Sterling & Wilson Solar files for Rs 4,500 crore-IPO with SEBI Updated On Wed, Apr 17th, 2019 by Saurenergy The company’s revenue from operations in the first nine months of 2018-19 went up by 83 % to Rs 5,915 crore while net profit jumped 98 % to 343 crore during the period. Shapoorji Pallonji Group’s renewable energy arm Sterling and Wilson Solar today filed Draft Red Herring Prospectus (DRHP) with market regulator Securities and […] Read more
Solar Pumps Sales Projected to Prosper at 11.7% CAGR Until 2027 Updated On Tue, Apr 16th, 2019 by Saurenergy The global sales of solar pumps have been projected to prosper at 11.7 percent CAGR between 2017 and 2027, as India prepares to take centre stage with robust applications in irrigation. A new research report has estimated that the global solar pumps market will reach up from a value of $822 million in 2017 to a value […] Read more
Mumbai Housing Complex Goes Solar, To Reduce Electricity Bill by 70% Updated On Tue, Apr 16th, 2019 by Saurenergy This would be the equivalent of reducing 140 diesel cars a month and around 1,700 such cars a year from Mumbai’s roads. In what is, perhaps, the largest renewable energy project in the city, a housing society in the Mumbai suburbs is looking at cutting its electricity bill by 70% by generating 700-kW solar energy […] Read more
Siemens Gamesa Wins 77 MW Order For Denmark’s Largest Onshore Wind Project Updated On Mon, Apr 15th, 2019 by Saurenergy Siemens Gamesa has signed an order with Eurowind Energy for Thorup-Sletten, the largest onshore windfarm in Denmark to date. The company has signed the agreement for the supply of 18 onshore turbines that will have a total capacity of 77 MW and an electricity production equivalent to the average annual consumption of approximately 65,000 households. […] Read more
China’s CEI, French EDF Group Team Up for Offshore Wind in Jiangsu Province Updated On Fri, Apr 12th, 2019 by Saurenergy China Energy Investment and Electricite de France Group (EDF Group) have signed a deal to jointly develop an offshore wind power project in China’s eastern Jiangsu province. The project is the first offshore wind power venture with both domestic and foreign investment in China. A total of 7.94 billion yuan (US$1.18 billion) will be invested, […] Read more
EDP Deploys Portugal’s First MW-Scale Solar Plus Storage Project Updated On Fri, Apr 12th, 2019 by Saurenergy Portuguese power utility company, EDP has announced that it will deploy its largest solar photovoltaic farm with energy storage in Portugal. The company has signed an agreement with battery maker Exide Technologies. It provides for the deployment of two photovoltaic solar production units, with a total capacity of 3.8 MW, for self-consumption in its facilities […] Read more
MSEDCL Gets Approval to Procure Wind Power From Projects with Expired EPAs Updated On Thu, Apr 11th, 2019 by Saurenergy The Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has been permitted to procure wind power from projects with which its Energy Purchase Agreements (EPA) have expired after the Maharashtra Electricity Regulatory Commission (MERC) approved its petition. MSEDCL had filed its case on February 26, 2019, seeking approval for procurement of power from wind projects whose […] Read more
ReNew Power Commissions 300 MW Solar Plant in Karnataka Updated On Wed, Apr 10th, 2019 by Saurenergy ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully commissioned its 300 MW solar power plant at the Pavagada Solar Park in the Tumkur district of Karnataka. The 300 MW solar installation is now the company’s largest commissioned solar plant in the country in terms of capacity. The plant […] Read more
Growatt Debuts Latest Inverters at Global Trade Shows Updated On Wed, Apr 10th, 2019 by Saurenergy Growatt is showcasing its latest residential and commercial & industrial (C&I) inverters in a series of global trade show events. Growatt, a global leader in inverter technology based out of China, is showcasing its latest residential inverter, Growatt MIN 2.5-6k TL-X and its commercial & industrial (C&I) inverter, Growatt MAX 50-80k in a series of […] Read more
