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Rico Autos foresees Rs 2,000 crore turnover by 2020

Gurugram based auto parts maker Rico Auto Industries has claimed the procurement of orders worth 1,200 crore from electric vehicles manufacturers. Following a three-way future growth strategy, the company expects revenue of Rs. 1,500 crore in the FY 2018-19 and a turnover of Rs. 2,000 crore in the following year. In order to reach this […]

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SECI Quashes 2000 MW Wind Power Tender as Infra Blues Repel Bidders

SECI’s decision axed bids submitted by Renew Power, Adani Green Energy, Sprng Energy and Alfanar Energy. Solar Energy Corporation of India (SECI) has cancelled a 2000 MW wind power tender owing to the under subscription for 800 MW of power auction. A senior government official told ET, “We have decided to cancel the tender since […]

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Atlanta’s Georgia Power Plans to add 100MW of Solar Power Production

The plan to increase the renewable energy capacity falls under Georgia Power Renewable Energy Development Initiative. Atlanta’s Georgia Power is aiming to add to its renewable energy portfolio another production capacity of 100 MW solar power. The Atlanta’s Journal Constitution stated that the company is looking for the solar energy facilities interested to sell stakes […]

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Introduction to Floating PV Plant

Renewable energy sources are of prime importance as they would power our future. Solar energy power plant which utilises the sun’s energy needs adequate space for installation. It is a well-known fact that out of the 510 million Km2 surface area of earth, a mere (appx.) 29% is covered with land. Additionally (at some locations) […]

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Dwarka Gets Delhi’s Largest Residential Rooftop Solar Plant

The four societies which together house around 2000 residents and has 450 flats in Dwarka, will be the first ever project in on a large scale after IP Extension’s Milan Colony to have its own solar power plant. Delhi’s first large scale residential rooftop solar power plant has been sanctioned for four societies in Dwarka sub city. […]

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MNRE Appeals Exclusion of Solar Projects under Execution from Safeguard Duty

The ministry has put up an urge to exclude projects bid out before 31st July as the safeguard duty came into effect on July 31st. The Ministry of New and Renewable Energy (MNRE) has urged the Finance Ministry to exempt solar projects under implementation from the 25 percent safeguard duty on solar goods from China […]

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BMW Brilliance and CATL Signed Strategic Cooperation Agreement

BMW Brilliance claimed to consolidate its new energy ecosystem of ‘In China, For China’ which covers the entire life cycle of new energy vehicles from battery cell production to battery cell recycling. Luxury and sports automaker BMW’s energy efficient arm BMW Brilliance and battery maker Contemporary Amperex Technology (CATL) has signed a strategic cooperation agreement […]

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Village of New Maryland Installs Clear Blue Technologies’ Solar Powered Streetlights

The initiative by the village of New Maryland falls under the green energy project ‘A Canada 150 Project’ followed by Clear Blue Technologies. Toronto based off-grid solar company, Clear Blue Technologies has confirmed the installation of its 13 illumient solar-powered street lights in the village of New Maryland of New Brunswick. Clear Blue Technologies lights […]

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Standard Solar Completes Construction of 9.8 MW Solar Project in Gallup

Standard Solar project is expected to save Gallup exchequer around USD 0.7 million in the first 8 years of operation. Rockville based solar energy company, Standard Solar has completed the 9.8 MW solar farm project in Gallup of New Mexico. Significantly, the 31 acres Standard Solar’s project is expected to save Gallup exchequer around USD […]

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