Azure Power Quarterly Revenue up 28% at $40.3 Million Updated On Sat, Nov 16th, 2019 by Saurenergy Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […] Read more
TBEA To Open GW-class PV Inverter Facility in India on November 29 Updated On Fri, Nov 15th, 2019 by Saurenergy TBEA Xi’an Electric Technology Co. Ltd., an arm of TBEA Group, will inaugurate its GW-class photovoltaic (PV) inverter facility in India on November 29 this year. The firm has emerged as a strong player from its base in China, establishing 2 R&D centers in Xi’an and Munich, Germany. With more than 10 major scientific research […] 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
SGRE to Supply Turbines for 300 MW Offshore Wind Project in Taiwan Updated On Thu, Nov 14th, 2019 by Saurenergy SGRE and Hai Long have signed a preferred supplier agreement for the delivery and servicing of turbines on the 300 MW Hai Long 2 project in Taiwan Siemens Gamesa Renewable Energy (SGRE) and Hai Long Offshore Wind (Hai Long) have signed a preferred supplier agreement for the delivery and servicing of turbines on the 300 […] Read more
E.ON and RWE Complete Renewable Power Supply Agreement Updated On Thu, Nov 14th, 2019 by Saurenergy E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms amounting to nearly 892 MW E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting […] Read more
Top 3 Western Wind Turbine OEMs to Control 60% Market by 2028 Updated On Wed, Nov 13th, 2019 by Saurenergy The top five global wind turbine OEMs are expected to control 75% of the sector by 2028, while the leading 3 western OEMs will increase their market share to 60% Market share consolidation by global wind turbine original equipment manufacturers (OEMs) is set to intensify. After a decade of fragmentation, the top five global turbine […] Read more
No Backing Down by AP On PPA’s with RE Firms Updated On Wed, Nov 13th, 2019 by Saurenergy With its latest move to challenge the High Court ruling of September 24, that barred it from renegotiating existing PPA’s with many RE players, and put the onus on the APSERC, the Andhra state government continues to muddy the investment climate for renewables. In fact, as and when an analysis is finally done on the […] Read more
Global Wind Energy Market to Reach $124.6 bn by 2030 Updated On Wed, Nov 13th, 2019 by Saurenergy Significant capacity additions in the APAC region are expected to increase the market size of the global wind energy market to USD 124.6 billion by 2030 The global wind energy market size increased from USD 71.6 billion in 2010 to USD 96.4 billion in 2018. During the 2019–2030 forecast period, significant capacity additions in the […] Read more
Masdar Acquires Stake in Hero Future Energies Updated On Wed, Nov 13th, 2019 by Saurenergy Entering the Indian renewable energy market, Masdar has acquired a robust minority stake in Hero Future Energies Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries. And now, entering the Indian renewable energy market, the firm has […] Read more
