First Project of BRICS Development Bank Starts Operation Updated On Mon, Sep 4th, 2017 by Saurenergy The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […] Read more
Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore Updated On Fri, Sep 1st, 2017 by Saurenergy Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […] Read more
Thermography in Photovoltaic plants Updated On Tue, Aug 29th, 2017 by Saurenergy Thermal imagers from Testo are specially designed for solar thermography requirements. They allow solar engineers to offer their customers a valuable after-sales service, while plant operators obtain a reliable statement on the status of their solar plants. Photovoltaic systems are an important contribution to the energy transition, and to a sustainable handling of resources. In […] Read more
Renewable energy capacity of 100 GW should be achieved by 2019-20 Niti Aayog Updated On Mon, Aug 28th, 2017 by Saurenergy Niti Aayog has set for the government an ambitious goal of 100 giga watt of clean energy by 2019-20 and wants financial provision for generation and infrastructure rather than just capacity creation. Premier think-tank Niti Aayog has set for the government an ambitious goal of 100 giga watt of clean energy by 2019-20 and wants […] Read more
PESB Asks Renewable Energy Ministry to Choose Proper Course of Action for Selection of SECI MD Updated On Mon, Aug 21st, 2017 by Saurenergy The Public Enterprises Selection Board (PESB) had interviewed three candidates – PTC India Director (Marketing) and Business Development Rajib Kumar Mishra, Konkan Railway Corporation Ltd Director (Finance) Amitabh Banerjee and SECI Director (Finance) C Kannan – for the SECI MD post, PESB said on its website. Government head-hunter PESB has asked the renewable energy ministry […] Read more
Amtech Announces Proposed Public Offering of Common Stock Updated On Sat, Aug 19th, 2017 by Saurenergy Amtech Systems also announced the pricing of an underwritten public offering of 1,055,000 shares of its common stock at a price of $9.50 per share Amtech Systems, a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets has announched that it intends to offer shares of its common stock […] Read more
Saudi Arabia Moving Towards a Sustainable Future Updated On Fri, Aug 18th, 2017 by Saurenergy The discourse on renewable sources of energy and other issues of the environment in Saudi Arabia is moving increasingly to the fore. The world’s biggest powers have debated the issue of climate change at length. They came together in 2015 to find possible solutions to curtail its impact. 195 countries made history in 2015 when […] Read more
Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra Updated On Thu, Aug 17th, 2017 by Saurenergy “An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […] Read more
Japan Keen to Increase Cooperation in Energy Sector Updated On Sat, Aug 12th, 2017 by Saurenergy Japanese Ambassador Kenji Hiramatsu is looking forward to enhance the cooperation in areas like environmental equipment for coal thermal power plants, grid stabilization, pump-up storage hydro power, smart telecommunication towers, solar irrigation pumps and bio fuels Japan has said its technologies can provide solutions for challenges being faced by India in the energy sector which […] Read more