CEA Marks Peak Power Deficit for April-July at 0.9% Updated On Mon, Aug 20th, 2018 by Saurenergy The report for peak power deficit has been projecting against the CEA’s forecast that said India would be a power surplus country by 2018-19 with energy and peak power surplus at 4.6 and 2.5 percent respectively. Central Electricity Authority (CEA) has asserted country’s peak power deficit at 0.9 percent and overall electricity deficit at 0.6 […] Read more
Viz-A-Viz with Pushpendra Singh, Managing Director, LEONI Cable Solutions (India) Pvt Ltd Updated On Mon, Aug 13th, 2018 by Saurenergy Q. Your operations are in 31 countries across the globe, what prompted you to start your manufacturing operations in India? LEONI has been present in India for some time now. The Indian Manufacturing for Industrial Products started in 2013, with Refinery Projects like Reliance being a loyal customer. Since 2014-15 onwards India has been one […] Read more
Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio Updated On Sat, Aug 4th, 2018 by Saurenergy The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
A Path breaking Journey in Renewable Energy through last 4 years Updated On Tue, Jun 5th, 2018 by Saurenergy Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […] Read more
Greenko Agrees to Buy Orange Renewables for $1 Billion Updated On Mon, Jun 4th, 2018 by Saurenergy The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […] Read more
Enphase Energy Hires Ramesh SubbaRao as GM Commercial Operations India Updated On Wed, May 30th, 2018 by Saurenergy He will oversee the company’s commercial operations in the India region, with a focus on the country’s dominant commercial and industrial (C&I) segment. Solar microinverters provider Enphase Energy has appointed Ramesh SubbaRao as Vice President and General Manager, India Commercial Operations. He will oversee the company’s commercial operations in the India region, with a focus […] Read more
India to Have Second Largest Power Capacity in Asia This Year Updated On Tue, May 29th, 2018 by Saurenergy A consultancy firm based out of London, BMI research has predicted that India will soon overtake Japan in terms of power capacity. The report further added that by the year 2020 there are chances that India has potential to overtake US in terms of energy production. India is home to states like Tamil Nadu that […] Read more