Grundfos Eyes on Solar, Smart Pumps to Double India Revenue Updated On Fri, Apr 27th, 2018 by Saurenergy Grundfos is using energy efficient, IT-enabled offerings from its Danish parent’s portfolio. That is apart from the locally-developed solar pumps that are available in Indian market. In a bid to double its revenue to Rs 1,000 Crore, Grundfos India Ltd is expanding its network by betting big on ‘Make in India’ solar pump for rural […] Read more
JMU to Get 2.5 MW Solar Plant by SunSource Energy Updated On Wed, Apr 25th, 2018 by Saurenergy SunSource recently signed an MoU with Jamia Millia Islamia University University of Jamia The university recently signed an MOU to accomplish the project on a turnkey basis under the Renewable Energy Service Company model (RESCO) for the next quarter of a century. To help Jamia Millia Islamia University to save around Rs 1 Crore at […] Read more
Adani’s Mundra Solar Seeks to be $1bn Firm in 2-3 Years Updated On Mon, Apr 23rd, 2018 by Saurenergy In next 2-3 years, it is also mulling to scale up its manufacturing capacity of modules and cells from the current 1,200 MW to around 3,000 MW. Adani Group’s solar PV manufacturing arm, Mundra Solar PV, eyes to become a USD 1 billion company over the next 2-3 years. In next 2-3 years, it is […] Read more
Expressions of Interest for Moser Baer Solar Likely This Week, says Arvind Garg Updated On Mon, Apr 23rd, 2018 by Saurenergy He expects good response considering the growing confidence in the solar sector’s growth story in India. A resolution professional Arvind Garg has said that the expressions of interest (EoI) for the assets of bankrupt Moser Baer Solar are likely to be invited this week. “We hope to invite expressions of interest this week and we expect a […] Read more
Viz-A-Viz with Sir Ganesan Natarajan, Chairman | Topaz Solar Private Limited Updated On Sat, Apr 21st, 2018 by Saurenergy Q. Please tell our readers more about Topaz solar and its services. Topaz Solar is promoted by me and Ms. Usha Natarajan in the year 2009. It became active since 2014 where we planned to foray into domestic solar market primarily Tamilnadu biz in mind due to aggressive Solar policy unveiled by then CM Jayalalitha. […] Read more
UK Joins International Solar Alliance Updated On Tue, Apr 17th, 2018 by Saurenergy The formal announcement from the country came at the event held at the London Stock Exchange as part of the Commonwealth Heads of Government Meeting 2018 (CHOGM). The United Kingdom on 16th April 2018 became 62nd member of India led International Solar Alliance (ISA). UK cemented the membership with ISA to provide affordable and sustainable energy for all […] Read more
Madras HC Dismisses Plea Against 70% Levy on Solar Imports Updated On Tue, Apr 17th, 2018 by Saurenergy The oral order was delivered by the court whereas the written order is likely to be pronounced today. Challenging the recommendations of 70% safeguard duty on imports of solar panels and modules by Directorate General of Safeguards, the Madras High Court has dismissed the petition on Monday. The oral order was delivered by the court […] Read more
International Solar Alliance: A Rollercoaster Ride for Indian Solar Updated On Mon, Apr 16th, 2018 by Saurenergy Indian solar sector witnesses sharp momentum in the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took office, India had 3 GW of solar power, which now turned to nearly seven-times of that, or 20 GW, by the end of FY18. India’s efforts towards solar sector came into […] Read more
India’s Solar Additions Slowed by GST, Duty on China Imports, says UN Report Updated On Fri, Apr 6th, 2018 by Saurenergy Developing economies, comprising India, China and Brazil, committed USD 177 billion to renewables last year, up 20%, compared to USD 103 billion for developed countries, down 19%, the report added. A UN report has said that the imposition of anti-dumping and safeguard duties on import of Chinese solar cells and modules and levy of Goods […] Read more