ASSOCHAM, REPA to Jointly Promote Renewable Energy Updated On Thu, Apr 25th, 2019 by Saurenergy The leading apex industry body said that, “These are some of the win wins, the newly signed MoU would seek to achieve for both the organisations.” Industry body, the Associated Chambers of Commerce & Industry of India (ASSOCHAM) and the Renewable Energy Promotion Association (REPA), a professional (public-private) not-for-profit body, has entered into an agreement […] Read more
NBCIL Invites Developers For Setting Up Solar Projects Under CPSU-II Scheme Updated On Thu, Apr 25th, 2019 by Saurenergy The Corporation has identified factory lands spanning over 10.46 acres in Ghaziabad for the development of solar power plants. The National Bicycle Corporation of India (NBCIL), a Government of India Undertaking, with reference to SECI’s 2000 MW grid-connected solar PV projects under CPSU Scheme, Phase-II, Tranche-I has invited government producers interested in participating in the […] Read more
Tata Power Shifts Complete Focus to Renewable Energy, to Cease Building New Coal Plants: Report Updated On Wed, Apr 24th, 2019 by Saurenergy Utility ceases new coal-fired power development, creates a future based on renewables. One of the country’s largest private integrated power company, Tata Power has recently made it publicly clear that it will cease building new coal-fired capacity, according to a report released by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Tata Power: […] Read more
Rating Agency ICRA Predicts 7-7.5 GW Solar Capacity Additions this Financial Year Updated On Wed, Apr 24th, 2019 by Saurenergy Rating agency ICRA said on April 23 that it has estimated 7-7.5 GW solar power capacity addition during the current financial year, which includes 1 GW of rooftop solar. “The domestic solar power capacity addition is expected at around 7 GW to 7.5 GW (including around 1 GW of rooftop solar capacity) in FY 2020 as […] Read more
E.ON and Kyuden Mirai Energy to Co-Develop Offshore Wind Projects in Japan Updated On Wed, Apr 24th, 2019 by Saurenergy E.ON intends to transfer its experience and technical know-how from its 1.8 gigawatts (GW) installed offshore wind capacity from Europe to Japan. E.ON and Kyuden Mirai Energy have signed a cooperation agreement to jointly develop offshore wind projects in Japan. The cooperation is focused on fixed bottom projects and starts with a study to jointly […] Read more
CleanMax Solar Secures Rs 275 Cr Investment From UK Climate Investment Updated On Wed, Apr 24th, 2019 by Saurenergy Mumbai-based solar power developer CleanMax Solar has raised Rs 275 crore in equity funding from UK Climate Investments (UKCI). UKCI will underpin the development of a nationwide network of solar farms following the agreement to invest £30 million in one of India’s leading providers of renewable energy for commercial and industrial clients, CleanMax Solar. Founded […] Read more
Facebook, Dominion Energy to Add Six New Solar Facilities Updated On Tue, Apr 23rd, 2019 by Saurenergy Further, these solar projects are expected to become operational by mid-2020 and all of them are in addition to the two previously announced 240 MW solar projects. In a bid to go green with solar, social networking giant Facebook and US-based Dominion Energy has partnered to add 6 new solar facilities with total capacity of 350 MW. […] Read more
Solar Power Developer Hindustan Powerprojects Caught Evading Tax of Over Rs 1350 Cr Updated On Tue, Apr 23rd, 2019 by Saurenergy During search and seizure operations conducted against Hindustan Powerprojects, a company owned by the nephew of Madhya Pradesh chief minister Kamal Nath, the Income Tax department detected tax evasion of more than Rs 1,350 crore. The Central Board of Direct Taxes (CBDT) has revealed that the raids were conducted earlier this month at offices of the solar […] Read more
Amplus Inks Pact with Kongsberg to Digitalize Solar Asset Lifecycle Updated On Tue, Apr 23rd, 2019 by Saurenergy “This partnership with Kongsberg Digital is another step in our endeavor to channelize the power of technology to maximize solar performance,” he added. Gurgaon-based Amplus Energy Solutions has entered into an Memorandum of Understanding (MoU) with Norway’s Kongsberg Digital to utilize its efficiency enhancing applications – Kognifai. As per the deal, Amplus will explore opportunities […] Read more