Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
4.5 mn People in Africa to Benefit With Off-Grid Power by 2025 Updated On Mon, Jul 15th, 2019 by Saurenergy AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […] Read more
Financial Close for 588 MW Offshore Wind Farm off Scotland Updated On Mon, Jul 15th, 2019 by Saurenergy The Beatrice offshore wind farm off the coast of Scotland has achieved a successful financial close on a refinancing of its senior debt facilities. The Beatrice offshore wind farm off the coast of Scotland has achieved a successful financial close on a refinancing of its senior debt facilities, Beatrice Offshore Windfarm Ltd (BOWL) has announced. […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms Updated On Wed, Jul 10th, 2019 by Saurenergy SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […] Read more
Growatt Launches New Single-Phase Inverter for Indian Market Updated On Tue, Jul 9th, 2019 by Saurenergy Growatt recently held a conference in Telangana, with a number of installers, EPCs in the audience to launch its latest inverter for the Indian market. Growatt and 3S Solutions recently held a conference in Telangana, with a number of installers, EPCs and system integrators from across the region in the audience to launch its latest […] Read more
Senvion Completes Installation of 546 MW in First Half of 2019 Updated On Mon, Jul 8th, 2019 by Saurenergy Senvion has successfully completed the installation of 546 MW in the first six months of 2019 and achieved 89% year on year growth compared to 2018. Senvion, a leading global manufacturer of onshore and offshore wind turbines has announced that it has successfully completed the installation of 546 MW in the first six months of […] Read more
Shell Installs UK’s First 150kW EV Charger Updated On Mon, Jul 8th, 2019 by Saurenergy Shell is claiming to have the UK’s first 150kW EV charger on a forecourt, available for use at Shell’s Battersea Service Station in London. Royal Dutch Shell is claiming to have the UK’s first 150kW electric vehicle (EV) charger on a forecourt. The new charger is a part of Shell Recharge, Shell’s on-forecourt Electric Vehicle […] Read more
Union Budget 2019: A Mixed Bag for the Solar Industry Updated On Sat, Jul 6th, 2019 by Saurenergy As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […] Read more
