Microinverter-maker Enphase Energy Earns $351.5 M Revenue in Q3FY21 Updated On Fri, Oct 29th, 2021 by Saurenergy California-based supplier of microinverter-based solar and battery systems Enphase Energy has released its financial results for the third quarter of 2021, reporting quarterly revenue of $351.5 million, along with 40.8% for non-GAAP gross margin. The company shipped approximately 2,599,575 microinverters, or 913 megawatts DC, and 65 megawatt hours of Enphase Storage systems during this period. […] Read more
AGEL Q2 FY 22 Results Out: ₹859 cr Cash Profit in H1, RE Portfolio 20,284 MW Updated On Fri, Oct 29th, 2021 by Saurenergy Adani Green Energy Ltd. (AGEL), the green arm of the Adani Group, has released the financial results for the quarter and half year ended September 30, 2021, reporting that cash profit increased by 45% to Rs. 859 crores in H1 FY22. The company’s overall renewable portfolio increased to 20,284 MW during this period. The Operational […] Read more
Corrit Electric Goes For The Teen Market With Hover E-Bike Updated On Thu, Oct 28th, 2021 by Saurenergy Gurgaon-based Corrit Electric states that it is on a mission to drive sustainable solutions in the automobile industry. The company is now set to launch their first electric scooter — Hover — for the “younger generation.” With a 110 km range, 25Kmph speed and a 60V 20Ah lithium-ion battery, the scooter will be available in […] Read more
State Energy Efficiency Index ’20 Out: #1 Karnataka; #2 Rajasthan Updated On Thu, Oct 28th, 2021 by Saurenergy Karnataka has ranked no. 1 on the State Energy Efficiency Index (SEEI) 2020 as a result of undertaking various initiatives to upscale energy efficiency in the state, beyond notifications of relevant regulations, said the Ministry of Power. In SEEI 2020, 36 states and union territories have been assessed. Based on their efforts and achievements, states have […] Read more
Expect Tariff Hike by 20-25 Paise/Unit in Upcoming Solar Bids: ICRA Updated On Thu, Oct 28th, 2021 by Saurenergy The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […] Read more
GESCL Invites Bids for 60 MW Solar Projects in Gujarat Updated On Wed, Oct 27th, 2021 by Saurenergy The Gujarat State Corporation Limited (GESCL) has invited bids from interested contractors for the design, engineering, supply, procurement, installation, and commissioning of 60 MW solar photovoltaic grid-connected power plants, including their operation and maintenance for 5 years, around various substations of GETCO of Bhachau Taluka in Kachchh District, Gujarat. The deadline for bid submission is […] Read more
REIL Floats Tender for 7K Monocrystalline/Mono PERC Solar Modules Updated On Tue, Oct 26th, 2021 by Saurenergy The Rajasthan Electronics and Instruments Limited (REIL) has released a tender, inviting bids to procure 7,000 solar modules of minimum 380 W to 390 W made from 72 monocrystalline or mono PERC silicon solar cells. The deadline to submit bids is November 01, 2021, at 2 pm. The bids will be opened on the next […] Read more
SECI Invites Bids for 1200 MW ISTS-connected Wind Projects Updated On Mon, Oct 25th, 2021 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for the setting up of interstate transmission system (ISTS)-connected wind power projects on build own operate (BOO) basis for an aggregate capacity of 1200 MW. SECI, which was established to implement National Solar Mission (NSM), will select wind power developers under tariff-based […] Read more
ISA to Provide Up to $50 k Grant to 11 Countries for Solar Projects Updated On Mon, Oct 25th, 2021 by Saurenergy The International Solar Alliance (ISA) will provide a grant of up to USD 50,000 to Least Developed Countries (LDC) and Small Island Developing States (SID) member countries to undertake Demonstration Solar projects. The Detailed Project Reports (DPRs) of 11 ISA member countries from this cohort – Comoros, Ethiopia, Fiji, Guyana, Jamaica, Kiribati, Malawi, Senegal, Togo, […] Read more
