Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years Updated On Fri, Nov 15th, 2019 by Saurenergy In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […] Read more
Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019 Updated On Fri, Nov 15th, 2019 by Saurenergy Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […] Read more
Adani Green Energy Q2 Results Show Rs 102 Crore Profit Updated On Thu, Nov 14th, 2019 by Saurenergy Adani Green Energy recently posted its financial results for Q2, reporting a consolidated net profit of Rs 102 crore Adani Green Energy recently posted its financial results for the second quarter (Q2) of the fiscal, reporting a consolidated net profit of Rs 102 crore for the September quarter of 2019-20. The company reported a loss of […] Read more
Masdar Acquires Stake in Hero Future Energies Updated On Wed, Nov 13th, 2019 by Saurenergy Entering the Indian renewable energy market, Masdar has acquired a robust minority stake in Hero Future Energies Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries. And now, entering the Indian renewable energy market, the firm has […] Read more
SolarEdge Q3 Revenue Surges 74% to $410.6 Mn Updated On Fri, Nov 8th, 2019 by Saurenergy SolarEdge revenues for the solar business jumped by 66 percent to USD 387.8 million, from USD 233.8 million in the same quarter previous year. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 74 percent in its total revenue at USD 410.6 million during the third quarter of FY 2019, as against USD […] Read more
U GRO Capital, Sunvest Capital Launch Rs.20 Crore Rooftop Solar Funding Updated On Fri, Nov 8th, 2019 by Saurenergy Capital, the key missing link in so many solar rooftop plans, is finally coming to solar too. In another move to fill the vast gap that exists between potential, demand, and actual supply, SME focused finance start up U Grow Capital has joined hands with Sunvest Capital to provide co lending for solar rooftop and […] Read more
US DOE Grants $128 Mn to Advance Solar Technologies Updated On Thu, Nov 7th, 2019 by Saurenergy The US Department of Energy (DOE) has announced the selections for USD 128 million in new projects to advance solar technologies. The U.S. Department of Energy (DOE) announced selections for USD 128 million in new projects to advance solar technologies. Through the Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office, DOE will […] Read more
ADB Grants $451 Mn to Strengthen Power Connectivity in Tamil Nadu Updated On Thu, Nov 7th, 2019 by Saurenergy ADB has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the CKIC in Tamil Nadu The Asian Development Bank (ADB) has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu, […] Read more
Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more
