Lubi Solar to Install Solar Water Pumps in Nagpur, Pune Updated On Tue, Apr 16th, 2019 by Saurenergy “The company has been awarded this contract after successful completion of performance test in record time in stringent condition at farmer’s place,” the spokesperson added. Lubi Solar, which is a division of Lubi Electronics, has bagged an order for installation, commissioning and maintenance of Solar Photovoltaic (SPV) water pumping systems in Nagpur and Pune cities […] Read more
India’s Solar Sector Expected to Outperform Globally Despite Challenges: Report Updated On Tue, Apr 16th, 2019 by Saurenergy A new report by Fitch Solutions has predicted that the Indian solar power capacity will grow at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. The report highlights that India will continue to outperform rival markets over the next decade as recent problems such […] Read more
Petronas makes India Play with Amplus Energy Acquisition Updated On Tue, Apr 16th, 2019 by Saurenergy By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […] Read more
Vestas to Acquire Minority Stake in Renewable Project Developer Sowitec Updated On Mon, Apr 15th, 2019 by Saurenergy The acquisition is expected to be finalised during the second quarter of 2019 and will have no significant impact on Vestas earnings. To support Vestas’ strategy and increase its capability to partner with its customers in project development in selective markets, Vestas has announced the acquisition of a 25.1 percent minority stake in Sowitec with […] Read more
Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
SECI Struggles with Implementation, 3rd Extension For 97.5 MW Rooftop Scheme Updated On Mon, Apr 15th, 2019 by Saurenergy The last date for submissions has been extended to April 30, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for submission of bids on its 97.5 MW grid-connected rooftop solar PV system scheme for government buildings, for the second time in the last 7 days. On April 9, 2019, the nodal […] Read more
TERI Prepares Roadmap to Foster Resource Efficiency Policy for India Updated On Fri, Apr 12th, 2019 by Saurenergy Improving use of resources, through adoption of a Resource Efficiency strategy, will be key to India’s sustained high growth and enhanced wellbeing. Leading think tank in energy and environment, The Energy and Resources Institute (TERI), has submitted a detailed reference report on ‘National Resource Efficiency Policy for India’ to the Ministry of Environment, & Forests […] Read more
New Research Center Established to Develop Efficient & Flexible Solar Cells Updated On Thu, Apr 11th, 2019 by Saurenergy New organic materials for creating advanced, flexible, light-weight solar cells and electronics for military and civilian use in remote areas away from power grids will be the focus of a new research center directed by Enrique Gomez, professor of chemical engineering and materials science and engineering at Penn State. The Center for Self-Assembled Organic Electronics […] Read more
HPPC Ordered to Follow Latest MNRE Competitive Bidding Guidelines Updated On Thu, Apr 11th, 2019 by Saurenergy HPPC has been ordered to follow the latest competitive bidding guidelines issued by MNRE for procurement of power from solar power projects. The Haryana Power Purchase Centre (HPPC) has been ordered by the Haryana Electricity Regulatory Commission (HERC) to follow the latest competitive bidding guidelines issued by the Ministry of New and Renewable Energy (MNRE) […] Read more
