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
Gigawatt of Storage in 2018? Updated On Mon, Feb 19th, 2018 by Saurenergy From a Gigawatt dream storing capacity to watt-hour storage, through decades the glorified history of technology is meekly stored with the wonk of storage development. The interdependency to make solar power modus operandi is the associated technology which can store the continuous flow of electricity and deliver it diligently on the time of respective requirement. […] Read more
Gujarat Urja Vikas Nigam Limited Floats 500 Megawatt Solar Power Tender Updated On Mon, Feb 12th, 2018 by Saurenergy Gujarat Urja Vikas Nigam Limited invited bids for solar power to fulfil its renewable power purchase obligations (RPPO) and to meet future requirements of distribution companies (discoms). Gujarat Urja Vikas Nigam Limited (GUVNL) has floated another tender to procure 500MW from grid-connected solar PV projects through competitive bidding after the power utility had successfully completing bidding […] Read more
After a Lull 2017, India’s Solar Power Sector is Rising Again Updated On Fri, Feb 9th, 2018 by Saurenergy With rising solar panel costs and other issues, the sector had witnessed a sharp decline in late months of 2017. The Indian solar power sector started on a good note in 2018. The good thing is that solar industry now has over 4,000 megawatts (MW) of projects that it is going to bid for and […] Read more
Acwa Power Wins First Solar Project in Saudi Arabia Updated On Fri, Feb 9th, 2018 by Saurenergy This plant is the first of what will be a series of procurement within the visionary and ambitious Saudi national renewables program aiming to produce 9.5 GW of renewable energy by 2023 as a first phase. Saudi Arabia’s Acwa Power has won Skaka IPP PV solar project, the first utility scale Renewable Energy plant at […] Read more
Switch Announces Largest Solar Project in the United States Updated On Thu, Feb 8th, 2018 by Saurenergy Switch CEO and Founder Rob Roy’s Gigawatt 1 solar project will be built in Northern and Southern Nevada. Switch, a Nevada-based datacenter conglomerate, has announced the construction of the single largest solar project portfolio in the United States. Switch CEO and Founder Rob Roy’s Gigawatt 1 solar project will be built in Northern and Southern […] 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
Budget 2018 is Favorable for Power Sector & Saubhagya will Boost Demand Updated On Fri, Feb 2nd, 2018 by Saurenergy The vulnerability over the inconvenience of duty – import duty, shield obligation and hostile to dumping duty – including courses of events and their quantum proceeds for the solar energy sector. The Union Budget for 2018-19 is probably going to have a generally positive effect on the power aspect with the push towards extending power […] Read more
