First Solar Net Loss Narrows to $432.45 Mn in Q4 Updated On Fri, Feb 23rd, 2018 by Saurenergy Its net sales in Q4 were $339 million, a decrease of $748 million from the previous quarter on the back of lower systems and third-party module sales. Comprehensive PV solar systems provider, First Solar, Inc. has reported that its net loss narrowed to $432.45 million, or $4.14 per share, in the fourth quarter of 2017. […] Read more
Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs Updated On Fri, Feb 23rd, 2018 by Saurenergy The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […] Read more
India, France to Co-Host First International Solar Alliance Summit in Mar Updated On Fri, Feb 23rd, 2018 by Saurenergy India will achieve 22 GW solar energy capacity by next month and should be able to meet its target of 100 GW by 2022. India and France will co-host the first International Solar Alliance (ISA) Summit on March 11 to be held at Rashtrapati Bhavan in New Delhi, where at least 10 heads of state are expected […] Read more
Indian Scientists Develop Next-Gen Test-Bed to Generate Clean Energy Updated On Fri, Feb 23rd, 2018 by Saurenergy This early stage research, of India’s one of the premier institutes, could potentially be useful for meeting the energy needs of the country. Indian scientists have developed a super critical carbon dioxide (CO2) Brayton test loop facility to generate clean energy from future power plants including solar thermal. It was developed by the Indian Institute […] Read more
Amplus Commits Rs 2,200 cr Investment in UP to Build 500 Mw Solar Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy We are committed to install solar capacity of 500 MW in the state in the next 5 years, says Sanjeev Aggarwal. Solar power plant manufacturer Amplus Energy Solutions has inked a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 2,200 crore over the next 5 years. The MoU […] Read more
Avaada Power to Invest Rs 10k cr to Set Up 1,600 MW Solar Projs in UP Updated On Thu, Feb 22nd, 2018 by Saurenergy The company’s projects will help the state in meeting its annual target of 2,000 MW production capacity of solar energy. Avaada Power, a clean energy company, has entered into a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 10,000 crore in setting up 1,600 MW solar projects. […] Read more
ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […] Read more
IIT Kharagpur Student Gets Award at Clean Energy Conference in Paris Updated On Wed, Feb 21st, 2018 by Saurenergy The chemical engineering student, Ankur Mehta, was awarded the ‘Best (Oral) Presentation Certificate’ in the 7th edition of the 3-day International Conference. Ankur Mehta, a fourth year undergraduate student of IIT Kharagpur, has secured an award at an international conference on ‘Clean and Green Energy’ (ICCGE-2018) in Paris. The chemical engineering student, Ankur Mehta, was awarded the […] Read more
Dedicated R&D Department Needed in CEA, Says R.K. Singh Updated On Wed, Feb 21st, 2018 by Saurenergy Only way of improving life and system is questioning. This is the spirit I look for in my system, he added. R.K. Singh, Union Minister of State (IC) for Power and New & Renewable Energy, has stressed upon the need of a dedicated R&D department in CEA to coordinate the research in power sector. The […] Read more
