Enphase Energy Expands in India with New Account Manager and Distribution Partners Updated On Wed, Aug 9th, 2017 by Saurenergy Enphase has invested in a direct presence in Chennai with the appointment of Venkata Mukundarajan as its strategic account manager for India. The company has added Sun-AP Ecopower and Redington as new distribution partners. Enphase Energy, a global energy technology company and the world’s leading supplier of solar microinverters, has announced that the Company has […] Read more
CHANCES & CHALLENGES RELATED TO EPC Updated On Sat, May 27th, 2017 by Saurenergy As the world moves towards the sustainable development, India looks to optimize its energy mix with minimum carbon footprints. India is in the midst of a momentous leap in terms of the proposed use of solar power as part of its overall renewable energy mix. India with its 100GW of solar energy target by 2022 is […] Read more
ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
VIZ-A-VIZ with HARTEK SINGH, Chairman & Managing Director | Hartek Group Updated On Sat, Apr 15th, 2017 by Saurenergy Q. FM Arun Jaitely in presenting Budget for 2017 announced decrease in customs duty on solar energy panels. What type of impact do you see in the solar industry, will this year witness strong development of solar projects in the country? Does the budget looks sunny for the EPC players? The basic customs duty on […] Read more
Waaree Energies to raise $100 million: Report Updated On Thu, Mar 16th, 2017 by Saurenergy “Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […] Read more
India’s McNally Bharat Engineering bags 500MW EPC order in Andhra Pradesh Updated On Wed, Mar 15th, 2017 by Saurenergy McNally Bharat Engineering has bagged a 500 MW solar power project worth Rs. 415.29-crore from Andhra Pradesh Power Generation Corporation Ltd. Kolkata-based engineering firm McNally Bharat Engineering has won a Rs. 415.29-crore solar power project from Andhra Pradesh Power Generation Corporation Ltd. The project entails design, engineering, manufacturing, supply, commissioning and operation and maintenance of […] Read more
Ministry of Commerce & Industry releases Make in India New and Renewable Energy Sector – Achievement Report Updated On Thu, Jan 19th, 2017 by Saurenergy The New & Renewable Energy sector has witnessed the highest ever-solar power and wind power capacity addition over the last two years since April 2014. The Government has set a target of 175 GW of renewable energy capacity by end of 2022, making it the largest expansion in the world and providing plenty of opportunities […] Read more
Boaz Augustin, Chairman and MD of Borg Energy India Arrested For Defrauding Firms Updated On Wed, Jan 18th, 2017 by Saurenergy Borg Energy India Pvt Ltd is subsidy of Borg Inc. USA which is the largest solar power equipment manufacturing company in the world Hyderabad Police has arrested Boaz Augustin, Chairman and Managing Director of Borg Energy India Pvt Ltd for defrauding various firms to the tune of about Rs 100 crore. Cybercrime police of Detective […] Read more
Vibrant Gujarat Summit to fuel Renewable Rnergy MoUs of worth Rs 1 lakh crore Updated On Mon, Jan 9th, 2017 by Saurenergy Renewable Energy MoUs worth Rs 1 lakh crore to get signed in Vibrant Gujarat Global Summit 2017 After remaining quiet for some time, the renewable energy sector in Gujarat is waiting to buzz again this Vibrant Gujarat Global Summit (VGGS). This is evident from renewable energy projects worth a massive Rs 1 lakh crore of […] Read more