First Solar Announces Q2 2022 Financial Results: QoQ Growth 99% Updated On Tue, Aug 2nd, 2022 by Saurenergy US solar panel manufacturer First Solar has announced its Second quarter (Q2) 2022 financial results, reporting net sales worth $621 million for the second quarter, an increase of $254 million from the prior quarter. This 99% increase in QoQ was primarily a result of increased module sales volume and a gain on the sale of […] Read more
GreenZo Energy, Inducts Rajkumar Agarwal as Senior VP To Handle Nepal Project Updated On Tue, Aug 2nd, 2022 by Saurenergy GreenZo Energy, the New-Delhi based renewable energy consultant, has inducted Rajkumar Agarwal as Senior Vice President for Planning & Development of Projects. He will report to the Chairman and Founder of GreenZo Energy, Sandeep Agarwal. Rajkumar Agarwal worked as the Assistant General Manager (AGM) for NTPC, before joining GreenZo Energy. His background includes more than […] Read more
MNRE Floats EOI for 50 Innovative Solar Pumps Under PM-KUSUM Updated On Tue, Aug 2nd, 2022 by Saurenergy Continuing with its efforts to encourage innovation in the solar pumps industry, the Ministry of New and Renewable Energy (MNRE) has published an expression of interest (EoI)inviting innovators to demonstrate their inventions. Under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan (PM-KUSUM) program, the Ministry of New and Renewable Energy (MNRE) has invited bids […] Read more
First Solar To Supply 2.4 GW Solar Modules To Intersect Power Updated On Mon, Aug 1st, 2022 by Saurenergy US-headquartered First Solar, has announced entering into an agreement to supply 2.4 GW of thin film solar PV modules to Intersect Power. The modules are scheduled to be delivered from 2024 to 2026. According to Intersect Power, the modules will be deployed in its solar, storage, and green hydrogen projects coming online across the USA […] Read more
SECI Extends Deadlines Of Two Solar Tenders Of 1710MW Cumulative Capacity Updated On Fri, Jul 29th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the deadline for its two big solar projects with a cumulative capacity of 1710 MW. The 1710 MW cumulative capacity entails two tenders: a 1680 MW Domestically Manufactured Solar PV Modules tender and a 30 MW Floating Solar PV (FSPV) Plants at Koderma, Mejia, and Raghunathpur […] Read more
Tata Green Switch Project Provides Access to Green Electricity in Jharkhand Updated On Thu, Jul 28th, 2022 by Saurenergy The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […] Read more
500GW of Energy Storage Will Be Globally Available By 2031: Wood Mackenzie Updated On Thu, Jul 28th, 2022 by Saurenergy UK-based data provider Wood Mackenzie has released its Global Energy Storage Outlook today. According to this report, market growth for global energy storage has been uneven, with cumulative storage deployments anticipated to reach 500GW by 2031. Only 159-gigawatt hours (GWh) are projected for the region by 2031, compared to 422 GWh for China and 600 […] Read more
From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022 Updated On Thu, Jul 28th, 2022 by Saurenergy California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […] Read more
UPERC Adopts Tariff Of 2.98 kWh For Purchase Of 125 MW Of Solar Power Updated On Wed, Jul 27th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the green signal for a new tariff of Rs 2.98/kWh towards the procurement of 125 MW capacity of solar power from grid-connected projects. These projects will be installed as part of the Ministry of New and Renewable Energy’s “Solar Parks and Ultra Mega Solar Power Projects […] Read more
