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ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas

We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […]

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L&T Q3 Profit Jumps 53%; Gross Revenue up 9.4%; Bags Solar Orders

The company has secured a major order from the domestic market for EPC construction of 250MW (AC) Solar Plant in Rewa district of Madhya Pradesh. India’s largest construction and engineering firm, Larsen & Toubro Ltd, has reported impressive growth of 53 per cent in its consolidated net profit after taxes (PAT) at Rs 1,490 crore for […]

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Alec Energy to Construct 6.5 MW Solar Rooftop Project for Dubai Hills Mall

Alec Energy will be responsible for the system design, sourcing local approvals and construction of the facility. Alec Energy, Alec Engineering and Contracting’s renewable energy unit, has signed off on a contract to construct a 6.5MW rooftop solar plant with Emaar Development for the Dubai Hills Mall project which is currently under construction. According to […]

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Enel Begins Operations at 103 MW Solar Park in Brazil

For this project, Enel Green Power claims to have invested around $110m for the construction of the Horizonte solar park. Italian renewable energy company Enel has begun operations at the 103MW Horizonte solar park in Brazil through its subsidiary Enel Green Power Brasil Participações (EGPB). The solar park is located in the municipality of Tabocas […]

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41 Kerala Schools to Set Up Solar Power Unit in Premises

The schools will have to spend Rs 80,000 for setting up a 2kW solar power unit on their premises. In order to get uninterrupted power supply, around forty one government/aided schools in Kerala will set-up solar power unit in their premises by the end of the current academic year. The move is backed by Agency […]

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French Energy Giant EDF Enters China’s Rooftop Solar Market

According to a joint statement, the two partners will benefit from ACC’s local footprint in distributed solar energy and from EDF Energies Nouvelles’ international distributed solar energy and self-consumption expertise solutions for industries. EDF Energies Nouvelles, the renewable energy arm of French state-controlled utility giant EDF, is to establish a joint venture with clean energy […]

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Scientists Use Nanotechnology to Create Low-Cost Solar Cells

The discovery reveals a simple method to improve the efficiency of all silicon solar cells. In a significant development, a team of scientists at Stanford University, including Indian American researcher Dr. Shrestha Basu Mallick, has shown how nanotechnology can be used to create crystalline silicon thin-film solar cells that are more efficient at capturing solar […]

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Pune Airport Plans to Go Green with 300kwp Solar Power Plant

Pune airport will have a solar power plant by March 31. The tender process for the work has been completed. The total cost of project is Rs.1.27 crore. The Airport Authority of India (AAI) is planning to implement its first 300 kilowatts peak (kWp) solar power plant at the Lohegaon airport soon. “The Pune airport […]

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SunSource Energy Aims to Set-Up 200 MW Solar Park in UP

The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […]

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