Tata Power acquires WREPL through share purchase agreement Updated On Thu, Sep 15th, 2016 by Saurenergy TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […] Read more
Hyderabad based Greenko Group to purchase 1GW assets of SunEdison in India Updated On Wed, Sep 14th, 2016 by Saurenergy Greenko Energy Holdings, a Hyderabad-based firm has agreed in principle to proceed with a purchase of roughly 1GW of solar assets owned by SunEdison in India. The Hyderabad-based energy firm has more or less agreed the transaction after meeting with the SunEdison’s restructuring officer. It is expected that the bankrupt US company will be selling […] Read more
Maxim replaces protection diodes with new cell-string optimizer technology Updated On Mon, Sep 12th, 2016 by Saurenergy New cell-string optimizer technology from Maxim Integrated Products allows photovoltaic (PV) panels to harvest significantly more energy and simplifies design complexity for solar installation projects. Maxim’s cell-string optimizers are highly integrated DC-DC converters that replace the bypass diode and perform maximum power point tracking (MPPT) deep inside the PV module. By replacing each diode with […] Read more
The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra. Updated On Wed, Aug 31st, 2016 by Saurenergy RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […] Read more
IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more
You would soon see higher capacity, higher power density inverters for the local markets: ABB Updated On Tue, Aug 23rd, 2016 by Saurenergy In an Exclusive interview with Saur Energy International – Xavier Scaria, LPG Manager – Solar Inverters, ABB asserted that the organization has a significant role to play in decoupling the growth of carbon emissions in a growing economy like India. He also pointed out about the company’s roadmap, project and challenges. Edited excerpts from the […] Read more
SECI Setting up of Rs 1500 Cr Payment Security Fund for VGF Scheme under JNNSM Updated On Sat, Aug 20th, 2016 by Saurenergy Government of India launched Jawaharlal Nehru National Solar Mission in January 2010 and set a target of 1, 00,000 MW of grid connected solar power by 2022 to address India’s energy security challenge. The Government of India introduced the concept of viability gap funding mechanism in implementation of JNNSM Phase II wherein solar projects are […] Read more
SMA taking over complete technical operational management of largest PV farm in Denmark Updated On Fri, Aug 19th, 2016 by Saurenergy SMA Solar Technology AG has announced that it is taking over complete technical operational management of Denmark’s largest PV farm on behalf of WIRCON GmbH. The PV farm near Lerchenborg has been on the utility grid since December 2015, it generates approximately 60 million kWh of electric current per year, which is enough to supply […] Read more
PowerCare team from SunLink has expanded its installation services into the Northeastern US Updated On Wed, Aug 17th, 2016 by Saurenergy The SunLink PowerCare team has announced that it has expanded installation services into the Northeastern United States. PowerCare is currently installing at a second GeoPro project across the state in Plymouth and is gearing up for 10 more projects in Massachusetts and Vermont in 2016. Simultaneously, the PowerCare team is also executing solar project services […] Read more
