Adani Power Posts 126% Growth in EBITDA for Q2 2020 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […] Read more
Inverted Energy Opens Lithium-ion Battery Manufacturing Facility in Delhi Updated On Fri, Nov 6th, 2020 by Saurenergy Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. Delhi-based battery manufacturer Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The company stated that the commissioning of the plant, which currently has a production […] Read more
NTPC and AAI Sign MoU to Promote Solar Plants and EVs at Airports Updated On Fri, Nov 6th, 2020 by Saurenergy AAI has signed an MoU with NVVN, an NTPC subsidiary, to promote the usage of EVs and set up solar power plants at airports across India. #AAI today signed an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) for setting up solar power plants & adoption of e-vehicles at AAI airports. The MoU was signed […] Read more
Industry Must Work With Govt on Combatting Climate Change: Javadekar Updated On Fri, Nov 6th, 2020 by Saurenergy Prakash Javadekar has appealed to key industry leaders to work with the government on combating climate change In tune with our declaration in the Paris Summit, India will reduce it’s emission intensity by 35%, we will have 100GW Solar Power, 175 GW Renewable Energy, by the year 2022. Our actions are 2 degree compliant […] Read more
MoP Amends Guidelines for Procurement of RTC Renewable Power Updated On Fri, Nov 6th, 2020 by Saurenergy The Ministry of Power (MoP) has issued amendments to guidelines for the procurement of RTC power from renewable projects, complemented with other sources. The Ministry of Power (MoP) has issued, in a Gazette Notification, amendments to guidelines for the tariff-based competitive bidding process for procurement of Round-The Clock (RTC) power from grid-connected renewable energy power […] Read more
SECI Signs MoU in Odisha to Develop Agro-Photovoltaic Solar Projects Updated On Fri, Nov 6th, 2020 by Saurenergy The Solar Energy Corporation of India (SECI) has signed an MoU with the Government of Odisha to develop Agro-Photovoltaic solar projects in the state. The Solar Energy Corporation of India (SECI) on behalf of the Government of India has announced that it has signed a Memorandum of Understanding (MoU) with the Government of Odisha to […] Read more
Adani Green Energy Increases Income but net Profit Drops 82% in Q2 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […] Read more
Sunrun to Expand Brightbox Offering to All Markets Updated On Fri, Nov 6th, 2020 by Saurenergy Brightbox rechargeable home battery product will be available in all markets in which Sunrun operates Sunrun Inc. (Nasdaq:RUN), the leading provider of residential solar, battery storage and energy services, today announced that it is bringing its rechargeable solar battery system, Brightbox, to all of the company’s active markets. Sunrun currently has more than 13,000 Brightbox […] Read more
Scatec Solar ASA – SN Power to acquire its first wind farm in Vietnam Updated On Thu, Nov 5th, 2020 by Saurenergy SN Power AS, has signed a binding agreement to acquire 100% of the shares in the 39.4 MW Dam Nai Wind Power Joint Stock Company in Vietnam from Mekong Wind Pte Ltd which is fully owned by the Singapore based Armstrong South East Asia Clean Energy Fund. Dam Nai Wind, is located in the “renewable […] Read more