Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
Sungrow Ties Up With Comtronics for Distribution in Nepal Updated On Fri, Feb 18th, 2022 by Saurenergy Sungrow Power has signed a new distribution agreement with Comtronics Pvt. Ltd., a Nepalese company with an objective to develop and satisfy multi-disciplinary clients’ technical needs in Renewable Energy field. Sungrow is leading inverter supplier for renewables. This agreement marks Sungrow’s forward-looking strategy in developing the emerging markets of renewable energy ahead of competitors. […] Read more
Chile to Hold 5.25GWh RE Auctions Over Next 15 Years Updated On Thu, Feb 17th, 2022 by Saurenergy The Chilean Energy Regulator (CNE) has launched an auction to provide 5.25GWh of electricity to the national grid. This will take placevover a period of 15 years and the addition of electricity will begin from 2027. The new information has been shared by the Regulator on its website. According to the latest note, the consultation […] Read more
Jinko’s new Tiger Neo 605 panel targets both utility and commercial projects Updated On Wed, Feb 16th, 2022 by Saurenergy Even as 2020 marked a decisive shift to higher output (500 Wplus) modules, JinkoSolar’s Tiger Neo, with an efficiency up to 22.3%, and a promise to have 15-20W more wattage than the conventional p-PERC panel of the same size is set to be a frontrunner. Unlike other panels whose higher power comes from enlarged sizes, […] Read more
Lord’s Mark Industries, Kerala Automobiles to Jointly Produce EVs Updated On Mon, Feb 14th, 2022 by Saurenergy Mumbai-based Lord’s Mark Industries Pvt Ltd has entered into a joint venture (JV) with Kerala Automobiles Limited (KAL) for the manufacture of electric vehicles (EVs). The first production facility of the JV will be set up at Kannur in Kerala at an estimated investment of Rs 20-30 crore. Commercial production at the Kannur unit is […] Read more
CEC Unveils Roadmap for 100% Renewable Grid by 2030 in Australia Updated On Tue, Feb 8th, 2022 by Saurenergy As the citizens of Australia turn their attention towards the upcoming Federal Election, the Clean Energy Council (CEC) has launched its Roadmap for a Renewable Energy Future: Federal Election Policy Recommendations, which urges Australia’s political leaders to commit to meeting the country’s domestic electricity demand with clean energy by 2030. “Now is the time to […] Read more
Union Budget Raises Combined Expenditure of IREDA and SECI by 143% Updated On Fri, Feb 4th, 2022 by Saurenergy The 2022 Union Budget has increased the expenditure budget of the two of its premiere agencies that are mandated with enabling a thriving renewable sector – Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI). The budget for the two central firms has been proposed to be raised by a whopping 143 […] Read more
With Green Bonds in Budget’22, RE Financing Grows in India: IEEFA Updated On Thu, Feb 3rd, 2022 by Saurenergy As India’s renewable energy sector growth continues to outpace all other global economies, the Budget announcement on issuing green bonds – which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory, finds a new report out by the Institute for Energy Economics and Financial Analysis (IEEFA). The union […] Read more
ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22 Updated On Thu, Feb 3rd, 2022 by Saurenergy Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company. In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […] Read more
