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Daily Archives: July 28, 2015

Infosys to set up 7 MW solar plant at Hyderabad campus

According to reports, country’s second largest software services firm Infosys plans to set up a 7 MW solar plant at its Hyderabad campus. The move is a step in achieving the goal set to meet the entire electricity needs through renewable sources in the next few years, the company said in a statement. It also claimed that Infosys’ Hyderabad campus is the first in India to have radiant cooled commercial building, with the biggest comparison of HVAC (heating, ventilating, and ... Read More »

Hareon, Dalmia partner for 160-MW PV factory in India

According to reports, Chinese firm Hareon Solar Technology Co Ltd will build a 160-MW photovoltaic (PV) cell production plant in India under a partnership with domestic industrial conglomerate Dalmia Group. The two companies inked a joint venture (JV) agreement through their respective units Hareon Solar Power Pvt Ltd and Keshav Power Pvt Ltd (KPL). Under the terms of the deal, Hareon Solar will invest roughly USD 40 million (EUR 36.2m) in the facility, it said in a statement on Thursday. ... Read More »

Inox Wind Q1 Net up 115% at Rs 50 cr

According to reports, Inox Wind today reported 115 per cent increase in consolidated net profit at Rs 50.50 crore for the quarter ended June 30, 2015, against Rs 23.48 crore during the same period of the previous fiscal. According to the statement, the company’s total income from operations was Rs 635.83 crore in the quarter under review compared to Rs 304.37 crore in the year-ago period. In a separate filing, it said that during Q1 FY16, the company continued to ... Read More »

CAG finds flaw in Chhattisgarh renewable energy plan

According to reports, the state-run Chhattisgarh Renewable Energy Development Agency (CREDA) had inked 104 agreements for setting up renewable energy projects during the Global Investors Meet 2012 but not a single project has take shape. The CREDA executed 104 Memoranda of Understanding with various developers in 2012 for installation of solar photo voltaic power plants (SPVPP) of 5330 Megawatts (MW). Since 2001, CREDA had also sanctioned 50 small hydro power (SHP) projects for 612 Mw on the sites identified by ... Read More »

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