Magenta Power Launches Academy to Offer Training and Education in Green Energy Solutions Updated On Wed, Apr 17th, 2019 by Saurenergy The training provides practical tools to accelerate green energy deployment, that shall facilitate knowledge sharing and technology transfer to provide clean, sustainable energy for the world’s growing population. Magenta Power, a pioneer in renewable energy solutions and EV charging infrastructure space in India, announces the launch of its academy ‘MITRA’ that shall support Individuals and […] 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
Germany Brings Online Largest Offshore Wind Farm in the Baltic Sea Updated On Wed, Apr 17th, 2019 by Saurenergy Arkona started its power supply to the German national grid in September 2018, and its 60 wind turbines, each producing six megawatts, reached peak production in 2019 Chancellor of Germany Angela Merkel and Norwegian petroleum and energy minister Kjell-Børge Freiberg opened the Arkona offshore wind farm in the Baltic Sea in Mukran on the German […] Read more
ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
Greenam Energy Installs Its 1st Floating Solar Plant at Tuticorin Updated On Tue, Apr 16th, 2019 by Saurenergy Greenam Energy, a wholly owned subsidiary of Singapore-based AM International Holdings, has set up its first floating solar power plant at Tuticorin. The 24 MW floating solar power plant would be one of its kind and is the first floating renewable energy initiative to optimise energy production in industrial plants, a company statement said. “Greenam […] Read more
Oriano Solar Commissions Two Solar Plants For Aditya Birla Renewables Updated On Tue, Apr 16th, 2019 by Saurenergy The firm is currently executing 134.5 MW of solar projects to be commissioned by September 2019 and will surpass cumulative installation of 350 MW by the end of this financial year. Mumbai-based Oriano Solar has commissioned two solar power plants worth18.75 MW capacity located at Rawan (12.5 MW) and Hirmi (6.25 MW) in Chhattisgarh. The company was the Engineering, […] Read more
India’s Solar Sector Expected to Outperform Globally Despite Challenges: Report Updated On Tue, Apr 16th, 2019 by Saurenergy A new report by Fitch Solutions has predicted that the Indian solar power capacity will grow at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. The report highlights that India will continue to outperform rival markets over the next decade as recent problems such […] Read more
CERC Passes Order, GST to be Covered Under “Change in Law” Updated On Tue, Apr 16th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has in its latest order observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under ‘Change in Law’. The commission issued the order in response to a petition filed by Parampujya Solar Energy Pvt. Limited (PSEPL), a […] Read more
Starbucks Invests in Solar Energy to Power 360 Stores in Texas Updated On Tue, Apr 16th, 2019 by Saurenergy Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 […] Read more
