Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL Updated On Mon, May 27th, 2019 by Saurenergy The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […] Read more
Adani Solar Aiming For 50% Market Share by 2021 Updated On Mon, May 27th, 2019 by Saurenergy Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […] Read more
QTS to Procure Power From 2 Wind Energy Projects Updated On Sat, May 25th, 2019 by Saurenergy QTS has purchased environmental attributes from Rio Bravo Wind in Starr County, Texas and Radford’s Run Wind Farm in Macon County, IlI to equal 100% of the projected power consumption of the data centers. QTS Realty Trust, a leading provider of hybrid colocation and megascale data center solutions has announced that, together with Citigroup Energy […] Read more
Rural Electrification Corporation Posts Q4 Profit Rise of 50% Updated On Sat, May 25th, 2019 by Saurenergy The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […] Read more
MNRE Mulling Over Public Portal To Disclose Payment Delays by Discoms Updated On Fri, May 24th, 2019 by Saurenergy MNRE may open an online portal to publicly disclose the status of Discoms’ payments. The Ministry of New and Renewable Energy (MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms). The move is expected to usher in more transparency in pending payments. […] Read more
ADB Agrees To Help Finance 100-MW Solar Project in Cambodia Updated On Fri, May 24th, 2019 by Saurenergy The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […] Read more
Generic Tariff For Solar Projects Set at Rs 3.94-4.06/kWh in Himachal Pradesh Updated On Fri, May 24th, 2019 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) has set the generic levelised tariffs for solar PV projects in the state for a period of six months between October 1, 2019, and March 31, 2020. The generic tariffs have been set under the HPERC (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions […] Read more
Siemens Gamesa Bags 232 MW Order From EDF Renewables Updated On Thu, May 23rd, 2019 by Saurenergy The project order also marks the 1 GW mark for the company’s SG 4.5-145 turbines sales worldwide. Siemens Gamesa Renewable Energy has been award an order by EDF Renewables to supply 30 SG 4.5-145 and 36 SG 2.7-129 wind turbines for the 232 MW Milligan wind project, located in Milligan County, Nebraska. “EDF Renewables is […] Read more
Selecting The Right Solar PV Module: The Endconsumer’ Dilemma! – Part1 Updated On Thu, May 23rd, 2019 by Saurenergy The world we live in is adaptive to technological advancements and energy is no exception. With the world moving towards non-polluting sources, renewable energy sources and especially solar PV (due to its widespread adaptability) shall play a major role in such transformation. Earlier, solar PV technology was only limited to space applications because of its […] Read more
