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
India, France to Co-Host First International Solar Alliance Summit in Mar Updated On Fri, Feb 23rd, 2018 by Saurenergy India will achieve 22 GW solar energy capacity by next month and should be able to meet its target of 100 GW by 2022. India and France will co-host the first International Solar Alliance (ISA) Summit on March 11 to be held at Rashtrapati Bhavan in New Delhi, where at least 10 heads of state are expected […] Read more
Canadian Solar Sells 142MWp Solar Assets to UK’s Greencoat Updated On Fri, Feb 23rd, 2018 by Saurenergy The 24 solar power plants will generate approximately 142,000 MWh of clean energy annually, sufficient for approximately 46,000 UK households and will reduce CO2 emissions by 56,800 tons per year. Canadian Solar has announced that it has completed the sale of a 142MWp solar portfolio to UK renewable energy investor Greencoat Capital LLP The solar […] Read more
Amplus Commits Rs 2,200 cr Investment in UP to Build 500 Mw Solar Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy We are committed to install solar capacity of 500 MW in the state in the next 5 years, says Sanjeev Aggarwal. Solar power plant manufacturer Amplus Energy Solutions has inked a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 2,200 crore over the next 5 years. The MoU […] Read more
Avaada Power to Invest Rs 10k cr to Set Up 1,600 MW Solar Projs in UP Updated On Thu, Feb 22nd, 2018 by Saurenergy The company’s projects will help the state in meeting its annual target of 2,000 MW production capacity of solar energy. Avaada Power, a clean energy company, has entered into a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 10,000 crore in setting up 1,600 MW solar projects. […] 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
Shinsung E&C to Supply $19.6 Million Solar Cells to France Updated On Wed, Feb 21st, 2018 by Saurenergy According to the Shinsung E&G official the company conducted a year-long test to achieve the certification with an aim to make inroads into the French market. Shinsung E&G Co., South Korea based solar energy firm has signed a 21.1 billion won ($19.6 million) deal to supply monocrystalline solar cells to Upsolar, a global developer and […] Read more
