GE Power India Posts Net Profit of Rs 37.7 Crore in Q2 Results Updated On Thu, Nov 12th, 2020 by Saurenergy GE Power India has issued its financial results for Q2, reporting a consolidated net profit of Rs 37.37 crore, mainly on the back of higher revenues. GE Power India has issued its financial results for the second quarter (Q2), reporting a consolidated net profit of Rs 37.37 crore, mainly on the back of higher revenues. The company had registered […] Read more
GoodWe Adds to its Utility Portfolio With Launch of HT Series 1500V PV String Inverter Updated On Thu, Nov 12th, 2020 by Saurenergy On Friday 6 November the Indian solar industry witnessed GoodWe’s nationwide launch of the much anticipated HT Series. The Suzhou-based multinational is widely recognized as a global leader in Commercial & Industrial projects but has recently been adding to its Utility portfolio with larger and more powerful solutions. The event, held at the Pullman resort […] Read more
New Solar Energy Plan for Bangladesh Provides Solutions for Energy Security, Rising Costs Updated On Wed, Nov 11th, 2020 by Saurenergy A shift in focus to renewables would help to reduce the need for power subsidies or tariff increases A new National Solar Energy Action Plan that has reportedly been drafted by SREDA – the Sustainable and Renewable Energy Development Authority – could be a significant and timely turnaround in Bangladesh’s renewable energy ambition. The report is coming […] Read more
Azure Power Posts Q2 2020 Financial Results Updated On Wed, Nov 11th, 2020 by Saurenergy Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […] Read more
Electrify America Surpasses 500 EV Public Charging Stations Milestone Updated On Wed, Nov 11th, 2020 by Saurenergy Electrify America has opened more than 500 EV charging stations across the US, surpassing a significant milestone in the company’s expansion. Electrify America has announced that it has opened more than 500 electric vehicle (EV) charging stations across the US, surpassing a significant milestone in the company’s expansion. With more than 2,200 individual DC fast […] Read more
Sungrow Adds 95 MWac of PV Installations to Its Kazakhstan Portfolio Updated On Wed, Nov 11th, 2020 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, announced that 95 MWac of 1500V medium-voltage central inverter solutions were operational well in Total Eren’s two solar PV projects in Kazakhstan to fully support the Central Asian renewable ambition. A Closer Look at the Landmark Plants The two solar projects, which are a 75 MWac […] Read more
Inox Wind Approves Allotment of Rs 199 Cr NCDs to Investors Updated On Wed, Nov 11th, 2020 by Saurenergy Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors. The firm announced that Board […] Read more
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
