Azure Power Quarterly Revenue up 28% at $40.3 Million Updated On Sat, Nov 16th, 2019 by Saurenergy Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […] Read more
Big Move. £555 Billion European Investment Bank to Stop Lending To Fossil Fuel Projects Updated On Fri, Nov 15th, 2019 by Saurenergy In what could be called the ‘Venice Effect’ perhaps, the European Investment Bank, (EIB) the lending arm of the European Union has decided to stop funding fossil fuel projects as part of lending policy Yesterday, even as the world was absorbing images of the city of Venice going underwater due to unprecedented flooding caused by […] Read more
ADB Secures GCF Funding for Innovative Climate Finance Fund in China Updated On Fri, Nov 15th, 2019 by Saurenergy GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […] Read more
ISTS Charges Waived for Solar & Wind Projects Commissioned by 2022 Updated On Fri, Nov 15th, 2019 by Saurenergy Ministry of Power has announced that ISTS charges for solar and wind energy projects will be waived off if they are commissioned before December 31, 2022 The Ministry of Power (MoP) has announced that the Interstate Transmission System (ISTS) charges and losses on the transmission of electricity generated from solar and wind energy projects will […] Read more
Octopus Acquires 9 Wind Farms from RES Group in $110 mn Deal Updated On Fri, Nov 15th, 2019 by Saurenergy Octopus Renewables has agreed to purchase 9 wind energy farms in the UK, France and Ireland from RES Group for USD 110 million Octopus Renewables has agreed to purchase nine wind energy farms in the UK, France and Ireland from RES Group for a reported fee in the region of GBP 100 million (USD 110 […] Read more
JinkoSolar Recognised as a China National Manufacturing Champion Updated On Fri, Nov 15th, 2019 by Saurenergy JinkoSolar has announced that it has been recognised as one of the China National Manufacturing Champion by the MIIT and CFIE JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced that it has been recognised as a China National Manufacturing Champion. The selection of the enterprises is organised jointly […] Read more
Uttarakhand to Empanel Bidders for 10 MW Rooftop Solar Projects Updated On Fri, Nov 15th, 2019 by Saurenergy UPCL has issued an EoI for the empanelment of vendors for grid-connected rooftop solar power projects ranging in capacity between 1 kW-500 kW in Uttarakhand The Uttarakhand Power Corporation Limited (UPCL) has issued an Expression of Interest (EoI) for the rate contract and empanelment of eligible bidders and vendors for grid-connected rooftop solar power projects […] Read more
BHEL Tenders For Solar Cable for 175 MW Gujarat Projects Updated On Fri, Nov 15th, 2019 by Saurenergy BHEL has issued two tenders for the supply of solar cable for two solar projects in Gujarat worth a combined 175 MW capacity Bharat Heavy Electricals Limited (BHEL) has issued two tenders, inviting bids from eligible vendors for the supply of solar cable for two solar projects in Gujarat worth a combined 175 MW. The […] Read more
Hexagon Peak, Huawei Ink Pact for 200MW Solar Projects in Vietnam Updated On Thu, Nov 14th, 2019 by Saurenergy China-based one of the leading photovoltaic (PV) inverter makers, Huawei has entered into an agreement with Hexagon Peak, the project development arm of Hexagon Holdings Singapore, for Hexagon’s pipeline of 200 MW utility scale projects in Vietnam, which estimated COD in first quarter of 2021. Commenting on the partnership, Hexagon Peak, Chief Executive Officer, Milan […] Read more
