ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more
Havells India forays into solar business Updated On Tue, Jun 14th, 2016 by Saurenergy Havells India on Monday in a filing with the BSE informed that the Company is launching solar solutions including Solar power generating systems, Home lighting kits, Solar Pumps, Solar street lights etc. The company will start rolling out the solar products pan India in phases, starting from month itself. However, Havells did not reveal exact […] Read more
Sunverge Energy names ABB software veteran Clinton Davis to lead product Updated On Fri, Jun 10th, 2016 by Saurenergy Sunverge Energy named ABB Software Veteran- Clinton Davis as its Senior Vice President of Product and Program Management. Davis will be responsible for continuing the rapid expansion of Sunverge’s hardware and software offerings .He also will direct the enhancement of the innovative services the company provides to electric utilities, retailers and solar installers to help […] Read more
Researchers demonstrate STPVs that converts solar heat into usable electric power Updated On Tue, May 24th, 2016 by Saurenergy Researchers at MIT demonstrated a device based on a method that enables solar cells to break through a theoretically predicted ceiling on how much sunlight they can convert into electricity. A single-layer cell made of silicon is used for the vast majority of today’s solar panels — the upper limit of these cells is about […] Read more
Azure Power appoints Arno Harris as an independent director Updated On Wed, May 18th, 2016 by Saurenergy Azure Power has announced appointment of CEO and Chairman of Recurrent Energy, Arno Harris as an independent director. Arno Harris comes on board with over 15 years of experience in the solar sector and has helped the industry make the transition to mainstream energy markets. This includes his term as the Founder, CEO and Chairman of Recurrent […] Read more
Hindustan Power commissions 30 MW solar farm in the Mansa district of Punjab Updated On Wed, Apr 13th, 2016 by Saurenergy The clean energy arm of Hindustan Power has commissioned a 30 MW solar farm in Mansa district of Punjab. The company has invest Rs. 200 crore for the mid-sized, grid-connected solar farm to tap the solar energy potential of the stateestimated at 4-7 KWH/sq.mtr of solar insolation levels—and enable Punjab to achieve its renewable purchase […] Read more
Solar Industry eyes tax exemptions and financial aid from the coming Budget Updated On Mon, Feb 15th, 2016 by Saurenergy This budget is getting indispensible with government’s relief words for the manufacturers and associates. The dart of economic revival and business friendly country is on the suitcases of the coming budget. The ambitious solar power industry has urged the government for tax incentives and financial aid to make ‘solar’ an attractive and viable option. “The […] Read more
