ReNew Power Raises Rs 2,235 Crore From NCD Updated On Wed, Jan 10th, 2018 by Saurenergy The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […] Read more
MYSUN Founder and CEO Wins 11th Edition of ENERTIA Award Updated On Wed, Jan 10th, 2018 by Saurenergy MYSUN’s Gagan Vermani was felicitated at the 11th edition of the Prakashmay ENERTIA Awards, 2017, which was held at the SCOPE Convention Centre. MYSUN Founder and CEO, Gagan Vermani has received the prestigious ‘Power and Energy Persona of the Decade – Innovative work in Decentralised & Distributed Solar’ ENERTIA Award. The award, which recognizes excellence in sustainable […] Read more
Azure Power Wins 200 MW in SECI Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Azure Power will sign a power purchase agreement with SECI to supply power at a tariff of INR 2.48 per kWh for 25 years Azure Power one of India’s leading independent solar power producers, announced it has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India […] Read more
ReneSola Connects 90MW of Distributed Generation Projects in China Updated On Wed, Jan 3rd, 2018 by Saurenergy ReneSola’s rooftop project business in China continues to gain traction, and remains optimistic about the opportunities ahead. ReneSola Ltd, a leading solar project developer and operator has announced that it connected over 90MW of rooftop projects in China in the second half of 2017. It intends to hold over 70MW of these projects and provided […] Read more
Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited Updated On Thu, Dec 21st, 2017 by Saurenergy Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […] Read more
Fronius India Aims to Double Turnover in Two Years Updated On Tue, Dec 19th, 2017 by Saurenergy Fronius India plans to expand their solar inverter business by entering east and central India, where they see tremendous opportunities for growth. Fronius India, one of India’s leading supplier of solar PV string inverters, is aiming to double its turnover by fiscal 2019. Commenting on aiming to achieve a considerable increase in market share, […] 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
Petitioners Attended the Anti-Dumping Petition Hearing by DGAD Updated On Wed, Dec 13th, 2017 by Saurenergy An anti-dumping duty may be described as a protectionist tariff imposed by the domestic government. All the petitioners of the anti-dumping duty matter on solar cells and modules were present at the hearing by the Directorate General of Anti- Dumping and Allied Duties (DGAD) on December 12, 2017. The Indian Solar Manufacturers Association (ISMA) as […] Read more
Prabhuraj Ambli Appointed as ED and Exclusive Business Partner for the Karnataka Region by Ultimate Sun Updated On Tue, Dec 12th, 2017 by Saurenergy He was also appointed as an advisor for the Cotton Advisory Board (CAB) for the Ministry of Textiles, Government of India, in 2010. Prabhuraj Ambli was recently appointed as Executive Director and exclusive business partner for the Karnataka region by Ultimate Sun Systems, renewable energy solutions pioneer and ISO 9001:2008 certified MNRE Channel Partner company. Having vast […] Read more