Alternus Energy Acquires 11.75 MW Solar Park in Netherlands Updated On Thu, Jan 2nd, 2020 by Saurenergy Alternus Energy has acquired Zonepark Rilland and its 11.75 MW solar PV power plant in the Netherlands from Coöperatie Unisun Energy for EUR 10.5 million Alternus Energy, a global renewable energy company, has announced the acquisition of Zonepark Rilland B.V. and its 11.75 MW ground-mounted solar photovoltaic (PV) power plant in Rilland, the Netherlands, from […] Read more
Renewable Energy Certificates Sales Down 10% in December Updated On Mon, Dec 30th, 2019 by Saurenergy Sales of Renewable Energy Certificates fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh yoy due to lower supply Sales of Renewable Energy Certificates (REC) fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data […] Read more
EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030 Updated On Fri, Nov 29th, 2019 by Saurenergy A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for […] Read more
STMicroelectronics Posts Q3 Net Revenue at $2.55 Bn Updated On Thu, Oct 24th, 2019 by Saurenergy For the full year 2019, we expect net revenues at the mid-point to be about USD 9.48 billion, accompanied by a double-digit operating margin performance, said the company spokesperson. One of the leading semiconductor provider STMicroelectronics (ST) has reported marginally higher net revenue by 1.2 percent at USD 2.55 billion during the third quarter of […] Read more
Tesla Causes Sales of Diesel Cars in Norway to Drop by 95% Updated On Tue, Aug 20th, 2019 by Saurenergy Sales of some diesel cars have witnessed a 95 percent drop over the past six years in Norway, according to new research analysis. A new analysis by Independent energy research firm, Rystad Energy has revealed that sales of certain diesel cars are in free-fall as Norway turns to Tesla and other makers of premium […] Read more
Siemens Gamesa Doubles Net Income in First 9 Months of FY 19 Updated On Tue, Jul 30th, 2019 by Saurenergy Siemens Gamesa has reported in its results of the first nine months (Oct-Jun) of FY 2019, that it doubled its net income to €88 million in the period. Siemens Gamesa Renewable Energy (SGRE) has reported the results of the first nine months (October-June) and the third quarter (April-June) of the fiscal year (FY) 2019. The […] Read more
Growatt Receives Best Service Network Solar Inverter Company of the Year Updated On Thu, May 23rd, 2019 by Saurenergy Growatt, a leading Chinese inverter manufacturer with a substantial business platform in India has received the Best Service Network Solar Inverter Company of the Year recognition for rooftop solar at the solar conference recently held in Mumbai. Growatt has been increasing its investments in India, hiring more local sales and service engineers since early 2018. […] Read more
E.on Posts Lower EBIT and Net Income For First Quarter of 2019 Updated On Mon, May 13th, 2019 by Saurenergy The Renewables segment’s adjusted EBIT rose by 23 percent year on year, from €171 million to €211 million. Thanks to commissioning of offshore wind farms in Germany and the UK and an onshore wind farm in the US. The Germany-based electric utility company, E.On, with its core business in Energy Networks, Customer Solutions and Renewables […] Read more
Greenlight Planet’s Solar Fans to Keep Rural India Cool This Summer Updated On Mon, May 6th, 2019 by Saurenergy Greenlight Planet, an organization that designs, distributes and finances solar home energy products has recently launched the Sun King Fan, a portable solar-powered fan. While the country braces for the hottest year since 1901, this model provides powerful airflow for grid-like cooling, striking the perfect balance between performance, durability, and affordability. For ten years, Greenlight […] Read more
