87% Solar Manufacturers Expect Increased Prices for Consumers: GOGLA Updated On Wed, Jul 28th, 2021 by Saurenergy Netherlands-based GOGLA has conducted a survey of 33 solar equipment manufacturers, primarily SHS Kit manufacturers, to understand the impact of disruptions caused by materials shortages and raised shipping costs on the off-grid solar industry. An unprecedented high demand for electric vehicles and consumer electronics (among others caused by COVID-19) has resulted in manufacturers facing chronic […] Read more
Tesla Postpones Semi Truck To 2022, Shows A Profit On Battery and Solar Updated On Tue, Jul 27th, 2021 by Saurenergy EV Poster firm, Tesla has just announced its second quarter (Q2) quarterly results. The firm, with an oversized presence and impact in the EV segment has shared some key metrics for its solar and energy storage business this time. In fact, even as it has postponed the launch of its electric trucks, the Semi Truck […] Read more
Norway Firm REC Silicon Reports $35.6 M Revenue in Q2 FY21 Updated On Fri, Jul 23rd, 2021 by Saurenergy REC Silicon is exploring opportunities created by President Biden’s renewable energy agenda to utilize its proven FBR technology to provide low-cost, low-carbon polysilicon for the solar value chain, said Tore Torvund, CEO of the Norway-based silicon materials producer. The company recently reported second quarter 2021 revenues of USD 35.6 million versus USD 28.0 million in the […] Read more
GUVNL Revokes Subsidy to 4,000 Solar Projects of Around 2500 MWs Updated On Thu, Jul 22nd, 2021 by Saurenergy A wholly-owned state electricity regulation board in the state of Gujarat, Gujarat Ujrja Vikas Nigam Ltd. (GUVNL) has withdrawn subsidies to small-scale distributed solar projects, hitting about 4,000 projects with an aggregate capacity of around 2500 MW contracted capacity. The purchase price of power produced was fixed at Rs 2.83 per unit which was already […] Read more
Business Development Officer -Solar PV Plant Updated On Sat, Jul 17th, 2021 by Saurenergy Collate the estimates of existing regional market potential for rooftop/captive solar projects. Prepare sales/revenue forecast and implement strategies to achieve sales, revenue, profit, and market-share objectives of the company and deliver on annual and quarterly sales/revenue/profit plans. Analyse sales and industry data, market trends, and impact of changes in external and review sales plan as […] Read more
Canadian Solar Wins 45 MWh Energy Storage Project in Colombia Updated On Tue, Jul 13th, 2021 by Saurenergy Canadian Solar Inc., a solar PV module manufacturer in Canada, has won its first-ever utility-scale battery storage project in Colombia with a capacity of 45 MWh. The project was awarded in the public tender floated by Colombia’s Ministry of Energy and Mines via its affiliate UPME, the Mining, and Energy Planning Unit. Located in the […] Read more
Lightsource bp Raises Euro 52M For 100MW Solar Projects in Spain Updated On Tue, Jul 13th, 2021 by Saurenergy European solar developer Lightsource bp has successfully raised a Euro 52 million term loan from leading financial backers for its Barrica solar projects in the Aragon region of Spain, giving the green light for construction to begin on two 49.5MWp solar sites. Leading financial backers include Banco Sabadell, Natwest, Santander, and Intesa Sanpaolo, which provided the necessary financial […] Read more
Sterling and Wilson Solar Q4 2021 Results-Heavy Losses Updated On Wed, Jun 30th, 2021 by Saurenergy The Shapoorji Pallonjee Group’s Sterling and Wilson Solar, on Tuesday, announced their March results and the story is not good. Having already informed exchanges about hits the firm took in the quarter from a contractor’s bankruptcy, and other issues, the firm slipped into losses for the year. The firm had earlier issued a warning regarding […] Read more
HPL Electric and Power Ltd reports revenue of ₹ 308 Crores in Q4 FY21 Updated On Tue, Jun 29th, 2021 by Saurenergy Indian electric equipment company HPL Electric and Power Ltd. released its financial results for the fourth quarter of the fiscal year 2021 (April’20 to March’21) yesterday, reporting total revenue of ₹ 308 Crores, led by robust growth in the Metering and Consumer segment (B2C). The metering business witnessed an improved performance in Q4 FY21 than […] Read more
