Adani Green Energy no longer a subsidiary of Adani Enterprises Updated On Wed, Jun 7th, 2017 by Saurenergy Pursuant to the allotment of further equity shares by Adani Green Energy Ltd (AGEL), the company’s stake in AGEL has been diluted below 50 per cent Adani Enterprises has announced that Adani Green Energy Ltd is no longer its subsidiary as its stake has been diluted below 50 per cent in the arm. “…pursuant to […] Read more
Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
Emel Solar announces sale of Wirsol’s 105 MW portfolio of solar projects to Rockfire Capital Updated On Tue, Jun 6th, 2017 by Saurenergy Emel worked with Wirsol to market the 105 MW portfolio of solar project and help identify the right financing partner. The deal was completed in two months, according to Rockfire chief executive Liam Kavanagh Emel Solar Limited has announced the sale of Wirsol’s 105 MW portfolio of solar projects located throughout the UK to a […] Read more
NEXTracker Achieves 1 GW of Solar Tracker Sales in India Updated On Tue, Jun 6th, 2017 by Saurenergy NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […] Read more
SunPower Partners Help 10 Massachusetts Schools Reduce Energy Costs with High-Efficiency Solar Systems Updated On Mon, Jun 5th, 2017 by Saurenergy Solect Energy and Green Street – members of SunPower’s national dealer network – have developed two high-efficiency SunPower solar systems that will provide electricity to 10 Massachusetts schools. Ranked seventh among U.S. states for the most solar capacity, Massachusetts is adding 6.9 megawatts to its 1,487 megawatts of solar currently installed and operating. Solect Energy […] Read more
SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects Updated On Sat, Jun 3rd, 2017 by Saurenergy With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […] Read more
Delhi Lt Governor directs to prepare SOP and a roadmap for promoting installation of solar panels Updated On Fri, Jun 2nd, 2017 by Saurenergy The Lt. Governor dubbed solar energy as a strong antidote to pollution while participating in a meeting of officials including Delhi chief secretary of and secretary (power) among others from different departments of the Delhi government. Lt Governor Anil Baijal on Thursday directed the power department to prepare a standard operating procedure (SOP) as well […] Read more
NISE Organizing 12th Three- Day Skill Development Program on Solar PV System Design Updated On Fri, Jun 2nd, 2017 by Saurenergy The vision of this 12th three- day skill development program on solar PV system design is to enable participants to “Design and Simulate SPV System NISE is organizing 12th three- day skill development program on solar PV system design using “PVSYST & PVSOL” software with cost economic and policies The main objective of this skill […] Read more
ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
