NeoVolta Announces 211% Quarter-On-Quarter Increase in First Quarter 2021 Revenues Updated On Tue, Nov 10th, 2020 by Saurenergy Increase in Wholesale Dealers and Installers Drives Revenue Growth NeoVolta, manufacturer of Smart Energy Storage Systems, has announced financial results for the first quarter 2021. The company reported that revenues for the quarter ending September 30, 2020 were $1,000,171, compared to $321,650 for the same quarter of last year. This dramatic 211% growth quarter-on-quarter reflected […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
GECF Ministerial Meeting and associated events to be held virtually Updated On Tue, Nov 10th, 2020 by Saurenergy The yearly Ministerial Meeting of the Gas Exporting Countries Forum (GECF) will take place on 12 November under the rotating Presidency of the Democratic People’s Republic of Algeria. The meeting, and its related events, will convene virtually owing to the COVID-19 pandemic. The 22nd Ministerial Meeting will discuss the current issues related to the gas […] Read more
2021 Carries All Solar Hopes In India, With Expected 8.8 GW Capacity Addition Updated On Tue, Nov 10th, 2020 by Saurenergy A fresh quarterly update from a research agency pegs expected solar capacity addition in the calendar year 2020 (Jan-Dec) at 2.8 GW, while Wind Energy is expected to add just 1.2 GW. However, things should start looking up from the next two quarters itself, i.e. Q4 2020 and Q1 2021, when about 4 GW of […] Read more
Sterling And Wilson Solar Continues European Push With New Office In Spain Updated On Mon, Nov 9th, 2020 by Saurenergy Sterling and Wilson Solar Limited, has opened its new office in Spain. Located in Seville, the office will serve as the firm’s headquarters for its European operations serving and tapping markets like Portugal, Spain, Italy, Poland, among others. Mr. Vikas Bansal, Regional Head – Europe said, “We see this office opening as an important step […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September Updated On Mon, Nov 9th, 2020 by Saurenergy The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […] Read more
Capstone Infrastructure Corporation Announces Claresholm Solar Project Financing Updated On Mon, Nov 9th, 2020 by Saurenergy Capstone Infrastructure Corporation has announced a Claresholm Solar Project financing update. On July 9, 2020, Claresholm signed a credit agreement with ATB Financial, Fiera Infrastructure Private Debt Fund LP and Telus Pensions Liability Hedging Master Trust to provide up to $115 million of construction to term financing for the 132 MWac Claresholm Solar Project, located in […] Read more
Wisconsin’s First Large-Scale Solar Facility Producing Clean Energy Updated On Sat, Nov 7th, 2020 by Saurenergy Wisconsin’s first large-scale solar project is complete and powering Madison-area households and businesses. Madison Gas and Electric (MGE) is a co-owner of the 150-megawatt (MW) Two Creeks Solar facility with Wisconsin Public Service (WPS). MGE owns 50 MW; WPS owns 100 MW. “We are excited that Two Creeks Solar is now generating cost-effective, carbon-free energy […] Read more
Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
