Adani Power Posts 126% Growth in EBITDA for Q2 2020 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […] Read more
Adani Green Energy Increases Income but net Profit Drops 82% in Q2 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […] Read more
ADB to Deliver Disaster-Resilient Clean Energy to Consumers in Palau Updated On Wed, Nov 4th, 2020 by Saurenergy The Asian Development Bank (ADB) has approved a USD 3 million grant to increase access to disaster-resilient clean energy for consumers in Palau. The Asian Development Bank (ADB) has approved a USD 3 million grant to increase access to disaster-resilient clean energy for consumers in Palau. The grant comes from the Japan Fund for Poverty Reduction, […] Read more
ADB Grants $132.8 Mn Loan to Modernise Power Distribution Network in Meghalaya Updated On Wed, Nov 4th, 2020 by Saurenergy ADB has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in Meghalaya. The Asian Development Bank (ADB) has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya. The project will construct 23 substations; renovate […] Read more
SolarEdge Announces Q3 Results, and 2025 Sustainability Targets Updated On Tue, Nov 3rd, 2020 by Saurenergy SolarEdge has announced its financial results for Q3 2020. The firm has also announced the release of its Sustainability Strategy and 2025 Goals & Targets. SolarEdge Technologies, Inc., a global leader in smart energy technology, has announced its financial results for the third quarter (Q3) ended September 30, 2020. The firm also announced the release […] Read more
NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio Updated On Tue, Nov 3rd, 2020 by Saurenergy NextEra Energy Resources will sell a 90% interest in a 1 GW renewables portfolio and 100% interest in a 100-MW solar-plus-storage project for approximately USD 1.3 billion in total proceeds NextEra Energy has announced that a subsidiary of NextEra Energy Resources has entered into agreements to sell a 90 percent interest in a 1,000 megawatt (MW) portfolio […] Read more
JinkoSolar’s Principal Operating Subsidiary Raises USD 458 Million Updated On Sat, Oct 31st, 2020 by Saurenergy JinkoSolar Holding has announced the completion of USD 458 million equity financing by its principal operating subsidiary Jiangxi Jinko. JinkoSolar Holding, one of the largest solar module manufacturers in the world, has announced the completion of an RMB 3.1 billion (approximately USD 458 million) equity financing by its principal operating subsidiary Jinko Solar Co., Ltd. […] Read more
Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas Updated On Fri, Oct 30th, 2020 by Saurenergy Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […] Read more
Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary Updated On Fri, Oct 30th, 2020 by Saurenergy Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […] Read more
