SolAero Technologies acquires Vanguard Space Technologies Updated On Thu, May 12th, 2016 by Saurenergy Satellite solar power and structural solutions provider SolAero Technologies has acquired San Diego, California based aerospace structural products and assemblies provider, Vanguard Space Technologies. Vanguard has a proven history of delivering satellite structural components and assemblies for commercial, defense, and civil satellites to customers around the world. Vanguard has been acquired as a wholly-owned subsidiary […] Read more
Power generation begins at 200 MW Kunta ultra mega solar power project in Andhra Pradesh Updated On Thu, May 12th, 2016 by Saurenergy NTPC has announced that power generation has started from its 200 MW NP Kunta ultra mega solar power project at Anantapur in Andhra Pradesh. NTPC in a BSE filing said “consequent upon testing and commissioning, 200 mw capacity (4X50 MW) of NP Kunta Ultra Mega Solar Power Project Stage-I at Anantapur is declared on commercial […] Read more
India has emerged as the biggest renewable energy lab in the world: Richard Verma Updated On Wed, May 11th, 2016 by Saurenergy US envoy Richard Verma on his visit to India said the country has emerged as the biggest renewable energy lab in the world and is at the threshold of dynamic growth in the deployment of smart grid technology. Verma, accompanied by other dignitaries visited Tata Power Delhi Distribution’s Smart Grid Lab in Rohini and Tata […] Read more
ENGIE acquires an 80 percent stake in Green Charge Networks Updated On Wed, May 11th, 2016 by Saurenergy ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […] Read more
JinkoSolar enters into a Master Purchase Agreement with CivicSolar Updated On Wed, May 11th, 2016 by Saurenergy JinkoSolar a wholly owned subsidiary of JinkoSolar Holding Co., Ltd. has entered into a Master Purchase Agreement (MPA) with a leading national full service solar distributor in U.S, the CivicSolar. Under the MPA, JinkoSolar has been selected by CivicSolar as a Preferred Module Partner and will account for 25% of CivicSolar’s module sales. CivicSolar is […] Read more
Rays Power commissions 11.5 MW project in Telangana Updated On Wed, May 11th, 2016 by Saurenergy Rays Power Infra has announced the commissioning of its latest solar photovoltaic project in Telangana. The 11.5 MW solar project commenced in January this year and was completed in 3 months. Developed for Shining Sun Powers, it is one of the fastest-commissioned projects in the country. Undertaken by Rays Power Infra on turnkey basis, the […] Read more
Government to set up a pool of capital to fund research on green energy technologies: Piyush Goyal Updated On Wed, May 11th, 2016 by Saurenergy Minister of Power, Coal and New & Renewable Energy, Piyush Goyal delivering Keynote address on Tuesday at a conference on ‘The Future of Electricity’ said “the future of electricity in India rest on the pillars of affordability, sustainability and country’s energy security.” India’s electricity consumption is going to increase fourfold from 1.1 trillion units to […] Read more
SPI Energy enters into share purchase agreements with existing shareholders of over $57 Million Updated On Wed, May 11th, 2016 by Saurenergy SPI Energy has announced its entry into share purchase agreements (SPA) with existing shareholders and certain members of its management team, to purchase an aggregate of 75,990,000 ordinary shares of the Company at a price of USD 0.759 per Share (USD 7.59 per ADS), for a total consideration of US$57.68 million. The Shares are being […] Read more
TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
