ReNew Power Q3 Results, Revenues jump 25% but losses mount too Updated On Mon, Feb 28th, 2022 by Saurenergy The Nasdaq listed ReNew Energy Global (ReNew Power) has announced its results for the Third Quarter (Q3 FY22) and Nine Months of Fiscal 2022, both ended December 31, 2021. Operating Highlights: The commissioned capacity of the Company increased by 1.1 GW during Q3 FY22 of which 0.8 GW was added organically. As of December 31, […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
SJVN Bags 15 MW floating solar project in Himachal Updated On Sun, Feb 27th, 2022 by Saurenergy Nand Lal Sharma, Chairman & Managing Director, SJVN has announced the winning of a 15 MW Grid Connected Floating Solar PV Power Project at Nangal pond, near village Neilla, District Bilaspur, Himachal Pradesh. SJVN has bagged the full quoted capacity of 15 MW @ INR 3.26 /Unit on Build Own and Operate basis through e-Reverse […] Read more
Hyundai, Kia to Use Wind Farms to Power EV Charging Network in Europe Updated On Fri, Feb 25th, 2022 by Saurenergy South Korean automakers and global brands Hyundai and Kia are making new investments to enable their customers to charge their electric vehicles with clean energy. This energy will be procured from various wind farms being installed across Europe. Hyundai has announced that its ‘Charge myHyundai’ network will be integrated with green energy so that the […] Read more
Telangana Issues Empanelment Tender for 50MW Rooftop Solar Projects Updated On Fri, Feb 25th, 2022 by Saurenergy The Telangana State Renewable Energy Development Corporation (TSREDCO) has floated a new tender, inviting bids for empaneling vendors to develop 50 MW of grid-connected residential rooftop solar projects. The rooftop projects will be executed as part of the second phase of the Grid Connected Rooftop Solar Program that comes under the Ministry of New and Renewable […] Read more
DHL Seeks to Cut Emissions by Deploying Solar Panels on EV Fleet Updated On Fri, Feb 25th, 2022 by Saurenergy DHL Express is installing solar panel units on trucks within its U.S. operations, which include pickup and delivery fleet. As per the company, its trucks will be equipped with the novel TRAILAR solar technology to help DHL cut down carbon dioxide (CO2) emissions by 1,000 kg per year for each vehicle. The technology is also […] Read more
High Efficiency Ultrathin Solar Cell Developed by UK based Researchers Updated On Thu, Feb 24th, 2022 by Saurenergy Researchers at Imperial College London and University College London (UCL) claim to have found a novel technique to enable record-breaking power conversion efficiency in solar cells that are at least 100 times thinner than the conventional solar cells. The usual silicon based solar cells’ fabrication is often expensive, energy-demanding, heavy and bulky in nature. Also, […] Read more
$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg Updated On Thu, Feb 24th, 2022 by Saurenergy The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […] Read more
Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio Updated On Thu, Feb 24th, 2022 by Saurenergy Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […] Read more
