Greenam Energy Installs Its 1st Floating Solar Plant at Tuticorin Updated On Tue, Apr 16th, 2019 by Saurenergy Greenam Energy, a wholly owned subsidiary of Singapore-based AM International Holdings, has set up its first floating solar power plant at Tuticorin. The 24 MW floating solar power plant would be one of its kind and is the first floating renewable energy initiative to optimise energy production in industrial plants, a company statement said. “Greenam […] Read more
Lubi Solar to Install Solar Water Pumps in Nagpur, Pune Updated On Tue, Apr 16th, 2019 by Saurenergy “The company has been awarded this contract after successful completion of performance test in record time in stringent condition at farmer’s place,” the spokesperson added. Lubi Solar, which is a division of Lubi Electronics, has bagged an order for installation, commissioning and maintenance of Solar Photovoltaic (SPV) water pumping systems in Nagpur and Pune cities […] Read more
Oriano Solar Commissions Two Solar Plants For Aditya Birla Renewables Updated On Tue, Apr 16th, 2019 by Saurenergy The firm is currently executing 134.5 MW of solar projects to be commissioned by September 2019 and will surpass cumulative installation of 350 MW by the end of this financial year. Mumbai-based Oriano Solar has commissioned two solar power plants worth18.75 MW capacity located at Rawan (12.5 MW) and Hirmi (6.25 MW) in Chhattisgarh. The company was the Engineering, […] Read more
India’s Solar Sector Expected to Outperform Globally Despite Challenges: Report Updated On Tue, Apr 16th, 2019 by Saurenergy A new report by Fitch Solutions has predicted that the Indian solar power capacity will grow at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. The report highlights that India will continue to outperform rival markets over the next decade as recent problems such […] Read more
CERC Passes Order, GST to be Covered Under “Change in Law” Updated On Tue, Apr 16th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has in its latest order observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under ‘Change in Law’. The commission issued the order in response to a petition filed by Parampujya Solar Energy Pvt. Limited (PSEPL), a […] Read more
SDMC Shifts Focus to Solar Energy and EV Charging Points Updated On Tue, Apr 16th, 2019 by Saurenergy To encourage the public transition to use electric vehicles, the South Delhi Municipal Corporation (SDMC) has set a target to develop at least 50 public charging stations by the end of this financial year. Speaking at the fourth Asia Pacific Forum on Urban Resilience and Adaptation — Resilient Cities Asia Pacific 2019, SDMC commissioner Puneet […] Read more
Mumbai Housing Complex Goes Solar, To Reduce Electricity Bill by 70% Updated On Tue, Apr 16th, 2019 by Saurenergy This would be the equivalent of reducing 140 diesel cars a month and around 1,700 such cars a year from Mumbai’s roads. In what is, perhaps, the largest renewable energy project in the city, a housing society in the Mumbai suburbs is looking at cutting its electricity bill by 70% by generating 700-kW solar energy […] Read more
India, Denmark agreement on Wind Cooperation Approved Updated On Tue, Apr 16th, 2019 by Saurenergy India and Denmark’s agreement on Wind Energy, signed in March, was formally approved in a cabinet meeting chaired by Prime Minister Narendra Modi yesterday. Prime Minister Narendra Modi chaired a union cabinet meeting where it gave approval for a cooperation agreement between Ministry of New and Renewable Energy (MNRE) and Denmark’s Ministry for Energy, Utilities […] Read more
Petronas makes India Play with Amplus Energy Acquisition Updated On Tue, Apr 16th, 2019 by Saurenergy By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […] Read more
