Botswana Decides to Join ISA: Venkaiah Naidu Updated On Fri, Nov 2nd, 2018 by Saurenergy He was meeting and holding delegation level talks with his Botswana counterpart. The Vice President of India, M. Venkaiah Naidu has said that Botswana announced their decision to join the International Solar Alliance (ISA). He was meeting and holding delegation level talks with his Botswana counterpart, the Vice President and the Acting President of Botswana, […] Read more
LONGi Issues 2018 Q3 Report: Revenue Rose 35.26% Compared to the Same 3 Quarters in 2017 to USD 2.11 Billion Updated On Thu, Nov 1st, 2018 by Saurenergy Yesterday, LONGi Green Energy Technology Co., Ltd. (601012.SH) released its 2018 Q3 financial report, which showed: In the first three quarters of 2018, LONGi realized revenue of USD 2.11 billion, up 35.26% compared to the same 3 quarters in 2017. Net profit attributable to the parent company was USD 242.83 million. LONGi’s revenue has steadily […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
HPL Electric & Power Q2 Net Surges 26.1% to Rs 7.8 Cr Updated On Tue, Oct 30th, 2018 by Saurenergy “The consolidated net profit after taxes (PAT) of the company stood at Rs 6.2 crore during the corresponding quarter a year ago,” said HPL Electric & Power. One of the country’s leading electric equipment maker, HPL Electric & Power reported an increase of 26.1 per cent in its consolidated net profit after taxes (PAT) at […] Read more
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
Low-ceiling tariff by SECI gets auction postponed again for 1200 MW Hybrid Tender Updated On Mon, Oct 29th, 2018 by Saurenergy The main reason was poor response from developers, who claimed to have stayed away mainly because SECI had set a tariff ceiling for the auction at Rs 2.60 per unit, which developers felt was too low. The auction, which was to be held on October 26, is now set for November 14. SECI has postponed its […] Read more
Renew Power Partners with CII in its ‘Clean Air Better Life’ Initiative for Punjab Updated On Fri, Oct 26th, 2018 by Saurenergy Under this program, the company has committed to support 500 farmers from Ludhiana district and provide them access to climate smart technological solutions for farm residue management. India’s one of the leading renewable energy IPP, ReNew Power has collaborated with Confederation of Indian Industries (CII) in its ‘Clean Air Better Life’ initiative to help Punjab farmers; with alternative stubble […] Read more
Karnataka CM Instructed Officials to Ensure No Interruption in Power Supply Updated On Fri, Oct 26th, 2018 by Saurenergy The Minister asked officials to utilise hydro and solar power facilities to avoid load-shedding. On the other hand Kumaraswamy held the central government responsible for the power crisis. Karnataka Chief Minister H D Kumaraswamy after reports of a looming power crisis has directed the concerned officials to ensure there was no interruption in power supply in […] Read more
Exicom Launches Battery R&D Center, Multi-Standard Chargers for EVs Updated On Thu, Oct 25th, 2018 by Saurenergy The new R&D Centre is equipped with state-of-the-art equipment and infrastructure for comprehensive evaluation of cell quality, battery pack design, rapid prototyping and reliability/ environmental testing, the company said in a statement. Gurgaon-headquartered Exicom has launched the Battery R&D Center and Multi-Standard Chargers for Electric Vehicles (EVs) in Bangalore. The new R&D Centre is equipped […] Read more