SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
Smit inks deal with CTIEC for the delivery of multiple core process tools Updated On Fri, May 27th, 2016 by Saurenergy Thin-film manufacturing equipment supplier Smit Thermal Solutions at SNEC 2016 has signed a contract with China Triumph International Engineering Co (CTIEC) for the delivery of multiple core process tools for their 100MW CdTe Project in Chengdu. The agreement was officially concluded during an equipment signing ceremony arranged at the SNEC in China. CTIEC is a […] Read more
OCI to develop 1 GW photovoltaic power plants in China and India by 2018: Report Updated On Wed, May 25th, 2016 by Saurenergy OCI Global Ltd. is reportedly planning to develop about 1 gigawatt of photovoltaic power plants in China and India by 2018. The company will be investing USD 400 million for the projects, while rest of the investment will come from elsewhere said Pranab Kumar Sarmah, unit’s chief investment officer in an interview to Bloomberg in […] Read more
MNRE sets target for Commercial & Industrial sector for FY 2016-17 Updated On Fri, May 20th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) is implementing a Grid connected Rooftop and Small Solar Power Plants Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS plants will be set up in residential, commercial, industrial, institutional, Government/ PSU sectors ranging from […] Read more
PROINSO to expand operations in Indonesia Updated On Thu, May 19th, 2016 by Saurenergy PROINSO has announced that it will open a new operation in Indonesia’s West Java province. PROINSO will have distribution and integrated products available in Indonesia along with experienced local EPM division, PT. Surya Energi Indotama (SEI). A spokesperson for PROINSO said, “Indonesia is a market of major focus for PROINSO. With over 250 million people, […] Read more
Cabinet chaired by the PM Modi apprised of a GFA on RE Cooperation between India and UAE Updated On Fri, May 13th, 2016 by Saurenergy The Union Cabinet chaired by PM Narendra Modi was apprised of General Framework Agreement (GFA) on Renewable Energy (RE) Cooperation between India and UAE. The General Framework Agreement was signed by the two nations on 11th February in New Delhi this year during the state visit of Crown Prince of UAE. The GFA aims at […] Read more
SolAero Technologies acquires Vanguard Space Technologies Updated On Thu, May 12th, 2016 by Saurenergy Satellite solar power and structural solutions provider SolAero Technologies has acquired San Diego, California based aerospace structural products and assemblies provider, Vanguard Space Technologies. Vanguard has a proven history of delivering satellite structural components and assemblies for commercial, defense, and civil satellites to customers around the world. Vanguard has been acquired as a wholly-owned subsidiary […] Read more
ENGIE acquires an 80 percent stake in Green Charge Networks Updated On Wed, May 11th, 2016 by Saurenergy ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […] Read more
ACME Wins Bids for 200 MW at SECI & NTPC Tenders in Andhra Pradesh and Telangana Updated On Sat, May 7th, 2016 by Saurenergy ACME has announced that it has bagged tenders for developing 200 MW solar power projects during separate tenders conducted by SECI and NTPC in Andhra Pradesh and Telangana, respectively. ACME won the largest share of 150 MW out of 400 MW in Andhra Pradesh at fixed tariff of Rs. 4.43 per unit in addition to […] Read more
