Alfa Ventures Invests in Noida-Based Skilancer Solar Updated On Tue, May 28th, 2019 by Saurenergy Alfa Ventures recently has invested in cleantech startup Skilancer Solar. Venture Capitalist fund, Alfa Ventures has announced that it has invested in Noida-based startup, Skilancer Solar. The VC fund has, however, not disclosed the amount that it has invested in the startup that primarily works in artificial intelligence-powered autonomous robot for cleaning of solar panels. […] Read more
Heraeus Photovoltaics Expands its China, Singapore R&D Capabilities Updated On Tue, May 28th, 2019 by Saurenergy “By streamlining and localizing R&D, we increase our market focus, accelerate product innovation and facilitate local alignment between sales, R&D and our customers,” Ackermann added. Adding another feather in its cap, Heraeus Photovoltaics has expanded its China and Singapore research & development (R&D) capabilities via setting up fully-equipped innovation centers. Through establishing new innovation center […] Read more
ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan Updated On Tue, May 28th, 2019 by Saurenergy The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […] Read more
Global Single-Phase Inverter Market Records 11.2% Increase in 2018: Report Updated On Tue, May 28th, 2019 by Saurenergy According to a new report, global shipments of single-phase inverter increased by 11.2 percent in 2018. Boosted by a strong residential PV demand. IHS Markit released its annual PV inverter market report in early May. According to the report, the world grid-connected PV inverter shipments remained almost flat in 2018. However, while the world grid-connected […] Read more
SECI Extends Tender For Floating Solar Plus BESS at Lakshadweep Updated On Tue, May 28th, 2019 by Saurenergy SECI has extended the tender deadline from June 3, 2019, to August 5, 2019. The Solar Energy Corporation of India (SECI) extends the tender deadline setting up of 20 MW floating solar PV power plants with associated 60 MWh Battery Energy Storage System (BESS) at Lakshadweep again. The last date for bid submission has been […] Read more
Huawei Launches its Latest 1500V String Inverter in India Updated On Mon, May 27th, 2019 by Saurenergy Huawei, a leader in inverter shipments, has announced the launch of its latest utility scale 1500V smart string inverter, the SUN2000-185KTL-INH0 (“SUN2000-185KTL”) for the Indian solar market. The SUN2000-185KTL comes integrated with an AI algorithm, that makes a good case for the model to be the best choice for 1500V solar system, trackers and bifacial […] Read more
Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL Updated On Mon, May 27th, 2019 by Saurenergy The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […] Read more
Adani Solar Aiming For 50% Market Share by 2021 Updated On Mon, May 27th, 2019 by Saurenergy Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […] Read more
Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV Updated On Mon, May 27th, 2019 by Saurenergy The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […] Read more
