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Rays Power Infra Raises Rs 200 Cr from DMI Finance

The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […]

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Renewable Purchase Obligations Should be Strictly Enforced: NITI Aayog

Launched by Finance Minister Arun Jaitley, the document outlines a slew of measures to reform the energy sector of the country. NITI Aayog recently published its latest strategy document ‘Strategy for New India @75’ in which it has recommended that renewable purchase obligations should be strictly enforced. Launched by Finance Minister Arun Jaitley, the document […]

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Shell and EDF Renewables Form JV to Develop Wind Farm

The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […]

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d.light Raises $41 million from Consortium

The equity financing was raised by d.light from a Consortium led by Inspired Evolution, an Africa-focused investment advisory firm. d.light, a distributed solar provider has announced that it has secured a funding of $41 million to finance its solar and appliances business. The equity financing was raised from a Consortium led by Inspired Evolution, an […]

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Interview with Sunil Badesra, Head – Business Development Dept. at Sungrow (India) Pvt Ltd

 Sungrow – a specialist in R&D, production, sales, and service of new energy power supply devices for solar energy, wind energy, and energy storage. Its main products include PV inverters, wind converters, energy storage system, new energy automotive drive system, and floaters for floating PV power plants. In an exclusive interview with Saur Energy […]

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TSREDCO Invites Tenders for Off-Grid 300 WP Power Packs

Last date for the submission of online bids to TSREDCO is December 28, 2018 and the last date for submission of hard copies of the document is December 31, 2018. Telangana State Renewable Energy Development Corporation (TSREDCO) has invited tenders for development and installation of off-grid 300WP power packs to be installed at various locations […]

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Sello Fide Certification Awarded to Ginlong Solis Inverters

FIDE is a non-profit trust in Mexico, an initiative of the Federal Electricity Commission (CFE) and it certifies products which save electricity. Chinese solar inverter giant Ginlong Solis has achieved the Mexican Sello Fide certification of energy efficiency to conduct successful business in Mexico, the company said in a statement. FIDE is a non-profit trust […]

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Power Ministry Issues Guidelines for EV Charging Stations

The guidelines published by the Power Ministry are slated to rake up the cost of installing these charging stations with both of these technologies being mandated. Power Ministry has issued guidelines for electric vehicles public charging stations and has mandated the installation of both Japanese and Chinese charging technologies. The guidelines published by the Power […]

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DNV GL Launches On-Site PV Modules Testing Lab in India

It will also provide cost effective post-delivery-pre-installation and post-installation quality assurance of Photovoltaics (PV) modules. DNV GL, the world’s largest independent energy advisory and certification body, has launched its first On-site Solar Lab, for on-site testing of PV modules in India. The new service will allow asset owners to save time, reduce cost and minimize […]

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