Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more
Results of E-Bidding and E-RA for 1200 mw ISTS-Connected Wind Power Projects (Tranche-v) Updated On Sat, Oct 27th, 2018 by Saurenergy SOLAR ENERGY CORPORATION OF INDIA LIMITED Selection of 1200 MW ISTS-connected Wind Power Projects (Tranche-V) (RfS No: SECI/C&P/WPD/1200MW/T5/RfS/022018 dated 30.06.2018) After Technical Bid Opening After e-Reverse Auction (held on 25.09.2018) Sl. No. Bidder’s Name Capacity (MW) Bidder’s Name Bidder’s Quantity (MW) Tariff (INR/kWh) Awarded capacity (MW) 1 Alfanar Company 300 Torrent Power Limited 115 2.76 […] Read more
Walmart, SunPower Sign 23 MW Solar Pact Updated On Wed, Oct 24th, 2018 by Saurenergy As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019. Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […] Read more
Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA Updated On Wed, Oct 24th, 2018 by Saurenergy The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […] Read more
Nestlé Waters NA, ENGIE Resources Ink Renewable Energy Deal Updated On Wed, Oct 24th, 2018 by Saurenergy As per the deal, ENGIE will supply over 50 percent of the energy needed for NWNA’s manufacturing and distribution facilities in Texas. Bottled waters supplier Nestlé Waters North America (NWNA) has entered into a renewable energy pact with ENGIE Resources, a subsidiary of ENGIE North America. As per the deal, ENGIE will supply over 50 percent […] Read more
Marathon Capital Sells OCI Solar Power’s 66MW Project Ivory to DESRI Updated On Tue, Oct 23rd, 2018 by Saurenergy The project, located in Dawson County, Texas, is anticipated to reach commercial operation in November 2018. One of the leading financial advisory and investment banking firm Marathon Capital has sold OCI Solar Power’s 66 MWDC in-construction solar photovoltaic project (Project Ivory) to D. E. Shaw Renewable Investments (DESRI). However, the company said that, OCI Solar Power funded the […] Read more
Viz-A-Viz with Kapil Maheshwari, CEO, Hinduja Renewables Energy Pvt Ltd Updated On Sat, Oct 20th, 2018 by Saurenergy Q. To begin with, how do you see your journey with Renewables Industry? I started my journey in Renewables Energy from the days of completing my masters from IIT, Bombay. Since then I am part of this industry in geographies like US, Germany and India. Started my journey as Design Engineer in RE Industry and […] Read more
New Material, Manufacturing Process use Sun’s Heat for Cheaper Renewable Electricity Updated On Sat, Oct 20th, 2018 by Saurenergy Solar power accounts for less than 2 percent of U.S. electricity but could make up more than that if the cost of electricity generation and energy storage for use on cloudy days and at nighttime were cheaper. A Purdue University-led team developed a new material and manufacturing process that would make one way to use solar power […] Read more
D. E. Shaw Renewable Investments Acquires Willow Springs Project from First Solar Updated On Thu, Oct 18th, 2018 by Saurenergy 100MWAC project adds to DESRI’s portfolio of PV assets First Solar, Inc. (Nasdaq: FSLR) and D. E. Shaw Renewable Investments, L.L.C. (DESRI) today announced the acquisition by a DESRI affiliate of the 100 Megawatt (MW)AC Willow Springs Solar Project in Kern County, California. Terms of the deal were not disclosed. The project, which was developed by First […] Read more
