Vestas Sees Revenue of €12.1 Bn in 2019, Projects Over €14 Bn for 2020 Updated On Wed, Feb 5th, 2020 by Saurenergy Vestas has issued its financial results for the year 2019 reporting that for the full year revenue amounted to EUR 12.1 billion Vestas has issued its financial results for the year 2019. For the full year 2019, revenue amounted to EUR 12.1 billion, with the EBIT margin before special items were 8.3 percent, and total […] Read more
Safeguard Duty Knots. Azure Power Wins Reprieve from CERC Updated On Wed, Feb 5th, 2020 by Saurenergy Azure Power, which had gone to the central Electricity Regulatory Commission (CERC) to get compensation from SECI for two of its bids, due to the imposition of Safeguard Duty (SGD) on 30.07.2018, has found a willing ear at CERC. The two cases here were petition numbers 356/MP/20198, and 51/MP/2019. In an order that mirrors the […] Read more
Siemens to Acquire Iberdrola’s Stake in Siemens Gamesa RE for EUR 1.1 Bn Updated On Wed, Feb 5th, 2020 by Saurenergy Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola after the supervisory board approved the purchase Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Spanish utility Iberdrola S.A. At its regular meeting, the Supervisory Board of Siemens AG has approved the […] Read more
Siemens Gamesa Sees 82% Growth in Orders, Despite Hard First Quarter Updated On Tue, Feb 4th, 2020 by Saurenergy Siemens Gamesa has reported an 82% increase in orders intake, with firm orders rising to EUR 4,628 million in the first quarter of FY 2020. Rising demand for wind power as a response to the transition towards non-polluting energies drove commercial activity for Siemens Gamesa in the first quarter of FY 2020. The company has […] Read more
Could Ørsted Come for Solar And Storage in India? Updated On Tue, Feb 4th, 2020 by Saurenergy Ørsted , formerly DONG ( Denmark Oil and Natural Gas) was a typical energy firm a decade back, primarily making its money from oil, coal, and natural gas. Now, it has been voted the world’s most sustainable firm. How did that happen? The accolade of the world’s most sustainable firm for Ørsted , while a […] Read more
Economic Survey 2019-20. Opportunity Ignored? Updated On Fri, Jan 31st, 2020 by Saurenergy The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to […] Read more
Budget 2020: Solar Industry Wishlist for Sitharaman Updated On Mon, Jan 27th, 2020 by Saurenergy Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […] Read more
Trina Solar’s First 210 mm Module Rolls off Production Line Updated On Mon, Jan 27th, 2020 by Saurenergy Trina Solar has announced the 1st large-size module that deploys the 210 mm silicon wafer (210 module) formally rolled off the company’s production line Trina Solar has announced that the first large-size module that deploys the 210 mm silicon wafer (210 module) developed by the company formally rolled off the company’s production line. The firm […] Read more
Boson Robotics Sees Opportunity in India Updated On Sat, Jan 25th, 2020 by Saurenergy One of the biggest challenges in maintaining a solar farm is the issue of cleaning. Keeping the panels clean can make a huge difference to productivity of solar power, especially at utility scale. That has led to the emergence of firms specialising in the job. It wasn’t long though, before a Chinese firm started to […] Read more
