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Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022

The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […]

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The Budget Has Provided Renewed Thrust on Renewables: Piyush Goyal

In the New & Renewable Energy Sector, Piyush Goyal informed that the Budget has affirmed target for Solar Power of additional 20,000 MW capacity during next year Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal while addressing the media, said that the allocations have been increased for […]

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Mytrah Energy signs pacts for 2000 MW Renewable Energy Projects in Andhra Pradesh

Mytrah Energy has signed a deal worth Rs 13000 crore for the installation of 2000 MW Renewable Energy Projects spread across eight districts of Andhra Pradesh Mytrah Energy has signed pacts for 2000 MW of renewable Energy projects worth Rs 13,000 crore in Andhra Pradesh. The MoUs were inked in the presence Chief Minister N […]

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Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment

FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […]

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Budget 2017-18 proposes Reduction in Customs and Excise for Renewable Energy Sector

In a bid to incentivize domestic value addition under Make in India initiative of the Government, the Finance Minister has proposed to reduce Customs and Excise duties on several items related to the Renewable Energy Sector The Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today […]

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Waaree Distinguished with SP 1 A Grading by ICRA

The latest grading by a reputed rating agency showcases Waaree’s credentials and market standing The Indian solar manufacturer and solutions heavyweight, Waaree Energies announces to have secured the highest grading of SP 1A for solar projects. The new accreditation will formally proclaim the highest performance capability and highest financial strength of Waaree Energies to undertake solar projects. […]

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Hero Future Energies Adopts SAP S/4HANA to Power Digital Transformation

By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’ Hero Future Energies has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India. SAP S/4HANA […]

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Sunverge Advanced AC-coupled Energy Storage System

Product Brief: Sunverge Energy, a leading provider of intelligent energy storage systems for residences and small businesses has announced the immediate availability of an AC-coupled model of its industry-leading energy storage product. Product Feature: Offered to renewable energy installers and electric utility partners, this alternative method for connecting to rooftop solar systems provides superior backup […]

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NEXTracker NX Fusion Plus

Product Brief: NEXTracker has designed an innovative solar plus energy-storage solution ‘NX Fusion Plus’ US and international markets. NX Fusion Plus integrates solar tracker, battery, inverter, and software to deliver better return on investment to owners of solar power plants. By incorporating battery storage technology into its product, NEXTracker is further increasing the energy output […]

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