SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
Industry Splits on DGTR’s Proposed Imposition of Safeguard Duty Updated On Wed, Jul 18th, 2018 by Saurenergy Safeguard duty is bound to ensure an even playing field for both domestic and imported products, says Sunil Rathi. The solar industry has divided into two parts after the Directorate General of Trade Remedies (DGTR) has recommended, recently, imposition of safeguard duty for two years on imports of solar cell from China and Malaysia. It […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Ellomay Arm Inks EPC Pact with METKA for 300 MW Spanish Talasol Project Updated On Tue, Jun 19th, 2018 by Saurenergy This is a very significant milestone in the advancement of the Talasol project, which is expected to be one of the largest photovoltaic projects in Europe and one of the first projects to work on grid parity, that is, without subsidies, says Ran Fridrich. Israel-headquartered renewable energy company Ellomay Capital’s arm Talasol Solar has entered into an […] Read more
Enphase to Buy SunPower’s Microinverter Business Updated On Thu, Jun 14th, 2018 by Saurenergy According to the Enphase Energy, The five-year agreement is intended to accelerate global adoption of AC modules as the de facto residential solution. After trading hours, the Enphase Energy announced that it plans to acquire microinverter business of SunPower for $25 million in cash and $ 7.5 million in shares of Enphase common stock. According […] Read more
Make in India: Country’s First Technology Transfer Pact for Li-Ion Batteries Inked Updated On Mon, Jun 11th, 2018 by Saurenergy The agreement was signed between Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd. To boost the government’s Make in India initiative, a Memorandum of Understanding (MoU) on first transfer of technology for the country’s Lithium Ion (Li-ion) batteries was signed […] Read more
Sanjib Datta Takes Over as Managing Director of Mahanagar Gas Limited Updated On Mon, Jun 4th, 2018 by Saurenergy Mr. Sanjib Datta, Executive Director (Business Development), GAIL has taken over charge as Managing Director of Mahanagar Gas Limited on 30th May 2018. Mr. Datta, an Electrical Engineer from Jadavpur University- Kolkata, has a rich experience of over 32 years in handling multifarious assignments in the natural gas sector, covering diverse functions like, Business Development, […] Read more
Heraeus Joins Hand with Jinergy to Break Through Technical Barriers to Double Printing Updated On Sat, Jun 2nd, 2018 by Saurenergy This ultra-fine-line (UFL) printing process is the world’s first breakthrough in the double-print technology. One of the leading suppliers of metallization solutions to PV industry, Heraeus Photovoltaics jointly with Jinergy Clean Energy Technology has developed and successfully ramped up the 18-μm opening screen printing process on solar cells. The company said in a statement that, […] Read more
Heraeus Backs China’s Efforts for Clean Energy, Creating “Global Tipping Point” for Renewable Energy Updated On Thu, May 31st, 2018 by Saurenergy Performance gains, continual innovation and critical mass of adoption puts renewable energy on inevitable path to becoming the cheapest form of generating electricity, Heraeus Photovoltaics President Liebheit says. Andreas Liebheit, Heraeus Photovoltaics President said that the world’s energy picture is reaching a global tipping point that will establish solar energy and other renewable sources as […] Read more
