Oxford PV secures £8.1m funding and three key strategic investors Updated On Tue, Dec 6th, 2016 by Saurenergy Oxford Photovoltaics has announced a further equity investment of £8.1million, which adds to the company’s £8.7m first close investment announced on 18 th October 2016. The bulk of this investment comes from three new strategic investors Statoil ASA, Legal & General Capital and a technology-focused, innovative family fund investor who sees the potential of the […] Read more
Azure Power Starts Construction of 100 MW NTPC Project in Andhra Pradesh Updated On Thu, Dec 1st, 2016 by Saurenergy Azure Power has announced that it has started the construction of its 100MW solar power project in Andhra Pradesh. The Company has secured land and financing for this project. The project was auctioned by NTPC, which is designated under National Solar Mission for a total capacity of 1000 MW of solar power projects at Kurnool […] Read more
Russian Billionaire Businesswoman Expands Investment Into Renewable Energy Updated On Wed, Nov 30th, 2016 by Saurenergy Australia based Inteco Beteiligungs GmbH, owned by Russian billionaire businesswoman and philanthropist Yelena Baturina, continues the expansion of a project to generate, use and market renewable energy in Europe. In October, Inteco completed the acquisition of a solar park near the city of Farsala in Greece. According to industry experts energy produced by the solar park in […] Read more
Marathon Capital Announces FLS Energy to be Acquired by Cypress Creek Renewables Updated On Tue, Nov 29th, 2016 by Saurenergy Marathon Capital is announced to FLS Energy (“FLS” or the “Company”) is to be acquired by Cypress Creek Renewables (“Cypress Creek”). FLS is a leading owner, operator and financier of distributed generation solar projects and has developed more than 300 MWs of projects across North Carolina and other Southeastern states. In addition to managing the […] Read more
ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
PHOTON Consulting’s PV Triathlon: 3Q16 Rankings Updated On Thu, Nov 24th, 2016 by Saurenergy PHOTON Consulting is pleased to announce the release of the 3Q16 edition of the PV Triathlon, PHOTON’s ranking of solar companies. The PV Triathlon evaluates and ranks solar companies based on PHOTON’s proprietary methodology that includes: Current financial health (i.e. balance sheet related metrics) Cost and profitability leadership (i.e. income statement related metrics) Sustainability of […] Read more
Navigant Research Names AutoGrid a Leader in Virtual Power Plant Software Updated On Wed, Nov 23rd, 2016 by Saurenergy AutoGrid Systems, the Energy Internet leader, announced that Navigant Research has positioned AutoGrid as a Leader in its Navigant Research Leaderboard Report: Virtual Power Plant Software Vendors. Navigant Research also recently named AutoGrid a Leader in its Navigant Research Leaderboard Report: Demand Response Management Systems, making it the only company with the distinction of being […] Read more
Azure Power Announces Results for Second Fiscal Quarter 2017 Updated On Wed, Nov 23rd, 2016 by Saurenergy Azure Power Global Limited, one of the leaders in the Indian solar industry, announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the second quarter period ended September 30, 2016. Second Quarter 2017 Period Ended September 30, 2016 Operating Highlights: Operating & Committed Megawatts were at 1,021 MW, as of September […] Read more
BrightSource Energy Switches from Oracle to Rimini Street for Support of Four Oracle Product Lines Updated On Wed, Nov 23rd, 2016 by Saurenergy Rimini Street, Inc., the leading global provider of independent enterprise software support services for SAP SE’s Business Suite, BusinessObjects and HANA Database software and Oracle Corporation’s Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion, Oracle Retail, Oracle Agile PLM and Oracle ATG Web Commerce software, today announced that BrightSource Energy, a global […] Read more
