Is Loom Solar Really Competing with Amazon?Advertorial Updated On Sat, Nov 3rd, 2018 by Saurenergy With solar technology gradually becoming mainstream, there are many companies diversifying into solar, granting customers a large number of choices. Sometimes customers get confused due to a presence of a large number of solar brands/ companies and are unsure of the choices they make. Many good suppliers/ companies also get lost in the crowd, until […] Read more
Construction of 11.6MW Ground-Mounted Solar Plant in Central Hungary by Unisun Energy Group Updated On Fri, Nov 2nd, 2018 by Saurenergy The start of the project marks another milestone in Unisun’s roadmap to accelerate its expansion into global markets Zhejiang province, China-based Unisun Energy Group, a leading global provider of clean energy solutions, recently announced that the company was about to commence construction of the first phase of its ground-mounted solar power facility in Tiszaszolos, Hungary with initial installed capacity […] Read more
SolarEdge Announces Third Quarter 2018 Financial Results Updated On Fri, Nov 2nd, 2018 by Saurenergy SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95 Non-GAAP net diluted EPS of $0.86 […] Read more
Hyundai Motor Group Reveals Solar Charging System Technology to Power Future Eco-Friendly Vehicles Updated On Thu, Nov 1st, 2018 by Saurenergy Hyundai Motor and Kia Motors have today announced plans to introduce solar charging technology on selected Hyundai Motor Group vehicles. Electricity-generating solar panels will be incorporated into the roof or the hood of vehicles, and will support internal combustion, hybrid and battery electric vehicles with additional electrical power, increasing fuel efficiency and range. The solar […] Read more
Trina Solar supplies 17MW to the largest floating PV system in Europe Updated On Wed, Oct 31st, 2018 by Saurenergy Trina Solar Limited (“Trina Solar” or the “company”), a leading total solutions provider for solar energy, announced today that it has supplied 17 megawatts of PV modules to the largest floating PV plant in Europe. The “O’MEGA 1” PV project has been developed by Akuo Energy, France’s leading independent producer of renewable energy, under the specific […] Read more
ACME Solar Appoints Barclays, JPMorgan for private InvIT Updated On Wed, Oct 31st, 2018 by Saurenergy So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
A Solar Cell That Does Double Duty for Renewable Energy Updated On Tue, Oct 30th, 2018 by Saurenergy Researchers develop an artificial photosynthesis system that generates hydrogen fuel and electricity at the same time In the quest for abundant, renewable alternatives to fossil fuels, scientists have sought to harvest the sun’s energy through “water splitting,” an artificial photosynthesis technique that uses sunlight to generate hydrogen fuel from water. But water-splitting devices have yet […] Read more