Magenta Power Sets-up India’s 1st Solar Powered EV Charging Station; Mulls to Expand by Year End Updated On Wed, Jun 13th, 2018 by Saurenergy The company also has aggressive plans in EV space and aims to set up 100 charging stations at various locations in Mumbai. It is also in discussions with various stakeholders to this end. One of the leading service providers of renewable energy solutions, Magenta Power in association with Exicom installs country’s first solar charging station […] Read more
Scorchio – Solar Energy is on the Up So too are Associated O&M Costs Updated On Wed, Jun 13th, 2018 by Saurenergy The Early May Bank Holiday weekend saw record temperatures across the UK, with many southern and eastern counties experiencing hotter weather than the Mediterranean. Such was the weekend heatwave that solar power transpired to be the dominant energy source between 12.15 and 3.15 on the Sunday, producing more power that the conventional energy generation sources, […] Read more
BHEL Gets EPC Orders Worth Over Rs 125 Cr to Set-up Solar PV Plants in Gujarat Updated On Tue, Jun 12th, 2018 by Saurenergy The company has bagged the first order from Gujarat Alkalies and Chemicals Ltd (GACL) for setting up of a 20 MW SPV power plant. State-owned Bharat Heavy Electricals Ltd (BHEL) has won the two orders in Gujarat worth aggregating more than Rs 125 crore for setting up of Solar Photovoltaic (SPV) power plants on Engineering, Procurement […] Read more
Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
Surat to be India’s First Smart City with Solar Power Updated On Tue, Jun 12th, 2018 by Saurenergy Under the Mission, the SMC with the investment of whooping Rs 2908 crore, are implementing the development works in the city. The consultative committee members of the Ministry of urban development are on a visit to the city of Surat where they visited multiple projects that are being implemented by Surat Municipal Corporation (SMC) under […] Read more
Duty Concerns, ISTS Issues May Delay Solar Auctions Updated On Mon, Jun 11th, 2018 by Saurenergy NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […] Read more
Finland’s Fortum to sell 54% Stake in Indian Projects Updated On Fri, Jun 8th, 2018 by Saurenergy “This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […] Read more
SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project Updated On Fri, Jun 8th, 2018 by Saurenergy Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […] Read more
Under KUSUM Scheme, Govt. to Provide 2.75 Million Solar Pumps to Farmers Updated On Fri, Jun 8th, 2018 by Saurenergy “Initially the solar-pumps will be distributed as per the demand from each region but at the later stage, if required, we will provide more pumps,” power minister R K Singh. Under the first phase of Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) scheme that is to be launched by July 2018, the government will provide 2.75 million […] Read more
