Suzlon Energy Posts Net Loss at Rs 625.76 Cr in Sept Quarter Updated On Thu, Nov 15th, 2018 by Saurenergy However, it’s consolidated total income from operations grew to Rs 1,221.89 crore during Q2 2018-19, as compared to Rs 1,179.07 crore during the same period last year. Leading wind turbine maker Suzlon Energy reported its consolidated net loss after tax at Rs 625.76 crore in the July-September quarter of FY19. “The consolidated net profit after […] Read more
Adapt or Die – Can Renewables Save the Planet, or Is It Too Late? Updated On Thu, Nov 15th, 2018 by Saurenergy Since the recently held Global Climate Action Summit where global leaders debated the practicalities of taking the climate change battle to the next level, media sources the world over have all been reporting the same thing: if global warming is not kept in check, there will be dangerous environmental and socio economical consequences. The BBC headlined with […] Read more
Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
India’s Solar Capacity Addition to Fall by 55% in FY19 Updated On Wed, Nov 14th, 2018 by Saurenergy However, the rooftop solar market continues to register a robust performance growing at a pace of 70% annually. Renewable energy consultancy firm Bridge to India has painted a grim picture of the solar industry in the country and has claimed that the solar capacity addition in the current FY will be 55% less than it […] Read more
ENGIE Acquires 90% Stake in Simpa Energy India Updated On Wed, Nov 14th, 2018 by Saurenergy ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […] Read more
INSPIRE 2018 Concludes After Three Days of Insightful Deliberations; Showcased Four Unique & Innovative Solutions for Energy Efficient India Updated On Wed, Nov 14th, 2018 by Saurenergy The three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) concluded in New Delhi, today. Organised by Energy Efficiency Services Limited (EESL), a joint-venture of PSUs under the Ministry of Power, Government of India, and the World Bank, the third edition of INSPIRE witnessed participation from over 300 experts and delegates […] Read more
MNRE Issues Draft Scheme on Indian Wind Turbine Certification Updated On Tue, Nov 13th, 2018 by Saurenergy The scheme will not only provide a framework for standards, but also cater to the technical regulations and requirements Consolidating National and International Standards, Ministry of New and Renewable Energy (MNRE) has issued a draft scheme on wind turbines in India. Known as the ‘Indian Wind Turbine Certification Scheme’ (IWTCS), the draft has been prepared […] Read more
Leaders Gather for Groundbreaking of Georgia’s Solar Plant Updated On Tue, Nov 13th, 2018 by Saurenergy The largest infrastructure project in Twiggs County, the GA Solar 4 project will create up to 400 construction jobs and ongoing tax revenues for the region. Leaders of various organisations gathered on Monday in Twiggs County, Georgia to celebrate the ceremonial groundbreaking of the largest solar plant in the state. The largest infrastructure project in […] Read more
Largest Solar Power Study to Date Discovers 25% Power Loss Updated On Mon, Nov 12th, 2018 by Saurenergy RESEARCHERS at the University of Huddersfield have undertaken the largest study to date into the effectiveness of solar panels across the UK and discovered that parts of the country are suffering an overall power loss of up to 25% because of the issue of regional ‘hot spots’. Hot spots were also found to be more […] Read more
