Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra Updated On Mon, Jul 30th, 2018 by Saurenergy The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017. India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […] Read more
Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018 Updated On Mon, Jul 30th, 2018 by Saurenergy Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity […] Read more
Over 1,500 Customers Apply for Duke Energy’s North Carolina Solar Incentives Updated On Sat, Jul 28th, 2018 by Saurenergy For an installation of 10 kW or less, the customers will receive a rebate of 60 percent per watt of solar energy production. More than 1,500 customers from North Carolina have applied to redeem incentives of Duke Energy’s Solar Rebate Program. The customers will receive incentives for installing private solar energy systems in first few […] Read more
Chennai-based Swelect to Produce Water from Solar Energy Updated On Sat, Jul 28th, 2018 by Saurenergy Hydro panels are solar cells-fitted panels that use air and sunlight to produce water. Adding to the advancement in solar energy segment, Chennai-based solar technology solutions vendor Swelect Energy Systems partnered with US-based Zero Mass Water to produce, install and sell hydro panels. Hydro panels are solar cells-fitted panels that use air and sunlight to […] Read more
Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr Updated On Fri, Jul 27th, 2018 by Saurenergy Consolidated revenue rose by 16 percent at Rs 7,139 crore as compared to Rs 6,166 crore last year. Country’s one of the leading integrated power company, Tata Power has reported a four-fold jump in its consolidated net profit after tax at Rs 1735 crore during the first quarter of FY19, helped by exceptional gain from […] Read more
EESL Inks Pact with Department of Posts to Distribute Energy Efficient Appliances Updated On Thu, Jul 26th, 2018 by Saurenergy The pact was signed in Chandigarh GPO with an aim to distribute UJALA appliances from all the 770 post offices in a phased manner. Initially, these appliances will be available in 150 post offices in the circle and will gradually extend to all post offices in Punjab and UT. The Energy Efficiency Services (EESL), a […] Read more
New Energy Solar to Buy 87 MW Beryl Project from First Solar Updated On Wed, Jul 25th, 2018 by Saurenergy Currently, the 87 MW Beryl Solar Project is under construction and is expected to start commercial operation in mid-2019. Sydney based New Energy Solar has inked a binding pact to acquire Beryl solar project from First Solar in Australia. The company said in a statement that, “It has entered into binding agreements to acquire the […] Read more
Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme Updated On Mon, Jul 23rd, 2018 by Saurenergy If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […] Read more
MIDHANI Sets up 4 MW Solar Power Plant Updated On Mon, Jul 23rd, 2018 by Saurenergy The solar power plant is spread over 20 acres of land and is expected to generate 7,000 MW hr/year of electricity with a projected saving of Rs 5 crore per year and reduction of 5,600 tonnes of carbon dioxide (CO2) per year. State-owned Mishra Dhatu Nigam (MIDHANI) has set up a 4 MW solar power plant with […] Read more
