Tata Power’s Renewable Biz Shines in Q3 FY19; Now Brings Rooftop Offer to Cochin Updated On Wed, Jan 30th, 2019 by Saurenergy During the quarter, its consolidated revenue rose by 16 percent at Rs 7,571 crore as compared to Rs 6,506 crore last year. Country’s one of the leading integrated power company, Tata Power’s renewable energy business showed impressive growth during the October-December quarter of FY19 as its consolidated EBITDA grew by 9 per cent to Rs […] Read more
Samsung’s Bengaluru R&D Centre Switches to Solar Energy Updated On Wed, Jan 30th, 2019 by Saurenergy Through ‘energy wheeling’, the solar farm adds the required power to the state electricity grid and SRI-B in turn, receives an equal amount of power from the local electricity grid. Samsung’s R&D centre in Bengaluru (SRI-B) has switched to solar power to light up its campus situated in the country’s IT capital. The campus which […] Read more
Government Lowers Import Duty on EV Components Updated On Wed, Jan 30th, 2019 by Saurenergy The Central Board of Indirect Taxes and Customs (CBIC) has carved out a separate category for parts and components of an electric vehicle for which customs duty has been lowered to 10-15 percent. To promote domestic assembling of electric vehicles, the government has lowered customs duty on import of parts and components of such vehicles […] Read more
Farmers Granted Option to Pick Solar-Powered Tube-Wells Updated On Tue, Jan 29th, 2019 by Saurenergy 75 percent cost of the solar connection will be borne by the state government in the form of subsidy. The Dakshin Haryana Bijli Vitran Nigam (DHBVN) has rolled out the facility of solar-powered tube wells for farmers across the state. At a price point which will be nearly 40 percent less than the conventional systems […] Read more
Corporate Clean Energy Buying Surged to New Record in 2018 : BNEF Updated On Tue, Jan 29th, 2019 by Saurenergy Corporations bought a record amount of clean energy through power purchase agreements (PPA) in 2018, shattering the previous record set in 2017 a new report by BNEF found. BloombergNEF has revealed in its 1H 2019 Corporate Energy Market Outlook, that around 13.4 GW of clean energy contracts were signed by 121 corporations in 21 different […] Read more
China Added 44.3 GW of Solar and 20.59 GW of Wind Capacity in 2018 Updated On Mon, Jan 28th, 2019 by Saurenergy Total capacity, including hydro and biomass as well as solar energy and wind power, rose to 728 GW by end-2018, the NEA said during a briefing. According to official numbers, China’s renewable energy capacity increased by 12 percent in 2018 year-on-year compared to 2017. The leading country in the world for both solar and wind […] Read more
BESCOM Floats Tender For 100 EV Charging Stations in Bengaluru Updated On Mon, Jan 28th, 2019 by Saurenergy The last date of bid-submission is February 20, 2019. The Bangalore Electrical Supply Company (BESCOM) has recently issued a tender for setting up of 100 electric vehicle charging stations in Bengaluru. With this, it joins other neighbouring states which have started pushing out for EV charging in key cities, notably Hyderabad in Telangana. While the […] Read more
Kerala Transitioning to Renewable Energy Resources: Power Minister Mani Updated On Mon, Jan 28th, 2019 by Saurenergy Inaugurating solar energy projects worth Rs 37 lakh, state power minister M.M. Mani said that in an attempt to build energy independence, Kerala has started to shift its focus to renewables. Kerala, well on its way to becoming a 100 percent electrified state, is turning its focus to renewable energy resources. Inaugurating solar energy projects […] Read more
Goa Amends Solar Policy to Grant Solar Prosumers 50% Subsidy Updated On Mon, Jan 28th, 2019 by Saurenergy Small and large prosumers will now receive a 50 percent subsidy instead of the earlier proposed interest-free loan. To further incentivise the generation and adoption of solar power in the state, the Goa government has approved the amendments to the Goa State Solar Policy 2017. The solar policy with proposed amendments was issued last month […] Read more
