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
Filatex India Signs PPA To Purchase Renewable Energy Updated On Thu, Jul 28th, 2022 by Saurenergy Filatex India Ltd, has signed a PPA with FP Crysta Energy Pvt Ltd and an SHA with FPEL Sunrise Pvt Ltd. The agreements have been signed under Gujarat’s Hybrid Wind-Solar Power Policy 2018 to mitigate the cost of energy from the grid that has constantly been on the rise and while also keeping in mind […] Read more
Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association Updated On Thu, Jul 28th, 2022 by Saurenergy According to a report from the American Clean Power Association (ACPA), a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […] Read more
The Top 5: Most Attractive Countries for Renewable Energy Investment Updated On Wed, Jul 27th, 2022 by Saurenergy The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […] Read more
GM And LG Joint Venture To Get $2.5 Billion Federal Loan For US Battery Plant Updated On Wed, Jul 27th, 2022 by Saurenergy Ultium Cells – the new joint venture by General Motors and LG Energy Solutions is expected to give a fillip to lithium ion battery cell production in America after the US Department Of Energy (DOE) has announced granting it a loan of $2.5 billion. The DOE has said that is in the process of reviving […] Read more
Nordex Group To Supply Turbines For 148 MW Wind Farm In Finland Updated On Wed, Jul 27th, 2022 by Saurenergy The Nordex Group has announced that a consortium comprised of the Finnish energy utility Helen Oy and Alandsbanken Wind Power Fund has commissioned the Nordex Group to supply and install 25 N163/5.X turbines for the 147.5 MW Karahka Wind Farm in Finland. The official statement held that the order also includes the Premium Service for […] Read more
Kerala State Commission Turns Down KSEB Petition For Gross Metering, Net Billing Updated On Tue, Jul 26th, 2022 by Saurenergy In an important order last week, the Kerala Electricity Regulatory Commission (KSERC) has turned down the plea of the state discom, Kerala State Electricity Board Ltd (KSEB) for modification of the net metering rules as applicable in the state to gross metering and a net billing regime. KSEB had also made a plea for the […] Read more
Iberdrola Secures €550 Million Loan For Renewable Projects In Spain Updated On Tue, Jul 26th, 2022 by Saurenergy Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […] Read more
German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition Updated On Tue, Jul 26th, 2022 by Saurenergy Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […] Read more
