Rating Agency ICRA Predicts 7-7.5 GW Solar Capacity Additions this Financial Year Updated On Wed, Apr 24th, 2019 by Saurenergy Rating agency ICRA said on April 23 that it has estimated 7-7.5 GW solar power capacity addition during the current financial year, which includes 1 GW of rooftop solar. “The domestic solar power capacity addition is expected at around 7 GW to 7.5 GW (including around 1 GW of rooftop solar capacity) in FY 2020 as […] Read more
E.ON and Kyuden Mirai Energy to Co-Develop Offshore Wind Projects in Japan Updated On Wed, Apr 24th, 2019 by Saurenergy E.ON intends to transfer its experience and technical know-how from its 1.8 gigawatts (GW) installed offshore wind capacity from Europe to Japan. E.ON and Kyuden Mirai Energy have signed a cooperation agreement to jointly develop offshore wind projects in Japan. The cooperation is focused on fixed bottom projects and starts with a study to jointly […] Read more
CleanMax Solar Secures Rs 275 Cr Investment From UK Climate Investment Updated On Wed, Apr 24th, 2019 by Saurenergy Mumbai-based solar power developer CleanMax Solar has raised Rs 275 crore in equity funding from UK Climate Investments (UKCI). UKCI will underpin the development of a nationwide network of solar farms following the agreement to invest £30 million in one of India’s leading providers of renewable energy for commercial and industrial clients, CleanMax Solar. Founded […] Read more
Facebook, Dominion Energy to Add Six New Solar Facilities Updated On Tue, Apr 23rd, 2019 by Saurenergy Further, these solar projects are expected to become operational by mid-2020 and all of them are in addition to the two previously announced 240 MW solar projects. In a bid to go green with solar, social networking giant Facebook and US-based Dominion Energy has partnered to add 6 new solar facilities with total capacity of 350 MW. […] Read more
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
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
Duke Energy Completes Acquisition of 150 MW Solar Project From Clearway Energy Group Updated On Tue, Apr 23rd, 2019 by Saurenergy The project becomes the companies sixth solar generation facility in Kern County. Duke Energy Renewable, a wholly-owned subsidiary of North Carolina based power holding company Duke Energy has acquired the 150-megawatt (MW) North Rosamond solar project in Kern County, California from Clearway Energy Group. The project becomes the companies sixth solar generation facility in Kern […] 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
Touchdown – Solar Power Makes a Smooth Landing at Indian Airports Updated On Mon, Apr 22nd, 2019 by Saurenergy With over 100 operational airports, civil aviation in India has emerged as one of the fastest growing sectors in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India’s passenger traffic grew at 16.52 per cent year on year to reach a whopping […] Read more