Business News

SolarEdge Q2 Net Income Jumps 53% YOY

SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […]

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Bhageria Industries wins 30MW Solar Power Project from SECI

Bhageria Industries (BIL) is known to have won 30MW Solar Power Project from Solar Energy Corporation of India (A Government of India Enterprise). Under this deal, BIL will install 30 MW Solar Power Plant at Ahmednagar District, Maharashtra and the project completion deadline has been sketched till the first quarter of 2017. BIL will execute […]

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India, Japan and Taiwan Join Forces to Yield Solar Power in A.P at Record-Low Levy

India’s Bharti Enterprises – SBG Cleantech, Japan’s SoftBank, Taiwan’s Foxconn has bagged a tender from NTPC under the National Solar Mission to generate 350 megawatts in the southern region of Andhra Pradesh. The trio has enrolled its first win in India’s exceedingly focused Solar Energy market. SBG Cleantech arranges $20 billion to invest in India’s […]

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Solar Energy Prime for Green India – MNRE nudge Eminent Initiatives

In the financial plan of 2015, Govt of India aims to swell 175GW of renewable energy, including a pragmatic extension of 100GW of renewable energy by 2022 said Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy during a questionnaire session in the Lok Sabha. The minister also cites […]

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