Moody’s Lowers Forecast for Global Green Bonds Issuance due to COVID-19 Updated On Wed, May 6th, 2020 by Saurenergy Moody’s has lowered its forecast for global sustainable (green) bonds issuance this year after economic fallout from the coronavirus outbreak Bond credit rating agency Moody’s has stated that it has lowered its forecast for global sustainable bond issuance this year after economic fallout from the coronavirus outbreak reduced green bonds volumes in the first quarter, […] Read more
Vestas Reports Operating Loss for Q1 2020 Despite Strong Sales Updated On Wed, May 6th, 2020 by Saurenergy Vestas has issued its interim financial report for Q1 2020, reporting increased order intake and a booming order backlog amid an operating loss of EUR 54 mn Global wind turbine manufacturer Vestas has issued its interim financial report for the first quarter (Q1) of 2020. The firm has reported that its revenue increased compared to […] Read more
Renewables Unaffected as Thermal Generation Suffered Amid Lockdown: India Ratings Updated On Wed, May 6th, 2020 by Saurenergy The decrease in demand has seen electricity generation from all sources (excluding renewables) take a hit in March 2020 with thermal generation at the front. According to a new analysis, the power demand in India declined for March and April amid the COVID-19 led lockdown, however, with the decrease in demand, electricity generation from all […] Read more
In Renewables Shadow, who Will Still Fund Coal in India? : Report Updated On Wed, May 6th, 2020 by Saurenergy Why would any debt/ equity capital providers fund a high emission & polluting new coal power plant at double the cost of deflationary, domestic renewables? The COVID-19 pandemic and the subsequent nationwide lockdown to curb its spread has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international […] Read more
Solving Permission Issues key to Post Pandemic Green Recovery in Italy: WindEurope Updated On Tue, May 5th, 2020 by Saurenergy The European Union’s 2018 Renewable Energy Directive demands that the Member States simplify and shorten their permitting processes. Italy has the 5th largest amount of installed wind energy capacity in Europe. In its final 2030 National Energy and Climate Plan (NECP), the country aims at almost doubling its installed wind power capacity. The NECP plans […] Read more
22.75% Drop in Power Consumption in April due to Lockdown Updated On Tue, May 5th, 2020 by Saurenergy Power consumption in April dipped 22.75% to 85.05 BU compared to 110.11 BU in the same month a year ago, mainly due to low demand due to lockdown Power consumption in April dipped 22.75 percent to 85.05 billion units (BU) compared to 110.11 BU in the same month a year ago, mainly due to low demand amid the nationwide […] Read more
Top 10 Issues in Module Mounting Structures in India Updated On Mon, May 4th, 2020 by Saurenergy Nowadays, solar power is among the cheapest sources of renewable energy available globally. However, there are various factors that are considered at the time of cost optimization of a solar power plant and module mounting structure (MMS) is also among them. In order to successfully run a solar power plant, good quality of mounting structure […] Read more
Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr Updated On Mon, May 4th, 2020 by Saurenergy Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […] Read more
ENIE Offering to buy Rooftop PV Systems From Dutch Households During Pandemic Updated On Mon, May 4th, 2020 by Saurenergy In the wake of COVID-19, Dutch solar product distributor ENIE is looking to purchase existing solar rooftop systems from customers in need of money. In the wake of the COVID-19 pandemic, Dutch solar PV product distributor ENIE is implementing its ZonneRuilen Program to purchase existing solar rooftop installations. As per the program, the firm is […] Read more
