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Daily Archives: August 14, 2011

Moser Baer registers 16.6% growth in sales in Q1, Solar EPC pipeline of 250MW over next 18 months

Moser Baer in its Q1 results announced that the net sales registered a sharp growth of 16.6 % Q-o-Q resulting in a turnover of INR 523 crores recorded during the quarter. The turnaround with sharp upswing in the profitability in Q1 FY12, return to profitability indicated in the coming quarters. The company EBITDA (before finance charges) increased to Rs. 57 crores from Rs. 17 crores (Q4FY11) and expected to climb further in the coming quarters. The correction of over-supply in ... Read More »

REpower sees 23% sales increase in Q1

According to reports, German wind turbine manufacturer REpower recorded sales of €248.3m in the quarter ending 30 June, a 23 per cent increase compared with the same period last year when it received orders worth €213.1m. EBIT in the period was up to €10m from €1.5m in the first three months of fiscal 2010 and net income was €4.2m, more than double last year’s level of €1.8m. During the quarter REpower installed or supplied turbines with a combined capacity of ... Read More »

Gemini Communications to commission its 1MW Solar Plant in Tamil Nadu by September

Tata BP Solar India Ltd, a joint venture of Tata Power and BP Solar, was the first company to have installed and commissioned a megawatt scale solar power plant under the Rooftop and Other Small Solar Power Generation Plant scheme administered by IREDA under the Jawaharlal Nehru National Solar Mission (JNNSM). This landmark project is owned and developed by B & G Solar Private Limited at Komal West Village, Mayiladuthurai in Tami Nadu. The one megawatt plant was synchronised to the ... Read More »

Husk Power Systems aims to install 2014 rice husk power plants by 2014 in India

In June this year, Husk Power Systems (HPS) of Bihar was one of the recipients of the  prestigious Ashden Awards for Sustainable Energy in London. HPS generates electricity through the gasification of rice husk. The company has been trying to boost its entrepreneurial capacity in collaboration with Britain-based Shell Foundation for about two years. HPS has about 60 gasification plants that provide affordable electricity to over 25,000 Bihar households. Each connection costs Rs.100. According to reports, Ratnesh, 32, is one of the ... Read More »

Orissa’s first solar energy plant comes up in Balangir

According to reports, the district solar energy producing installations have drawn the distinction by producing the solar energy for the first time and selling it to GRIDCO since July 14 last. Set up by Hyderabad-based Raajratna Energy Holdings Private Limited (REHPL), a company engaged in the development of renewable energy projects, at Sadeipali, five km from here, the solar power plant which is third in India and first in Odisha, has been generating 1MW . It has been implemented under ... Read More »

Reliance ADAG group keen to set up total of 500MW capacity solar power in Rajasthan with an investment of Rs. 80 bn

According to reports, industrialist Anil Ambani of the Reliance Group is keen on setting up more solar power plants in Rajasthan. Ambani met Chief Minister Ashok Gehlot Wednesday at his official residence and discussed in detail about setting up of additional solar energy plants in the state, an official statement said. Ambani informed Gehlot that Reliance Group is keen to set up solar power plants of 500 MW total capacity in Rajasthan at a cost of Rs..8,000 crore, according to officials ... Read More »

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