Smart Meters in Rural India a Win-Win Soln for All: ADB Updated On Mon, Oct 29th, 2018 by Saurenergy ADB decided to support a USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India. International development finance institution Asian Development Bank (ADB) is mulling to scale up satellite communication technology based smart meters projects as it finds it to be a win-win solution for various stakeholders, including […] Read more
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
Risen Energy Wins 50MW PV Contract from Bitexco Group’s Arm Updated On Fri, Oct 26th, 2018 by Saurenergy The electricity generated by the project will be provided to EVN, the Vietnamese state grid. Australia-based solar PV panels maker Risen Energy has won the bid for the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group’s subsidiary Thap Cham Solar. The company said in a statement that, combined with the contracts won by […] 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
India’s Rooftop Solar Market – High on Opportunities and Loaded with Challenges Updated On Wed, Oct 24th, 2018 by Saurenergy Experts from the industry, policy makers and market researchers will share their experience and views and suggest the ways to accelerate the market during three rooftop conference sessions at Intersolar India on December 11-13, 2018 in Bangalore. Net metering was introduced in India as a measure to make rooftop solar more accessible and economical for […] Read more
Green Climate Fund Invests $1 Bn for Developing Countries Updated On Tue, Oct 23rd, 2018 by Saurenergy The 19 new projects amount to a total investment from GCF of USD 1,038 million, and including co-financing the projects will channel over USD 4,244 million of climate finance for low-emission, climate-resilient development. The Green Climate Fund (GCF) in its 21st board meeting in Bahrain has approved over one billion dollars of new projects and […] Read more
India, Bahrain, Lesotho, SA Clinch UN’s Top Honour for Investment Promotion Updated On Tue, Oct 23rd, 2018 by Saurenergy Invest India received the award for excellence in servicing and supporting a major global wind turbines company in the establishment of a blade manufacturing plant in India while committing to train local staff and produce 1 gigawatt of renewable energy. In another significant development, the agencies – Invest India, Bahrain Economic Development Board (EDB Bahrain), Lesotho […] Read more
GCL Strengthens Solar Projects Within ‘Belt and Road’ Countries Updated On Tue, Oct 23rd, 2018 by Saurenergy At the 2018 International Forum on Energy Transitions (the “Forum”) in Suzhou, China, Mr. Zhu Gongshan, Chairman of GCL Group (the “Group”), and Mr. Luo Xin, President of GCL System Integration Technology Co., LTD. (SZ: 002506) (“GCL-SI”), the world’s leading one-stop solutions provider for solar projects, offered an update on the Group’s growth and expansion in […] Read more
Viz-A-Viz with Shravan Sampath, Founder, Oakridge Energy Solutions Updated On Mon, Oct 22nd, 2018 by Saurenergy Q. As an EPC how do you see the growth journey of solar in past few years? Government of India has set an ambitious target of 40,000 MW of rooftop solar capacity to be achieved by 2022. While this is ambitious, it is not impossible to achieve either. The recent fall in the drop of […] Read more
