Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
Vestas Secured 1 GW of order in Australia During 2018 Updated On Mon, Dec 31st, 2018 by Saurenergy The 1 GW of orders is Vestas’ highest in one year since installing the country’s first commercial-sized wind farm 25 years ago. Vestas’ orders in Australia in 2018 have passed 1 GW today after the signing of a 184 MW engineering, procurement and construction contract for the Warradarge Wind Farm. The 1 GW of orders […] Read more
Perovskite Slated to Revolutionise the Solar Industry Updated On Fri, Dec 28th, 2018 by Saurenergy Perovskite, which uses a hybrid organic-inorganic lead as the light harvesting active layer could have a conversion rate as high as 37%. Silicon based solar panels which have been in use since the last five decades are soon about to get a tough competition from a new material in development called perovskite. The silicon based […] Read more
NCLT Allows Demerger of Emami’s Power and Cement Business Updated On Thu, Dec 27th, 2018 by Saurenergy In the petition filed with NCLT, Emami pegged that the demerger will bring strength to each business with a focused and individual attention. National Company Law Tribunal’s Kolkata bench has recently approved the demerger of Emami’s solar power business, Emami Power, from its cement business, Emami Cement Limited. A petition was filed by the Indian […] Read more
3,217 Million US$ received as FDI in Renewable Energy Sector Updated On Thu, Dec 27th, 2018 by Saurenergy Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […] Read more
Freyr Energy Launches App to aid Solar Rooftop Business Updated On Wed, Dec 26th, 2018 by Saurenergy ‘Freyr SunPro 2.0’, which is an upgraded version of Freyr SunPro launched last year, will help entrepreneurs run their solar business. Freyr Energy, a Hyderabad start-up working in the solar energy sector has recently launched an app to help those who are aspiring to foray in rooftop solar system business. ‘Freyr SunPro 2.0’, which is […] Read more
BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
LPU Students Create Solar Powered Driverless Bus Updated On Mon, Dec 24th, 2018 by Saurenergy The first prototype of the bus will be used to ferry PM Narendra Modi to the Indian Science Congress venue which will be held in LPU. In a proud development, students from various department of Lovely Professional University (LPU) have recently designed and built a driverless car which is powered using solar energy. The first […] Read more
CleanMax Solar Bags Star of The Industry Award Updated On Mon, Dec 24th, 2018 by Saurenergy CleanMax Solar has won this award due to its efforts to help corporates and social institutions achieve their sustainability aspirations. CleanMax solar, was awarded the “Star of The Industry Award 2018” under the category of “Best Green Energy Efficiency Initiative” and its founder and managing director, Mr. Kuldeep Jain, has been awarded under the category […] Read more