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
EXIM Bank Grants $35.8 Mn to Republic of Suriname for Hybrid PV Systems Updated On Fri, Jan 31st, 2020 by Saurenergy Exim Bank has extended a LOC to the Government of the Republic of Suriname, for financing a rural electrification project using solar DG hybrid PV systems The Export-Import Bank of India (Exim Bank) has, on behalf of the Government of India, extended a Line of Credit [LOC] of USD 35.80 million, to the Government of […] Read more
Vestas Receives Wind Turbine Order Worth 84 MW in China Updated On Wed, Jan 29th, 2020 by Saurenergy Vestas has received an 84 MW order in China that includes the supply of 22 turbines delivered in 3.8 MW power optimised mode Vestas has received an 84 MW order in China that includes the supply of 22 (V136-3.45 MW) turbines delivered in 3.8 MW power optimised mode as well as a 5-year Active Output […] Read more
Clir Renewables Hits 6 GW Milestone, Tripling its Portfolio in 2019 Updated On Tue, Jan 28th, 2020 by Saurenergy Clir Renewables has surpassed a total of 6 GW of assets on its platform in 2019, a three-fold increase from 2 GW at the end of 2018. New figures from Clir Renewables, a leading cloud-based AI platform that provides asset managers and owners with tools to maximise annual energy production, surpassed a total of 6 […] Read more
Scatec Solar Reports Strong Q4 With 32% EBITDA Growth Updated On Mon, Jan 27th, 2020 by Saurenergy Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million (1,666) (USD 181 million), and EBITDA of NOK 434 million (329). Power production reached 298 […] Read more
Spruce Finance Acquires 5864 Rooftop Solar Assets Worth 31.3 MW Updated On Fri, Jan 24th, 2020 by Saurenergy Spruce Finance has completed its most significant solar portfolio acquisition to date, with the purchase of 5,864 rooftop solar assets totaling 31.3 MW Spruce Finance, one of the largest private owner and operator of residential solar assets in the US, has completed its most significant solar portfolio acquisition to date. Spruce’s purchase of 5,864 rooftop […] Read more
Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
ATUM – World’s 1st Integrated Solar Roof Gets IEC CB 2016, UL 61730 Certification Updated On Thu, Jan 23rd, 2020 by Saurenergy Adding another feather in its cap, country’s one of the leading cement roofing sheet maker Visaka Industries said on Thursday that it has successfully passed the solar photovoltaic (PV) module tests for its ATUM product. Illinois-based global safety science company UL has certificated ATUM as per the latest International Electrotechnical Commission (IEC) and UL standards with […] Read more
India Needs $2.64 Tn in Investments to Meet UN SDGs by 2030: Report Updated On Wed, Jan 22nd, 2020 by Saurenergy A new report has revealed that India will need an estimated USD 2.64 trillion in investments to meet the UN SDGs by 2030. A new report has revealed that India will need an estimated USD 2.64 trillion in investments to meet the United Nation’s sustainable development goals (SDGs), offering the private sector an investment opportunity of over […] Read more
