“Govt. should do away with all financial subsidies for the solar biz”, Rahul Gupta, Rays Experts Updated On Fri, Sep 25th, 2020 by Saurenergy Rays Experts, an early entrant to the solar sector in 2011, has been a quite and dependable performer. Focused mainly on EPC and rooftop work till recently, the firm just inaugurated the first 10 MW of its solar park in Haryana, a first for the state too. We spoke to Rahul Gupta, MD &CEO, who […] Read more
“Draconian” Rule in Proposed Changes For Consumers To Hit Solar Sector: EPC Firms Updated On Fri, Sep 18th, 2020 by Saurenergy The Ministry of Power has recently issued the draft rules providing for the ‘Rights of Electricity Consumers’ for the very first time. However, one provision included in the draft rules has managed to roil up smaller solar EPC companies at a key proposal within the rules. The power ministry stated that “having provided access to […] Read more
15 years On, Ginlong Solis Is A Solar Champion Updated On Wed, Sep 9th, 2020 by Saurenergy 2020 might be a year most firms would like to forget, but for Ginlong Solis, the global inverter manufacturer, the year remains a key milestone on the firm’s journey to an ever-growing role in the global solar market. This year marks the firm’s 15th year of operations, a journey every stakeholder can look back with […] Read more
RattanIndia Sells Solar Assets Worth 306 MW to GIP for Rs 1670 Crore Updated On Thu, Sep 3rd, 2020 by Saurenergy The RattanIndia Group has sold its solar plants and assets with a combined capacity of 306 MW to GIP for around Rs 1,670 crore. The RattanIndia Group has announced that it has sold its solar plants and assets with a combined capacity of 306 MW to Global Infrastructure Partners (GIP) for around Rs 1,670 crore. The group has […] Read more
Indian Railways Begins Talks With key Solar Industry Players Updated On Sat, Aug 29th, 2020 by Saurenergy Piyush Goyal has held a meeting with stakeholders in the solar sector and discussed innovative solutions for setting up solar projects along railways tracks. As part of the Indian Railways‘ plan to become a net-zero carbon emitter by 2030, Railway Minister Piyush Goyal has held a meeting with stakeholders in the solar power sector and discussed innovative […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business Updated On Thu, Aug 13th, 2020 by Saurenergy Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […] Read more
Vestas Reports 67% Increase in Revenue for Q2 2020 Updated On Wed, Aug 12th, 2020 by Saurenergy Vestas has issued its financial report for Q2 2020, reporting revenue of EUR 3,541 million – an increase of 67% compared to the year-earlier period. Global wind energy major Vestas has issued its interim financial report for the second quarter (Q2) of the financial year 2020. The firm has shown a strong performance in spite […] Read more
SCCL’s Solar Push Reaches 40 MW with 30 MW Manuguru Sync Updated On Fri, Jul 31st, 2020 by Saurenergy Singareni Collieries Company Limited (SCCL) Chairman and Managing Director N Sridhar (IAS) announced yesterday that the coal company has successfully completed the synchronisation of a 30 MW solar power plant at Manuguru, close to the site of its richest mines in Telangana. With this, out of the phase-I production of 129 MW, the SCCL has […] Read more
