Tata Power Launches ‘Know Your Electricity Consumption’, daily energy management tool for consumers Updated On Wed, Oct 31st, 2018 by Saurenergy In a unique move to help its Consumers take better control of their energy usage, Tata Power, India’s largest integrated utility rolled out a new service ‘Know Your Electricity Consumption’ that allows its customers to view their power consumption trend through an online dashboard. The company in a statement issued to the media said, Consumers […] Read more
ACME Solar Appoints Barclays, JPMorgan for private InvIT Updated On Wed, Oct 31st, 2018 by Saurenergy So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […] Read more
Solar Panels for Bottling Giant Updated On Wed, Oct 31st, 2018 by Saurenergy Soft drink bottling giant Coca-Cola Amatil is preparing for a 10,000 solar panel rollout across its operations. Energy company Verdia is responsible for the power upgrade, which will consist of a 3.5-megawatt solar PV system. The solar power system will be installed across three sites, in three different states over the span of eight to […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Amendment 02 for Setting up of 02 mw Solar Power Project with 01 mwh BESS at Kaza, Himachal Pradesh Updated On Tue, Oct 30th, 2018 by Saurenergy This has reference to the RfS No. SECI/C&P/KAZA/042018 Dated 31.07.2018 for Setting up of 2 MW Solar PV power plant with 01 MW BESS at KAZA, HIMACHAL PRADESH. Tender for Design, Engineering, Supply, Construction, Erection, Testing, Commissioning including 5 Years Plant O&M of 2 MW (AC) Solar PV Power Plant with 01 MW BESS at KAZA, […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
Automation, Digitalization and Intelligence, CHINT Redefines Low Voltage Industry Updated On Tue, Oct 30th, 2018 by Saurenergy Due to the continuous increase of labor cost in recent years, there is a worldwide trend that more and more automatic, digital and intelligent facilities are used to make up for the loss of capacity and efficiency, as well as to improve the product quality. Since 2015, it took 3 years and RMB 200 million […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
HPL Electric & Power Q2 Net Surges 26.1% to Rs 7.8 Cr Updated On Tue, Oct 30th, 2018 by Saurenergy “The consolidated net profit after taxes (PAT) of the company stood at Rs 6.2 crore during the corresponding quarter a year ago,” said HPL Electric & Power. One of the country’s leading electric equipment maker, HPL Electric & Power reported an increase of 26.1 per cent in its consolidated net profit after taxes (PAT) at […] Read more
