Green Bonds Worth $3.6 B Issued by Indian RE Developers in H1 2021 Updated On Thu, Aug 19th, 2021 by Saurenergy According to a study released by CEEW-CEF, Indian renewable energy developers issued green bonds worth INR 26,300 crore (USD 3.6 billion) in the first half of 2021 alone, beating even previous one-year records. The CEEW Centre for Energy Finance (CEEW-CEF) is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s […] Read more
Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
Sri Lanka To Increase Rooftop Solar Investments, Cease Fresh Coal Plants Updated On Wed, Aug 18th, 2021 by Saurenergy After announcing its 2030 goals of achieving 70% electricity through renewables, Sri Lanka is now accelerating its investments in rooftop solar and planning to rule out new coal power investments. Sri Lanka‘s renewable energy sources currently are primarily HydroPower, which accounts for 35% of its electricity from renewables in 2019. The country has total generation […] Read more
IKEA To Start Selling Renewable Electricity To Swedish Households Updated On Wed, Aug 18th, 2021 by Saurenergy IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […] Read more
High Power Modules and Agriculture Production Combine, As Trina Showcases 210m Series Updated On Tue, Aug 17th, 2021 by Saurenergy Trina Solar has shared on a project, covering 160 hectares of farmland, that uses Trina Solar’s 210 Vertex 550W series and is expected to generate 110 million kWh of electricity a year. The firm is showcasing the 100 MW project as a great example of combining solar with agriculture. The firm claims that the 210 […] Read more
“We have pioneered in solving the twin problems of supply and demand of electricity”, Pranesh Chaudhary, Zunroof Updated On Tue, Aug 17th, 2021 by Saurenergy ZunRoof was one of the early movers on the solar rooftop space, going the start up way with fund raises and an aggressive expansion strategy. From solar rooftops, where the IIT Kharagpur educated founders touted their proprietary tools for tracking and performance to the move into IoT based devices for energy savings, the firm has […] Read more
SJVN Wins Bihar’s 200 MW Solar Project Auction Worth Rs. 1,000 Crore Updated On Mon, Aug 16th, 2021 by Saurenergy A joint venture of Govt. of India & Govt. of Himachal Pradesh, SJVN on Saturday announced winning the auction for 200 MW of Grid-Connected Solar Project of Rs, 1,000 crores in Bihar. According to SJCN’s Chairman Mr. Nand Lal Sharma, SJVN Ltd got the project through Open Competitive Tariff Bidding Process for quoted capacity of […] Read more
Maxeon Reports Around $3 M Loss, 434 MW Shipments in Q2 FY21 Updated On Fri, Aug 13th, 2021 by Saurenergy Singaporean solar innovation company Maxeon Solar Technologies has announced its financial results for the second quarter ended July 4, 2021, reporting around $176 million in revenues and $2.8 million in losses in Q2 FY21. While the company suffered losses worth $8 million in the year-ago period, it managed to earn a profit of $1.051 million […] Read more
Vestas Revenues At $4.1 Bn in Q2 FY21, Orsted Reports $2.68 Bn Updated On Thu, Aug 12th, 2021 by Saurenergy Danish wind turbines manufacturer, Vestas Wind Systems, has released its financial results for the second quarter of the fiscal year 2021 (Q2FY21), and it has reported a revenue of EUR 3.53 billion (USD 4.15 billion). Fellow Danish utility and developer, Orsted also reported its financial results for the same quarter today, coming out with a […] Read more
