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
Big Move. £555 Billion European Investment Bank to Stop Lending To Fossil Fuel Projects Updated On Fri, Nov 15th, 2019 by Saurenergy In what could be called the ‘Venice Effect’ perhaps, the European Investment Bank, (EIB) the lending arm of the European Union has decided to stop funding fossil fuel projects as part of lending policy Yesterday, even as the world was absorbing images of the city of Venice going underwater due to unprecedented flooding caused by […] Read more
JinkoSolar’s motion for summary determination of non-infringement will be granted by ITC JUDGE within two weeks Updated On Fri, Nov 15th, 2019 by Saurenergy JinkoSolar Holding Co., Ltd. (NYSE: JKS) (“JinkoSolar”), one of the largest and most innovative solar module manufacturers in the world, today announced that the Administrative Law Judge (“ALJ”) in U.S. International Trade Commission Investigation No. 337-TA-1151 (“the 1151 Investigation”) issued an order indicating that JinkoSolar’s motion for summary determination of non-infringement will be granted within […] Read more
ISTS Charges Waived for Solar & Wind Projects Commissioned by 2022 Updated On Fri, Nov 15th, 2019 by Saurenergy Ministry of Power has announced that ISTS charges for solar and wind energy projects will be waived off if they are commissioned before December 31, 2022 The Ministry of Power (MoP) has announced that the Interstate Transmission System (ISTS) charges and losses on the transmission of electricity generated from solar and wind energy projects will […] Read more
Octopus Acquires 9 Wind Farms from RES Group in $110 mn Deal Updated On Fri, Nov 15th, 2019 by Saurenergy Octopus Renewables has agreed to purchase 9 wind energy farms in the UK, France and Ireland from RES Group for USD 110 million Octopus Renewables has agreed to purchase nine wind energy farms in the UK, France and Ireland from RES Group for a reported fee in the region of GBP 100 million (USD 110 […] Read more
Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years Updated On Fri, Nov 15th, 2019 by Saurenergy In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […] Read more
JinkoSolar Recognised as a China National Manufacturing Champion Updated On Fri, Nov 15th, 2019 by Saurenergy JinkoSolar has announced that it has been recognised as one of the China National Manufacturing Champion by the MIIT and CFIE JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced that it has been recognised as a China National Manufacturing Champion. The selection of the enterprises is organised jointly […] Read more
Canadian Solar Partners up for 370 MW Mexico Solar Portfolio Updated On Fri, Nov 15th, 2019 by Saurenergy Canadian Solar has sold 49 percent interest in three solar projects in Mexico totalling 370 MWp to KEPCO and Sprott Korea Canadian Solar, one of the world’s largest solar power companies, has announced that it has sold 49 percent interest in three solar photovoltaic projects in Mexico totalling 370 MWp (294 MWac) to Korea Electric Power Corporation (KEPCO), South Korea’s largest electric […] Read more
Tech Mahindra, Mahindra TEQO Partner to Create Digital Solutions for RE Industry Updated On Fri, Nov 15th, 2019 by Saurenergy Tech Mahindra has announced a partnership with Mahindra TEQO to create digital solutions for the global renewable energy industry. Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has announced a partnership with Mahindra TEQO (Technology, Quality and Operations), the newly formed renewable energy asset management company, to create […] Read more
