“GoodWe’s long-standing perseverance in the pursuit of quality has paid back well in India”, Says James Hou, GoodWe Updated On Fri, Jan 20th, 2023 by Saurenergy Goodwe India has been making rapid progress in the Indian market, hitting the 1.5 GW inverter capacity milestone during the year. The big number is not just an indicator of its product acceptance, but a base for the firm to build on its learnings and service capabilities for the Indian market. The firm, with a […] Read more
SWRE Net Loss Contracts To Rs 99 Cr In December Quarter Updated On Fri, Jan 20th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL) has announced that it has narrowed its consolidated net loss to Rs 99.15 crore in the third quarter ending December. Sterling and Wilson said that the reduction in the losses is caused mainly due to lower expenses. With an EPC portfolio of close to 13 GW and an […] Read more
China’s Windey Wins O&M Project for Serbia’s Wind Farm of 100 MW Capacity Updated On Thu, Jan 19th, 2023 by Saurenergy China-based manufacturer of wind turbines, Zhejiang Windey, has bagged a contract with Serbia’s leading Independent Power Producer Fintel Energija. The Chinese manufacturer will look into the delivery, assembly along with the maintenance of the wind turbines for wind farm projects with a cumulative capacity of 110 MW. The value of the pact has remained undisclosed. […] Read more
USA’s Utility-Scale Renewables Generated More Electricity Than Coal On 169 Days Updated On Thu, Jan 19th, 2023 by Saurenergy As per a report by Institute for energy Economics and Financial Analysis, USA’s clean energy transition received major impetus in 2022. The report highlights that the US clean energy transition is witnessing an upward trend and has made major progress since 2019. The report has highlighted three major trends in renewables for US electricity generation. […] Read more
IFC to Help Kyrgyzstan Develop Renewable Projects Through PPP Model Updated On Thu, Jan 19th, 2023 by Saurenergy The International Finance Corporation (IFC) – a key agency of World Bank – has partnered with the Kyrgyzstan government under the World Bank Group’s Scaling Solar program to develop up to 100-150 MW of grid-connected solar power. IFC said that this will help Kyrgyzstan to diversify its energy mix and increase its renewable power capacity. […] Read more
Global Battery Leader CATL In Tie-Up With UL To Improve Battery Safety Updated On Thu, Jan 19th, 2023 by Saurenergy Global battery technology player Contemporary Amperex Technology Co. (CATL) has announced that it has signed an MoU with applied safety science provider UL Solutions for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle (EV) batteries. The agreement expects CATL to use its battery laboratory to […] Read more
SOFAR Launches 100-125kW C&I PV Solutions For Global Market Updated On Thu, Jan 19th, 2023 by Saurenergy Global supplier of solar PV and energy storage solutions – SOFAR – has launched its new inverter for the global market called SOFAR 100-125KTL-G4 at World Future Energy Summit (WFES). SOFAR said that the new inverter is optimized for C&I and small-scale utility solar. The product also features the integration of ultra-high current, easy installation […] Read more
Adani Firm to Acquire 50% Equity in Rajasthan’s Essel Saurya Urja Updated On Thu, Jan 19th, 2023 by Saurenergy Adani Renewable Energy Holding Two Ltd has announced that the company will acquire 50 per cent equity in Rajasthan based renewable energy company Essel Saurya Urja Company of Rajasthan Ltd (ESUCRL). The deal has been announced to be for Rs 15 crore from Essel Infraprojects a firm belonging to the troubles Essel Group whose promoters […] Read more
APTEL Asks Andhra Pradesh DISCOM to Pay Dues to Vibrant at Lower Rate Than in PPA Updated On Wed, Jan 18th, 2023 by Saurenergy The Appellate Tribunal for Electricity at New Delhi (APTEL) has directed APSPDCL (the southern power DISCOM of Andhra Pradesh- Andhra Pradesh Southern Power Distribution Company Limited) to compensate Vibrant Greentech India Pvt Ltd for the electricity supplied to it by the firm. Further, the APTEL has asked APSPDCL to compensate the firm at Rs.2.93 per […] Read more