Vestas Reports Drop in Earnings in Q1 Results Updated On Thu, May 9th, 2019 by Saurenergy Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […] Read more
Walmart Signs Deal With C2 Energy Capital For 46 Solar Projects Across US Updated On Thu, May 9th, 2019 by Saurenergy C2 Energy Capital, LLC announced on May 8 that it executed 46 Power Purchase Agreements and leases with Walmart Inc. to provide solar power at the retailer’s operations in five states. Founded in 2014, C2 Energy Capital, LLC is an investor in renewable energy and storage assets. The Firm provides capital and support services for […] Read more
India’s Solar Powered IPO’s. Why Success Will Matter Updated On Thu, May 9th, 2019 by Saurenergy Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […] Read more
MNRE Offers Clarification on Import of Lead-Acid Battery For Solar Applications Updated On Thu, May 9th, 2019 by Saurenergy The ministry clarified that secondary cells and batteries of lead acid and nickel-based chemistry are covered under the order. The Ministry of New and Renewable Energy (MNRE) has offered clarification regarding the import of batteries of lead-acid based chemistry under the ministry’s Solar Photovoltaics Systems, Devices and Components Goods (Requirement for Compulsory Registration) order which […] Read more
Tender For 170 kW Rooftop Solar Projects Issued in Haryana Updated On Wed, May 8th, 2019 by Saurenergy The last date for bid submission is May 10, 2019 Bharat Heavy Electricals Limited (BHEL) has issued a tender, seeking bids from eligible parties for the deployment of 170 kW of grid-tied rooftop solar power projects at four locations in Haryana. The 170 kW tendered capacity will be developed as four different projects at the […] Read more
Gujarat Tenders for 2,700 MW Renewable Energy Goes Under Subscribed Updated On Wed, May 8th, 2019 by Saurenergy Gujarat’s move to auction renewable power projects totaling 2,700 MW has failed to evoke the desired response from bidders. All the three tenders — floated by the Gujarat Urja Vikas Nigam Limited (GUVNL) from January to March — have been under-subscribed. The tender for 1,000 MW solar power capacity to be built at Dholera Solar […] Read more
Govt Organises ‘Chintan Baithak’ with RE Industry Stakeholders Updated On Wed, May 8th, 2019 by Saurenergy In a bid to provide a further boost to the renewable energy sector in the country, the Ministry of New & Renewable Energy (MNRE) held a meeting, termed as ‘Chintan Baithak’, with the industry stakeholders. The government’s motive behind organizing this meet, which was chaired by the MNRE Secretary Anand Kumar, was to address various […] Read more
Rooftop Solar the Key to India’s 175 GW Renewables Target: Report Updated On Wed, May 8th, 2019 by Saurenergy The report estimates that for the next three years, solar rooftop installations will grow at a compound annual growth rate of 50 percent, suggesting a cumulative 13 GW of installed capacity by FY2021-22. Rooftop solar is the fastest growing renewable energy sub-sector in India but installations must rapidly accelerate if the nation is to meet […] Read more
SunShare Commissions 8.2 MW Community Solar Project in Minnesota Updated On Tue, May 7th, 2019 by Saurenergy The two community projects in Saint Michael and Zumbro Falls, Minnesota, consisting of six total community solar gardens, which will serve approximately 1,200 households SunShare, a community solar expert, has announced that its SaintSun and ZumbroSun community solar projects have been commissioned and are now operational. Owned and operated by SunShare, the SaintSun (6.9 MWdc) […] Read more
