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
ONGC Tenders for 2 MW Floating Solar in Mangalore Updated On Fri, Aug 9th, 2019 by Saurenergy ONGC has invited bids for the deployment of 2 MW floating solar project on the water reservoirs inside ONGC Mangalore Petrochemicals Limited (OMPL) complex. Oil and Natural Gas Corporation Ltd (ONGC) India’s most valuable public sector enterprise has issued a tender, inviting bids from eligible bidders for the deployment of a 2 MW grid-interactive floating […] Read more
GAIL Floats Tender for O&M of 5 MW Solar Plant in Jaisalmer Updated On Mon, Jul 8th, 2019 by Saurenergy GAIL has issued a tender for providing O&M services for the company’s 5 MW solar plant in Ramgarh Jaisalmer, Rajasthan. The largest state-owned natural gas processing and distribution company in India, GAIL has issued a tender, seeking bids from eligible parties for providing the operation and maintenance (O&M) services for the company’s 5 MW solar […] Read more
Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr Updated On Fri, May 31st, 2019 by Saurenergy Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […] Read more
EESL Issues Tender For Solar Projects Worth 100 MW in 3 States Updated On Wed, May 29th, 2019 by Saurenergy The last date for bid submission is July 8, 2019 Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India) has issued a tender, seeking bids from eligible bidders for developing solar power systems worth a total of 100 MW at various locations in three states. The scope of […] Read more
EESL Registers 70% Consolidated Revenue Growth in FY19 Updated On Tue, May 28th, 2019 by Saurenergy EESL has announced standalone financial results for the fiscal year 2018-19, posting Revenue Growth of 70%. Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India), registered a revenue of Rs 1,935 crores in FY19, a 37% increase over the previous fiscal, and pre-tax earnings growth of 178% […] Read more
Iberdrola Signs PPA For 52 MW Wind Power in USA Updated On Tue, May 28th, 2019 by Saurenergy Iberdrola group, through its subsidiary in the USA, Avangrid Renewables, has signed a PPA (Power Purchase Agreement) with Dairyland Power Cooperative to supply 52 MW of renewable energy from the Tatanka Ridge wind farm in South Dakota. Dairyland’s portion of Tatanka Ridge’s output would represent enough wind power to power approximately 16,000 homes. Avangrid Renewables […] Read more
Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL Updated On Mon, May 27th, 2019 by Saurenergy The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […] Read more
