NDB Clears $300 Mn to Fund South African Energy Sector Updated On Tue, Jul 24th, 2018 by Saurenergy The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme Updated On Mon, Jul 23rd, 2018 by Saurenergy If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […] Read more
ISRO Satellites Soon to Run on Indigenous Solar Cells Updated On Mon, Jul 23rd, 2018 by Saurenergy Critical for a satellite’s lifespan in the space, these solar cells were till now being procured from some of private space solar cell manufacturers in the U.S. In another push to the Indian solar industry, Government of India’s Indian Space Research Organization (ISRO) has finally bought the technology to build space solar cells in India. […] Read more
