ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas Updated On Tue, Feb 20th, 2018 by Saurenergy We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […] Read more
L&T Q3 Profit Jumps 53%; Gross Revenue up 9.4%; Bags Solar Orders Updated On Tue, Feb 20th, 2018 by Saurenergy The company has secured a major order from the domestic market for EPC construction of 250MW (AC) Solar Plant in Rewa district of Madhya Pradesh. India’s largest construction and engineering firm, Larsen & Toubro Ltd, has reported impressive growth of 53 per cent in its consolidated net profit after taxes (PAT) at Rs 1,490 crore for […] Read more
Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment Updated On Tue, Feb 20th, 2018 by Saurenergy As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit “Magnetic Maharashtra: Convergence 2018” held in the financial capital of the country. In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment […] Read more
Alec Energy to Construct 6.5 MW Solar Rooftop Project for Dubai Hills Mall Updated On Tue, Feb 20th, 2018 by Saurenergy Alec Energy will be responsible for the system design, sourcing local approvals and construction of the facility. Alec Energy, Alec Engineering and Contracting’s renewable energy unit, has signed off on a contract to construct a 6.5MW rooftop solar plant with Emaar Development for the Dubai Hills Mall project which is currently under construction. According to […] Read more
Enel Begins Operations at 103 MW Solar Park in Brazil Updated On Tue, Feb 20th, 2018 by Saurenergy For this project, Enel Green Power claims to have invested around $110m for the construction of the Horizonte solar park. Italian renewable energy company Enel has begun operations at the 103MW Horizonte solar park in Brazil through its subsidiary Enel Green Power Brasil Participações (EGPB). The solar park is located in the municipality of Tabocas […] Read more
41 Kerala Schools to Set Up Solar Power Unit in Premises Updated On Mon, Feb 19th, 2018 by Saurenergy The schools will have to spend Rs 80,000 for setting up a 2kW solar power unit on their premises. In order to get uninterrupted power supply, around forty one government/aided schools in Kerala will set-up solar power unit in their premises by the end of the current academic year. The move is backed by Agency […] Read more
Govt Extends Transmission Charge Waiver Period for Solar Projects Till March 2022 Updated On Mon, Feb 19th, 2018 by Saurenergy The waiver will be available to these projects for 25 years from the date of commissioning provided the developers sign power purchase agreements with entities, including discoms, for sale of power for compliance of their renewable purchase obligation. The government has extended the window to avail waiver of inter-state power transmission charges and […] Read more
French Energy Giant EDF Enters China’s Rooftop Solar Market Updated On Mon, Feb 19th, 2018 by Saurenergy According to a joint statement, the two partners will benefit from ACC’s local footprint in distributed solar energy and from EDF Energies Nouvelles’ international distributed solar energy and self-consumption expertise solutions for industries. EDF Energies Nouvelles, the renewable energy arm of French state-controlled utility giant EDF, is to establish a joint venture with clean energy […] Read more
Ecoppia Deploys Solar Panel Cleaning Solutions in Bhadla Park, Rajasthan Updated On Mon, Feb 19th, 2018 by Saurenergy The site is developed by the Engie Solar India, a subsidiary of energy multinational ENGIE Group. Robotic PV cleaning solutions provider, Ecoppia has completed the deployment of hundreds of its automated systems in the 2,255 MW Bhadla Solar Park in Jodhpur, Rajasthan. The Bhadla Solar Park is located in a vast desert area and is developed […] Read more
