Azure Power announces the launch of its initial public offering Updated On Fri, Sep 23rd, 2016 by Saurenergy Azure Power Global Limited (“Azure Power”) has announced the launch of its initial public offering of 6,818,182 equity shares. 5,863,637 equity shares will be sold by Azure Power, while 954,545 shares will be sold by certain selling shareholders says the official statement. The company expected to grant the underwriters a 30-day option to purchase up […] Read more
Hartek Power eyes for substation orders of 500 MW solar in South India Updated On Fri, Sep 23rd, 2016 by Saurenergy Hartek Power, one of the top solar solution providers is expecting orders of setting 500 MW of substations in states like Andhra Pradesh, Telangana and Karnataka in the next fiscal. Company’s Chairman and Managing Director Hartek Singh said, “Considering the growing opportunities in the South, we are going all out to consolidate our operations in […] Read more
Lightsource secures 50 MW solar project out of 450MW tendered in Maharashtra Updated On Fri, Sep 23rd, 2016 by Saurenergy British firm Lightsource Renewable Energy has announced that it has secured a 50 MW solar project out of 450MW tender floated by SECI in Maharashtra. The company in a statement said that this is the maiden solar project secured by Lightsource in India. It will receive benchmark tariff support of Rs.4.43/kWh, combined with viability gap […] Read more
Panasonic Announces The Launch of New HIT N295 PV Module For Europe Updated On Thu, Sep 22nd, 2016 by Saurenergy Panasonic has announced the launch of its new HIT N295 solar module for the European market. The company is touting it as the most powerful sub-1.6m² solar panel available on the continent. It provides installers with one of the most comprehensive, flexible solar offerings on the market to deliver more power on any roof says […] Read more
DISCOMs Flouting Solar’s ‘Must Run’ Status: Mercom Capital Updated On Thu, Sep 22nd, 2016 by Saurenergy Mercom Capital Group in its latest report “India Solar Quarterly Market Update,” has revealed that power deficit numbers in India do not paint the full picture. The report states that even if Central Electricity Authority’s (CEA) reports touts low power deficit and surplus situation, large populations in India are still living without electricity and power cuts […] Read more
Schneider Electric names Peter Herweck as Executive Vice President and Member of the Executive Committee Updated On Thu, Sep 22nd, 2016 by Saurenergy Schneider Electric is appointing Peter Herweck as Executive Vice President of the Industry Business and Member of the Executive Committee. Peter, 50- began his career at Mitsubishi Electric as a software development engineer in Japan before joining Siemens in 1993, where he held a variety of positions in the automation and drives field in Germany […] Read more
Solar Park at Pavagada in Karnataka will be operational from April 2017 Updated On Thu, Sep 22nd, 2016 by Saurenergy Karnataka will soon be able to harness solar power from the Pavagada solar park in Tumakuru district. The first phase of 2,000 MW solar park is expected to be operational by April-May 2017. Power sale agreements have been signed with NTPC for support of 600MW power to the state through various electricity companies in next […] Read more
Adani Group inaugurates world’s largest 648 MW solar power plant Updated On Thu, Sep 22nd, 2016 by Saurenergy The 648 MW solar power plant from Adani Group, which is also said to be the world’s largest solar plant at a single location has been inaugurated at Sengapadai in Kamudhi taluk in Ramanathapuram district. Adani Green Energy, part of the Adani Group, today said it has connected the 648-mw solar power plant with Kamuthi […] Read more
Interview With Manoj Gupta VP Solar Business, Fortum India Pvt Ltd Updated On Thu, Sep 22nd, 2016 by Saurenergy Fortum offers energy-related products and expert services to private and industrial customers and energy producers. Fortum’s target is to increase its solar power production significantly. The company’s first 5 MW solar PV plant is in Bhilwara, Rajasthan. Fortum’s second project, and its first greenfield solar plant, is a 10 MW Solar PV plant in Kapeli, […] Read more
