VivoPower International and Arowana Inc. Announce Completion of Business Combination Updated On Fri, Dec 30th, 2016 by Saurenergy VivoPower International PLC, a global next generation solar power company, and Arowana Inc. announced the closing of their business combination transaction. Pursuant to the transaction, ARWA contributed approximately $16.8 million in cash to VivoPower in exchange for 6,088,200 newly issued VivoPower ordinary shares, which are to be distributed to holders of ARWA’s ordinary shares, rights […] Read more
Year-End Review – Ministry of Power Updated On Mon, Dec 26th, 2016 by Saurenergy In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […] Read more
Photovoltaics and Ethylene Oxide Production to consume Six Hundred Million Ounces of Silver Through 2020 Updated On Sat, Dec 17th, 2016 by Saurenergy Two of the everyday industrial uses for silver are in photovoltaic cells (the main constituents of solar panels) and as a catalyst for the production of ethylene oxide (an important precursor in the production of plastics and chemicals). These two uses of silver will together account for 120 Moz per year of consumption on average […] Read more
Viz-a-Viz with Pradeep Sangwan-Country Head, ReneSola India Updated On Fri, Dec 9th, 2016 by Saurenergy ReneSola is one of the leading international brand and technology providers of energy efficient products. Leveraging its global presence and expansive distribution and sales network, ReneSola is well positioned to provide its highest quality green energy products and on-time services for EPC, installers, and green energy projects around the world. In an exclusive Interview Pradeep […] Read more
Azure Power Starts Construction of 100 MW NTPC Project in Andhra Pradesh Updated On Thu, Dec 1st, 2016 by Saurenergy Azure Power has announced that it has started the construction of its 100MW solar power project in Andhra Pradesh. The Company has secured land and financing for this project. The project was auctioned by NTPC, which is designated under National Solar Mission for a total capacity of 1000 MW of solar power projects at Kurnool […] Read more
SECI releases tender on behalf of APEDA for rural electrification of 1058 nos. of off-grid villages in AP Updated On Wed, Nov 30th, 2016 by Saurenergy Solar Energy Corporation of India (SECI) is inviting bids on behalf of APEDA, Arunachal Pradesh for rural electrification of 1058 nos. of off-grid villages in Arunachal Pradesh by installing 300wp solar power packs under Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY). The tender is available on TCIL India website; interested bidders have to download the official […] Read more
String Inverter Market to grow at CAGR of 8.29% from 2016 to 2021: MarketsandMarkets Updated On Fri, Nov 25th, 2016 by Saurenergy According to a new report from MarketsandMarkets the global string inverter market is expects to grow from an estimated USD 2.61 Billion in 2016 to USD 3.89 Billion by 2021, registering a CAGR of 8.29% from 2016 to 2021. The research firm notes that the global market is witnessing growth due to decrease balance of […] Read more
ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
Azure Power Announces Results for Second Fiscal Quarter 2017 Updated On Wed, Nov 23rd, 2016 by Saurenergy Azure Power Global Limited, one of the leaders in the Indian solar industry, announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the second quarter period ended September 30, 2016. Second Quarter 2017 Period Ended September 30, 2016 Operating Highlights: Operating & Committed Megawatts were at 1,021 MW, as of September […] Read more