Solar Power Project Developers Urge MNRE to Defer Auctions Updated On Mon, May 14th, 2018 by Saurenergy The non-issuance of rules and regulation related to the Inter-State Transmission System (ISTS) and General Network Access has worried developers. It has also caused uncertainty over grid connectivity for the renewable projects in the country. The lingering issue of transmission has prompted solar project developers to urge Ministry of New and Renewable Energy (MNRE) to […] Read more
Idaho PUC Creates Special Group of Solar Panel Owners Updated On Fri, May 11th, 2018 by Saurenergy The Idaho Power has been asking for creation of special group since 2017. The main motive behind the ruling was that the existing cost of serving customers is not sufficient enough and the rates should be changed. The Idaho Public Utilities Commission in United States has created a special group of Idaho power consumers who […] Read more
KSEB Sets 1,000 MW Target for Solar Power by 2021 Updated On Fri, May 11th, 2018 by Saurenergy The first step towards the target is to generate 500 MW through roof-top solar panel units. To accomplish the first project KSEB is entering into partnership with Agency for Non-conventional Energy and Rural Technology (ANERT). To shift from the conventional source of energy to more clean energy, Kerala State Electricity Board (KSEB) has set itself […] Read more
SolarEdge Revenue Surges 82% at $209.9 Mn in Q1 Updated On Fri, May 11th, 2018 by Saurenergy Strong first quarter results with record revenues and record profitability, despite the traditional seasonal slowdown and continued industry wide components shortages, says Guy Sella. Israel-based inverter solutions provider SolarEdge Technologies reported its robust total revenue jumped by 82 percent at USD 209.9 million in the first quarter of 2018 from USD 115.1 million last year, and rose 11 […] Read more
SolarEdge Set to Enter Footprints in UPS Market via Gamatronic’s Acquisition Updated On Fri, May 11th, 2018 by Saurenergy The agreement is subject to customary closing conditions and is expected to close by the end of the second quarter of 2018. With an aim to move into the markets beyond solar arena, publicly listed PV inverter maker, SolarEdge Technologies will enter into the UPS market by signing an asset purchase agreement with Gamatronic Electronic […] Read more
Tariffs Drop at NTPC’s Solar Auction Updated On Thu, May 10th, 2018 by Saurenergy All the winners include Sprng Energy, Ayana Renewable Power, and SB Energy Solar. The winners at the auction got 250 MW each. In a 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh the tariffs fell to Rs 2.72-2.73 per unit. All the winners include Sprng Energy, Ayana Renewable Power, […] Read more
California Mandates Solar Panels on All New Homes Updated On Thu, May 10th, 2018 by Saurenergy The move was approved unanimously by five-member California Energy Commission and is first of its kind in the country. It is seen as a latest effort to curb greenhouse gas emissions. Taking a lead in the US, California has made it mandatory for homes and low-rise apartments starting in 2020 to have solar rooftop panels […] Read more
NTPC’s Ananthapuram Solar Park Auction tariffs floated at Rs 2.8 per unit Updated On Thu, May 10th, 2018 by Saurenergy Earlier, in the last weeks of March, the bids in the auction of 500 MW were in range of Rs 2.98-3.06 per unit. However, dismayed with the tariff rates, the government of Gujarat cancelled the auction and may re-issue new tenders soon. In a latest auction for 750 MW at Ananthapuram Solar Park in Andhra […] Read more
Lucknow University Shifting From Conventional to Solar Power Updated On Wed, May 9th, 2018 by Saurenergy The Lucknow University has signed a memorandum of understanding (MoU) with HFM Solar Power for installation, engineering, production and maintenance of solar power in the university. Shifting completely form conventional source of energy to solar power, Lucknow University has decided to install the solar power facility on both of its campuses. The Lucknow University has […] Read more
