SolarEdge Selected as Supplier for Fiat E-Ducato, Issues Financial Results Updated On Wed, Feb 17th, 2021 by Saurenergy SolarEdge has announced it has been selected to supply powertrain and batteries for the Fiat E-Ducato, also reporting its financial results. SolarEdge Technologies has announced that the Company has been selected and will begin to supply full electrical powertrain units and batteries for the production of the Fiat E-Ducato light commercial electric vehicle. “We are […] Read more
Global Capital Pool Mobilising to Invest in Renewable Projects in India: IEEFA Updated On Tue, Feb 16th, 2021 by Saurenergy A new IEEFA report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. A new report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. According to the Institute for Energy Economics and […] Read more
KPTL Announces Q3 FY21 Results, Reports PAT of Rs 308 Crore Updated On Mon, Feb 15th, 2021 by Saurenergy KPTL has reported revenue growth of 11% YoY to Rs 3501 crore in Q3FY21, and a strong PAT growth of 132 percent YoY to reach Rs 308 crore. Kalpataru Power Transmission Limited (KPTL) has issued its financial results for the quarter ended December 31, 2020, reporting revenue growth of 11 percent YoY to Rs 3501 […] Read more
Inox Wind Reports Increased Losses Despite Higher Revenue in December Quarter Updated On Mon, Feb 15th, 2021 by Saurenergy Inox Wind has reported higher revenue in the December quarter, but the firms’ net loss has also widened to Rs 51.97 crore Inox Wind has issued its financial results for the quarter ended December 31, 2020, reporting a higher revenue from the previous quarter and from the same quarter in 2019, however, the firms’ net […] Read more
Amara Raja Batteries Reports Q3 Numbers; Announces 50 MW Solar Plant Updated On Mon, Feb 15th, 2021 by Saurenergy Amara Raja Batteries has issued its Q3 numbers, also announcing that it will be setting up a 50 MW solar power plant in Andhra Pradesh. Driven by the revival in demand across all key sectors of the business, Amara Raja Batteries Limited (ARBL), one of India’s leading Industrial and Automotive Battery majors has issued its […] Read more
Biden Administration Clears $100 Mn for DOE to Invest in Clean Energy Solutions Updated On Fri, Feb 12th, 2021 by Saurenergy Biden Administration’s climate innovation agenda will see US DOE invest USD 100 million in funding for transformative clean energy technology In support of the Biden Administration’s climate innovation agenda, the US Department of Energy (DOE) has announced up to USD 100 million in funding for transformative clean energy technology research and development via its Advanced […] Read more
Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore Updated On Thu, Feb 11th, 2021 by Saurenergy Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. 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 third quarter (Q3) of 2021, […] Read more
IFC to Support India’s Continuum in First Green Bond Offering in Singapore Updated On Thu, Feb 11th, 2021 by Saurenergy IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
