Canadian Solar Reports Third Quarter 2016 Results Updated On Tue, Nov 22nd, 2016 by Saurenergy Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […] Read more
14.30 GW Renewable Energy Capacity added during last two and half years: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines in Rajya Sabha on Monday said that 14.30 GW of renewable energy capacity has been added during last two and half years under Grid Connected Renewable Power. 14.30 GW of renewable energy capacity added during last two and half years […] Read more
MNRE has sanctioned Rs 67.01 Crore under Solar City Programme: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Monday in Rajya Sabha said that the renewable energy ministry has sanctioned a total amount of Rs. 67.01 crore for preparation of master plans, solar city cells, promotional activities and installation of renewable energy projects and an amount of Rs. […] Read more
Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016 Updated On Tue, Nov 22nd, 2016 by Saurenergy Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […] Read more
India imported 84% of solar cells and modules from China in FY16 Updated On Mon, Nov 21st, 2016 by Saurenergy At least 84% of solar cells and modules imports were from China alone in 2015-16. As much as $1.96 worth of solar cells and modules were imported from China against the total imports of these equipment of $2.34 billion in 2015-16, New and Renewable Energy Minister Piyush Goyal stated in a written reply to Rajya […] Read more
Telangana gearing up to add 1000MW solar power to the grid before the end of current FY: Report Updated On Mon, Nov 21st, 2016 by Saurenergy Telangana power utilities are reportedly gearing up to add 1,000 MW of solar power to the grid before the end of this fiscal. According to The Hindu, utilities have received huge response on tenders floated for setting up solar power plant. With the addition of 1,000 MW, the state can handle the power crisis in […] Read more
Adani confirms plan to begin construction on the large-scale solar plant in Australia next year Updated On Mon, Nov 21st, 2016 by Saurenergy Indian mining and energy giant Adani power has confirmed that it is going ahead to build 100-200MW solar plant in the south-west of Moranbah in the Bowen Basin. The energy generated by the solar plant can power up-to 32,000 homes. The company in a statement said “it proposes to commence construction of two major solar […] Read more
Andhra Pradesh CM to inaugurate Polavaram solar power plant at Gollagudem village on Monday Updated On Mon, Nov 21st, 2016 by Saurenergy Andhra Pradesh Chief Minister Chandrababu Naidu will inaugurate 5 MW Polavaram Canal Bund Solar power project today at Gollagudem village in West Godavari district. The five megawatt solar power project is expected to generate eight million units of power a year. The solar project spreads across 27 acres of land and is built by APGenco […] Read more
Ascent Solar Announces Third Quarter 2016 Financial Results Updated On Sat, Nov 19th, 2016 by Saurenergy Ascent Solar Technologies, Inc. reported results for the third quarter ended September 30, 2016. Financial Results for the Third Quarter Ended September 30, 2016 Total net revenue booked for the third quarter of 2016 was $453K, a recovery of approximately 78% from second quarter 2016. Gross shipments for the period were about $1.1M but net revenue […] Read more