CLP India, Suzlon Join Hands for 2 Solar Projects in Maharashtra Updated On Tue, Sep 11th, 2018 by Saurenergy As per the deal, CLP India has agreed to acquire 49 percent stake in Gale Solarfarms and Tornado Solarfarms, two special purpose vehicles (SPV) set-up by Suzlon. Foreign investor CLP India and renewable energy solutions provider Suzlon has inked a joint venture pact for two solar projects of 50 MW and 20 MW in Dhule, […] Read more
Fotowatio to Withdraw from Solar Project in India Updated On Tue, Aug 21st, 2018 by Saurenergy Having the FRV’s solar project in Ananthapuramu Solar Park in Andhra Pradesh on sale, Edelweiss Infrastructure Yield Plus Fund and Actis LLP’s Sprng Energy have already indicated interest in acquisition. Arabian clean and renewable energy solutions provider, Fotowatio Renewable Ventures (FRV) has planned to withdraw its only ownership in the Indian solar space. Having the […] Read more
Magenta Power Announces India’s First EV Charging Corridor ‘ChargeIn’ Updated On Tue, Aug 14th, 2018 by Saurenergy This network of EV charging stations of Magenta Power will initially be deployed at Hotel Center Point, Mumbai-Pune Expressway, Lonavala. Renewable energy solutions provider Magenta Power has announced India’s first EV charging Corridor- ChargeIn at Mumbai-Pune Expressway. This network of EV charging stations of Magenta Power will initially be deployed at Hotel Center Point, Mumbai-Pune Expressway, […] Read more
Magenta Power Launches ‘Grow Green’ Initiative for Sapling Plantation Updated On Fri, Jul 20th, 2018 by Saurenergy Through this program, Magenta Power aims to create greater awareness among people towards use of clean energy in urban areas, reiterating brand’s commitment to early adoption of green solutions. Renewable energy solutions provider Magenta Power has launched its ‘Grow Green’ initiative at pan India level for the sapling plantation. As a part of the initiative, for every […] Read more
Magenta Power Sets-up India’s 1st Solar Powered EV Charging Station; Mulls to Expand by Year End Updated On Wed, Jun 13th, 2018 by Saurenergy The company also has aggressive plans in EV space and aims to set up 100 charging stations at various locations in Mumbai. It is also in discussions with various stakeholders to this end. One of the leading service providers of renewable energy solutions, Magenta Power in association with Exicom installs country’s first solar charging station […] Read more
Trina Solar Completes Acquisition of Spanish Tracker Firm Nclave Updated On Mon, May 21st, 2018 by Saurenergy This is the first time that any Chinese solar firm has acquired a solar tracker producer outside of its home market. Chinese solar giant Trina Solar has successfully closed the acquisition transaction of the Spanish solar tracker system maker Nclave Renewable S.L. The transaction will strategically transform Trina Solar from a leading PV product supplier to a […] Read more
Microsoft Inks Landmark Solar Proj Deal with Sunseap for S’pore Updated On Mon, Mar 5th, 2018 by Saurenergy The IT giant will buy 100 per cent of the renewable energy attributes to the grid. This landmark agreement also marks progress for Singapore in the renewables sector. Microsoft Corp., the IT giant, has inked a 20-year pact with Sunseap Group that marks Microsoft’s first clean energy deal in Asia. It will also create the […] Read more
Ayala Acquires Majority Stake in US Solar Tech Firm Updated On Tue, Feb 27th, 2018 by Saurenergy Merlin is highly complementary to various Ayala businesses, such as the renewable energy generation under AC Energy, says Jaime Augusto. Conglomerate Ayala Corporation has expanded its footprint in the solar energy by acquiring controlling stake in the Silicon Valley-based Merlin Solar Technologies Inc. In a disclosure to the Philippine Stock Exchange, Ayala said, the transaction […] Read more
Suzlon Group Likely to Set up Power Plant in Telangana: Government Updated On Sat, Jan 27th, 2018 by Saurenergy Suzlon Group in January 2016 announced its foray into the solar sector by winning 210 MW solar power projects in Telangana. In a significant development, renewable energy giant Suzlon Group has expressed interest in setting up a power plant, the Telangana government said in a release. K T Rama Rao who is State IT and […] Read more
