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
REC Group Makes Comeback in India with RESCO’s 45MW Solar Order Updated On Thu, Aug 23rd, 2018 by Saurenergy Order winner, REC Group has planned to showcase its breakthrough technologies in the upcoming Renewable Energy India Expo (REI Expo). European solar photovoltaic (PV) panel provider in India, REC Group has clocked major orders in the rooftop RESCO segment in the month of June and July. The total orders combined for the three-leading solar EPC […] Read more
Toyota Plant, India Gets 68% Power from Renewable Energy Updated On Thu, Aug 23rd, 2018 by Saurenergy Out of Toyota plant’s total need of 83 million units around 56 million units are obtained from solar and wind energy either from within the plant or from external sources. Japan’s Toyota Motors has declared its plant in Bidadi as its greenest plant in the world, fetching a big chunk of its power requirement from […] 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
Tesla’s Gigafactory 1 to Run Totally on Solar Energy Updated On Tue, Aug 21st, 2018 by Saurenergy Installation at Tesla is expected to be world’s largest rooftop solar system with a generation capacity of 70 MW which would outpace any other solar energy system. Electric Car Company, Tesla is heard to have started expanding its rooftop solar array system for its Nevada based Gigafactory 1 in a bid to power the entire […] 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
JA Solar Supplies Modules for MENA’s Largest Single-Rooftop Solar Project Updated On Tue, Aug 21st, 2018 by Saurenergy To date, this plant, which uses JA Solar’s modules, represents the largest single-rooftop solar project in the Middle East and North Africa (MENA) region. Shanghai-based high-performance solar power products maker JA Solar Holdings has supplied 3.2 MW of mono PERC modules for Aramex’s solar plant in Dubai, United Arab Emirates (UAE). To date, this plant, which uses JA […] 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
Trina Solar Receives $30 mn Credit Facility from Vietnam Bank Updated On Mon, Aug 20th, 2018 by Saurenergy The financial aide to Trina Solar will be used to further put on fast track Company’s growth at manufacturing plant in Bac Giang Province of Vietnam. Chinese solar manufacturer, Trina Solar has bagged a funding of USD 30 million from Vietin Bank which would be used to further put on fast track Company’s growth at […] Read more
