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 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
Alfa Ventures Invests in Noida-Based Skilancer Solar Updated On Tue, May 28th, 2019 by Saurenergy Alfa Ventures recently has invested in cleantech startup Skilancer Solar. Venture Capitalist fund, Alfa Ventures has announced that it has invested in Noida-based startup, Skilancer Solar. The VC fund has, however, not disclosed the amount that it has invested in the startup that primarily works in artificial intelligence-powered autonomous robot for cleaning of solar panels. […] Read more
Renewables Under Modi. A Success Story Validated by Industry Stakeholders. Updated On Mon, May 13th, 2019 by Saurenergy Despite policy reversals and various other operational challenges faced by the industry, a bulk of the respondents are optimistic about its growth prospects. The Indian renewable industry has given a pass certificate to the five years under Modi government rule with 78 percent of the respondents in a survey of CEOs of the industry feel […] Read more
Duke Energy Florida Reveals 3 New Solar Plants Totalling 195 MW Updated On Tue, Mar 26th, 2019 by Saurenergy The company is investing an estimated $1 billion to construct or acquire a total of 700 MW of cost-effective solar power facilities through 2022. Duke Energy Florida (DEF), a wholly-owned subsidiary of Duke Energy Co. has revealed plans for 3 more solar power plants in the state, totaling a solar capacity of 195 MW. The […] Read more
TKM Meets 87% Energy Needs of Bidadi Plant With Renewable Energy Updated On Tue, Mar 26th, 2019 by Saurenergy Through renewable power sourcing during the first three quarters of FY 2018-19, Toyota Kirloskar Motor (TKM) contributes more than 51,000 tons of Co2 reduction. Guided by Toyota’s ‘Global Environmental Challenge’ 2050 in line with the United Nations Sustainable Development Goals, till January ‘19 [in FY 2018-19], TKM successfully sourced 87% of electricity from the renewable […] Read more
NRG Systems and ZX Lidars Seal New Partnership Updated On Wed, Mar 20th, 2019 by Saurenergy With the Wind Energy market getting a second wind on the back of offshore sites and wider markets opening up in Asia and South America, consolidation and partnerships are starting up in the sector. NRG Systems, Inc., a designer and manufacturer of smart technologies for a range of wind, solar, and meteorological applications, has announced […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
Duke Energy’s Hamilton Solar Power Plant opens in Florida, providing more carbon-free energy for Sunshine State customers Updated On Wed, Jan 9th, 2019 by Saurenergy Duke Energy today announced the completion and operation of its new 74.9-megawatt (MW) Hamilton Solar Power Plant in Jasper, Fla. The plant’s carbon-free power is enough to energize more than 20,000 homes at peak production. Across Duke Energy’s Florida service territory, the company’s 1.8 million customers — and the environment — are now benefiting from approximately 300,000 solar […] Read more
