Debt-Ridden Suzlon Working on a Resolution Plan Updated On Thu, Nov 21st, 2019 by Saurenergy Suzlon Energy is working on a resolution plan and lenders have till January to work on a sustainable resolution plan before taking any extreme steps. Wind-turbine maker Suzlon Energy has confirmed that the company is working on a resolution plan and lenders have time till January next year to work on a sustainable resolution plan before taking any extreme steps. “The […] Read more
Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
MG and Fortum Install First Public Fast Charging Station in Gurugram Updated On Wed, Nov 20th, 2019 by Saurenergy MG Motor India and Fortum have unveiled the first 50 kW DC charging station at MG’s flagship showroom at Gurugram. Underlining its commitment towards catalysing an EV revolution, MG (Morris Garages) Motor India and Fortum Charge & Drive India have unveiled the first 50 kW DC charging station at MG’s flagship showroom at Gurugram. The […] Read more
AEP Energy Seeking Wind and Solar Energy in PJM Updated On Tue, Nov 19th, 2019 by Saurenergy AEP Energy Partners is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company, is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. PJM is a regional transmission organisation (RTO) that […] Read more
Tata Motors Wins 500 EVs Order from Lithium Urban Technologies Updated On Mon, Nov 18th, 2019 by Saurenergy Under this partnership, Tata Motors will supply its 400 newly launched Tigor Sedan EV, with an extended range of 213 km, by FY20, along with 100 other EVs like Nexon EV. Spanning development and supply of both commercial and passenger vehicles, Tata Motors said that it has received an order for 500 electric vehicles (EVs) […] Read more
India Prepares to Become a Major Player in EV Sector Updated On Mon, Nov 18th, 2019 by Saurenergy A new analysis looks at the future of energy storage and EV in India, making the case for scooters and buses as India begins its transition A new analysis looks at the future of energy storage and electric vehicles (EV) in India, making the case for electric scooters and electric buses as India begins its transition to […] Read more
Azure Power Quarterly Revenue up 28% at $40.3 Million Updated On Sat, Nov 16th, 2019 by Saurenergy Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […] Read more
Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps Updated On Sat, Nov 16th, 2019 by Saurenergy Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […] Read more
TBEA To Open GW-class PV Inverter Facility in India on November 29 Updated On Fri, Nov 15th, 2019 by Saurenergy TBEA Xi’an Electric Technology Co. Ltd., an arm of TBEA Group, will inaugurate its GW-class photovoltaic (PV) inverter facility in India on November 29 this year. The firm has emerged as a strong player from its base in China, establishing 2 R&D centers in Xi’an and Munich, Germany. With more than 10 major scientific research […] Read more
