Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr Updated On Mon, May 4th, 2020 by Saurenergy Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […] Read more
Time for India to Set up Manufacturing Facilities including EVs: Maxson Lewis Updated On Mon, May 4th, 2020 by Saurenergy These days, the entire world is looking for an option to China. Today, there is a mindset that if someone were to say I am getting the same product from China against from somewhere else, I will go for somewhere else. It is the most fantastic time for India to set up manufacturing facilities in […] Read more
Switzerland Offers Rebate to Lift Solar Market amid Pandemic Updated On Mon, May 4th, 2020 by Saurenergy With an aim to save the solar photovoltaic (PV) market from ongoing slum caused by coronavirus crisis, Switzerland offered another USD 47 million financial support through rebates. Through such initiatives, the Central European country is planning to lift the PV market, especially residential and commercial rooftop solar. This is significant as, after hydropower and nuclear power, […] Read more
BHEL Opens Tender for Global OEMs to Setup Facilities in India Updated On Mon, May 4th, 2020 by Saurenergy The ongoing coronavirus crisis has raised the wakeup call for global economies to diversify the manufacturing activities, which are concentrated in a single location from a long time. Thus, the situation has thrown up the need in front of global Original Equipment Manufacturers (OEMs), which are largely in China and other countries, to diversify their […] Read more
Vestas Bags Order for two Wind Projects in Complex Terrains of Vietnam Updated On Mon, May 4th, 2020 by Saurenergy Vestas has secured an order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri province. Vestas has announced that it has secured another order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri […] Read more
Siemens Gamesa Completes Senvion Assets Acquisition Updated On Mon, May 4th, 2020 by Saurenergy Siemens Gamesa has announced the final acquisition of Ria Blades, with which it has now completed the acquisition of select assets from Senvion. Siemens Gamesa Renewable Energy has announced the final acquisition of all shares in Ria Blades, S.A., the business entity which owns and operates the onshore wind turbine blade production plant in Vagos, […] Read more
SCE Signs 7 Contracts for 770 MW of Battery Energy Storage Capacity Updated On Mon, May 4th, 2020 by Saurenergy SCE has signed seven contracts totaling 770 MW of battery-based energy storage resources to help enhance California’s electric system reliability needs. Southern California Edison (SCE) has announced that it has signed seven contracts totaling 770 megawatts (MW) of battery-based energy storage resources to help enhance the region’s electric system reliability needs. The recently conducted solicitation […] Read more
EDF, Alliant Energy Commissions 200 MW Wind Project in Iowa Updated On Sat, May 2nd, 2020 by Saurenergy Independent Power Producer (IPP) EDF Renewables and public utility company Alliant Energy’s Iowa energy company has successfully commissioned 200 MW Golden Plains wind power plant in Iowa. This project is now delivering clean electricity to Iowa customers and is located in Winnebago and Kossuth counties in the north-central region of Iowa. Also, this wind project has invested […] Read more
Dominion Energy Quadruples RE and Storage in Resource Plan Updated On Sat, May 2nd, 2020 by Saurenergy Dominion Energy Virginia has quadrupled the amount of solar and wind generation in its 15-year, long-term integrated resource plan (IRP). In just one year, Dominion Energy Virginia has quadrupled the amount of solar and wind generation in its 15-year, long-term integrated resource plan (IRP). The increase is driven, in part, by Governor Ralph Northam’s executive order on […] Read more
