset Portfolio in 50:50 joint ventures. ASI now operates as Azienda Solare Italiana Spa. Last year on December 18, the joint venture called Quercus Swiss Life Italian Solar […] Read more
UBM India announces 11th edition of Solar Energy Investment and Technology Forum Updated On Tue, Apr 19th, 2016 by Saurenergy UBM India has announced its 11th edition of Solar Energy Investment and Technology Forum. The event scheduled on 22nd April 2016 at Hotel Marriot, Jaipur aims to provide an industry platform to associations and industry leaders, building owners, consultants, manufacturers, contractors, Governments and high-level decision makers, academia, green power providers, project and technology developers, large […] 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
Need to find ways for solar energy to become norm rather than exception: Piyush Goyal Updated On Mon, Mar 21st, 2016 by Saurenergy Union Minister of State (IC) for Power, Coal New and Renewable Energy Piyush Goyal at the launch of a report titled, “Scaling up Private Investment in Rooftop Solar” said that there is a need to find ways for solar energy to become norm rather than exception. Goyal said that people can benefit from generating rooftop […] Read more
