AGEL Completes $3.5 Billion SB Energy Deal, Operational Portfolio at 5.4 GW now Updated On Mon, Oct 4th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL) has announced the successfully closure of the deal for the acquisition of SB Energy Holdings Ltd (SB Energy India) in an all-cash deal for which definitive agreements were signed on 18 May 2021. With this deal, SB Energy India is now a 100% subsidiary of AGEL. Earlier, it was a […] Read more
Pre-bid Meeting for 10K MW Held, 29 Companies Participated Updated On Sat, Jun 23rd, 2018 by Saurenergy The companies that participated include representatives from SoftBank Group’s SB Energy and global solar giant GCL. For the forthcoming 10,000 MW manufacturing-linked solar auctions, around 29 companies participated in the pre-bid meeting in Delhi. The Solar Energy Corporation of India (SECI) would be conducting these auctions across the board. The companies that participated include representatives […] Read more
IL&FS, SoftBank Partnered to Power 20 GW Solar Power Parks Updated On Tue, May 29th, 2018 by Saurenergy The announcement came two months after the SoaftBank tied up with China’s GCL System Integration Technology for Indian solar power venture worth Rs 6350 Crore. Both SB Energy, the power and energy investment arm of SoftBank and IL&FS Energy will develop grid-connected solar projects across the country. To support Prime Minister Narendra Modi’s ambitious renewable […] Read more
L&T Q3 Profit Jumps 53%; Gross Revenue up 9.4%; Bags Solar Orders Updated On Tue, Feb 20th, 2018 by Saurenergy The company has secured a major order from the domestic market for EPC construction of 250MW (AC) Solar Plant in Rewa district of Madhya Pradesh. India’s largest construction and engineering firm, Larsen & Toubro Ltd, has reported impressive growth of 53 per cent in its consolidated net profit after taxes (PAT) at Rs 1,490 crore for […] Read more
TMEIC Powers Up 350 Units of SOLAR WARE Inverters for SB Energy Holdings Limited Updated On Thu, Jul 27th, 2017 by Saurenergy TMEIC’s SOLAR WARE inverters are highly engineered utility-scale PV inverter with the most advanced multi-level switching technology, delivering high energy efficiency (98.7%), and a lower equipment footprint, thus leading to an unparalleled yield on customer investment. Bangalore-based TMEIC Industrial Systems India Pvt. Ltd. has successfully supplied 350 units of 1MW SOLAR WARE inverters to SB […] Read more
