Suzlon Energy Posts Net Loss at Rs 625.76 Cr in Sept Quarter Updated On Thu, Nov 15th, 2018 by Saurenergy However, it’s consolidated total income from operations grew to Rs 1,221.89 crore during Q2 2018-19, as compared to Rs 1,179.07 crore during the same period last year. Leading wind turbine maker Suzlon Energy reported its consolidated net loss after tax at Rs 625.76 crore in the July-September quarter of FY19. “The consolidated net profit after […] Read more
Adapt or Die – Can Renewables Save the Planet, or Is It Too Late? Updated On Thu, Nov 15th, 2018 by Saurenergy Since the recently held Global Climate Action Summit where global leaders debated the practicalities of taking the climate change battle to the next level, media sources the world over have all been reporting the same thing: if global warming is not kept in check, there will be dangerous environmental and socio economical consequences. The BBC headlined with […] Read more
Seraphim Solar Gets 80 MW Supply Pact in Vietnam Updated On Thu, Nov 15th, 2018 by Saurenergy The company has agreed to deliver the PV modules for a targeted commission date in late April 2019. Jiangsu Seraphim Solar System (Seraphim) has inked new landmark supply agreements for two separate PV projects totaling 80MW in Vietnam. The solar farms are a joint venture project of AMI Renewables of Vietnam and AC Energy of the Philippines. The company has agreed to […] Read more
Sungrow Partners with Bouygues to Support 201 MW PV Plant in Vietnam Updated On Thu, Nov 15th, 2018 by Saurenergy The solar project is the largest solar plant in Vietnam, and is currently being developed by a joint venture, BIM Group and AC Energy. One of the leading inverter solution suppliers for renewables Sungrow to partner with Bouygues, a French multinational industrial group, to supply 1500V turnkey container solution, associated SCADA and PPC for a 201 MW […] Read more
Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
Azure Q2 Loss Narrows to Rs 29.8 Cr on Revenue from New Projects Updated On Thu, Nov 15th, 2018 by Saurenergy Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […] Read more
India’s Solar Capacity Addition to Fall by 55% in FY19 Updated On Wed, Nov 14th, 2018 by Saurenergy However, the rooftop solar market continues to register a robust performance growing at a pace of 70% annually. Renewable energy consultancy firm Bridge to India has painted a grim picture of the solar industry in the country and has claimed that the solar capacity addition in the current FY will be 55% less than it […] Read more
Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL Updated On Wed, Nov 14th, 2018 by Saurenergy Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […] Read more
Tata Power Solar Launches Residential Rooftop Solution in Bhubaneswar Updated On Wed, Nov 14th, 2018 by Saurenergy The consumers can avail a chance to earn from their idle rooftop space. Tata Power Solar has launched a complete residential rooftop solution in Bhubaneswar providing up to Rs 50,000 worth of saving annually for a period of 25 years. The consumers can avail a chance to earn from their idle rooftop space. To further […] Read more
