Cabinet Gives Nod for Resolution to Open ISA Membership Updated On Fri, Nov 2nd, 2018 by Saurenergy ISA is an alliance of more than 121 countries initiated by India, most of them being sunshine countries, to work for efficient exploitation of solar energy so as to reduce dependence on fossil fuels The Union Cabinet on Thursday gave ex-post facto approval for India moving a resolution for opening up of International Solar Alliance […] Read more
Viz-A-Viz with Anshul Gupta, Director, Okaya Power Pvt Ltd Updated On Thu, Nov 1st, 2018 by Saurenergy Q. What are the initiatives Okaya has taken in contributing towards India’s clean and green energy initiative? Okaya is working continuously to introduce new technologies in Solar energy storage segment and contribute towards the country’s clean and green energy initiatives. Use of solar energy has become more main stream after the launch of the government’s […] Read more
What to Expect from India’s National Energy Storage Mission Updated On Thu, Nov 1st, 2018 by Saurenergy Solar power with its inherent limitation of being available only during day time and the influence of weather conditions, has made batteries an integral part for all PV systems. Increasing solar power injection makes grid stability and management issues a concern. As India is moving rapidly towards an energy and transportation transition, the need to […] Read more
LONGi Issues 2018 Q3 Report: Revenue Rose 35.26% Compared to the Same 3 Quarters in 2017 to USD 2.11 Billion Updated On Thu, Nov 1st, 2018 by Saurenergy Yesterday, LONGi Green Energy Technology Co., Ltd. (601012.SH) released its 2018 Q3 financial report, which showed: In the first three quarters of 2018, LONGi realized revenue of USD 2.11 billion, up 35.26% compared to the same 3 quarters in 2017. Net profit attributable to the parent company was USD 242.83 million. LONGi’s revenue has steadily […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
HPL Electric & Power Q2 Net Surges 26.1% to Rs 7.8 Cr Updated On Tue, Oct 30th, 2018 by Saurenergy “The consolidated net profit after taxes (PAT) of the company stood at Rs 6.2 crore during the corresponding quarter a year ago,” said HPL Electric & Power. One of the country’s leading electric equipment maker, HPL Electric & Power reported an increase of 26.1 per cent in its consolidated net profit after taxes (PAT) at […] Read more
Smart Meters in Rural India a Win-Win Soln for All: ADB Updated On Mon, Oct 29th, 2018 by Saurenergy ADB decided to support a USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India. International development finance institution Asian Development Bank (ADB) is mulling to scale up satellite communication technology based smart meters projects as it finds it to be a win-win solution for various stakeholders, including […] Read more
Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more
Jolywood was Invited to Participate in the First Belt and Road Energy Ministerial Conference Updated On Mon, Oct 29th, 2018 by Saurenergy Jolywood (Suzhou) Sunwatt Co. Ltd. (SZ: 300393) (Jolywood), the world’s leading supplier of N-type high efficiency bifacial solar cells and modules, was a key participant in the 2018 Belt and Road Energy Ministerial Conference and International Forum on Energy Transition (“the Conference”) to discuss energy cooperation and the future of new energy. Mr. Lin Jianwei, […] Read more
