Acme Solar takes NTPC to Court Over Tariff dispute Updated On Fri, Nov 16th, 2018 by Saurenergy In a solar auction held by NTPC in August, Acme Solar had won a 600MW project in a total of 2000MW. In the latest fallout from the government imposed safeguard duty on solar panels and modules, Acme Solar has dragged the National Thermal Power Corporation (NTPC) to court over a dispute in tariff. In a […] Read more
Metro Station of the Aqua Line to be Fully Powered by Solar Energy Updated On Fri, Nov 16th, 2018 by Saurenergy Solar panels will be installed over all 21 stations falling on that line, including the parking area and boundary walls. Being the latest addition to the metro network, station on the ‘Aqua line’, connecting Greater-Noida to Noida will be powered by solar energy. The total energy generation from all the station will be 10MW. Solar […] Read more
Suzlon Energy Posts Net Loss at Rs 625.76 Cr in Sept Quarter Updated On Thu, Nov 15th, 2018 by Saurenergy However, it’s consolidated total income from operations grew to Rs 1,221.89 crore during Q2 2018-19, as compared to Rs 1,179.07 crore during the same period last year. Leading wind turbine maker Suzlon Energy reported its consolidated net loss after tax at Rs 625.76 crore in the July-September quarter of FY19. “The consolidated net profit after […] Read more
Adapt or Die – Can Renewables Save the Planet, or Is It Too Late? Updated On Thu, Nov 15th, 2018 by Saurenergy Since the recently held Global Climate Action Summit where global leaders debated the practicalities of taking the climate change battle to the next level, media sources the world over have all been reporting the same thing: if global warming is not kept in check, there will be dangerous environmental and socio economical consequences. The BBC headlined with […] Read more
Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
India’s Solar Capacity Addition to Fall by 55% in FY19 Updated On Wed, Nov 14th, 2018 by Saurenergy However, the rooftop solar market continues to register a robust performance growing at a pace of 70% annually. Renewable energy consultancy firm Bridge to India has painted a grim picture of the solar industry in the country and has claimed that the solar capacity addition in the current FY will be 55% less than it […] Read more
ENGIE Acquires 90% Stake in Simpa Energy India Updated On Wed, Nov 14th, 2018 by Saurenergy ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […] Read more
INSPIRE 2018 Concludes After Three Days of Insightful Deliberations; Showcased Four Unique & Innovative Solutions for Energy Efficient India Updated On Wed, Nov 14th, 2018 by Saurenergy The three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) concluded in New Delhi, today. Organised by Energy Efficiency Services Limited (EESL), a joint-venture of PSUs under the Ministry of Power, Government of India, and the World Bank, the third edition of INSPIRE witnessed participation from over 300 experts and delegates […] Read more
MNRE Issues Draft Scheme on Indian Wind Turbine Certification Updated On Tue, Nov 13th, 2018 by Saurenergy The scheme will not only provide a framework for standards, but also cater to the technical regulations and requirements Consolidating National and International Standards, Ministry of New and Renewable Energy (MNRE) has issued a draft scheme on wind turbines in India. Known as the ‘Indian Wind Turbine Certification Scheme’ (IWTCS), the draft has been prepared […] Read more
