Cygni Energy Raises $6.4 mn to Back Expansion Updated On Thu, Aug 23rd, 2018 by Saurenergy Cygni Energy equity funding is led by Endiya Partners, a leading early-stage venture capital firm that invests in product startups, and the debt by IndusInd Bank, a leading Private Bank in India. Hyderabad based innovative Solar-DC solutions startup, Cygni Energy has raised a funding of USD 6.4 million through a combination of Equity and Debt. The equity funding […] Read more
Guam Signs Agreement with Hanwha Energy for 60MW Clean Energy Updated On Thu, Aug 23rd, 2018 by Saurenergy GPA has planned to use renewable energy sources in order to curb the use of non-renewable sources like fossil fuels citing their rising costs. Guam Power Authority has signed a power purchase agreement with the South Korean renewable energy provider, Hanwha Energy for developing 60 MW renewable energy project. General Manager, GPA, John Benavente said, […] Read more
India to Overachieve 175 GW Renewable Energy Target: UBM MD at REI Pre-Expo Press Meet Updated On Wed, Aug 22nd, 2018 by Saurenergy Asia’s leading renewable energy Expo ‘REI Expo’ is expected to attract participation of around 45 countries and 750+ exhibitors in the field of renewable energy. Global B2B event organizer, UBM held a pre-expo press briefing underlining the know-how of the Renewable Energy India Expo (REI Expo)scheduled for September 18th-20th, 2018. Asia’s most leading renewable energy […] Read more
Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more
Mytrah Energy Wins 300MW Out of NTPC’s 1200MW Auction Updated On Wed, Aug 22nd, 2018 by Saurenergy Mytrah Energy quoted a tariff of Rs. 2.79 per unit under the reverse e-Auction and won the bid for a capacity of 300 MW in the first Inter-State Transmission System (ISTS) wind bids conducted by NTPC. Leading renewable power producer, Mytrah Energy has won NTPC tender of 300 MW wind power out of 1200 MW […] Read more
Greenko Group Unsure of Buying Orange Renewables Updated On Tue, Aug 21st, 2018 by Saurenergy The USD 1 billion deal between the two giants would have made Greenko Group country’s 2nd largest firm in renewable energy space following ReNew Power that has highest new energy capacity. Utility-scale clean and affordable energy provider, Greenko Group has been reluctant to buy wind and solar energy assets of Singapore based renewable energy developer, Orange […] Read more
B.Grimm Power Invests $35.2 Mn to Pick 80% Stake in Vietnam’s 257MW Solar Proj Updated On Tue, Aug 21st, 2018 by Saurenergy The announcement came just weeks after B.Grimm Power had signed an agreement with Vietnam’s Xuan Cau Group to build and operate a solar farm in Tay Ninh Province with total capacity of 420 MW, which will make it the largest solar power plant in Southeast Asia when it starts operating in mid-2019. Thailand-based B.Grimm Power, the largest unit of […] Read more
Radite Energy Successfully Commissions 265 KW Solar Project at Khalsa College, Amritsar Updated On Mon, Aug 20th, 2018 by Saurenergy Radite Energy has bagged the project from Amplus Solar and both the companies has completed this project parallel with the 1.39 MW of solar project at India Expo Centre in Noida, as confirmed by the company’s spokesperson. Adding another feather in the cap, Gurgaon based Radite Energy has successfully commissioned 265 KW solar project at […] Read more
Greek Island First in Mediterranean to use Renewable Energy Updated On Mon, Aug 20th, 2018 by Saurenergy The Greek Island is said to have a winter population of 400 and that of summer is around 3,000 which relies greatly on the uncertain electricity supplies. Tilos, a Greek island between Rhodes and Kos, has launched its first ever solar and wind power plant in order to reduce reliance on non-renewable energy sources. The […] Read more
