Hyderabad based Greenko raises 155 Million Dollars Equity from GIC and Abu Dhabi Investment Authority Updated On Tue, Mar 28th, 2017 by Saurenergy India’s Greenko Energy has raised $155 million equity funding from ADIA and an affiliate of global investment firm GIC to expand its clean energy portfolio to 3 GW from 2GW. Indian renewable energy firm Greenko Energy Holdings has signed up primary equity funding of $155 million (about Rs 1008 crore) from an affiliate of global […] Read more
India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal Updated On Sat, Mar 25th, 2017 by Saurenergy “India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […] 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
Adani Appoints Jennifer Purdie as CEO for Renewable Energy Unit in Australia Updated On Wed, Feb 8th, 2017 by Saurenergy Jennifer Purdie as the Chief Executive Officer will support the operations of Adani’s renewable energy business unit in Australia Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy […] Read more
ReneSola Provides Solid Outlook for China Distributed Generation Business Updated On Mon, Feb 6th, 2017 by Saurenergy ReneSola has put forward an updated outlook for its solar rooftop project pipeline in China ReneSola, a leading fully-integrated solar project developer and provider of energy-efficient products has provided an updated outlook for its solar rooftop project pipeline in China. As of January 31, 2017, the Company had over 393 MW of solar rooftop projects […] Read more
Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022 Updated On Mon, Feb 6th, 2017 by Saurenergy The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […] Read more
Waaree Distinguished with SP 1 A Grading by ICRA Updated On Wed, Feb 1st, 2017 by Saurenergy The latest grading by a reputed rating agency showcases Waaree’s credentials and market standing The Indian solar manufacturer and solutions heavyweight, Waaree Energies announces to have secured the highest grading of SP 1A for solar projects. The new accreditation will formally proclaim the highest performance capability and highest financial strength of Waaree Energies to undertake solar projects. […] Read more
Hero Future Energies Adopts SAP S/4HANA to Power Digital Transformation Updated On Tue, Jan 31st, 2017 by Saurenergy By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’ Hero Future Energies has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India. SAP S/4HANA […] 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