Solar Power Developer Hindustan Powerprojects Caught Evading Tax of Over Rs 1350 Cr Updated On Tue, Apr 23rd, 2019 by Saurenergy During search and seizure operations conducted against Hindustan Powerprojects, a company owned by the nephew of Madhya Pradesh chief minister Kamal Nath, the Income Tax department detected tax evasion of more than Rs 1,350 crore. The Central Board of Direct Taxes (CBDT) has revealed that the raids were conducted earlier this month at offices of the solar […] Read more
Johns Hopkins University Commits to Solar Energy Updated On Tue, Apr 23rd, 2019 by Saurenergy The 15-year agreement will allow Johns Hopkins to meet roughly two-thirds of the university’s overall electricity needs with solar power. Marking the largest commitment to solar energy in Maryland and one of the most significant pledges to greenhouse gas reduction in higher education, Johns Hopkins University has entered into a long-term agreement to supply its […] Read more
Amplus Inks Pact with Kongsberg to Digitalize Solar Asset Lifecycle Updated On Tue, Apr 23rd, 2019 by Saurenergy “This partnership with Kongsberg Digital is another step in our endeavor to channelize the power of technology to maximize solar performance,” he added. Gurgaon-based Amplus Energy Solutions has entered into an Memorandum of Understanding (MoU) with Norway’s Kongsberg Digital to utilize its efficiency enhancing applications – Kognifai. As per the deal, Amplus will explore opportunities […] Read more
Need to Look Beyond Green Bonds and Grants, to Risk Capital Updated On Tue, Apr 23rd, 2019 by Saurenergy India’s per capita consumption is at 1/3 of global standards. In effect, helping the world lower its overall energy consumption rather than increasing it. Plastic usage remains among the lowest, notwithstanding the visible pollution we see around us. There is just 4% air conditioning penetration in India. As India moves up or catches up with […] Read more
Rising Oil Prices. The Good And Bad for Renewables Updated On Tue, Apr 23rd, 2019 by Saurenergy Typically, sector enthusiasts for renewables don’t mind higher oil prices, as it helps make the case for renewables stronger. In fact, some of the biggest investments in EV’s were made when oil prices were threatening to spike to $75 plus levels. The situation is a lot more complicated today. As things stand, the renewables economy […] Read more
SECI Issues Tender For 100 MW Solar Power Plants at SCCL Updated On Tue, Apr 23rd, 2019 by Saurenergy The last date for bid submission is June 7, 2019. The Solar Energy Corporation of India (SECI) has issued the tender for the development of cumulative 100 MW solar PV power plants at the Singareni Collieries Company (SCCL) in Telangana. The nodal agency had issued the Notice Inviting Tenders (NIT) for the project last week […] Read more
ILFS close to a deal with GAIL for Wind Assets at Rs 4700 crores Updated On Tue, Apr 23rd, 2019 by Saurenergy Public Sector Gas Utility GAIL has made the highest offer for the wind assets of scam-hit ILFS In a release from ILFS, the New Delhi based public sector gas major, Gas Authority of India Limited (GAIL) has made the highest binding bid for its wind assets. The deal, if consummated, would include seven wind power […] Read more
Interview with Mayank Mishra, Regional Sales Director, Huawei Technologies Co. Ltd. Updated On Mon, Apr 22nd, 2019 by Saurenergy Necessary to Put More Efforts on Innovation It is very much necessary to put more and more efforts in innovating the new solutions which can help our customers to get more value from solution. Currently Huawei Smart PV Business has five R&D (“Research and Development”) centers specifically for inverter products around the world with more […] Read more
Growatt Hikes Investment in India’s Growing Rooftop Solar Market Updated On Mon, Apr 22nd, 2019 by Saurenergy It also added that, if policy and financing support comes in, rooftop installations will take off for sure. Buoyed by the growth of Indian rooftop solar market, China-based PV-solar inverters maker Growatt has started increasing its investment in the country. Speaking on the investment, Growatt, Regional Director, Rucas Wang said, “Indian solar market is on […] Read more
