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SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn

However, the company’s net income dropped 34% in Q4 at USD 12.9 million, from USD 19.5 million in the same period a year ago. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 39 percent in its total revenue at USD 263.7 million during the fourth quarter of FY 2018, as against USD […]

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The URGE for “Li” Vault

Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]

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We Welcome The Govt Decision For 2nd Phase of RTS Scheme: Praveer Sinha

Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […]

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EcoMen Solar Commission 76 kW Rooftop Solar Project in New Jersey

The 75.6 kW solar system was developed using 256 Silfab Solar Panels and SolarEdge inverters. New Jersey-based solar solutions provider, EcoMen Solar has successfully commissioned a 75.6 kW rooftop solar PV power project at the Poet’s Square Shopping Plaza in Freehold, New Jersey. Poet’s Square Plaza hosts retail storefronts and professional businesses. The installed solar systems […]

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Solar Crosses 28 GW Mark in India : BTI

Only 1,446 MW of new capacity additions were made in the October-December 2018 period, of which 990 MW was in utility-scale solar and 456 MW in rooftop solar. India’s total solar energy generation capacity at the end of December, including the 3.85 GW rooftop segment, stood at 28.05 GW according to a report by the […]

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Bangalore Issues Tender For Rooftop Solar Systems on Government Buildings

The last date of bid submission is March 5, 2019, and the bids will be opened on March 6, 2019. The Bangalore Electricity Supply Company (BESCOM) has issued a short term tender for Solar Rooftop Photo Voltaic (SRTPV) grid-connected power plants (with Grid tied Inverter/Hybrid Inverter/Micro Inverter/Solar-Wind hybrid plants) on the rooftops of government buildings […]

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Govt Okays 2nd Phase of Grid Connected Rooftop Solar Prog to Target 40 GW by 2022

The programme will be implemented with total central financial support of Rs 11,814 crore. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the Phase-II of grid connected rooftop solar programme. As per the Cabinet Committee on […]

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Large Scale Solar Project Tender Issued in Malaysia

The last date for the projects which will be developed under the country’s third cycle of large scale solar program is August 19, 2019. The Suruhanjaya Tenaga (Energy Commission of Malaysia) has issued a tender in Peninsular Malaysia for the development of a large scale solar PV project. The commission is conducting a competitive bidding process to […]

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China Plans to Launch a Space-Based Solar Power Station by 2025

According to China’s Science and Technology Daily, the country’s researchers are working on a solar power station they will send to outer space. China’s Academy of Space Technology is working on an orbital power plant that would capture solar energy in space and beam it back to Earth. The scientists in Chongqing, China have plans […]

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