Avaada Power to Invest Rs 10k cr to Set Up 1,600 MW Solar Projs in UP Updated On Thu, Feb 22nd, 2018 by Saurenergy The company’s projects will help the state in meeting its annual target of 2,000 MW production capacity of solar energy. Avaada Power, a clean energy company, has entered into a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 10,000 crore in setting up 1,600 MW solar projects. […] Read more
ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […] Read more
Solar Home Lighting System Powers Rural India Updated On Wed, Feb 21st, 2018 by Saurenergy With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […] Read more
Uttar Pradesh Investors’ Summit 2018: Uflex to Invest Rs 1,200cr on Solar Project Updated On Wed, Feb 21st, 2018 by Saurenergy Uflex Limited, India’s largest flexible packaging materials company plans to invest Rs1,700 crore to enhance its manufacturing capacity and set up a solar power project in Uttar Pradesh Prime Minister Modi inaugurated two–day Uttar Pradesh Investors’ Summit 2018 in Lucknow. The event organized by Uttar Pradesh Government is aiming to showcase the investment opportunities and […] Read more
Telangana to Develop Solar Power Storage in Batteries Updated On Wed, Feb 21st, 2018 by Saurenergy Telangana is now planning to develop solar power storage with the help of battery assisted system. Surpassing all Indian states, Telangana has topped the country by achieving 3,250 MW solar power capacity, an official said. At present, Telangana is followed by Rajasthan with 2,250 MW, Andhra Pradesh with 2,045 MW and Gujarat with 1,715 MW […] Read more
Cabinet to Vet Rs 48,000 Crore KUSUM Scheme for Solar Power by March Updated On Tue, Feb 20th, 2018 by Saurenergy KUSUM will also improve the present scheme for rooftop solar systems. The government is enlarging the scope of the existing scheme and its mechanism, he said adding that the government is thinking of beginning KUSUM with 7.5 lakh solar pumps. In a significant development, the Rs 48,000-crore KUSUM scheme to promote the use […] Read more
ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas Updated On Tue, Feb 20th, 2018 by Saurenergy 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 […] Read more
Enel Begins Operations at 103 MW Solar Park in Brazil Updated On Tue, Feb 20th, 2018 by Saurenergy 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 […] Read more
International Solar Alliance, India’s Brainchild Shaping the Global Solar Industry Updated On Sat, Feb 17th, 2018 by Saurenergy The International Solar Alliance (ISA) aims at increasing solar energy deployment in member countries at an affordable rate, create solar grids and establish solar credit mechanism. When we talk about tackling climate change, the biggest developments are in the offing. The aim is to adopt clean energy sources and to move towards a fossil-free future […] Read more
