Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore Updated On Thu, Feb 11th, 2021 by Saurenergy Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […] Read more
IFC to Support India’s Continuum in First Green Bond Offering in Singapore Updated On Thu, Feb 11th, 2021 by Saurenergy IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
Aucnet, MIRAI-LABO to Recycle and Distribute Used EV Batteries Updated On Tue, Feb 9th, 2021 by Saurenergy Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business […] Read more
India’s Consumption Trends in January Sign of Economic Growth: RK Singh Updated On Mon, Feb 8th, 2021 by Saurenergy Asserting that the Union Budget 2021-22 will pave the way for comprehensive growth in the economy, Union Power Minister RK Singh has said that country’s energy consumption reached an all-time high of 1.89 million gigawatts in January and this is an indication that India’s economy is on a path of growth. “In October 2020, the country’s energy consumption increased by […] Read more
Leading PV Inverter Brands to Launch Products Compatible With 210 Ultra-High Power Modules Updated On Mon, Feb 8th, 2021 by Saurenergy The world’s leading photovoltaic inverter brands have announced the market launch of inverters compatible with the 210 Ultra-High Power Modules. Mass production of the inverters is due to begin in March 2021, and the price is expected to remain at a level compatible with that of other types of inverters. The full launch of inverters […] Read more
Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac Updated On Fri, Feb 5th, 2021 by Saurenergy Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […] Read more
Tata Power Reports Q3 Results, Strong Showing by Renewables Biz Updated On Fri, Feb 5th, 2021 by Saurenergy Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […] Read more
EESL to Implement Clean Energy and Energy Efficiency Projects for Coal India Updated On Fri, Feb 5th, 2021 by Saurenergy EESL has signed an MoU with Coal India Limited (CIL) to execute energy efficiency and clean energy projects for CIL and subsidiaries. Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings (PSUs) under the Ministry of Power, has announced that it has signed a Memorandum of Understanding (MoU) with Coal India Limited […] Read more
