SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn Updated On Thu, Feb 21st, 2019 by Saurenergy 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 […] Read more
NOVEC Signs 300 MW Agreement to Bring Low Cost Solar Power to Virginia Updated On Thu, Feb 21st, 2019 by Saurenergy The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. Northern Virginia Electric Cooperative (NOVEC), the 11th largest electric cooperative in the U.S. and D. E. Shaw Renewable Investments (DESRI) have reached an agreement for […] Read more
Modi Cabinet Approves 25.7 GW Solar Scheme to Benefit Farmers Updated On Thu, Feb 21st, 2019 by Saurenergy In another move that is deadlined 2022, or in time to help the country meet its 100 GW target for solar, the government approved a major scheme to get farmers involved. The KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme has been in the works for some time and seeks to provide both financial security […] Read more
Solar Crosses 28 GW Mark in India : BTI Updated On Wed, Feb 20th, 2019 by Saurenergy 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 […] Read more
Bangalore Issues Tender For Rooftop Solar Systems on Government Buildings Updated On Wed, Feb 20th, 2019 by Saurenergy 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 […] Read more
Govt Okays 2nd Phase of Grid Connected Rooftop Solar Prog to Target 40 GW by 2022 Updated On Wed, Feb 20th, 2019 by Saurenergy 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 […] Read more
Company Feature – SolarMaxx Updated On Wed, Feb 20th, 2019 by Saurenergy Introduction 1. About us SolarMaxx, established in 2008, is a leading manufacturer and supplier of high efficiency Solar PV Modules suitable for Solar power plants of utility as well as rooftop scale. SolarMaxx is a proud leader in its regional market of Rajasthan and is rapidly expand across India. Creating and delivering clean energy, cost-effective […] Read more
Maharashtra Invites Bids For Setting Up 4 Solar Parks Updated On Tue, Feb 19th, 2019 by Saurenergy Maharashtra is seeking solar power developers to set up four solar parks of cumulative capacity of 450 MW. The Maharashtra State Power Generation Company Ltd. (MSPGCL) has issued a tender inviting bid for the selection of Solar Project Developers (SPD) for development of four Solar Parks in the state. The following locations have been proposed for […] Read more
China Plans to Launch a Space-Based Solar Power Station by 2025 Updated On Tue, Feb 19th, 2019 by Saurenergy 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 […] Read more
