Renew Power Expands Leadership Team; Hires 3 Top Executives Updated On Thu, Oct 11th, 2018 by Saurenergy The company has appointed Mayank Bansal as President – Strategy & Operations, Varun Sivaram as Chief Technology Officer and Stephen O’Rourke as Managing Director, ReNew North America. One of the leading Independent Power Producer (IPP) ReNew Power has appointed three senior executives who have joined the organization in leadership roles. These strategic appointments are in-line […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
Tata Power Bags 2 Awards at ‘7th ACEF Asian Leadership Awards’ Updated On Tue, Oct 9th, 2018 by Saurenergy It has won the Gold and Silver for its work in the conservation of Mahseer fish under the ‘Best Sustainable Green Initiative’ and its campaign to end open defecation in Jamshedpur under the ‘Best Corporate Community Partnership’ sub-categories respectively. Country’s one of the leading integrated power utility Tata Power has won two awards at the ‘7th ACEF Asian Leadership Awards’ for its impactful work in the areas […] Read more
Greenko Completes Orange Renewable Acquisition; Agrees to Buy Skeiron Assets Updated On Tue, Oct 9th, 2018 by Saurenergy Moreover, it has also inked a definitive purchase pact to buy Skeiron Green Renewables. India’s one of the leading renewable energy companies, Greenko Energy Holdings (Greenko) has completed the assets acquisition of Orange Renewables. Moreover, it has also inked a definitive purchase pact to buy Skeiron Green Renewables. The combined deal of Orange and Skeiron […] Read more
RE Invest Aims to Showcase India’s Performance; Subsides Investment Updated On Mon, Oct 8th, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE)’s flagship event, RE Invest, to promote the spread of renewable energy has this time aimed at exchange of ideas between state and private players. Unlike the first RE Invest held in 2015, the second RE Invest has rather chose to showcase India’s achievements in the renewable energy sector […] Read more
Braking Global Warming at 1.5 Degree Celsius Calls ‘Unprecedented Changes’: IPCC Updated On Mon, Oct 8th, 2018 by Saurenergy IPCC has, on its shoulders, the task of providing the policymakers with a regular assessment of the scientific basis of climate change along with its impacts and future risks like global warming. While hundreds of scientists and government representatives from across the world contributing their inputs on climate change and resultant increasing global warming during […] Read more
Azure Prices its Public Offering of 1.48 Cr Equity Shares at $12.50 Per Share Updated On Sat, Oct 6th, 2018 by Saurenergy As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […] Read more
PM Modi Receives ‘UNEP’s Champions of the Earth’ Award Updated On Wed, Oct 3rd, 2018 by Saurenergy The award was already announced for PM Modi on 26th September on the sidelines 73rd UN General Assembly at New York City. In an encouragement to India’s enhanced approached towards the use of renewable energy, UN General Secretary, Antonio Guterres presented United Nations’ highest environmental honor, ‘Champions of the Earth’ Award to India’s PM Modi. […] Read more
Bifacial photovoltaics – The Future has two sides Updated On Wed, Oct 3rd, 2018 by Saurenergy Solar modules are aligned to or even track the sun. The rear of standard solar modules only receives a small fraction of the energy captured by the front of the module. Nevertheless, the back surface can contribute 5% to 30% of the overall energy balance. The word “bifacial” keeps cropping up nowadays in the photovoltaics […] Read more
