The Philippines Power Sector can Reach Resilience by 2021: IEEFA Updated On Wed, Jun 24th, 2020 by Saurenergy The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […] Read more
Sterling And Wilson Solar Results Updated On Wed, Jun 24th, 2020 by Saurenergy Continuing its somewhat strange relationship with the capital markets, Sterling and Wilson Solar finally released its March quarter results, and full year consolidated results, late yesterday night. The auditors apparently delivered signed copies of the books only by 11:24 p.m, as per the firm’s release to the BSE. Preceded by an over 4 hour board […] Read more
CONSYST to Build State RE Data Center at Kerala State Electricity Board Updated On Tue, Jun 23rd, 2020 by Saurenergy Engineering and technology solutions provider CONSYST has secured a project from state-owned Kerala State Electricity Board Ltd (KSEB) to build the state renewable energy (RE) data center at Vydyuthi Bhavan in Thiruvananthapuram. Kochi-based CONSYST is a leading Industry 4.0 automation system integration company. Commenting on securing the project from KSEB, Jasir Sabri, Managing Director at […] Read more
Adani Power Board Gives Nod for Delisting from Indian Bourses Updated On Mon, Jun 22nd, 2020 by Saurenergy The board of Adani Power Ltd (APL), a part of the diversified Adani Group, has provided its consent on the proposal for delisting of the company’s equity shares from the stock exchanges i.e. both from BSE and NSE. The promoter group collectively holds 289.16 crore equity shares of APL representing 74.97 per cent of the […] Read more
Highview Power Gets £10 Mn Grant From UK Govt for 50 MW CRYOBattery Updated On Fri, Jun 19th, 2020 by Saurenergy Highview Power has been awarded a GBP 10 million grant from the UK Department for BEIS for a 50 MW cryogenic energy storage (CRYOBattery) facility. Highview Power, a global leader in long-duration energy storage solutions, has announced that it has been awarded a GBP 10 million grant from the UK Department for Business, Energy & […] Read more
MHI Vestas Gets Firm Order for 1140 MW Offshore Wind Project Updated On Wed, Jun 17th, 2020 by Saurenergy Seagreen Wind Energy has finalised the turbine supply contract with MHI Vestas for 114 turbines for Scotland’s largest offshore wind farm. MHI Vestas has announced that Seagreen Wind Energy has finalised the turbine supply contract with the manufacturer for 114 turbines for Scotland’s largest offshore wind farm. It was in October 2019, when MHI Vestas […] Read more
Ørsted CEO Henrik Poulsen Resigns After 8 Years at the Helm Updated On Tue, Jun 16th, 2020 by Saurenergy After eight years in the role, Henrik Poulsen has resigned from his position as CEO of Ørsted, will continue as CEO until January 31, 2021, at the latest. After eight years in the role, Henrik Poulsen has resigned from his position as CEO of Ørsted on June 15, 2020. He will continue as CEO of […] Read more
SECI Disburses Rs 10.3 Cr in GST Claims to 6 SPDs in May Payments Updated On Tue, Jun 16th, 2020 by Saurenergy SECI has detailed that it has reimbursed six firms or SPDs (across their multiple subsidiary SPVs) for GST claims to the tune of Rs 10.35 crore. The Solar Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power […] Read more
Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments Updated On Fri, Jun 12th, 2020 by Saurenergy Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […] Read more