SolarEdge Set to Enter Footprints in UPS Market via Gamatronic’s Acquisition Updated On Fri, May 11th, 2018 by Saurenergy The agreement is subject to customary closing conditions and is expected to close by the end of the second quarter of 2018. With an aim to move into the markets beyond solar arena, publicly listed PV inverter maker, SolarEdge Technologies will enter into the UPS market by signing an asset purchase agreement with Gamatronic Electronic […] Read more
ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
Eastman’s Maintenance-Free Gel Batteries Successfully Hits Energy Storage Market Updated On Tue, May 8th, 2018 by Saurenergy The highlight of gel batteries is that the electrolyte contained in it does not flow like a liquid ensuring an instant start and long-lasting performance. The gel batteries manufactured by Eastman Auto and Power Ltd, a leading company in the energy storage segment and solar solutions, are making a mark in the power backup market […] Read more
SECI’s 70 MW Amguri Solar Park Tender to Close on May 22 Updated On Tue, May 8th, 2018 by Saurenergy The maximum tariff payable to the project developer is fixed at Rs 3.43/ kWh for 25 years. The Solar Energy Corporation of India’s (SECI’s) tender for setting up of 70 MW grid-connected solar PV (SPV) power project at Amguri Solar Park in Assam will be closed on May 22, 2018. In February this year, SECI […] Read more
India Invites Guatemala to Join International Solar Alliance Updated On Tue, May 8th, 2018 by Saurenergy Moreover, India and Guatemala have also agreed to support each other’s candidature for non-permanent membership in the United Nations Security Council (UNSC). With an aim to provide greener planet to our next generations, India has invited Guatemala to join the International Solar Alliance (ISA), the first international inter-governmental treaty based organization aiming to boost solar […] Read more
India to Supply Solar Panels for Guatemala’s Airports Updated On Tue, May 8th, 2018 by Saurenergy Naidu’s visit is highest level from either side since establishment of diplomatic ties between the two countries in 1972. In a significant development for the renewable sector, India has agreed to supply solar panels for the Guatemala’s airports. This decision was one of the several outcomes of extensive talks Vice President of India M. Venkaiah […] Read more
SkyPower to Build Uzbekistan’s First Solar Power Installation; To Pump Largest FDI Updated On Mon, May 7th, 2018 by Saurenergy “This historic partnership with UzbekEnergo and the government of Uzbekistan will bolster growth in the region and help establish Canadian expertise in this fast-growing sector,” said François-Philippe. Canada-based solar energy producer, SkyPower has signed a pact with Uzbekistan government to invest about $1.3 billion Foreign Direct Investment (FDI) in the country to build 1,000 MW of solar energy generation capacity throughout […] Read more
Viz-A-Viz with Atul Arya, Head, Energy Systems, Panasonic India Updated On Mon, May 7th, 2018 by Saurenergy Q. How Panasonic is contributing towards India’s clean energy initiative? The management philosophy of Panasonic is based on the belief of its founder Konosuke Matsushita, who said: since a company runs its business by borrowing people, things, money, land, and so forth from the society, a company is “a public entity of society”. Following this […] Read more
Radite Energy Bags 1.3 MW Rooftop Solar Project from Azure Power Updated On Sat, May 5th, 2018 by Saurenergy As per the deal, the company will be responsible for the complete installation and commissioning (I&C) of the project. In a significant development, Gurgaon based Radite Energy has bagged 1.3 MW rooftop solar project from Azure Power for Noida’s Gautam Buddha University. As per the deal, the company will be responsible for the complete […] Read more
