Covid-19 Hurts ABB’s Q1 Results; Revenue Slips across Businesses Updated On Tue, Apr 28th, 2020 by Saurenergy Tech giant ABB has reported a significant drop in its first-quarter results of 2020 as its net income declined by 30 percent to USD 376 million on the back of coronavirus pandemic. The company’s net income remained at USD 535 million during the same period a year ago, ABB said in a statement. Further, it’s […] Read more
After Inox, Swelect Energy Resumes Module Manufacturing at B’luru Plant Updated On Mon, Apr 27th, 2020 by Saurenergy Hours after the announcement of Inox Wind opening up all three of its manufacturing plants, solar energy products manufacturer Swelect Energy Systems Ltd too announced the resumption of operations at its solar photovoltaic (PV) modules manufacturing plant located in Bengaluru effective from April 25, 2020. Most of the companies across the country had earlier in […] Read more
‘TrinaPro’ Passes with Flying Colors in DNV GL Assessment Report Updated On Sat, Apr 25th, 2020 by Saurenergy China-based one of the leading PV and smart energy solutions provider Trina Solar said that it’s TrinaPro solution has passed the DNV GL’s assessment test and proved as reliable smart photovoltaic (PV) solution. Recently, the module manufacturer has received the Technology Assessment Report for its TrinaPro Smart Solar Solution from DNV GL, a quality assurance […] Read more
BayWa Secures Financing for its 133.6 MW Solar Project Updated On Fri, Apr 24th, 2020 by Saurenergy BayWa has secured tax equity and construction financing for its 133.6 MW Fern Solar project in Edgecombe County, North Carolina. Global renewable energy developer, service provider and distributor BayWa r.e. has announced that it has secured tax equity and construction financing for its Fern Solar project in Edgecombe County, North Carolina. RBC Capital Markets syndicated a tax […] Read more
Krannich Solar Joins Hand with Inverter-Brand SMA to Tap SE Asian Market Updated On Wed, Apr 22nd, 2020 by Saurenergy With an aim to tap the growing demand of South-East Asian market, one of the leading global distributors for photovoltaics (PV) Krannich Solar has collaborated with German manufacturer SMA Solar Technology to include SMA inverters in its portfolio. Kurt Krannich, the founder and owner of Krannich Solar, believes that strong growth is expected in the […] Read more
Floating Solar and Fishery Chalks Another Success in China with 120 MW plant Updated On Wed, Apr 22nd, 2020 by Saurenergy Months after the start of a 260 MW plant in China’s Anhui province that was made by China General Nuclear Power Group , that used floating solar and allowed fishery at the site, comes news of another 120 MW plant going online. The new plant is located at Cixi, in Zhejiang province of China.The plant, […] Read more
Decoding The healthy Response to NHPC 2000 MW Solar Tender Updated On Mon, Apr 20th, 2020 by Saurenergy On the face of it, the response to the NHPC (formerly National Hydroelectric Power Corporation) 2 GW tender is more than a little surprising. Not only has the tender sailed through, it has done so with flying colours, by any stretch of imagination. Five well established players in the form of SoftBank-backed SB Energy, Axis […] Read more
The Next Big Push. MNRE Unveils Moves to Push Manufacturing Updated On Sat, Apr 18th, 2020 by Saurenergy The Renewable energy sector, where private sector involvement has been considered critical to its growth and building further capacities, has got a new push, as far as manufacturing in India goes. This comes on the heels of the many efforts made last year to provide support for domestic manufacturing, fro the DCR (domestic content requirements) […] Read more
Five Winners in NHPC’s 2 GW Solar Power Projects Tender Updated On Fri, Apr 17th, 2020 by Saurenergy Five firms have been declared as winners in the recently concluded auctions for the 2 GW ISTS connected solar projects tender by the NHPC. Five firms have been declared as winners in the recently concluded auctions for the 2 GW interstate transmission system (ISTS) connected solar projects tender by the National Hydroelectric Power Corporation (NHPC). […] Read more
