Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
Tata Power Bags 2 Awards at ‘7th ACEF Asian Leadership Awards’ Updated On Tue, Oct 9th, 2018 by Saurenergy It has won the Gold and Silver for its work in the conservation of Mahseer fish under the ‘Best Sustainable Green Initiative’ and its campaign to end open defecation in Jamshedpur under the ‘Best Corporate Community Partnership’ sub-categories respectively. Country’s one of the leading integrated power utility Tata Power has won two awards at the ‘7th ACEF Asian Leadership Awards’ for its impactful work in the areas […] Read more
Greenko Completes Orange Renewable Acquisition; Agrees to Buy Skeiron Assets Updated On Tue, Oct 9th, 2018 by Saurenergy Moreover, it has also inked a definitive purchase pact to buy Skeiron Green Renewables. India’s one of the leading renewable energy companies, Greenko Energy Holdings (Greenko) has completed the assets acquisition of Orange Renewables. Moreover, it has also inked a definitive purchase pact to buy Skeiron Green Renewables. The combined deal of Orange and Skeiron […] Read more
Azure Prices its Public Offering of 1.48 Cr Equity Shares at $12.50 Per Share Updated On Sat, Oct 6th, 2018 by Saurenergy As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […] Read more
Bifacial photovoltaics – The Future has two sides Updated On Wed, Oct 3rd, 2018 by Saurenergy Solar modules are aligned to or even track the sun. The rear of standard solar modules only receives a small fraction of the energy captured by the front of the module. Nevertheless, the back surface can contribute 5% to 30% of the overall energy balance. The word “bifacial” keeps cropping up nowadays in the photovoltaics […] Read more
Azure Power Signs Record 415 MP Gov’t PPAs in a Single Day Updated On Wed, Oct 3rd, 2018 by Saurenergy Various Government colleges, engineering colleges, polytechnics, Industrial Training Institutes (ITIs) and universities gathered in Bhopal for the Azure Power signing ceremony. Leading independent solar power producer, Azure Power has signed a record 415 PPAs for a portion of 11.2 MW rooftop solar power project won last month for Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) in which […] Read more
Azure Power Gets LoI to Electrify HAL Updated On Fri, Sep 28th, 2018 by Saurenergy The project will be developed by the company within HAL estate area of approx 30 acres. Indian solar power producer Azure Power has received a letter of intent for a 6 MW solar project won an auction conducted by Odisha Renewable Energy Development Agency (OREDA) for Hindustan Aeronautics Ltd (HAL). The capacity won is 100 […] Read more
Tata Power, HPCL Ink Pact for Setting-up Commercial-Scale EV Charging Stations Updated On Thu, Sep 27th, 2018 by Saurenergy As per the deal, both the companies have agreed to collaborate in planning, development and operation of charging infrastructure for EVs (e-cars, e-rickshaws, e-bikes, e-buses, etc.), at suitable locations across India. Country’s one of the leading integrated power company Tata Power and Hindustan Petroleum Corporation (HPCL), a Navratna oil & gas PSU, has signed the […] Read more
Safeguarding & Uplifting Indian Sun – Industry Perspective Updated On Wed, Sep 26th, 2018 by Saurenergy As Indian Government has laid the ground work for safeguarding the ‘domestic solar photovoltaic module manufacturing industry’ – which seems to be in the back burner for some time. Despite of certain concerns such as safeguarding the interests of manufacturers in SEZs, everybody is waiting, by holding their breath, for the upcoming decision of the […] Read more
