Magenta Power Launches ‘Grow Green’ Initiative for Sapling Plantation Updated On Fri, Jul 20th, 2018 by Saurenergy Through this program, Magenta Power aims to create greater awareness among people towards use of clean energy in urban areas, reiterating brand’s commitment to early adoption of green solutions. Renewable energy solutions provider Magenta Power has launched its ‘Grow Green’ initiative at pan India level for the sapling plantation. As a part of the initiative, for every […] Read more
TMEIC Solar Inverters to Power Rewa Ultra-Mega Solar Park in India Updated On Fri, Jul 20th, 2018 by Saurenergy The company will supply it’s 100 solar central inverters for the 250 MW phase of a prestigious 750-MWac Rewa Ultra-Mega Solar Park in Central India. TMEIC Industrial Systems India (TMEIC India), Indian arm of TMEIC Japan, has inked a pact with a leading EPC company in India for the supply & commissioning of its 2.55 […] Read more
Capital Dynamics’ CEI to Buy Csolar South and West Updated On Thu, Jul 19th, 2018 by Saurenergy The company has acquired CSolar south and west projects from Tenaska, a leading independent power producer (IPP) in the United States, having achieved commercial operation and secured a long-term power purchase agreement (PPA) with a California-based utility business. An independent global asset manager, Capital Dynamics through its Clean Energy Infrastructure (CEI) team has inked a pact to […] Read more
NIWE, has installed a remote sensing instrument- LiDAR for assessment of offshore wind resource at Gulf of Khambat, off the Gujarat Coast Updated On Thu, Jul 19th, 2018 by Saurenergy Developers are encouraged to deploy most advanced technologies IREDA, a non-banking financial institution under the Ministry has conducted studies with foreign assistance during the last three years and current year Most of renewable energy projects in the country are being implemented by the private sector developers selected through a transparent bidding process. In order to […] Read more
Tata Power Launches 3 EV Charging Stations at Cognizant’s Hyderabad Campus Updated On Thu, Jul 19th, 2018 by Saurenergy Tata Motors will supply 10 Tigor EVs, while Tata Power will provide the necessary electric mobility infrastructure by installing three charging stations at the company’s sprawling campus. One of the leading integrated power company, Tata Power has set-up of three fast charging Electric Vehicle (EV) stations at the leading IT firm Cognizant’s Hyderabad campus. The […] Read more
Industry Splits on DGTR’s Proposed Imposition of Safeguard Duty Updated On Wed, Jul 18th, 2018 by Saurenergy Safeguard duty is bound to ensure an even playing field for both domestic and imported products, says Sunil Rathi. The solar industry has divided into two parts after the Directorate General of Trade Remedies (DGTR) has recommended, recently, imposition of safeguard duty for two years on imports of solar cell from China and Malaysia. It […] Read more
TGI Solar Soon to Make Electric Vehicles; Mulls Europe Expansion Updated On Wed, Jul 18th, 2018 by Saurenergy The company’s initial plan of electric vehicles assembly plant, will require financing of Euro 15-20 mm in combination of debt and equity. TGI Solar Power Group (TGI Solar) has received a draft of manufacturing agreement, which would allow the company’s auto division to begin production of electric vehicles and further proceed with its expansion plans in Europe. […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
DGTR Recommends Safeguard Duty of 25% on Solar Panel Imports for First Year Updated On Tue, Jul 17th, 2018 by Saurenergy The Directorate General of Trade Restrictions (DGTR) has recommended imposing a safeguard duty on solar panels and modules imported from China and Malaysia for two years – 25% for the first year, 20% for the next six months and 15% in the last phase, citing injury to domestic industry. This follows seven months of intense […] Read more