EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Vestas Bags Orders Worth 160 MW in Mexico and China Updated On Fri, Feb 21st, 2020 by Saurenergy Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. An EPC order for a 108 MW project and a 52 MW turbine order in China. Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. The first order has been received for an engineering, […] Read more
India Installed 2.3 GW of new Solar Capacity in the Last Quarter of 2019 Updated On Fri, Feb 21st, 2020 by Saurenergy India installed 2,308 MW (2.3 GW) of solar capacity and 817 MW wind projects in Q4 of 2019, according to a new report India installed 2,308 MW (2.3 GW) of solar capacity and 817 MW wind projects in the fourth quarter (Q4) of 2019, according to a new report. The report published by research firm JMK […] Read more
Andhra Govt Proposes to set up Solar Plants for 10 GW Power Updated On Thu, Feb 20th, 2020 by Saurenergy The Andhra Pradesh Government has proposed to set up its own solar plants to produce 10 GW of solar power to meet the requirements of the agriculture sector. The Andhra Pradesh Government has proposed to set up its own generating units to produce 10,000 MW (10 GW) of solar power to meet the energy requirements […] Read more
Standard Chartered Commits $35 Bn Towards Renewable Projects Updated On Wed, Feb 19th, 2020 by Saurenergy Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […] Read more
Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18 Updated On Wed, Feb 19th, 2020 by Saurenergy India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […] Read more
Nearly 27 GW of new Solar Capacity Added in India in Last Three Years Updated On Wed, Feb 19th, 2020 by Saurenergy A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years in India. A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years i.e. from 2016-17 to 2018-19 and the current year […] Read more
Vikram Solar Signals Crisis With Big Layoffs Updated On Mon, Feb 17th, 2020 by Saurenergy Vikram Solar, a leading domestic manufacturer and EPC player in the solar space, has become one of the biggest players to acknowledge, and share the pain of the slowdown in the renewable energy sector. Reacting to news stories carried in local Bengali newspapers, the company has finally released a statement acknowledging the challenges it is […] Read more
SECI Signs PSA for 100 MW Solar Power With Storage With Chhattisgarh Discom Updated On Fri, Feb 14th, 2020 by Saurenergy SECI has signed a PSA worth 100 MW solar power clubbed with 50 MW/100 MWh Energy from Battery Storage with the Chhattisgarh State Power Distribution Company Power Purchase Agreement for 100 MW Solar Power with 50MW/150 MWh Energy from Battery Storage was signed with Chhattisgarh State Power Distribution Company Limited at Vidhyut Sewa Bhawan at […] Read more
