Adani Green Energy Increases Income but net Profit Drops 82% in Q2 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […] Read more
IRENA Bats for Energy Transition Policies to maximise Socio-economic Benefits Updated On Thu, Nov 5th, 2020 by Saurenergy COVID-19 has put a lot of pressure on the energy sector, but renewable energy has been shown to be resilient, providing clean, reliable, easy to mobilise and cost-effective energy solutions. IRENA’s ‘Post-COVID recovery: An agenda for resilience, development and equality’ launched earlier this year shows that a recovery focused on the renewable-based energy transition path […] Read more
Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report Updated On Wed, Nov 4th, 2020 by Saurenergy A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […] Read more
Saitec Offshore and RWE Award Contract for DemoSATH Floating Project to Ferrovial Updated On Fri, Oct 30th, 2020 by Saurenergy Bilbao, 28 October 2020.- Leading global infrastructure operator Ferrovial has been selected for the manufacturing and assembly of the SATH floating platform in the DemoSATH project lead by Saitec Offshore Technologies in collaboration with RWE Renewables. The construction package will last 14 months and covers site preparation, concrete precasting, procurement of steel bulkheads and assembly […] Read more
Renesola Signs Cooperation Agreement for Solar PV Manufacturing Plant Updated On Fri, Oct 30th, 2020 by Saurenergy Renesola Energy Nantong (a joint venture between Zhongnan Industry and ReneSola Yixing), signed a cooperation agreement with Hai’An Economic and Technological Development Zone to set up the new manufacturing. The total investment of the project will be 2 billion yuan, mainly for Solar PV Products and Sales. Renesola Energy Nantong which is a joint venture […] Read more
Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas Updated On Fri, Oct 30th, 2020 by Saurenergy Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […] Read more
Global Solar Installations to hit 115 GW in 2020, Only 4.9 GW for India: WoodMac Updated On Wed, Oct 28th, 2020 by Saurenergy As global solar PV markets continue to weather the challenges posed by the pandemic, solar PV installations are expected to hit 115 GW dc this year. As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GW dc this year, according to […] Read more
Iberdrola and Volvo Car España agree to promote electric mobility in Spain together Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola and Volvo Car España have signed a framework cooperation agreement to promote sustainable mobility, under which the energy group will supply charging solutions for the car manufacturer’s Recharge vehicle range in Spain. The solution that Iberdrola and its portfolio company Wallbox will supply to Volvo is designed to make charging its customers’ vehicles easier […] Read more
U.S. Commercial Solar Installations Reach Second-Highest Level In 2019 Updated On Tue, Oct 13th, 2020 by Saurenergy U.S. commercial solar installations reached the second-largest year ever during 2019, rising by 10% year-on-year to 1,286 Mega Watts (MW), according to a report from the Solar Energy Industries Association (SEIA), an industry body of US solar players. The report claims that around half of all the solar corporate solar capacity that has been installed […] Read more
