Canadian Solar Subsidiary Closes Sale of North Carolina Project Updated On Tue, Nov 19th, 2019 by Saurenergy Canadian Solar has announced that its wholly-owned subsidiary Recurrent Energy has closed the sale of a North Carolina solar project to NextEnergy Capital. Canadian Solar has announced that its wholly-owned subsidiary Recurrent Energy has closed the sale of 99 percent of the partnership that owns the Class B membership interest in the 74.8 MWac/102 MWp NC 102 solar photovoltaic […] Read more
Azure Power Quarterly Revenue up 28% at $40.3 Million Updated On Sat, Nov 16th, 2019 by Saurenergy Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […] Read more
Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps Updated On Sat, Nov 16th, 2019 by Saurenergy Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […] Read more
Part 2 on The Discom Perspective of Solar. Solutions Updated On Fri, Nov 8th, 2019 by Saurenergy Continuing from Part 1 of the analysis yesterday, we move to part 2 today, on the solutions discoms have proposed. In part 1 of our analysis of the report ” Solar Rooftop-The Discom Perspective”, we shared with you the key issues flagged by multiple discoms across India , when it comes to their relationship with […] Read more
The Problem with Rooftop Solar. Discom View Updated On Thu, Nov 7th, 2019 by Saurenergy In the first of a two-part series based on the report, Solar Rooftop, The Discom Perspective, we bring to you the issues, and possible solutions (in part 2) proposed by discoms. The report has been released by TERI and the Shakti Sustainable Energy Foundation. Even as India’s renewable renaissance has stumbled in the past 18 […] Read more
STMicroelectronics Posts Q3 Net Revenue at $2.55 Bn Updated On Thu, Oct 24th, 2019 by Saurenergy For the full year 2019, we expect net revenues at the mid-point to be about USD 9.48 billion, accompanied by a double-digit operating margin performance, said the company spokesperson. One of the leading semiconductor provider STMicroelectronics (ST) has reported marginally higher net revenue by 1.2 percent at USD 2.55 billion during the third quarter of […] Read more
Scatec Solar Posts Strong Financial Results for Q3 2019 Updated On Mon, Oct 21st, 2019 by Saurenergy Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […] Read more
Can Rooftop Solar be the Game Changer to Achieve India’s Ambitious Solar Target? Updated On Thu, Oct 10th, 2019 by Saurenergy India is on its way to phase out fossil-based energy generation and adopt green energy. The growing population and the need for energy align with India’s transition initiatives, thus satisfying energy demands and in the process reducing the carbon footprint. The country’s per capita energy consumption currently stands close to one-third of the world’s average. […] Read more
Does Solar Rooftop Need to Take a Cue from Compulsory rainwater harvesting? Updated On Wed, Oct 9th, 2019 by Saurenergy After Prime Minister Narendra Modi expressed his concern via ‘Mann Ki Baat’ program about water crisis, rainwater harvesting also become the talk of the town, like solar these days. India has shown massive capacity additions in solar but has fallen behind on its target of achieving 40 GW rooftop solar by 2022. Here’re a few […] Read more
