SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment Updated On Fri, Feb 16th, 2018 by Saurenergy This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […] Read more
Swelect Energy Systems Net Surges 38.8% in Dec Quarter Updated On Fri, Feb 16th, 2018 by Saurenergy Swelect Energy’s net profit jumps 83.2 per cent to Rs 6.65 crore in December quarter of FY18, as compared to its net profit of Rs 3.63 crore in September quarter of FY18. Solar power products manufacturer, Swelect Energy Systems Ltd has reported a significant growth of 38.8 per cent in its standalone net profit after […] Read more
Tamil Nadu Among Nine Global Market Leaders in Renewable Energy Updated On Fri, Feb 16th, 2018 by Saurenergy Wind and solar accounted for 14.3 percent of Tamil Nadu’s total electricity generation in 2016-17. The state leads India in variable renewables market share. It also leads India in installed renewable energy capacity. Tamil Nadu figures in the list of nine major global power markets in renewable energy, according to a new research by […] Read more
Eastman Auto and Power Launches Grid Tie Solar PV Inverter in India Updated On Thu, Feb 15th, 2018 by Saurenergy Grid Tie Solar PV inverters are designed to adhere to extreme weather conditions with maintenance efficiency. Solar solutions provider Eastman Auto and Power Ltd (EAPL) said it has launched its one of the most advanced ‘State of the art Grid Tie solar PV inverter’ in the Indian market. The company said in a statement that […] Read more
Hartek Power Crosses 1k MW Milestone in Solar Installation Updated On Thu, Feb 15th, 2018 by Saurenergy With other 285 mw projects under execution, the company is expecting to reach the 1,500 mw-mark by March 2018. Punjab-based Hartek Group said that its power system arm, Hartek Power, has crossed the milestone of 1,000-mw capacity in solar installations on pan India basis. The company in a statement said, “From 598 mw capacity as […] Read more
SCCL to Set up First Solar Power Plant in Telangana Updated On Thu, Feb 15th, 2018 by Saurenergy The SCCL authorities have decided to coordinate with the Solar Energy Corporation of India (SECI) to set up the solar power panels and start generating electricity. State-owned coal miner the Singareni Collieries Company Ltd (SCCL) is planning to set up its first solar power plant of 50 MW capacity in Ramagundam-3 division of the Godavarikhani […] Read more
Trina Solar Announces New Efficiency Record for IBC Cell Updated On Thu, Feb 15th, 2018 by Saurenergy According to Trina Solar, the 6-inch solar cell reached a total-area efficiency of 25.04% as independently measured by JET in Japan. Trina Solar announced the achievement of 25.04% total-area efficiency for the IBC cell, at its State Key Laboratory (SKL) of PV Science and Technology (PVST) in China. The IBC solar cell is the most […] Read more
Piyush Goyal: NLC India to Bid for Railways’ Solar Projects Updated On Thu, Feb 15th, 2018 by Saurenergy NLC entered into the solar sector with the commissioning of a 140 MW plant at Neyveli. In a significant development, Union minister Piyush Goyal said state-owned NLC India is working hard to bid for Indian railways’ solar projects. According to the Minister, Indian Railways will start bidding process soon, “for expanding solar footprint of railways […] Read more
APS Teams with First Solar on Plant with Battery Storage Updated On Tue, Feb 13th, 2018 by Saurenergy Arizona is considered a big solar state with close to 300 days of sunshine annually. Arizona’s largest electric utility is teaming with one of the leading US-based solar panel makers to develop a solar power field matched with battery storage. Arizona Public Service Co. and Tempe-based First Solar have announced they will build the solar […] Read more
