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Tata Power Q1 Net Profit Jumps Four-Fold to Rs 1,735 Cr

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 […]

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New Energy Solar to Buy 87 MW Beryl Project from First Solar

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 […]

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Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme

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. […]

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MIDHANI Sets up 4 MW Solar Power Plant

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 […]

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Invenergy to Power Facebook’s Oregon Data Center with Solar Power

Further, Invenergy will supply 100 MW of solar power from two separate projects located in Crook County, Oregon, near Facebook’s Prineville Data Center. North America’s renewable energy firm, Invenergy has entered into partnership with Pacific Power, a division of PacifiCorp, to help support the social media giant Facebook’s data center in Prineville, Oregon with renewable energy. Further, Invenergy will […]

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PV + Energy Storage will be Cheapest Energy Soln in 10 Years: Li Zhenguo

Once the economic efficiency of the PV and energy storage is realized, traditional fossil fuels will be quickly replaced, Li said. China-based LONGi Group President Li Zhenguo said that within ten years, photovoltaic plus energy storage will become the cheapest energy solution. He was speaking at the 9th China-Germany Economic and Technical Cooperation Forum in […]

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Tata Power Solar Gets ‘Solar PV EPC Company of the Year’ Award

The company was adjudged winner as ‘Solar PV EPC Company of the Year’ on the basis of rigorous assessment by a jury on various parameters of management. Integrated solar company & Tata Power’s arm, Tata Power Solar has won the coveted India Solar Week 2018 for its outstanding contribution to industry development in the Solar […]

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