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
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
GCL-SI Supplies 150 MW Solar Modules for Iberdrola’s 500 MW Facility Updated On Thu, Nov 14th, 2019 by Saurenergy GCL-SI is scheduled to deliver solar modules worth 150 MW to the 500 MW Nuñez de Balboa project that Iberdrola is building in Spain GCL-SI, a world-leading one-stop intelligent and integrated energy system provider, is scheduled to deliver 72 solar modules with three varying grades of power to the 500 MW Nuñez de Balboa project […] Read more
SECI Schedules Meeting With Prospective Bidders for 1200 MW RE Tender Updated On Wed, Nov 13th, 2019 by Saurenergy SECI will conduct a technical meeting with prospective bidders for its tender for setting up of 1200 MW RE projects with assured 6-hour peak power supply. The Solar Energy Corporation of India (SECI) has notified that it will conduct a technical meeting/ session with prospective bidders for its tender for setting up of 1200 MW […] Read more
As California Looks To Fill Power Gap by 2022, RE’s Eye Opportunity Updated On Mon, Nov 11th, 2019 by Saurenergy For Countries like India, which are still hamstrung by capital, costs or a thermal legacy in their push to adopt renewables as fast they should, the state of California continues to provide an ongoing lesson . Be it mandating a target to decarbonise its energy sector by 2050, or the selective subsidies on both solar […] Read more
MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO Updated On Fri, Nov 8th, 2019 by Saurenergy MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […] Read more
Investments in Climate Action Increasing, but not Fast Enough: Report Updated On Fri, Nov 8th, 2019 by Saurenergy A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […] Read more
8Minute Solar to Build Solar Plus Storage Facility to Serve Los Angeles Updated On Thu, Nov 7th, 2019 by Saurenergy LADWP has partnered with 8minute Solar Energy to provide storable, renewable power to households throughout Los Angeles at the lowest price The Los Angeles Department of Water and Power (LADWP), the largest municipal utility in the United States, has announced a new partnership with 8minute Solar Energy to provide storable, renewable, and affordable power to […] Read more
