Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating Updated On Thu, May 9th, 2019 by Saurenergy The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s. Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […] Read more
MNRE Offers Clarification on Import of Lead-Acid Battery For Solar Applications Updated On Thu, May 9th, 2019 by Saurenergy The ministry clarified that secondary cells and batteries of lead acid and nickel-based chemistry are covered under the order. The Ministry of New and Renewable Energy (MNRE) has offered clarification regarding the import of batteries of lead-acid based chemistry under the ministry’s Solar Photovoltaics Systems, Devices and Components Goods (Requirement for Compulsory Registration) order which […] Read more
Sungrow Bags 400 MW Inverter Deal For Chile’s Largest Solar Plant Updated On Wed, May 8th, 2019 by Saurenergy The solar PV farm in Copiapó, once completed, is expected to be the largest PV plant in the South American nation. Sungrow, one of the leading global inverter solution supplier for renewables, has signed an agreement with Enel Green Power Chile to supply its featured 1500V inverter solutions to a 400 MW PV farm in […] Read more
Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants Updated On Wed, May 8th, 2019 by Saurenergy The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will […] Read more
Govt Organises ‘Chintan Baithak’ with RE Industry Stakeholders Updated On Wed, May 8th, 2019 by Saurenergy In a bid to provide a further boost to the renewable energy sector in the country, the Ministry of New & Renewable Energy (MNRE) held a meeting, termed as ‘Chintan Baithak’, with the industry stakeholders. The government’s motive behind organizing this meet, which was chaired by the MNRE Secretary Anand Kumar, was to address various […] Read more
New Zealand Plans to Go Carbon Neutral by 2050 Updated On Wed, May 8th, 2019 by Saurenergy “Agriculture is incredibly important to New Zealand, but it also needs to be part of the solution,” Climate Change Minister James Shaw said. New Zealand introduced legislation Wednesday to make the South Pacific nation carbon neutral by 2050, although greenhouse gas emissions from the economically vital agricultural sector will not have to meet the commitment. […] Read more
EVgo To Run the Largest Fast Charging Network in the US on 100% RE Updated On Tue, May 7th, 2019 by Saurenergy EVgo, the largest public electric vehicle (EV) fast-charging network in the U.S, has announced that it has contracted for 100 percent renewable energy to power its customers, becoming the first EV charging network in the United States to do so. EVgo has contracts with its energy suppliers and renewable energy certificate (REC) partners to ensure […] Read more
Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019 Updated On Tue, May 7th, 2019 by Saurenergy Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […] Read more
Solar Project Investor PFS Reports 12.7% Growth in 2018-19 Updated On Tue, May 7th, 2019 by Saurenergy Indian power projects investor. PTC Financial Services (PFS) has issued its results for the financial year 2018-19. For PFS the total revenue for the year stood at Rs 1,336.51 crore, which was Rs 151.36 crore more than the company reported in the previous year (FY 2017-18) at Rs 1,185.15 crore. From 2017-18 to 2018-19 the […] Read more
