REI 2016 – The Countdown begins for South Asia’s Biggest Renewable Energy Trade Expo Updated On Wed, Aug 31st, 2016 by Saurenergy South Asia’s leading Renewable Energy Trade Expo by UBM India, Renewable India Expo 2016 (REI) to kick-off from September 7-9, 2016 at the India Expo Center, Greater Noida. Expected to congregate 40 participating countries, house over 650 exhibitor, 1000 + Delegates and attract over 25,000 visitors – in its flagship 10th anniversary of the event […] Read more
IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more
Madhya Pradesh Government to provide state guarantee for 750MW park Updated On Wed, Aug 17th, 2016 by Saurenergy The Indian state of Madhya Pradesh is planning to extend its guarantee to developers bidding for 750 MW in the Rewa Ultra Mega Solar Park, so that payments will be met by the government in the case of any default from the off-takers. The project will be one of the biggest in the state, and […] Read more
Central Government should renew its focus on the DBFOT framework: Simarpreet Singh, Head – Strategy, Hartek Power Updated On Wed, Aug 10th, 2016 by Saurenergy Hartek Power Pvt Ltd is one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies with expertise in executing high-voltage substation turnkey, rooftop solar projects and manufacturing a complete range of power distribution equipment/solutions to the needs of the industry and utilities. The company has four strategic business units—Power Systems, Rooftop Solar, Power Distribution […] Read more
There is no plan or attempt on EDF’s or EREN’s part to get out of the Indian market or anything like that: Samir Sharan, CEO – ACME Cleantech Solutions Pvt. Ltd. Updated On Tue, Aug 2nd, 2016 by Saurenergy The ACME Group is one of the top player in the field of clean energy with operations in solar power generation, lithium-ion based energy storage solutions and energy management of telecom towers in India. It pins itself as a pioneer in the development of green technology solutions that are environment friendly, energy efficient, frugal and […] Read more
RE Industry gears up for Renewable Energy India 2016 Expo Updated On Fri, Jul 22nd, 2016 by Saurenergy UBM India is all set to host the 10th edition of its flagship event, Renewable Energy India Expo (REI) scheduled from 7th to 9th September 2016 at the India Expo Center, Greater Noida. India’s green economy community and participants from overseas will congregate at the REI Expo to discuss industry trends, challenges and market insights […] Read more
8minutenergy Secures $21 Million USD Letter of Credit Facility from Rabobank Updated On Fri, Jul 8th, 2016 by Saurenergy 8minutenergy Renewables has secured a $21 million USD letter of credit facility from Rabobank. The purpose of the credit facility is to enable 8minutenergy’s utility-scale solar development activities across North America, including supporting the execution of Power Purchase Agreements and Interconnection Agreements associated with projects in various stages of development. “We are thrilled to be […] Read more
US and India announces creation of a $20 million USICEF initiative Updated On Wed, Jun 8th, 2016 by Saurenergy The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […] Read more
TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
