French companies looking to invest in India in areas of renewables, defense, infrastructure Updated On Fri, Sep 29th, 2017 by Saurenergy A 45-member French delegation from sectors such as transport, logistics, ports & shipping, energy, environment, construction, infrastructure, digital sector, bank, insurance and legal services is in the city. French companies are exploring investment opportunities in India in areas of defence, infrastructure, renewable energy, and waste & water management & recycling. A 45-member French delegation from […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
Shri R K Singh inaugurates workshop on “Waste to Energy” as a part of “Swachchata Hi Sewa” campaign Updated On Tue, Sep 26th, 2017 by Saurenergy Union Minister of State (IC) for Power and New & Renewable Energy, Shri R K Singh has emphasised the need for setting up more waste management plants around the country. Shri Singh said this while inaugurating a Workshop on “Waste to Energy” – Swachchata Se Swachh Urja here today. The workshop was organised by the […] Read more
Let’s Talk Solar Energy Storage Systems Updated On Mon, Sep 25th, 2017 by Saurenergy It is now said to be primitive if we sit with a strong brewed coffee and the board directors of green revolutionaries give a throwback on coal and thermal reserves. Without sharing an anecdote, the facts and figures and latest economics of renewables especially solar has tethered traditional energy production. India has one national grid […] Read more
Mytrah Energy Successfully Raises Rs. 1800 Crore Updated On Tue, Sep 19th, 2017 by Saurenergy The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […] Read more
Indo-Japan Civil Nuclear Pact Will Open a New Chapter in Cooperation of Clean Energy: Modi Updated On Fri, Sep 15th, 2017 by Saurenergy Prime Minister Modi said Indo-Japan ties are not limited to bilateral or regional spheres. It is closely cooperated on key global issues and discussed ways to deepen ties in trade, security and civil nuclear energy. Prime Minister Narendra Modi at a joint press event in Japan said that the civil nuclear pact between India and […] Read more
IESA commemorates World Energy Storage Day by organizing policy roundtable Updated On Fri, Sep 15th, 2017 by Saurenergy The objective of this forum is to have a dialogue between thought leaders from industry and the policy makers to identify policy priorities that can help drive adoption of energy storage in India and make India a global hub for manufacturing of advanced energy storage technologies by 2020 said IESA. To commemorate on the 1st […] Read more
Delta Expands Portfolio of Utility, Commercial and Residential Power Conversion & Energy Storage Solutions at SPI 2017 Updated On Tue, Sep 12th, 2017 by Saurenergy Delta is launching several products for the first time to the U.S. commercial and utility markets at the show, including the M125U, a grid-tied 1500V string PV inverter and the ES30 three-phase energy storage system Delta is showcasing its comprehensive portfolio of renewable power conversion and storage technologies for utility, commercial and residential scale applications […] Read more