Panasonic India Aiming to Expand EV Charging Offerings Updated On Mon, Jan 13th, 2020 by Saurenergy Panasonic India is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years and is also looking to expand its EV charging offerings Panasonic Corporation’s Indian subsidiary Panasonic Life Solutions India has announced that it is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years, with focus to become a leading […] Read more
Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
Viz-A-Viz with Shravan Sampath, Founder, Oakridge Energy Solutions Updated On Mon, Oct 22nd, 2018 by Saurenergy Q. As an EPC how do you see the growth journey of solar in past few years? Government of India has set an ambitious target of 40,000 MW of rooftop solar capacity to be achieved by 2022. While this is ambitious, it is not impossible to achieve either. The recent fall in the drop of […] Read more
Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd Updated On Sat, Sep 29th, 2018 by Saurenergy Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […] Read more
Amplus Energy Bids Lowest-Ever for MPUVNL’s RESCO Tender Updated On Thu, Aug 30th, 2018 by Saurenergy Amplus Energy offered tariffs in the range of Rs 1.69 per unit to Rs 2.71 per unit with a record low of Rs 1.69 per unit for the 5.2 MW aggregate capacity for the State Municipal Corporations. Amplus Energy Solutions has emerged as a front runner by winning 10.25 megawatts (MW) of solar rooftop plant […] Read more
Viz-A-Viz with Raghvendra Mirji, Associate Vice President & Head – Power Infrastructure & Renewable Energy, Godrej & Boyce Mfg. Co. Ltd. Updated On Mon, Aug 20th, 2018 by Saurenergy Q. Please tell our readers more about Godrej’s solar division, its products & services. Godrej & Boyce, a Godrej Group Company, operates across 14 diverse businesses. Founded in 1897, the company started with the manufacture of high quality locks. It has since diversified into Consumer Goods, Office and Industrial Products & Services, Infrastructure & Real […] Read more
Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
