Govt Asks Solar Manufacturers to Submit List of Items for Basic Custom Duty Exemption Updated On Thu, Feb 13th, 2020 by Saurenergy In a step towards providing further relief to domestic solar manufacturers in the country, the Government on Thursday has asked the solar photovoltaic (PV) manufacturers and related associations to submit their list of items to be included in the Basic Custom Duty (BCD) exemption list. In this regard, the Ministry of New and Renewable Energy […] Read more
SolarEdge to Supply Enfindus With Inverters for 1 GW of Solar Projects Updated On Thu, Feb 6th, 2020 by Saurenergy SolarEdge has entered into a contract to supply smart energy products including inverters and power optimisers for 1 GW of solar projects with Enfindus. SolarEdge Technologies, a global leader in smart energy, has announced that it has entered into a contract to supply smart energy products and solutions, including inverters and power optimisers for 1 […] Read more
Vestas Sees Revenue of €12.1 Bn in 2019, Projects Over €14 Bn for 2020 Updated On Wed, Feb 5th, 2020 by Saurenergy Vestas has issued its financial results for the year 2019 reporting that for the full year revenue amounted to EUR 12.1 billion Vestas has issued its financial results for the year 2019. For the full year 2019, revenue amounted to EUR 12.1 billion, with the EBIT margin before special items were 8.3 percent, and total […] Read more
Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20 Updated On Tue, Feb 4th, 2020 by Saurenergy Adani Green Energy has announced its financial results for the first 9 months, reporting revenue from operations of Rs 1852 crore, a 35% growth YoY Adani Green Energy (AGEL), a part of the Adani Group, has announced its financial results for the first 9 months of FY 20 and quarter ended December 31, 2019. And […] Read more
Budget 2020: Solar Industry Wishlist for Sitharaman Updated On Mon, Jan 27th, 2020 by Saurenergy Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […] Read more
Scatec Solar Reports Strong Q4 With 32% EBITDA Growth Updated On Mon, Jan 27th, 2020 by Saurenergy Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million (1,666) (USD 181 million), and EBITDA of NOK 434 million (329). Power production reached 298 […] Read more
Adani & Azure Winners in SECI’s Manufacturing-Linked Solar Tender Updated On Sat, Jan 18th, 2020 by Saurenergy Adani Green Energy and Azure Power have emerged as the successful bidders in SECI’s first manufacturing-linked solar tender Adani Green Energy and Azure Power have emerged as successful bidders in Solar Energy Corporation of India’s (SECI’s) first manufacturing-linked solar tender, a top government official has confirmed. Adani has bid for 1.5 GW solar cell manufacturing capacity and 6 GW generation capacity, MNRE Secretary […] Read more
Solar Integrated Roofing Secures $2.7 Million in Financing Updated On Sat, Jan 4th, 2020 by Saurenergy Solar Integrated Roofing has announced that it has secured a USD 2.7 million financing in a non-dilutive structure to close two acquisitions. Solar Integrated Roofing Corporation, an integrated solar and roofing installation company specialising in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally, has announced that […] Read more
JA Solar Planning to Invest $947 mn to Build 2 PV Manufacturing Plants Updated On Thu, Jan 2nd, 2020 by Saurenergy JA Solar is planning to invest USD 947.7 million for two new solar PV manufacturing plants in China with a combined annual production capacity of 15 GW. China-based leading manufacturer of high-performance photovoltaic (PV) products, JA Solar has announced that it is planning to invest CNY 6.6 billion (USD 947.7 million) for the establishment of […] Read more