Schneider Electric Acquires Electrical & Automation Business of L&T Updated On Tue, Sep 1st, 2020 by Saurenergy Larsen & Toubro (L&T) has successfully completed the strategic divestment of its Electrical & Automation business to Schneider Electric One of India’s leading engineering, technology, construction and financial services conglomerates – Larsen & Toubro (L&T) has announced that it has successfully completed the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider […] Read more
Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive Updated On Mon, Aug 31st, 2020 by Saurenergy Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […] Read more
Inox Wind Drops More Than Rs 160 Crore in Income in June Quarter Updated On Mon, Aug 31st, 2020 by Saurenergy Inox Wind had reported that its total income during the June quarter was Rs 101.90 crore, dropping more than Rs 160 crore YoY from Rs 264.53 crore. Indian wind energy service firm and manufacturer Inox Wind had reported on its financial results for the quarter ended June 30, 2020. The firm had revealed that its […] Read more
Longroad Completes Financing of 331 MW Solar Project in Texas Updated On Thu, Aug 27th, 2020 by Saurenergy Longroad Energy has announced the financial close and commencement of construction of the Prospero 2 Solar Project, a 331 MW dc project located in Texas. Longroad Energy Holdings, a US-based renewable energy developer, owner and operator, has announced the financial close and commencement of construction of the Prospero 2 Solar Project, a 331 MW dc […] Read more
C&S Electric Acquisition by Siemens Limited Approved by CCI Updated On Fri, Aug 21st, 2020 by Saurenergy CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […] Read more
HSBC Launches ‘Green Deposit’ for Financing Green Projects in India Updated On Fri, Aug 21st, 2020 by Saurenergy HSBC has launched its Green Deposit programme in India, which will enable the bank’s clients to support green and sustainable projects. British financing institution – HSBC has announced the launch of its Green Deposit programme in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s […] Read more
Tetra Tech Wins USAID Renewable Energy Contract Worth $29.7 Million Updated On Thu, Aug 20th, 2020 by Saurenergy USAID has awarded Tetra Tech a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy project (SURE II). Tetra Tech has announced that the US Agency for International Development (USAID) awarded the Company a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy […] Read more
SJVN Seeking Debt Financing of Rs 1000 Cr for Upcoming Solar Projects Updated On Thu, Aug 20th, 2020 by Saurenergy SJVN has issued an EoI inviting financing institutions to submit proposals for providing debt financing loans for its upcoming renewable projects (solar). SJVN Ltd – a mini Ratna CPSU under the Ministry of Power – has issued an Expression of Interest (EoI) inviting eligible financing institutions to submit proposals for providing debt financing loans to […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
