India’s 40 GW Rooftop Solar Target Ambitious but also Realistic: Experts Updated On Sat, Oct 6th, 2018 by Saurenergy The session brought together experts who discussed global market trends, smart business models, and best practices in rooftop solar PV domain in India and Europe. The global experts has supported India’s ambitious goals of achieving 40 GW rooftop solar target by 2022 and termed it as realistic during a session on ‘Rooftop Solar PV Market […] Read more
REC Group Becomes 1st Solar Panels’ European Brand to be Certified by BIS Updated On Sat, Oct 6th, 2018 by Saurenergy The certification by BIS is now a mandatory requirement for all solar panels imported to or manufactured in India. Europe-based REC Group’s ‘72-cell product with multi award-winning TwinPeak Technology’ has received certification from the Bureau of Indian Standards (BIS). The company said in a statement that, this new accreditation allows the REC TwinPeak 2S 72 Series – the […] Read more
Azure Prices its Public Offering of 1.48 Cr Equity Shares at $12.50 Per Share Updated On Sat, Oct 6th, 2018 by Saurenergy As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […] Read more
Sembcorp Commissions 250 MW Wind Project; Beats SECI Timeline Updated On Sat, Oct 6th, 2018 by Saurenergy The wind power project was dedicated to the nation by Minister of State (IC) for Power and New & Renewable Energy, Raj Kumar Singh at the 2nd Global RE-INVEST summit. Sembcorp Energy India (SEIL) and Suzlon Group has completed the 250 MW wind power project, which is the first among all SECI auctioned wind […] Read more
Punjab Solar Capacity Soars to 920 MW in August 2018 Updated On Fri, Oct 5th, 2018 by Saurenergy The State was having installed capacity of only 9 MW in February, 2012 which has escalated to 920 MW as on August 2018. The Punjab Energy Development Agency (PEDA) during 2nd Global Re-Invest 2018 said in a statement that, across government, we are talking about what is the defining issue of our generation – Climate […] Read more
Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd Updated On Sat, Sep 29th, 2018 by Saurenergy Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […] Read more
Azure Power Gets LoI to Electrify HAL Updated On Fri, Sep 28th, 2018 by Saurenergy The project will be developed by the company within HAL estate area of approx 30 acres. Indian solar power producer Azure Power has received a letter of intent for a 6 MW solar project won an auction conducted by Odisha Renewable Energy Development Agency (OREDA) for Hindustan Aeronautics Ltd (HAL). The capacity won is 100 […] Read more
SECI’s 5000MW Solar Auction Gets Single Bidder Updated On Fri, Sep 28th, 2018 by Saurenergy As part of the government’s targets of achieving a cumulative capacity of 100 GW Solar PV installation by 2022, the SECI had invited bids from developers. Weighed down by the industry sentiment, state-run Solar Energy Corporation of India (SECI) has received unsatisfactory response for its tender of 5GW per year solar manufacturing as only a single bidder […] Read more
World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally Updated On Fri, Sep 28th, 2018 by Saurenergy Also, the program aims to finance 17.5 GWh of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries. The World Bank Group has committed to investment USD 1 billion for a new global program to ramp up investments in battery storage for energy systems in developing and […] Read more
