Sterlite Power Completes Merger of Subsidiary; Announces Annual Results Updated On Wed, Jan 13th, 2021 by Saurenergy Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […] Read more
BYD Wins the Largest Pure-Electric Bus Order outside of China Updated On Tue, Jan 12th, 2021 by Saurenergy Electronics, automobiles, new energy, and rail transit hi-tech company, BYD has announced that it has won cumulative orders to supply 1,002-unit pure-electric buses (E-buses) to the capital of Colombia, Bogotá. This is the largest order for pure-electric buses outside of China the firm has received to date, which sets a new record in sales volume […] Read more
cKers Finance Ties Up with OTO Capital, Promoting E2Ws in India Updated On Tue, Jan 12th, 2021 by Saurenergy cKers Finance, a ‘sustainable energy finance firm” yesterday announced its debt financing tie-up with OTO Capital, a finance startup for two-wheelers, for its electric two-wheelers (E2Ws) leasing program in India. cKers has set-up an initial line of INR 30 million for OTO. OTO will use this facility to purchase E2Ws in India, which will then be […] Read more
4th Deadline Extension for SECI’s EOI for RE Solutions in Himalayas Updated On Tue, Jan 12th, 2021 by Saurenergy SECI extends the EOI deadline for its call for RE solutions for meeting energy requirements in remote areas of the Himalayas for the 4th time. The Solar Energy Corporation of India (SECI) has issued a notification, extending the deadline for submission of Expression of Interest (EOI) for its call for renewable energy (RE) based solutions/ system/ […] Read more
IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr Updated On Mon, Jan 11th, 2021 by Saurenergy RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid […] Read more
Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid Updated On Mon, Jan 11th, 2021 by Saurenergy Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […] Read more
Saving Your Rooftop PV Plant From a Lighting Strike Updated On Sat, Jan 9th, 2021 by Saurenergy Background Residential PV systems are generally installed on the rooftop of residential buildings, with a large metal surface area, higher distance from the ground and exposed location. That makes these PV systems a possible target for lightning during thunderstorms. Thus, having good lightning protection and grounding becomes key to avoid any incidents that could cause […] Read more
Sungrow Ends 2020 on High, Crossing 7 GW PV Inverter Shipments in India Updated On Fri, Jan 8th, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, declared that its cumulative shipments to India crossed 7 GW by the end of 2020, testimony to its wide acceptance among the leaders in India’s growing decarbonized energy space. Accelerated growth during a tough year. During this year, the Indian market saw a series of tenders […] Read more
Tata Power Takes Over Operations of WESCO & SOUTHCO in Odisha Updated On Fri, Jan 8th, 2021 by Saurenergy Tata Power has taken over the management and operations of WESCO and SOUTHCO upon completion of the sale process. Tata Power has announced that it has taken over the management and operations of WESCO and SOUTHCO upon completion of the sale process. Now, WESCO and SOUTHCO will operate under the company name as TP Western […] Read more