Tata Power acquires WREPL through share purchase agreement Updated On Thu, Sep 15th, 2016 by Saurenergy TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […] Read more
India to quadruple its investment on R&D in the Renewable Energy section in next 5 years: Piyush Goyal Updated On Thu, Sep 15th, 2016 by Saurenergy Union Minister of State for Power, Coal, New & Renewable Energy and Mines- Piyush Goyal addressing a plenary session at the 11th Sustainability Summit said that “Climate change is a global challenge and we all should fight it here, now and today.” Restating the commitment of the Government of India towards the achievement of Sustainable […] Read more
Hyderabad based Greenko Group to purchase 1GW assets of SunEdison in India Updated On Wed, Sep 14th, 2016 by Saurenergy Greenko Energy Holdings, a Hyderabad-based firm has agreed in principle to proceed with a purchase of roughly 1GW of solar assets owned by SunEdison in India. The Hyderabad-based energy firm has more or less agreed the transaction after meeting with the SunEdison’s restructuring officer. It is expected that the bankrupt US company will be selling […] Read more
Indian companies dominating the domestic solar market: Report Updated On Tue, Sep 13th, 2016 by Saurenergy Home grown companies are taking hold of domestic solar PV market reports consultancy firm Bridge to India in its ‘India Solar Map 2016”. According to the map with 460 MW capacity commissioned in the last year, Adani ranks number 1 amongst project developers followed by Acme and Welspun. Interestingly First Solar and SunEdison are the […] Read more
Bosch targets industrial clients to expand the capacity in solar energy generation Updated On Mon, Sep 12th, 2016 by Saurenergy Bosch India, a German engineering and electronics corporation will be focusing on setting up rooftop solar plants for its industrial clients, while remaining cautious towards utility scale projects. Venugopalan CM, Head, Energy Division, Bosch India told Business Line that “The enterprise category or industrial clients are our focus category (for setting up solar power projects). […] Read more
Vikram Solar partners with teamtechnik Updated On Sat, Sep 10th, 2016 by Saurenergy Vikram Solar recently signed Memorandum of Understanding (MoU) with teamtechnik, a market leader in production technology based in Freiberg am Neckar (Germany), to design production lines and supply plant technology to support the company’s expansion plans. Both the companies signed MOU in the presence of Amit Mitra-Finance Minister, West Bengal. Vikram Solar is set to […] Read more
NISE to conduct a One Day Workshop on Standards for Solar PV Modules Updated On Mon, Sep 5th, 2016 by Saurenergy The National Institute of Solar Energy (NISE) is an autonomous institute under MNRE, Government of India, and it specializes in facilitating research & development, certification, testing, skill development activities in the field of solar energy technologies. Under the joint initiative of NISE and PTB-Germany, the institute is conducting a workshop on “Standards for Solar PV […] Read more
Odisha Government faces hurdle in acquiring land for 1000MW solar park Updated On Sat, Sep 3rd, 2016 by Saurenergy Unable to acquire a single patch of 5000 acres for its ambitious 1000 MW solar park, the state government of Odisha is now looking for alternative different spaces in clusters to develop the proposed solar park. The chief secretary has asked the Odisha Industrial Infrastructure Development Corporation (IDCO), state’s nodal agency for land acquisition, to […] Read more
USAID collaborates with GE to improve standards in Indian solar industry Updated On Sat, Sep 3rd, 2016 by Saurenergy The US Agency for International Development (USAID) has announced to fund and promote research in partnership with the General Electrics to improve standards in the Indian solar industry. This is one of the 49 projects selected by USAID’s US Global Development Lab today that would receive a total of USD 10 million to address critical […] Read more
