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Tesla May Build New Factory in Europe

The plan to build factory in Europe followed Teslas June revelation to construct a factory in Shanghai which would add to its production capacity. Major electric vehicle maker, Tesla is thinking to build a major factory in Europe following talks with officials of Germany and Netherlands. The new factory in Netherlands, if successfully built, is []

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NUSRL becomes First Law University to Use Solar Energy

From August 1, 2018, the varsitys Girls and Boys hostel of NUSRL would be completely powered by the solar panels which will be inaugurated on the orientation ceremony for the next batch of the university. National University of Study and Research in Law (NUSRL), Jharkhand has become the first law university in the country to []

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Enerparc India Commissions Rooftop Solar Project for Bharat Fritz Werner

Enerparc India, a subsidiary of global solar solution provider Enerparc AG is glad to announce the commissioning of 980 kWp solar project at Bharat Fritz Werner Ltd. (BFW) located at Bengaluru, Karnataka. The project has been financed, constructed and executed by Enerparc through its investment special purpose vehicle, which would sell the solar power to []

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Beach Resort Outrigger First on the Island to Harness Sunlight

The resort is first of its kind on Mariana Island where using solar energy to generate electricity was just a dream prior to the installation. Off the western pacific coast of the U.S., Outrigger Guam Beach Resort has collaborated with O3 Energy of Mariana to install rooftop solar panels to generate some of the required []

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Amplus to Setup 400 MW Solar Capacity in UP; Mulls to Invest Rs 2,000 Cr by FY21

The Gurgaon headquartered, Amplus Solar made the announcement of solar capacity in UP during the Ground-Breaking Ceremony held on July 29 by Uttar Pradesh Government to felicitate its investing partners in Lucknow. Amplus Energy Solutions plans to invest Rs 2,000 core in Uttar Pradesh (UP) by Fiscal 2021 as part of the GoUPs Solar Policy []

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Sale of Reliance Energy to Adani Transmission Next Week: RInfra

The Definitive Binding Agreement for the Rs. 18,800 crore Reliance Energy deal between RInfra and ADL was signed in December 2017.   Indias leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm Reliance Energy to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the []

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Tata Power Shareholders Nod to Raise Rs 5,500 Cr via NCDs

BSE filing states that Tata Power had sought shareholders permission to issue NCDs at the annual general meeting held last week. Tata Power claims it has got shareholders nod to raise Rs. 5,500 crore through issuance of Non-Convertible Debentures (NCD) on private placement basis. A BSE filing states that the company had sought shareholders permission []

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Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018

Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity []

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Solar Industry Seeks Clear GST Rates on Solar Projects

The solar industry association has written to the authorities after the Authority for Advance Rulings (AAR) upheld the rate to be at 18 percent and not 5 percent GST rates on Solar Projects. Solar Power Developers Association (SPDA) has sought clarity on the GST rates on solar projects from the solar policy makers, including important []

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