JSW Energy Bounces Back in Black in Q4; Drops EV Biz Plan; to Focus on Power Biz Updated On Fri, May 17th, 2019 by Saurenergy The power generation arm of JSW Group has reported its consolidated net profit after tax (PAT) at Rs 5.79 crore in the January-March quarter of FY 19, against a net loss of Rs 480.05 crore during the same period previous year, led by higher revenues. On the back of prevailing higher uncertainties in the electric […] Read more
Clearway Energy Begins Work on 419 MW Texas Wind Farm Updated On Tue, May 14th, 2019 by Saurenergy San Francisco-based clean energy group, Clearway Energy Group has announced that it has closed financing and commenced construction on Mesquite Star, a 419 MW wind farm in Fischer and Nolan counties in Texas. Mizuho Bank of Japan led the group of banks including KeyBank, MUFG, and Santander, that will provide a loan to finance the […] Read more
Tata Power Inks Pact with MGL to Expand Footprints in e-mobility, Other Services Updated On Mon, May 13th, 2019 by Saurenergy This deal is the fourth major partnership of an electric utility company with an energy retailer to further expand its presence in the e-mobility space. In order to become future ready, utility giant Tata Power has entered into an agreement with one of the country’s leading city gas distribution companies, Mahanagar Gas Ltd (MGL), to […] Read more
Innergex Closes Construction Financing For its 328 MW Texas Wind Farm Updated On Fri, May 10th, 2019 by Saurenergy The facility is expected to produce a gross estimated long-term average of 1,230 GWh and will be the largest wind farm project built by Innergex. Canadian renewable energy solutions firm, Innergex Renewable Energy has announced the closing of a construction financing and tax equity commitment for the Foard City wind project located in Foard County, […] Read more
Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating Updated On Thu, May 9th, 2019 by Saurenergy The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s. Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […] Read more
Vestas Reports Drop in Earnings in Q1 Results Updated On Thu, May 9th, 2019 by Saurenergy Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […] Read more
STMicroelectronics’ IGBTs Boost Performance with Latest High-Speed Technology Updated On Wed, May 8th, 2019 by Saurenergy IGBT series delivers efficiency and performance gains for medium- and high-speed applications such as uninterruptible power supplies (UPS) and solar inverters. The STMicroelectronics HB2 650V IGBT series delivers efficiency and performance gains for medium- and high-speed applications such as PFC converters, welders, uninterruptible power supplies (UPS), and solar inverters, leveraging ST’s latest Trench Field Stop (TFS) […] Read more
LONGi 72 Bifacial Half Cell Module Hits Record with 450W Front-Side Power Updated On Tue, May 7th, 2019 by Saurenergy One of the leading solar module manufacturers in the world, LONGi has announced that the front side power of its 72-cell Bifacial half-cut module exceeded 450W, achieving one of the world’s highest power in this module type. This new record was tested and verified by renowned certification agency TÜV-SÜD. This marked another successful feat for […] Read more
Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019 Updated On Tue, May 7th, 2019 by Saurenergy Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […] Read more
