All-Women Staff takes Charge at Tata Power’s CRC in Mumbai Updated On Tue, Jul 31st, 2018 by Saurenergy An all-women CRC is the company’s first major move to address its women customers better. In a boost to gender equality, Tata Power inaugurates India’s first ‘All-women’ staff Customer Relations Centre (CRC) for its power utility customers. This CRC in Andheri (West), Mumbai will be entirely managed by a team of seven women who are trained […] Read more
Sungrow launches State-Of-The-Art Factory at India Base Updated On Fri, Jul 27th, 2018 by Saurenergy Sungrow India has installed more than 2 GW of renewable capacities. The launch of the factory is aimed at improving company’s global delivery and enhancing service to the customers worldwide. India’s leading inverter company, Sungrow launches a state-of-the-art facility for manufacturing of central and string inverters, fulfilling Indian as well as international demands. With […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
Industry Splits on DGTR’s Proposed Imposition of Safeguard Duty Updated On Wed, Jul 18th, 2018 by Saurenergy Safeguard duty is bound to ensure an even playing field for both domestic and imported products, says Sunil Rathi. The solar industry has divided into two parts after the Directorate General of Trade Remedies (DGTR) has recommended, recently, imposition of safeguard duty for two years on imports of solar cell from China and Malaysia. It […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Ellomay Arm Inks EPC Pact with METKA for 300 MW Spanish Talasol Project Updated On Tue, Jun 19th, 2018 by Saurenergy This is a very significant milestone in the advancement of the Talasol project, which is expected to be one of the largest photovoltaic projects in Europe and one of the first projects to work on grid parity, that is, without subsidies, says Ran Fridrich. Israel-headquartered renewable energy company Ellomay Capital’s arm Talasol Solar has entered into an […] Read more
Enphase to Buy SunPower’s Microinverter Business Updated On Thu, Jun 14th, 2018 by Saurenergy According to the Enphase Energy, The five-year agreement is intended to accelerate global adoption of AC modules as the de facto residential solution. After trading hours, the Enphase Energy announced that it plans to acquire microinverter business of SunPower for $25 million in cash and $ 7.5 million in shares of Enphase common stock. According […] Read more
Make in India: Country’s First Technology Transfer Pact for Li-Ion Batteries Inked Updated On Mon, Jun 11th, 2018 by Saurenergy The agreement was signed between Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd. To boost the government’s Make in India initiative, a Memorandum of Understanding (MoU) on first transfer of technology for the country’s Lithium Ion (Li-ion) batteries was signed […] Read more
Sanjib Datta Takes Over as Managing Director of Mahanagar Gas Limited Updated On Mon, Jun 4th, 2018 by Saurenergy Mr. Sanjib Datta, Executive Director (Business Development), GAIL has taken over charge as Managing Director of Mahanagar Gas Limited on 30th May 2018. Mr. Datta, an Electrical Engineer from Jadavpur University- Kolkata, has a rich experience of over 32 years in handling multifarious assignments in the natural gas sector, covering diverse functions like, Business Development, […] Read more