Swap Kerosene Subsidies for Solar To Improve Power Supply: Report Updated On Thu, Apr 18th, 2019 by Saurenergy The Clean Energy Swap, as per the study, supports kerosene to solar swap that will reallocate finances away from kerosene, promoting cleaner lighting fuels for unelectrified or underserved consumers. An independent study by the International Institute for Sustainable Development (IISD) and The Energy and Resources Institute (TERI) shows that switching subsidies from kerosene to off-grid […] Read more
LONGi To Invest US$875 Million for Production Capacity Expansion in 2020 Updated On Thu, Apr 18th, 2019 by Saurenergy The company had recently announced a new 1GW mono-Si cell plant would be built in Malaysia at the Shama Jaya Free Industrial Park, Kuching City, Sarawak, Malaysia at a cost of approximately US$125.5 million. Leading monocrystalline wafer producer LONGi Green Energy Technology is planning to invest around US$875.7 million in expanding its Czochralski-based monocrystalline silicon […] Read more
Delhi Metro Plans to Run All Operations on Solar Energy by 2021 Updated On Wed, Apr 17th, 2019 by Saurenergy The corporation will start getting 99 MW solar energy from the 750 MW Solar Power Park in Rewa, Madhya Pradesh from May 2019. Delhi Metro Rail Corporation (DMRC) which currently meets nearly 60 percent of its electricity needs from solar energy, plans to drive up that number to meet all its energy needs from clean […] Read more
Sterling & Wilson Solar files for Rs 4,500 crore-IPO with SEBI Updated On Wed, Apr 17th, 2019 by Saurenergy The company’s revenue from operations in the first nine months of 2018-19 went up by 83 % to Rs 5,915 crore while net profit jumped 98 % to 343 crore during the period. Shapoorji Pallonji Group’s renewable energy arm Sterling and Wilson Solar today filed Draft Red Herring Prospectus (DRHP) with market regulator Securities and […] Read more
Vestas to Acquire Minority Stake in Renewable Project Developer Sowitec Updated On Mon, Apr 15th, 2019 by Saurenergy The acquisition is expected to be finalised during the second quarter of 2019 and will have no significant impact on Vestas earnings. To support Vestas’ strategy and increase its capability to partner with its customers in project development in selective markets, Vestas has announced the acquisition of a 25.1 percent minority stake in Sowitec with […] Read more
Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
CEL Issues Tender For Solar Power Evacuation in Maharashtra Updated On Mon, Apr 15th, 2019 by Saurenergy The estimated cost of the complete project is Rs 2.5 crores. The Central Electronics Limited (CEL) has issued a tender for the commissioning of solar power evacuation work at three substations of Maharashtra State Electricity Distribution Company (MSEDCL) with the requirement of solar power plant construction. The scope of work for the selected bidders will […] Read more
WeikField Foods takes a Step Towards Sustainability on their Foundation Day Updated On Fri, Apr 12th, 2019 by Saurenergy Installs 213 kWp rooftop solar power plant, engineered by Sunshot Technologies WeikField Foods, one of the largest food manufacturers in India, takes yet another step towards sustainability by installing a state-of-the-art 213kWp rooftop solar power plant at their factory in Lonikand near Pune, Maharashtra. The facility is scheduled to be inaugurated tomorrow by Mr. Ashwini […] Read more
SECI Issues Notification For 7500 MW Leh-Kargil Solar Tender Updated On Fri, Apr 12th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a notification for its 7500 MW ultra mega solar PV projects tender in Leh and Kargil, intimating all prospective bidders regarding site identification and visit. “It is to inform all concerned that SECI had meetings with the Addl. Dy. Commissioner, Leh on 25th March 2019, which […] Read more
