SunPower Releases “Solid” Financial Results for Q1 2021 Updated On Mon, May 10th, 2021 by Saurenergy SunPower, a California-headquartered solar power generation and energy storage company, has released its financial results for the first quarter of 2021 ended April 4, 2021. The company’s GAAP revenue increased from $290.5 millions in Q1 2020 to $306.4 millions in Q1 2021. GAAP loss decreased by $57.6 million, including $44.7 million related to a mark-to-market loss […] Read more
SJVN Wins GUVNL’s 100 MW Solar Auction Again at Rs 2.64/kWh Updated On Mon, May 10th, 2021 by Saurenergy SJVN has once again emerged as the winner in the auctions conducted by GUVNL for 100 MW solar projects in the Raghanesda Solar Park. SJVN Limited has announced that it has once again emerged as the winner in the auctions conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL) for 100 MW solar projects to […] Read more
MSEDCL Seeks 500 MW Solar For Meeting RPO Obligations Updated On Mon, May 10th, 2021 by Saurenergy Maharashtra discom MSEDCL (Maharashtra State Electricity Distribution Company Limited) has issued an RFS (request for selection) to procure solar power up to capacity of 500 MW from Grid connected Solar Projects through Competitive Bidding Process (conducted through electronically facilitated online web based portal of M/s ISN Electronic Tender followed by reverse auction). While a pre-bid […] Read more
Decentralized Solar Offers Energy Solutions In Climate Vulnerable Regions in India Updated On Mon, May 10th, 2021 by Saurenergy A significant section of rural India lives in areas which are prone/accustomed to climatic adversities. Hence, people living in these regions are greater risk of being underserved, and hence, impoverished. Although there have been significant improvements in India’s rural household electrification, electricity availability for health centers, schools, and rural enterprises is still limited. A new […] Read more
Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results Updated On Fri, May 7th, 2021 by Saurenergy Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […] Read more
Atlas Secures Finance for 359 MW Solar Project in Brazil Updated On Fri, May 7th, 2021 by Saurenergy Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […] Read more
Siemens Gamesa Confirmed as Supplier for 1044 MW Offshore Wind Projects Updated On Fri, May 7th, 2021 by Saurenergy The collaboration between Siemens Gamesa Renewable Energy and Hai Long Offshore Wind Project (Hai Long) has been extended to 1044 MW. The strong collaboration between Siemens Gamesa Renewable Energy and customer Hai Long Offshore Wind Project (Hai Long) has been extended to 1,044 MW. Siemens Gamesa’s largest offshore agreement in Taiwan to date now covers […] Read more
Equinor Ties up With Eni’s Norwegian RE Firm for Floating Wind Projects Updated On Fri, May 7th, 2021 by Saurenergy Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Through a collaboration agreement Equinor and Vårgrønn a Norwegian renewable energy […] Read more
LS Power Acquires 25 Facilities, Expands Solar Portfolio to 467 MW Updated On Fri, May 7th, 2021 by Saurenergy A North American development, investment, and operating company, LS Power has announced that it has entered the clean energy platform by acquiring 25 solar power facilities from Public Service Enterprise Group Incorporated (PSEG). LS has taken its portfolio to 467 MW of solar capacity. The solar facilities are being acquired by LS Power affiliate, Quattro […] Read more
