PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1 Updated On Fri, Aug 14th, 2020 by Saurenergy PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […] Read more
5 Winners in GUVNL’s 700 MW Solar Tender, Vena & Tata L1 Bidders Updated On Fri, Aug 14th, 2020 by Saurenergy GUVNL’s 700 MW solar tender saw the entire capacity awarded to five bidders, with Tata Power and Vena Energy submitting the winning L1 bids of Rs 2.78/kWh. The recently concluded auctions for the Gujarat Urja Vikas Nigam Limited’s (GUVNL’s) 700 MW solar tender saw the entire capacity awarded to five bidders. With Tata Power and Vena Energy […] Read more
Envision Solar Announces 1st EV ARC Order From Baltimore G&E Updated On Fri, Aug 14th, 2020 by Saurenergy Envision Solar, a leading producer of unique and sustainable infrastructure products for electric vehicle (EV) charging, energy security and outdoor media, announced that Baltimore Gas and Electric (BGE) has ordered its EV ARC product to forward the utility’s innovation and environmental stewardship efforts and to promote off-grid EV charging within its workplaces and corporate offices. […] Read more
MNRE Grants Blanket 5-Month Extension for RE Projects due to COVID-19 Updated On Fri, Aug 14th, 2020 by Saurenergy MNRE has granted a 5-month time extension from March 25, 2020, to August 24, 2020, to all RE projects under implementation due to COVID-19 The Ministry of New and Renewable Energy (MNRE) has informed that in supersession to its previous orders, it has been decided that all renewable energy (RE) projects under implementation as on […] Read more
Lightsource bp Partners up for 300 MW Solar Project in Colorado Updated On Thu, Aug 13th, 2020 by Saurenergy McCarthy Building Companies has been named by Lightsource bp as the EPC Contractor for the 300 MW Bighorn Solar project in Colorado McCarthy Building Companies’ Renewable Energy & Storage team has been named by Lightsource bp as the Engineer, Procure, and Construction (EPC) Contractor for the 300 MW Bighorn solar project in Colorado, which will […] Read more
Britishvolt Announces new Partners & Project Director for Gigaplant Updated On Thu, Aug 13th, 2020 by Saurenergy Britishvolt has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Britishvolt, the UK’s foremost investor in battery technologies, has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Macera, who is reporting directly to Britishvolt CEO, Orral Nadjari, leads one of the largest […] Read more
XLRI Planning for 1 MW Solar Plant in NCR Campus Updated On Thu, Aug 13th, 2020 by Saurenergy The Xavier School of Management (XLRI) is planning to set up a 1 MW solar power plant in its newly established Delhi NCR campus in Jhajjar, Haryana. The Xavier School of Management (XLRI), one of the top 10 business management schools in India, is planning to set up a 1 MW solar power plant in […] Read more
Wind and Solar Met 9.8% of Global Electricity Production in H1 2020: Report Updated On Thu, Aug 13th, 2020 by Saurenergy In H1 2020, wind and solar generation rose 14 percent compared to H1-2019, generating 9.8 percent or nearly one-tenth of global electricity. A new report has put the spotlight on how fast wind and solar energy have expanded over the last few years to become major sources of electricity generation in most countries around the […] Read more
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
