Maxeon Announces Closing of the Full Exercise of Greenshoe Option in its Public Offering Updated On Tue, Apr 27th, 2021 by Saurenergy Maxeon Solar Technologies, Ltd. (“Maxeon”) today announced that, in connection with its previously announced public offering of 6,944,445 ordinary shares, the underwriters have fully exercised their option to purchase an additional 1,041,666 ordinary shares (the “Option Shares”) at a public offering price of $18.00 per share. The issuance and sale of the Option Shares closed today. Maxeon intends […] Read more
LONGi Clarifies: Didn’t End Contracts With Indian Power Developers Updated On Fri, Apr 23rd, 2021 by Saurenergy In response to recent reports suggesting that Chinese PV manufacturer LONGi, among other solar developers, had withdrawn from signed contracts with Indian power developers due to increasing commodity prices, the company issued a clarification stating that this information being passed around was false and that no such contracts had been terminated. The company claims that […] Read more
Wipro to Reach Net-Zero Greenhouse Gas Emissions by 2040 Updated On Fri, Apr 23rd, 2021 by Saurenergy Wipro Limited, a leading global information technology, consulting and business process services company, today announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5°C. Wipro, while unveiling its pledge on Earth Day, also set an intermediate target of […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
Lohum Plans 250-crore Investment in Capacity Expansion Over Next 3 Yrs Updated On Mon, Apr 19th, 2021 by Saurenergy Lohum Cleantech, the lithium-ion battery manufacturer and recycler based in New Delhi, is planning to invest around 250 crores in the following three years towards expanding its manufacturing capacity, which currently stands at 300 MWh of batteries per year and 200-250 units a day, with aims to eventually venture into the production of batteries for […] Read more
Business Development Analyst II Updated On Fri, Apr 16th, 2021 by Saurenergy The First Solar Technology Sales & Origination team manages sales and relationships with buyers of First Solar PV module technology across customer groups of Developers, IPPs, Utilities, and EPCs. As the leading supplier of utility-scale solar projects in the U.S. market, First Solar is growing this fast-paced team to engage across the national utility-scale solar […] Read more
Euro Multivision Ltd. Updated On Fri, Apr 16th, 2021 by Saurenergy Euro Multivision Ltd. (EML) is a one of the leading company in manufacturing & trading of SOLAR PRODUCTS in India. The solar industry has witnessed rapid growth over the past few years and is projected to grow further in future. India’s geographical location, large population and government support are assisting it to become one of […] Read more
Facebook Ties up With CleanMax for 1st Renewable Energy Project in India Updated On Fri, Apr 16th, 2021 by Saurenergy Facebook has partnered with Mumbai-based clean energy firm CleanMax for a 32 MW wind power project to be built in southern Karnataka. Around 50% of the project’s energy generation capacity has already been commissioned and is producing electricity. While CleanMax will handle the ownership and operation of the project, Facebook will purchase electricity off the […] Read more
