SolarEdge Announces Financial Results for Q1 2021 Updated On Tue, May 4th, 2021 by Saurenergy Israeli-based solar inverter manufacturer SolarEdge has announced its financial results for the first quarter ended March 31, 2021, reporting good revenues to shareholders worldwide. Zvi Lando, CEO of SolarEdge, said, “We are happy to report our first quarter results, representing continued growth in our solar business across geographies and segments.” In Q1 2021, the company reported […] Read more
First Solar Records $803 Million in Net Sales in Q1 2021 Updated On Tue, May 4th, 2021 by Saurenergy American solar technology company, First Solar has released its first-quarter (Q1) 2021 financial results, showing that the company has recorded net sales of USD 803 million with an increase of USD 194 million from the prior quarter. First Solar says that this has resulted primarily due to an increase in systems revenue driven by U.S. […] Read more
NYSERDA to repurpose former Benson mine into 20 MW solar plant Updated On Wed, Apr 28th, 2021 by Saurenergy Yesterday, Governor Andrew M. Cuomo, the 56th governor of New York State, announced a lease-option agreement for the first build-ready site in New York State, under which the New York State Energy Research and Development Authority (NYSERDA) will repurpose the formerly mined land in St. Lawrence County into one of the largest solar projects in […] Read more
ReNew Power to use Robotic Cleaning Solutions From Airtouch Solar Updated On Wed, Apr 28th, 2021 by Saurenergy Airtouch Solar will supply its water-free robotic cleaning systems for three of ReNew Power’s new solar plants in Rajasthan, India. Israel-based clean solutions providers for solar systems Airtouch Solar (Airtouch) has announced that it has signed contracts for the supply of its water-free robotic cleaning systems for application on three of ReNew Power’s new solar […] Read more
German Govt to Expand Capacity in Solar & Wind Power Auctions Updated On Sat, Apr 24th, 2021 by Saurenergy The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix […] Read more
JinkoSolar Joins the United Nations Global Compact Updated On Fri, Apr 23rd, 2021 by Saurenergy JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced it has joined the United Nations (U.N.) Global Compact, the world’s largest corporate sustainability initiative. Under the U.N. Global Compact, signatories are encouraged to align their operations and strategies with key principles on human rights, labor, environment, and anti-corruption. […] Read more
Solar O&M Gets Set For The Big League In India Updated On Mon, Apr 19th, 2021 by Saurenergy As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […] Read more
ISGF Paper Proposes new Revenue Opportunites For Electric Utilites Updated On Sat, Apr 17th, 2021 by Saurenergy A new white paper entitled New Revenue Opportunities for Utilities, which highlights various opportunities for revenue generation for utilities through digitalising the power sector and unlocking existing infrastructure and services, has been published by India Smart Grid Forum- a public private partnership initiative of Ministry of Power for accelerated development of smart grid technologies in the […] Read more
GIP’s Indian Arm Vector Green Gets CRISIL AAA Rating for Solar Portfolio Updated On Thu, Apr 15th, 2021 by Saurenergy Vector Green Energy, the Indian renewables platform wholly owned by fund manager Global Infrastructure Partners (“GIP”) in India, has been awarded the highest rating of ‘AAA/stable’ by credit rating agency CRISIL for a group of its solar power generating plants (Restricted group). A AAA rating implies the highest safety and lowest credit risk for any […] Read more
