NCLT Allows Demerger of Emami’s Power and Cement Business Updated On Thu, Dec 27th, 2018 by Saurenergy In the petition filed with NCLT, Emami pegged that the demerger will bring strength to each business with a focused and individual attention. National Company Law Tribunal’s Kolkata bench has recently approved the demerger of Emami’s solar power business, Emami Power, from its cement business, Emami Cement Limited. A petition was filed by the Indian […] Read more
3,217 Million US$ received as FDI in Renewable Energy Sector Updated On Thu, Dec 27th, 2018 by Saurenergy Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […] Read more
BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
Sterlite Power Bags $600 Mn Transmission Project in Brazil Updated On Mon, Dec 24th, 2018 by Saurenergy The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will […] Read more
India’s Energy Needs to Triple by 2040: World Bank Updated On Mon, Dec 24th, 2018 by Saurenergy In fiscal 2018, when total installed capacity was more than twice the amount of peak demand, peak demand shortage still registered 2.1% in India,World Bank said. Energy demand in India will grow 30% between 2018 and 2040, a new report by the World Bank titled Dark: How Much Do Power Sector Distortions Cost South Asia […] Read more
Viz-A-Viz with Ramnath Vaidyanath, CEO, WiSH Energy Updated On Sat, Dec 22nd, 2018 by Saurenergy Q. To begin with, please tell our readers more about WiSH Energy and its contribution towards clean energy in India. WiSH (Wind-Solar Hybrid) Energy was created for the sole objective of bridging the energy gap and making renewable energy accessible and affordable for all. Through constant innovation, research and human interaction, we are paving the […] Read more
Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
Interview with Neil Yu, Product Manager, Marketing Department, Growatt. Updated On Fri, Dec 21st, 2018 by Saurenergy Growatt is a professional manufacturer on the market of high capacity PV-solar inverters. In an exclusive interview with Saur Energy International during the 10th anniversary of Intersolar India 2018 at Bangalore, Neil Yu, Product Manager, Marketing Department, Growatt shared his views on various topics including company’s presence in the Indian market, its products offering, its […] Read more
Industry Bullish on Renewable Sector but Issues Linger Updated On Fri, Dec 21st, 2018 by Saurenergy High tariff and the expensive infrastructure mire the sheen of the sector, issues which the industry wants to be resolved in the forthcoming year. The recently held COP24 renewed the focus of world government’s on the increasing need of solar energy and India government and the industry also agrees with the fact. However, high tariff […] Read more
