Siemens Gamesa Doubles Net Income in First 9 Months of FY 19 Updated On Tue, Jul 30th, 2019 by Saurenergy Siemens Gamesa has reported in its results of the first nine months (Oct-Jun) of FY 2019, that it doubled its net income to €88 million in the period. Siemens Gamesa Renewable Energy (SGRE) has reported the results of the first nine months (October-June) and the third quarter (April-June) of the fiscal year (FY) 2019. The […] Read more
Low-Cost, Eco-friendly Solar Cells Made Possible Using Kumkum Dye Updated On Mon, Jul 29th, 2019 by Saurenergy A team of researchers has developed low-cost, environment-friendly solar cells by employing an off-the-shelf dye used to make kumkum in India. A team of researchers at the Indian Institute of Technology Hyderabad (IIT-H) have developed low-cost, environment-friendly solar cells by employing an off-the-shelf dye used to make kumkum or vermilion in India. According to the research published […] Read more
India Leads Asia Pacific With Lowest Renewable Cost: Report Updated On Mon, Jul 29th, 2019 by Saurenergy India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. According to data furnished in a new report, India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. The report “Battle for the future: Asia Pacific renewable power competitiveness […] Read more
Hyundai Launches Sonata Hybrid with Solar Roof System Updated On Fri, Jul 26th, 2019 by Saurenergy Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. The system recharges the battery to increase travel distance while preventing unnecessary battery discharge. The solar roof system, with 6 hours of daily charging, is expected to increase […] Read more
Global Solar PV Installations to Reach Record 114.5 GW in 2019 Updated On Fri, Jul 26th, 2019 by Saurenergy A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […] Read more
Solarpack Closes Financing on 3 Solar Plants in Spain Updated On Wed, Jul 24th, 2019 by Saurenergy Solarpack has closed the financing of 3 solar plants in Spain for a total of EUR 59 million, with a cumulative module capacity of 112 MW Solarpack has closed the financing of 3 solar photovoltaic plants in Spain for a total of 59 million euros, divided into a VAT financing tranche and a senior Project […] Read more
CEA Predicts 6-Fold Increase in RE Capacity by 2029-30 Updated On Tue, Jul 23rd, 2019 by Saurenergy The Central Electricity Authority predicted the rise in renewable energy capacity but said coal will still lead in power generation The Central Electricity Authority (CEA), India’s power-planning body, in a report said that India’s renewable energy capacity will sprint ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in […] Read more
IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
REIL Floats Tender for Solar Power Plants in Maharashtra Updated On Tue, Jul 23rd, 2019 by Saurenergy REIL has tendered for solar plants with capacities ranging from 250 kW to 2 MW or more at various locations in Maharashtra Rajasthan Electronics & Instruments Limited (REIL), a central public sector enterprise, has issued a tender, inviting bids from interested parties for the installation of solar PV power plants with capacities ranging from 250 […] Read more
