Author: Saur News Bureau

Atlas Secures Finance for 359 MW Solar Project in Brazil

Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […]

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Ginlong Technologies (Solis) Achieves Another Year of Strong Sales Growth in 2020

Ningbo, China-Ginlong Technologies Co.,Ltd. (Solis) published its 2020 annual report. In 2020, the Company’s revenue reached 321.6 million, an increase of 83% year-on-year. Net profit attributable to the shareholders was USD 48.9 million, an increase of 151% year-on-year. Net profit after the deduction of extraordinary items was USD 43.1 million, +130% year-on-year. Net cash flow […]

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Siemens Gamesa Confirmed as Supplier for 1044 MW Offshore Wind Projects

The collaboration between Siemens Gamesa Renewable Energy and Hai Long Offshore Wind Project (Hai Long) has been extended to 1044 MW. The strong collaboration between Siemens Gamesa Renewable Energy and customer Hai Long Offshore Wind Project (Hai Long) has been extended to 1,044 MW. Siemens Gamesa’s largest offshore agreement in Taiwan to date now covers […]

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Equinor Ties up With Eni’s Norwegian RE Firm for Floating Wind Projects

Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Through a collaboration agreement Equinor and Vårgrønn a Norwegian renewable energy […]

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LS Power Acquires 25 Facilities, Expands Solar Portfolio to 467 MW

A North American development, investment, and operating company, LS Power has announced that it has entered the clean energy platform by acquiring 25 solar power facilities from Public Service Enterprise Group Incorporated (PSEG). LS has taken its portfolio to 467 MW of solar capacity.  The solar facilities are being acquired by LS Power affiliate, Quattro […]

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Sunrun Records Total Revenue of $334.8 Million in Q1 FY21

An American provider of residential solar panels and storage energy services, Sunrun Inc. has rolled out its financial results for the first quarter of the fiscal year ended March 31, 2021 (Q1 FY21). Sunrun announced that it has welcomed around 23,556 new customers in FY21 with a total revenue was USD 334.8 million in Q1 […]

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Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 80 MWac

Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased an 80 MWac pre-operational solar project from Broad Reach Power (“BRP”). The project, MTSun Solar LLC, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term Power Purchase Agreement […]

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