Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019 Updated On Fri, Nov 15th, 2019 by Saurenergy Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […] Read more
Sanjay Varghese to Head ReNew Power’s Solar Business Updated On Thu, Oct 17th, 2019 by Saurenergy ReNew Power has announced that it has promoted Sanjay Varghese to the post of Executive President and head the firms’ solar business India’s largest renewable energy IPP, ReNew Power has announced that it has promoted Senior Vice President Sanjay Varghese to the post of Executive President. In his new role Varghese will head the solar […] Read more
SECI Tenders for Solar PV Home Cooking Systems Updated On Thu, Oct 10th, 2019 by Saurenergy SECI has issued a tender for the commissioning of solar PV based home cooking systems in different districts of different states in India. The Solar Energy Corporation of India (SECI) has issued a tender, seeking bids for commissioning of solar PV based home cooking systems in different districts of different states in India. The scope […] Read more
Suzlon Energy Denies Reports of Filing for Bankruptcy Updated On Tue, Oct 1st, 2019 by Saurenergy Suzlon Energy has specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the NCLT. Debt-laden renewable energy solutions provider Suzlon Energy on Monday specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the National Company Law Tribunal (NCLT). “We wish to reiterate that Suzlon’s debt […] Read more
LONGi Shipped Over 2 Billion Mono Wafers in H1 2019, Revenue up 41% Updated On Fri, Sep 6th, 2019 by Saurenergy LONGi Solar has released its H1-2019 report to shareholders, reporting stellar financial results and significant capacity achievements. Xi’an, China headquartered LONGi Solar has released its 2019 semi-annual (H1) report to shareholders, reporting stellar financial results and significant capacity achievements. According to the financial report, the company’s operation revenue in the first six months of the […] Read more
Vestas Sells Majority Stake in 3 Romanian Wind Projects Updated On Fri, Aug 30th, 2019 by Saurenergy Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the 3 Romanian wind power plants at a price of EUR 136 million Wind Energy Major, Vestas Wind Systems has announced that it has entered into an agreement to sell 80 percent of its shares in the subsidiaries owning […] Read more
Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20 Updated On Wed, Aug 28th, 2019 by Saurenergy Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year […] Read more
BloombergNEF Awards Sungrow 100% Bankability Rating Updated On Mon, Aug 19th, 2019 by Saurenergy Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […] Read more
Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter Updated On Fri, Aug 16th, 2019 by Saurenergy Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […] Read more
