Tata Power acquires WREPL through share purchase agreement Updated On Thu, Sep 15th, 2016 by Saurenergy TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […] Read more
MNRE issue guidelines for smooth implementation of grid connected solar rooftop projects Updated On Sat, Sep 10th, 2016 by Saurenergy Ministry of New and Renewable Energy’s scheme for grid connected rooftop solar projects states that the Central Financial Assistance (CF A) would be 30% of the benchmark cost or actual project cost, whichever is lower, for such projects in residential, social and institutional sectors in General Category States/ UTs and 70% for such projects in […] Read more
Vikram Solar partners with teamtechnik Updated On Sat, Sep 10th, 2016 by Saurenergy Vikram Solar recently signed Memorandum of Understanding (MoU) with teamtechnik, a market leader in production technology based in Freiberg am Neckar (Germany), to design production lines and supply plant technology to support the company’s expansion plans. Both the companies signed MOU in the presence of Amit Mitra-Finance Minister, West Bengal. Vikram Solar is set to […] Read more
This Solar Cell is highly efficient and can harvests more of sun’s energy Updated On Mon, Sep 5th, 2016 by Saurenergy A team of researchers from MIT and the Masdar Institute of Science and Technology has developed new solar cell that includes two different layers of sunlight-absorbing material to harvest a broader range of the sun’s energy and that costs less than its counterparts. The researchers call the device a “step cell,” because the two […] Read more
SMA to showcase new products and PV solutions at SPI 2016 Updated On Sat, Sep 3rd, 2016 by Saurenergy SMA is gearing up to showcase its brand new products and solutions at Solar Power International show in Las Vegas, September 12-15. The company notes that its booth will be filled with brand new products and solutions, including: Sunny Boy-US: SMA’s expanded line of Sunny Boy-US inverters with Secure Power Supply will be on display […] Read more
Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital Updated On Fri, Sep 2nd, 2016 by Saurenergy Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […] Read more
NEXTracker delivers India’s largest solar tracker plant for 105 MW PV project in Punjab Updated On Fri, Sep 2nd, 2016 by Saurenergy NEXTracker, a Flex company, announced today it has delivered its award-winning PV technology to India’s largest solar tracker power plant, in collaboration with its customer, Adani Power Ltd. Located in the State of Punjab, the project is 105 MW and is already 50% installed and commissioned. This is the first phase of a strategic agreement between […] Read more
CEO of SE4ALL and Chairman of Ofgem to Present Keynote Speeches at the 9th SIEW Updated On Thu, Sep 1st, 2016 by Saurenergy Rachel Kyte, CEO of Sustainable Energy for All (SE4All) and Special Representative of the United Nations (UN) Secretary General, and David Gray, Chairman of the Office of Gas and Electricity Markets (Ofgem) of the UK, will be presenting their perspectives on the opportunities and challenges in the face of today’s ‘New Energy Realities’ at the 9th Singapore International Energy Week […] Read more
Ujaas Energy seeking for shareholders’ approval to raise Rs 500 crore Updated On Thu, Sep 1st, 2016 by Saurenergy Ujaas Energy is looking for shareholders’ approval to raise Rs 500 crore through issuance of equity or equity-linked instruments. “It is proposed to raise funds of upto Rs 500 crore in one or more tranches through a mix of equity/equity-linked instruments..securities,” Ujaas Energy Ltd said in the notice of its annual general meeting, scheduled on […] Read more
