Canadian Solar Reports $1.43 Billion Revenues in Q2 FY21, a 105% YoY Increase Updated On Tue, Aug 17th, 2021 by Saurenergy Canadian Solar Inc. has announced its financial results for Q2 FY21 with strong revenues of $1.43 billion. The firm reports that net revenue in the Q2 FY21 grew by 105% YoY and 31% QoQ to $1.43 billion. The sequential improvement was driven by an increase in module shipments and average selling price (ASP), growth in […] Read more
Scotland’s Firth of Forth Net Zero Hub Key for Climate Goals: WoodMac Updated On Tue, Aug 17th, 2021 by Saurenergy The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie. “Net […] Read more
Bangladesh Invites Bids for 68 MW Solar Project in Sirajganj Region Updated On Tue, Aug 17th, 2021 by Saurenergy The Bangladesh-China Renewable Energy Company (BCRECL) has invited bids for the engineering, procurement, and construction (EPC) of a 68 MW solar energy project on a turnkey basis in Sirajganj, Bangladesh, including the construction of a 15 km 132 kV double circuit transmission line with a substation bay. BCRECL is a joint venture between the North-West […] Read more
SJVN Wins Bihar’s 200 MW Solar Project Auction Worth Rs. 1,000 Crore Updated On Mon, Aug 16th, 2021 by Saurenergy A joint venture of Govt. of India & Govt. of Himachal Pradesh, SJVN on Saturday announced winning the auction for 200 MW of Grid-Connected Solar Project of Rs, 1,000 crores in Bihar. According to SJCN’s Chairman Mr. Nand Lal Sharma, SJVN Ltd got the project through Open Competitive Tariff Bidding Process for quoted capacity of […] Read more
ACWA Power Achieves Financial Close for 1500 MW Sudair Solar Plant Updated On Mon, Aug 16th, 2021 by Saurenergy ACWA Power, based in Saudi Arabia, has announced the financial close for the 1500 MW Sudair Solar plant, a key project under the Public Investment Fund (PIF) renewable energy program in the country. The program aims to support Saudi Arabia’s ongoing energy transition and diversification, and to deliver 70% of the country’s renewable energy under […] Read more
Sterling and Wilson Solar Q1 Results. Underwhelming Updated On Mon, Aug 16th, 2021 by Saurenergy Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […] Read more
PM’s I Day Speech-Is India Hurting Itself By Thinking Too Far Ahead? Updated On Mon, Aug 16th, 2021 by Saurenergy Prime Minister Narendra Modi, who has a somewhat well earned reputation for making momentous announcements on days when he is the focus of attention, did not disappoint when it came to his Independence day speech. Calling for the country to be free of energy imports by 2047, he went on to announce a National Hydrogen […] Read more
TPREL Commissions 100 MW Solar Project At Raghanesda, Gujarat Updated On Fri, Aug 13th, 2021 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power has successfully commissioned 100 MW Solar Power project at Raghanesda Solar Park, Gujarat. This project is another landmark for TPREL, as in the first year of its operation, the 100MW plant is expected to generate 255 million units. Raghanesda Solar Park, located […] Read more
APTEL Swayed By Solar Developer’s Appeal Of Financial Distress Updated On Fri, Aug 13th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has issued a new order in favour of Sahasradhara Energy Private Limited, allowing the interim financial relief sought by the developer that the Uttar Pradesh New and Renewable Energy Development Agency (UPNREDA), Uttar Pradesh Electricity Regulatory Commission (UPERC), and Uttar Pradesh Power Corporation Ltd (UPPCL) had aggressively opposed. In 2015, […] Read more
