Sterling and Wilson Solar Q1 Results. Underwhelming Updated On Mon, Aug 16th, 2021 by Saurenergy Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […] Read more
CERC Permits SolarArise Subsidiary to get GST Compensation Updated On Sat, Aug 14th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ruled in favour of Talettutayi Solar Projects One Pvt. Limited (TSPPL), a subsidiary of Gurugram-based SolarArise, directing Solar Energy Corporation of India Limited (SECI) to pay the solar developer compensation for the increased cost of a project, excluding carrying cost, due to the implementation of the GST laws […] Read more
Coal India Limited Tenders for 50/75 MW Grid Connected Solar Plant Updated On Fri, Aug 13th, 2021 by Saurenergy Indian government-owned coal mining corporation, Coal India Ltd. has floated a tender through its subsidiary, Mahanadi Coalfields Ltd. for a grid-connected solar power plant of capacity 50/75 MW including evacuation infrastructure anywhere in Odisha. The solar power plant will be established through an EPC contractor including identification of 200 acres of actual land in Odisha […] Read more
Appliance Maker Stovekraft Is Greener With Solar Power Now Updated On Fri, Aug 13th, 2021 by Saurenergy Bangalore-headquartered manufacturer of cooking appliances, Stovekraft Ltd., has announced on Thursday to produce clean energy and cutting down its carbon footprints. The firm has gone green by installing a solar rooftop PV system with higher efficiency mono PERC 535/540Wp PV Module at its Bangalore factory. The factory is spread across 16 acres and has more […] Read more
Azure Power Secures Green Bond of US$41.4 Million At Lowest Coupon of 3.575% Updated On Fri, Aug 13th, 2021 by Saurenergy Indian independent power producer (IPP), Azure Power Global Limited announced the issuance of a dollar green bond of US$414,000,000, through its wholly-owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%, i.e., the lowest ever coupon in the high-yield segment for any business out of India […] Read more
ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions Updated On Wed, Aug 11th, 2021 by Saurenergy ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […] Read more
HPCL Floats Tender for 628 KW Solar Plants in Tamil Nadu Updated On Wed, Aug 11th, 2021 by Saurenergy Hindustan Petroleum Corporation Limited (HPCL) has issued a new tender, inviting online bids for pre-AMC servicing & CAMC of solar plants, with 628 KW capacity, in HPCL, Chennai New Terminal at NCTPS Main Road, Vallur Village, Tamil Nadu. The bid submission will close on August 15, 2021, at 12 pm, and the earnest money deposit […] Read more
Pakistan to Unveil First Domestically Produced Solar Panels Updated On Tue, Aug 10th, 2021 by Saurenergy Pakistan is gearing up to increase the production and use of renewable energy as a measure to alleviate power shortages. To this end, the country’s government has proposed eliminating taxes associated with the manufacture of solar and wind energy equipment in the country. The University of Engineering and Technology (UET), Lahore, is set to launch the […] Read more
BHEL Invites Bids for O&M Of 25 MW Floating Solar Project in Andhra Pradesh Updated On Tue, Aug 10th, 2021 by Saurenergy Bharat Heavy Electricals Limited (BHEL) has issued a new tender, inviting bids for the operation and maintenance works of 25 MW floating solar PV power project at NTPC Simhadri, Andhra Pradesh, for a period of 36 months. The estimated cost of the project is Rs 390.95 lakhs and the deadline for bid submission is August 17, 2021, before […] Read more