Etrion Sees $2.5 Million Net Loss in FY 2021 Updated On Mon, May 10th, 2021 by Saurenergy Switzerland based independent solar power producer, Etrion has recently released its financial results for the first quarter of 2021 (Q1 FY21) ended March 31, 2021. During Q1-21, Etrions’s corporate segment generated negative earnings before interest, taxes, depreciation, and amortization (“EBITDA”) of USD 1.8 million and a net loss of USD 2.5 million, compared to a […] Read more
WattEV to Build ‘Megawatt E-Truck Stop’; aims for 12,000 HD Electric Trucks on California Roads by 2030 Updated On Mon, May 10th, 2021 by Saurenergy A small start-up with big ambitions is making a serious splash in the truck transport world by building the nation’s first 25-megawatt, solar-powered, electric-only public truck stop to serve electric truck transport between California’s fast-growing Central Valley and Southern California’s bustling ports and shipping hubs. WattEV, founded by an experienced team of telecommunications and satellite […] Read more
Enel Group Releases Financial Results; Q1 2021 Unprofitable Updated On Mon, May 10th, 2021 by Saurenergy Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […] Read more
UK Charts Course for Net Zero North Sea: WoodMac Updated On Fri, May 7th, 2021 by Saurenergy Ambitious transition deal sets tough targets as UKCS players face tricky balancing act The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry’s capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050. A significant opportunity exists to create a supply […] Read more
Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results Updated On Fri, May 7th, 2021 by Saurenergy Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […] Read more
Ginlong Technologies (Solis) Achieves Another Year of Strong Sales Growth in 2020 Updated On Fri, May 7th, 2021 by Saurenergy Ningbo, China-Ginlong Technologies Co.,Ltd. (Solis) published its 2020 annual report. In 2020, the Company’s revenue reached 321.6 million, an increase of 83% year-on-year. Net profit attributable to the shareholders was USD 48.9 million, an increase of 151% year-on-year. Net profit after the deduction of extraordinary items was USD 43.1 million, +130% year-on-year. Net cash flow […] Read more
IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6 Updated On Thu, May 6th, 2021 by Saurenergy London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […] Read more
Enel Green Power Announces 1.5 GW RE Projects and 319 MW Storage in US Updated On Thu, May 6th, 2021 by Saurenergy Enel has started construction on five new renewable energy projects in the US worth 1.5 GW of new capacity and 319 MW of battery storage. Enel, through its US renewable subsidiary Enel Green Power North America, has started construction on five new renewable energy projects in the US including Roseland solar + storage, Blue Jay solar […] Read more
Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA Updated On Thu, May 6th, 2021 by Saurenergy In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […] Read more
