Adani Green Energy Offers 8.75 Crore Shares For Sale Updated On Tue, May 21st, 2019 by Saurenergy Adani Tradeline LLP and Universal Trade and Investment together would offer 8.75 crore equity at an offer price of Rs 43 per piece and the OFS will open for one day on Tuesday, May 21, 2019. Adani Green Energy has issued in a statement that two of its promoters Adani Tradeline LLP and Universal Trade […] Read more
Four Renewable Energy Companies Show The Way in Cape Town Updated On Tue, May 21st, 2019 by Saurenergy South Africa’s Cape Town’s clean energy ambition needs an overhaul and according to South Africa outlet, these 4 companies are one to watch out for. South Africa’s famous city, Cape Town has set an ambitious goal of having renewable power account for 20% of its energy mix by 2020, which a number of companies will […] Read more
Vestas Secures 249 MW Order From EDF Renewables For Texas Wind Project Updated On Tue, May 21st, 2019 by Saurenergy Vestas will supply its V120-2.2 MW turbines for the 273 MW project. The full project size includes previously purchased 2 MW Vestas PTC components. Denmark-based wind energy major, Vestas has bagged an order from EDF Renewables for supplying 249 MW of turbines for the Las Majadas wind project in Texas. Vestas will supply its V120-2.2 […] Read more
Danish Renewable Energy Infrastructure Fund Closes on $700 Mn Updated On Mon, May 20th, 2019 by Saurenergy Copenhagen Infrastructure Partners (CIP) new fund, the New Markets Fund I, which will invest in renewable energy infrastructure targeting fast-growing major new economies primarily in Asia and Latin America, reached the first close of USD 700 million. “Obtaining first close commitments of USD 700m from a group of leading Nordic investors is an important proof […] Read more
Vattenfall & GE to Cooperate on Deployment of Largest Offshore Turbine in Europe Updated On Mon, May 20th, 2019 by Saurenergy Vattenfall and GE Renewable Energy plan to join forces in the deployment of GE’s new wind turbine, the Haliade-X in Europe. With a capacity of 12MW, it is the largest offshore wind turbine on the market to date. Development and production of the new 12MW turbine. It features a 220-meter rotor, a 107-meter blade (the […] Read more
Bad News. After Karnataka, Tamil Nadu’s Tangedco gets Tender Fatigue Updated On Mon, May 20th, 2019 by Saurenergy If there was ever a case of the perils of high government involvement, the renewables sector has probably seen every aspect of it in the past year. From open tenders with price ceilings, to waiting for policy clarity on cost escalations due to safeguard duty, and now, the incredible news of some of the leading […] Read more
Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd Updated On Sat, May 18th, 2019 by Saurenergy Industry Needs Some Breathing Space in Terms of Prices to Grow Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […] Read more
Can a change in government make an impact on the solar sector? Updated On Sat, May 18th, 2019 by Saurenergy With the 17th Lok Sabha Elections taking centre stage since April, this is the question that really matters for anyone in the solar sector. We speak to 3 industry experts to give you a perspective. Animesh Damani, Managing Partner, Artha Energy Resources “We strongly believe that commitment, focus and execution of the incumbent regime towards […] Read more
JSW Energy Bounces Back in Black in Q4; Drops EV Biz Plan; to Focus on Power Biz Updated On Fri, May 17th, 2019 by Saurenergy The power generation arm of JSW Group has reported its consolidated net profit after tax (PAT) at Rs 5.79 crore in the January-March quarter of FY 19, against a net loss of Rs 480.05 crore during the same period previous year, led by higher revenues. On the back of prevailing higher uncertainties in the electric […] Read more
