Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business Updated On Thu, Aug 13th, 2020 by Saurenergy Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […] Read more
Wind and Solar Met 9.8% of Global Electricity Production in H1 2020: Report Updated On Thu, Aug 13th, 2020 by Saurenergy In H1 2020, wind and solar generation rose 14 percent compared to H1-2019, generating 9.8 percent or nearly one-tenth of global electricity. A new report has put the spotlight on how fast wind and solar energy have expanded over the last few years to become major sources of electricity generation in most countries around the […] Read more
Andhra Pradesh to set up Energy Conservation Cells in Government Departments Updated On Wed, Aug 12th, 2020 by Saurenergy The government of Andhra Pradesh is planning to set up Energy Conservation Cells in all its departments to promote efficient use of energy at all levels In a bid to promote energy conservation and efficiency, the state government of Andhra Pradesh is planning to set up Energy Conservation Cells (ECC) in all its departments to promote efficient use of […] 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
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
Vestas Reports 67% Increase in Revenue for Q2 2020 Updated On Wed, Aug 12th, 2020 by Saurenergy Vestas has issued its financial report for Q2 2020, reporting revenue of EUR 3,541 million – an increase of 67% compared to the year-earlier period. Global wind energy major Vestas has issued its interim financial report for the second quarter (Q2) of the financial year 2020. The firm has shown a strong performance in spite […] 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
Tata Projects Completes 110 km Transmission Line Project in Thailand Updated On Tue, Aug 11th, 2020 by Saurenergy TATA Projects, with its consortium partners, has completed the work on a 110 km stretch of the 200-km Surathani-Phuket transmission line project in Thailand. TATA Projects, one of India’s fastest growing infrastructure companies has announced that it has, along with its consortium partners, completed the work on an important 110 km stretch of the 200-km Surathani-Phuket transmission […] 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
