S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering Updated On Mon, Feb 26th, 2018 by Saurenergy The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […] Read more
ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas Updated On Tue, Feb 20th, 2018 by Saurenergy We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […] Read more
US-based Solar Firm Omni Navitas Plans Huge Solar Farm in Cambodia Updated On Thu, Feb 1st, 2018 by Saurenergy Omni Navitas, a US-based solar energy developer declared an arrangement to set up a $500 million, 150-megawatt solar energy farm in Cambodia. Omni Navitas, a US-based solar energy developer declared an arrangement to set up a $500 million, 150-megawatt solar energy farm in Cambodia, which CEO Jim McAuliffe said would make it the biggest solar […] Read more
Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018 Updated On Wed, Dec 20th, 2017 by Saurenergy With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […] Read more
Scatec Solar Secures 40 MW Solar Power Project in Malaysia Updated On Thu, Dec 14th, 2017 by Saurenergy The solar power plant, located in Northwest Malaysia, is expected to produce 65 GWh of electricity per year with annual revenues of about USD 6 million. Scatec Solar and Fumase have won the contract to develop a 40 MW solar power project in a tender held by the Energy Commission in Malaysia. The power plant, […] Read more
Solarhome Installs 1000 Solar Energy Systems In Rural Myanmar Updated On Mon, Dec 4th, 2017 by Saurenergy Singapore-based SolarHome installs integrated solar energy and appliance units in customers’ homes. Singapore-headquartered Off-grid PV provider SolarHome has installed 1000 Pay-As-You-Go (PAYG) solar energy systems in rural Myanmar. According to the company statement, the firm is growing rapidly having recently closed a pre-Series A round of equity funding led by Uberis Capital and debt funding […] Read more
World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
Two-Day IEEMA-IESA Event Begins From Nov 18 in Mumbai Updated On Thu, Nov 16th, 2017 by Saurenergy The participants will get to know about 19 energy storage technologies including Solar, micro grids, Diesel usage optimizations and Electric vehicle. Indian Electrical & Electronics Manufacturers’ Association (IEEMA) – India Energy Storage Alliance (IESA) will be organizing a two day program on “Energy Storage Technology, Applications and Manufacturing Process”on November 17 and 18 at Mayfair […] Read more
Automating Future of Manufacturing Updated On Thu, Oct 12th, 2017 by Saurenergy With the REI Trade Expo 2017 approaching, Saur Energy International settled on a plan of action to accomplish our yearning to get close and personal with the machines and technologies that forge solar modules. With an urge to catch sight of Ecoprogetti’s Turnkey Photovoltaic Robotic Automation Production Machines and Lines, we decided to pay a visit […] Read more
