West Bengal Electricity Utility installs Smart Meters to Curb Power Theft Updated On Sat, Dec 17th, 2016 by Saurenergy In a bid to cut down power theft, the state power department has started installing smart metres for West Bengal Power Distribution Co Ltd. “We have set up a target to install such metres for 1.7 crore consumers. New connections are being given through smart metres,” state Power Minister Sovandeb Chattopadhyay said on the sidelines […] Read more
OneRoof Energy Reduces Workforce Updated On Sat, Dec 17th, 2016 by Saurenergy OneRoof Energy a residential solar services provider and wholly-owned subsidiary of OneRoof Energy Group, Inc. has announced that it has significantly reduced its work force as it begins to wind down its active operations. The company has thus far been unable to secure the significant additional financing necessary to continue its ordinary course sales, marketing […] Read more
SPI Energy acquires 50% equity interest in two solar projects from Japan-based EastAsia Group Updated On Sat, Dec 17th, 2016 by Saurenergy SPI Energy has acquired 50% equity interest in two solar projects currently under construction with combined capacity of 3.98 MW, from Japan-based EastAsia Group Co., Ltd. The Projects are located approximately 50 kilometers east of Tokyo in Chiba Prefecture and each with capacity of 1.99 MW, are currently under construction. The Projects are under certain […] Read more
Trina Solar Announces Shareholders Vote to Approve Going-Private Transaction Updated On Sat, Dec 17th, 2016 by Saurenergy Trina Solar Limited has announced that the Company’s shareholders voted in favor of, among others, the proposal to authorize and approve (i) the previously announced agreement and plan of merger (the “Merger Agreement”) dated August 1, 2016 by and among Fortune Solar Holdings Limited (“Parent”), Red Viburnum Company Limited (“Merger Sub”) and the Company, pursuant […] Read more
US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects Updated On Sat, Dec 17th, 2016 by Saurenergy Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […] Read more
Meyer Burger announces 99.9% of the subscription rights have been exercised by the end of the rights exercise period Updated On Fri, Dec 16th, 2016 by Saurenergy Meyer Burger Technology has announced that 99.9% of the subscription rights have been exercised by the end of the rights exercise period on 15 December 2016. A total of 456,851,800 new registered shares had been offered. Existing shareholders were offered to subscribe for five new registered shares at an offer price of CHF 0.36 per […] Read more
Vikram Solar appoints Nimish Jain, Jinko Solar’s Deputy Director APAC as Head of Global Module Sales Updated On Fri, Dec 16th, 2016 by Saurenergy Vikram Solar has announced the appointment of its new Head of Global Module Sales- Nimish Jain. In the given role, Nimish would be responsible for driving sales in both domestic and international markets. He would also supervise the accomplishments of targets and P&L of the year, along with recruiting and managing the sales team. Talking […] Read more
10 Indian states accounting for approximately 90 percent of all solar installations and pipeline: Mercom Capital Updated On Fri, Dec 16th, 2016 by Saurenergy Mercom Capital in its recent report has revealed that top 10 states in the country accounting for approximately 90 percent of all solar installations and pipeline. According to the research firm as of December 2016India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW. The top 10 […] Read more
Odulair launches 100% Solar Powered Mobile Health Clinic for Clemson University Updated On Fri, Dec 16th, 2016 by Saurenergy Odulair recently launched its first 100-percent solar-powered generator-free mobile clinic for Clemson University. According to Odulair its solar mobile clinic does not require, nor include, a generator as everything in the clinic is powered by the company’s proprietary Solanda Mobile Solar System. In 2013 Samsung launched Africa’s first partially solar powered mobile health center; the […] Read more
