CEL Release EoI for PV Cell, Module Manufacturing in India Updated On Fri, Jun 15th, 2018 by Saurenergy The main purpose of the initiative is to increase the production capacity of CEL and bring down the prices of photovoltaic (PV) solar cells in India. Its aim is to make components are financially viable for the market. A government enterprise, Central Electronics Ltd (CEL) has invited expression of interest (EoI) for the construction of […] Read more
Samsung to Increase Renewable Energy Use to Curb Global Warming Updated On Thu, Jun 14th, 2018 by Saurenergy Samsung, the world’s biggest smartphone maker, and South Korea’s biggest corporate group, is the first electronics manufacturer to join a movement spearheaded by Apple and other Silicon Valley companies. In order to help in curbing the global warming, Samsung Electronics join the global list of companies that are promising to increase their use of solar and other renewable […] 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
Renewable Energy Pact with Peru Approved by Union Cabinet Updated On Thu, Jun 14th, 2018 by Saurenergy The agreement aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. For the promotion of renewable energy projects in the country, a Union cabinet chaired by Prime Minister Narendra Modi approved an […] Read more
TN to Invest 5,000 Crore in Renewable Energy Updated On Wed, Jun 13th, 2018 by Saurenergy A dedicated central public sector undertaking for solar power, SECI, is working elsewhere on the theme of floating solar projects as well. SECI, at the beginning of this year, issued tenders for a 150 MW plant for Rihand Dam in Uttar Pradesh. To set the voyage for the total transformation of the state’s transmission infrastructure […] Read more
GE Power Launches New ADMS Soln to Support TPDDL’s Efforts to Modernize Delhi’s Electric Grid Updated On Wed, Jun 13th, 2018 by Saurenergy This newly launched solution will facilitate advanced monitoring, analysis and improve control and planning operations, enabling TPDDL to enhance the reliability, safety, and efficiency of Delhi’s distribution network. GE Power’s grid solutions business has launched a first-of-its-kind Advanced Distribution Management Solution (ADMS) in India in collaboration with Tata Power Delhi Distribution (TPDDL). The project has […] Read more
Kumbaya Becomes Member of GOGLA to Connect the Unconnected Updated On Tue, Jun 12th, 2018 by Saurenergy The company’s mission is to connect the unconnected, bringing people in off-grid communities access to zeroXess, an economically-priced home energy and communication hub. California-based solar energy firm Kumbaya, the company behind the zeroXess solution for off-grid power, connectivity and content, has got the membership in the Global Off-Grid Lighting Association (GOGLA), an independent, not-for-profit industry […] Read more
Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
Cleanergy Now Becomes Azelio; Raises 100 Mn SEK via Pvt Placement Updated On Mon, Jun 11th, 2018 by Saurenergy The move has come as a representation of the company’s solar focus and to better differentiate from the competition on the global arena. In order to accelerate the commercialization of its unique solar energy technology, storage solutions provider Cleanergy has changed its name to Azelio. The move has come as a representation of the company’s […] Read more