Adani Green Energy Increases Income but net Profit Drops 82% in Q2 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […] Read more
ADB to Deliver Disaster-Resilient Clean Energy to Consumers in Palau Updated On Wed, Nov 4th, 2020 by Saurenergy The Asian Development Bank (ADB) has approved a USD 3 million grant to increase access to disaster-resilient clean energy for consumers in Palau. The Asian Development Bank (ADB) has approved a USD 3 million grant to increase access to disaster-resilient clean energy for consumers in Palau. The grant comes from the Japan Fund for Poverty Reduction, […] Read more
KPMG & CII Report on Shifting Gears: the Evolving EV landscape in India Updated On Wed, Nov 4th, 2020 by Saurenergy The report provides an understanding of segment wise propensity to transition to EVs by analyzing use cases and Total Cost of Ownership, and estimates the EV penetration by 2025 and 2030. It evaluates the policy framework and the readiness of the enabling ecosystem for EVs i.e. charging infrastructure, ownership models, localization of production, financing, and […] Read more
Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report Updated On Wed, Nov 4th, 2020 by Saurenergy A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […] Read more
BSES Launches its Rooftop Solar Program in Safdarjung and Karkardooma Updated On Tue, Nov 3rd, 2020 by Saurenergy BSES Discoms have announced the expansion of their Solar City Program by launching ‘Solarise Safdurjung” and ‘Solarise Karkardooma’. Two Delhi Discoms in BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) claim to be committed to aggressively promoting rooftop solar in South, West, East and Central Delhi. As a result of which, there […] Read more
ENGIE to Develop 420 MW Wind Farm in Australia After Latest Acquisition Updated On Mon, Nov 2nd, 2020 by Saurenergy ENGIE ANZ has announced the purchase of the 420 MW (on completion) Hills of Gold Wind Farm development near Nundle, New South Wales in Australia. ENGIE Australia & New Zealand (ENGIE ANZ) has announced the purchase of the Hills of Gold Wind Farm development near Nundle, New South Wales in Australia. The project, which is […] Read more
JinkoSolar’s Principal Operating Subsidiary Raises USD 458 Million Updated On Sat, Oct 31st, 2020 by Saurenergy JinkoSolar Holding has announced the completion of USD 458 million equity financing by its principal operating subsidiary Jiangxi Jinko. JinkoSolar Holding, one of the largest solar module manufacturers in the world, has announced the completion of an RMB 3.1 billion (approximately USD 458 million) equity financing by its principal operating subsidiary Jinko Solar Co., Ltd. […] Read more
Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary Updated On Fri, Oct 30th, 2020 by Saurenergy Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […] Read more
Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan Updated On Thu, Oct 29th, 2020 by Saurenergy Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […] Read more
