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
Volvo Group India Inks Pact with CleanMax Solar for Long-Term Power Supply Updated On Sat, Feb 17th, 2018 by Saurenergy The move is expected to reduce Volvo’s CO2 emission by 3,380 tonnes per year, and will also helps in reducing it’s operating costs. Volvo Group India Pvt Ltd (VGIPL) has entered into a 10-year pact with Gurgaon-based CleanMax Solar for supply of 2.75 MW solar power for it’s truck manufacturing facilities in Bengaluru. As per […] Read more
High Court to Hear Petition on Solar Imports Duty Likely on February 13 Updated On Thu, Feb 8th, 2018 by Saurenergy The Madras High Court admitted Shapoorji Pallonji’s petition on January 19 and issued a temporary stay on the implementation of the recommendation. In a significant development, High Court has decided to hear the petition filed against the preliminary recommendation of the Director General (Safeguards) to impose 70 percent safeguard duty on imported solar panels and […] Read more
Cleanmax Solar Installs Rooftop Solar Plant for Knorr-Bremse Systems Updated On Wed, Feb 7th, 2018 by Saurenergy The solar plant will be installed at Knorr-Bremse’s manufacturing facility in Hinjewadi, Pune, and one of the biggest at any of its facilities globally. CleanMax Solar, a rooftop solar developer has installed a rooftop solar plant for Knorr-Bremse systems for Commercial Vehicles India Pvt Ltd, a manufacturer of braking systems for rail and commercial vehicles. […] Read more
Radite Energy Bags Orders for 580 KW from Amplus Solar Updated On Tue, Feb 6th, 2018 by Saurenergy Radite has already commissioned power projects of total 200 MW in India and planning to expand their businesses in the manufacturing of solar structure system. Radite Energy, a distinguishable solar energy producer has bagged orders for 580 KW solar plant from Amplus Solar for solar project in Nalagarh area of Himachal Pradesh. This is the […] Read more
JinkoSolar Leads Technology Dialogue in India, Hosts PV Tech Seminar Updated On Mon, Feb 5th, 2018 by Saurenergy The event opened on a high note with a warm welcome address by JinkoSolar South Asia Managing Director, Donald Leo. JinkoSolar, a global leader in the photovoltaic industry (PV), held a PV Tech seminar at The Leela Ambience in Gurugram on 24th January. The seminar aimed to raise discussions on upcoming module technologies and solar […] Read more
Vikram Solar Slams Arun Jaitley’s Budget 2018 for Solar Sector Updated On Fri, Feb 2nd, 2018 by Saurenergy The budget 2018 is not very encouraging for the renewable and solar energy sector. The government has missed out on a major opportunity to take a lead towards combating climate change. The government has proposed to take out the import obligation on parts that make up sun powered boards. In his last full budget 2018 […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Innisfail Town Council Gives Nod to the Town’s First Solar Farm Project Updated On Wed, Jan 31st, 2018 by Saurenergy The solar farm will be based on a land parcel possessed by the town. Consequently, the town will gather lease, at $500 per section of land as proposed by the organization. Innisfail Town board gave the green light to the town’s first solar farm project at an extraordinary gathering. Around 15 individuals turned out to […] Read more