MCX, IEX Sign Licensing Agreement to Launch Electricity Derivatives Updated On Fri, Oct 30th, 2020 by Saurenergy The Multi-Commodity Exchange of India (MCX) has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The Multi-Commodity Exchange of India (MCX) has said it has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The derivatives will be linked to IEX spot electricity prices […] Read more
Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas Updated On Fri, Oct 30th, 2020 by Saurenergy Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […] Read more
KKR Launches Renewable Energy Platform ‘Virescent’ in India Updated On Fri, Oct 30th, 2020 by Saurenergy Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […] Read more
Infosys is Carbon Neutral 30 Years Ahead of Target, Announces ESG Vision for 2030 Updated On Fri, Oct 30th, 2020 by Saurenergy Infosys, as a part of its ongoing Environmental, Social and Governance efforts, it is now carbon neutral in compliance with PAS 2060 standards. Infosys, one of India’s leading software services firm, has announced that as a part of its ongoing Environmental, Social and Governance (ESG) efforts, including leveraging renewables, orchestrating energy efficiencies and driving unique […] Read more
Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan Updated On Thu, Oct 29th, 2020 by Saurenergy Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […] Read more
Pledges to Be Carbon Neutral by Japan, South Korea To Ensure Solar Growth Updated On Thu, Oct 29th, 2020 by Saurenergy The story in India might be depressing, with installations likely to hit a 4 year low this year after the peak of 2017, but the bigger picture for solar remains bright. That is because in the economies that can truly swing the balance, solar remains key to achieving key emission and carbon neutrality goals. Joining […] Read more
Italy’s Fimer Unveils Strong EV Charging Portfolio for Global Markets Updated On Thu, Oct 29th, 2020 by Saurenergy FIMER, the world’s fourth largest inverter manufacturer, that acquired ABB’s inverter business last year, has now unveiled a full suite of Electrical Vehicle (EV) chargers. The comprehensive new portfolio of residential and commercial chargers will front the firm’s effort to replicate success in solar inverters in the electric mobility segment. At the launch Gaetano Belluccio, […] Read more
Inverter Major Solis Powers Up With Strongest Ever Quarter in Q3 Updated On Wed, Oct 28th, 2020 by Saurenergy Ningbo, China based Ginlong Technologies’ has reported revenue in the first three quarters of 2020 at US$202 million, a year-on-year increase of 74% over the corresponding period last year. Net profit attributable to the parent company was US$31.4 million, a year-on-year increase of 189 %, and a month-on-month increase of 53%. The company’s basic earnings […] Read more
JPMorgan Chase and Brookfield Renewable Launch Collaboration to Power Over 500 Offices and Branches in New York with 100 Percent Renewable Electricity Updated On Wed, Oct 28th, 2020 by Saurenergy JPMorgan Chase and Brookfield Renewable today announced a five-year energy agreement for supplying clean, renewable electricity to over 500 of JPMorgan Chase’s real estate operations in New York State. Brookfield Renewable, which is, together with its institutional partners, an owner and operator of one of the world’s largest publicly traded renewable power platforms, will provide […] Read more
