Masdar Acquires Stake in Hero Future Energies Updated On Wed, Nov 13th, 2019 by Saurenergy Entering the Indian renewable energy market, Masdar has acquired a robust minority stake in Hero Future Energies Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries. And now, entering the Indian renewable energy market, the firm has […] Read more
In Conversation with V.V. Kamath, Managing Director, Fronius India Pvt Ltd Updated On Sat, Nov 9th, 2019 by Saurenergy Fronius India Pvt Ltd is an arm of Fronius International GmbH. It’s state-of-the-art facility consists of around 33,000 sq feet, coupled with world class application development and training centre for welding, solar energy and perfect charging. Since it’s inception in India in 2013, the company has swiftly become the most preferred welding equipment supplier […] Read more
Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
Europe and North America to Cross 1 Million Workplace EV Chargers by 2025 Updated On Thu, Nov 7th, 2019 by Saurenergy The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025 As grid operators, automakers, transit authorities, companies and governments prepare for the 37.2 million electric vehicles (EVs) set to be on road in 2025, interest in workplace charging opportunities is […] Read more
Cabinet Gives its Approval for Renewable Pact Signed With Guinea Updated On Thu, Nov 7th, 2019 by Saurenergy The Union Cabinet has given its approval to a pact signed between India and Guinea in the field of renewable energy. The Union Cabinet on November 6, 2019, gave ex-post facto approval to a pact signed between India and Guinea in the field of renewable energy. “The Union Cabinet chaired by Prime Minister Narendra Modi has given approval for the MoU (memorandum of […] Read more
SECI Extends Bid Deadline for 1200 MW Wind Tender Updated On Wed, Nov 6th, 2019 by Saurenergy SECI has extended the bid submission deadline for its tender for setting up of 1200 MW of wind energy projects in India until November 20, 2019. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for setting up of 1200 MW of wind energy projects in India. The […] Read more
KSEB to Modify PSA for 200 MW Wind Power Signed with SECI Updated On Wed, Nov 6th, 2019 by Saurenergy KSERC has asked state Discom KSEB to modify its PSA that it had signed with the SECI for procuring 200 MW wind energy. The Kerala State Electricity Regulatory Commission (KSERC) has in its latest order, asked state Discom Kerala State Electricity Board (KSEB) to modify its Power Sale Agreement (PSA) that it had signed with […] Read more
Ørsted Issues Green Bonds Worth $394 mn in Taiwan Updated On Wed, Nov 6th, 2019 by Saurenergy Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […] Read more
Two New Countries Ink ISA Framework Pact; Membership Surges to 83 Updated On Fri, Nov 1st, 2019 by Saurenergy Speaking at the event, Co-President ISA and the French Minister for ecological and inclusive transition, Brune Poirson thanked India for its leadership in the field of solar energy. The two new countries, Eritrea and Saint Kittis and Nevis, have now become the member of International Solar Alliance (ISA) after signing the framework agreement on Thursday. […] Read more
