EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down Updated On Mon, Sep 7th, 2020 by Saurenergy EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […] Read more
Overall Electricity Demand Nearly at pre-Covid Levels: ICRA Updated On Thu, Sep 3rd, 2020 by Saurenergy The all India electricity demand is witnessing a gradual recovery and stood at 98 percent of the pre-COVID level in August 2020, finds ICRA The all India electricity demand is witnessing a gradual recovery and stood at over 96 percent of the pre-Covid level in July 2020 and further improved to close to 98 percent […] Read more
Sungrow Signs 900 MW Agreement for 1500V Inverter Solution to Dubai Updated On Thu, Sep 3rd, 2020 by Saurenergy Sungrow has partnered with Shanghai Electric to supply its latest 1500V turnkey inverter solution to the 900 MW 5th phase of the MbRAM Solar Park in Dubai. Sungrow, a leading global inverter solution supplier for renewables, has announced that it has partnered with Shanghai Electric to supply its latest 1500V 6.25 MW turnkey solution to the […] Read more
Trina, Longi Report Strong Sales in Apr-June Quarter On Buoyant US, China Demand Updated On Tue, Sep 1st, 2020 by Saurenergy Tier 1 module manufacturers from China, Longi Solar and Trina Solar, seem to have shrugged off the impact of the Covid pandemic very well, with very strong results for the April to June quarter , and Hi, in case of Longi. The firms have reaped the full benefits of their strong domestic as well as […] Read more
Sungrow Bags 100% Bankability for a Second Year From BNEF Updated On Mon, Aug 31st, 2020 by Saurenergy Sungrow has once again been ranked “100% bankable” by BNEF as per its latest survey of PV Module & Inverter Bankability 2020. The firm has also completed delivery for South Korea’s largest hybrid plant. Sungrow, one of the leading global inverter solution suppliers for renewables, has announced that it has once again been ranked “100% […] Read more
Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive Updated On Mon, Aug 31st, 2020 by Saurenergy Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […] Read more
C&S Electric Acquisition by Siemens Limited Approved by CCI Updated On Fri, Aug 21st, 2020 by Saurenergy CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
EVage Introduces India’s First Home-Built Exoskeleton Structure for EVs Updated On Tue, Aug 18th, 2020 by Saurenergy Mobility tech start-up firm EVage has introduced India’s first home-built ‘Exoskeleton Structure’ that will provide a common platform for the launch of EVs Mobility tech start-up firm EVage has introduced India’s first home-built ‘Exoskeleton Structure’ that will provide a common platform for the launch of electric vehicles (EVs) as SUVs, Vans, Delivery Vehicles and Trucks. […] Read more
