First Solar Net Loss Narrows to $432.45 Mn in Q4 Updated On Fri, Feb 23rd, 2018 by Saurenergy Its net sales in Q4 were $339 million, a decrease of $748 million from the previous quarter on the back of lower systems and third-party module sales. Comprehensive PV solar systems provider, First Solar, Inc. has reported that its net loss narrowed to $432.45 million, or $4.14 per share, in the fourth quarter of 2017. […] Read more
Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs Updated On Fri, Feb 23rd, 2018 by Saurenergy The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […] Read more
Solar Panel Case: MNRE Removes DCR Clause From 5 GW Phase-II Batch-IV VGF Scheme Updated On Fri, Feb 23rd, 2018 by Saurenergy The amendment comes in response to the US allegation that India had not complied with the World Trade Organisation’s ruling in the solar panels dispute case. In a significant development, the Ministry of New and Renewable Energy (MNRE) has announced an amendment for the implementation of a scheme for setting-up of more than 5 GW […] Read more
First Solar to Build 200-Mwac Solar Project in Georgia Updated On Thu, Feb 22nd, 2018 by Saurenergy First Solar was awarded the installation as part of a 525-MWac Request for Proposals for Georgia Power’s Renewable Energy Development Initiative (REDI). First Solar is set to proceed with development and construction of a 200-MWac photovoltaic solar power plant in Twiggs County, Georgia. First Solar was awarded the installation as part of a 525-MWac Request […] Read more
Solar Home Lighting System Powers Rural India Updated On Wed, Feb 21st, 2018 by Saurenergy With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […] Read more
Alec Energy to Construct 6.5 MW Solar Rooftop Project for Dubai Hills Mall Updated On Tue, Feb 20th, 2018 by Saurenergy Alec Energy will be responsible for the system design, sourcing local approvals and construction of the facility. Alec Energy, Alec Engineering and Contracting’s renewable energy unit, has signed off on a contract to construct a 6.5MW rooftop solar plant with Emaar Development for the Dubai Hills Mall project which is currently under construction. According to […] Read more
Enel Begins Operations at 103 MW Solar Park in Brazil Updated On Tue, Feb 20th, 2018 by Saurenergy For this project, Enel Green Power claims to have invested around $110m for the construction of the Horizonte solar park. Italian renewable energy company Enel has begun operations at the 103MW Horizonte solar park in Brazil through its subsidiary Enel Green Power Brasil Participações (EGPB). The solar park is located in the municipality of Tabocas […] Read more
Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion Updated On Mon, Feb 19th, 2018 by Saurenergy The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly […] Read more
Ecoppia Deploys Solar Panel Cleaning Solutions in Bhadla Park, Rajasthan Updated On Mon, Feb 19th, 2018 by Saurenergy The site is developed by the Engie Solar India, a subsidiary of energy multinational ENGIE Group. Robotic PV cleaning solutions provider, Ecoppia has completed the deployment of hundreds of its automated systems in the 2,255 MW Bhadla Solar Park in Jodhpur, Rajasthan. The Bhadla Solar Park is located in a vast desert area and is developed […] Read more
