PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1 Updated On Fri, Aug 14th, 2020 by Saurenergy PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […] Read more
EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge Updated On Wed, Aug 12th, 2020 by Saurenergy EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […] Read more
Vestas Surpasses 1 GW Order Intake in China in 2020 With two new Orders Updated On Wed, Aug 12th, 2020 by Saurenergy Vestas has received two new orders in China, which has taken the manufacturers’ order intake in the country well over the 1 GW mark for the year 2020. Global wind major Vestas has announced that it has received two new orders for the supply of wind turbines for wind energy projects in China which have […] Read more
Brookfield Renewable to Issue Green Bonds Worth $318.75 Mn Updated On Wed, Aug 12th, 2020 by Saurenergy Brookfield Renewable Partners has agreed to issue USD 318.75 million aggregate principal amount of medium-term notes (green bonds). Brookfield Renewable Partners has announced that it has agreed to issue CDN$ 425 million (USD 318.75 million) aggregate principal amount of medium-term notes (green bonds), Series 14, due August 13, 2050, which will bear interest at a […] Read more
Tender Issued for Supply of 50 Electric Buses in Assam Updated On Wed, Aug 12th, 2020 by Saurenergy ASTC has issued an RfP, inviting bids from eligible OEMs for the supply of 50 air-conditioned (AC) and non AC electric buses in the state of Assam. The Assam State Transport Corporation (ASTC) has issued a request for proposal (RfP), inviting bids from eligible vendors/ Original Equipment Manufacturers (OEM) for the supply of 50 air-conditioned […] Read more
PTC India Reports net Profit of Rs 100 Crore in April-June Quarter Updated On Wed, Aug 12th, 2020 by Saurenergy PTC India has posted a consolidated net profit of just over Rs 100 crore (100.6) for the April – June quarter, witnessing a 7 percent increase YoY. PTC India, a power trading solutions provider, has reported its financial results for the April – June quarter of the financial year 2020. The company has managed to […] Read more
BHEL Tenders for Commissioning of BESS for TERI at 3 Sites in Delhi Updated On Tue, Aug 11th, 2020 by Saurenergy BHEL has issued a tender for setting up of 410 kWh BESS for TERI at 3 sites in Delhi. Bharat Heavy Electricals Limited (BHEL) has issued a tender, inviting bids from eligible firms for setting up of 410 kWh Battery Energy Storage Systems (BESS) for The Energy Resources Institute (TERI) at 3 sites in Delhi. […] Read more
Boralex Completes $805 Mn Refinancing for 230 MW Wind Farm in Canada Updated On Tue, Aug 11th, 2020 by Saurenergy Boralex has completed the USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm in Ontario, Canada. Boralex Inc has announced that it has completed the approximately USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm (NRWF) in the Niagara Peninsula, Ontario, Canada. NRWF was commissioned on […] Read more
Visa Sells its Green Bonds at Record Low Yield, Will Fund Green Projects Updated On Tue, Aug 11th, 2020 by Saurenergy Visa Inc has announced that it has successfully completed the sale of its green bonds at a record low yield Leading consumer finance company Visa Inc has announced that it has successfully completed the sale of its green bonds at a record low yield, as it becomes the first company in its field to issue […] Read more