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From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022

California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase []

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Universal Solar To Open 600 MW PV Module Factory In Panama

Large scale solar energy player Universal Solar has announced that it is in the process of opening a solar photovoltaic (PV) module manufacturing facility in Panama to supply U.S. and global solar developers and installers, and address challenges in the solar industry. The announcement was made by Chief Executive Officer (CEO) and Founder John Bereckis. []

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Over 500GW Generation By 2030 From Renewable Energy: RK Singh

The Union Power and New & Renewable Energy Minister RK Singh, on July 27 said the renewable energy capacity will reach over 500GW by 2030. In his message at the launch of a report of The Energy Resource Institute (TERI), Singh said, By 2030, the total capacity for power production would be about 820GW. Out []

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Filatex India Signs PPA To Purchase Renewable Energy

Filatex India Ltd, has signed a PPA with FP Crysta Energy Pvt Ltd and an SHA with FPEL Sunrise Pvt Ltd. The agreements have been signed under Gujarats Hybrid Wind-Solar Power Policy 2018 to mitigate the cost of energy from the grid that has constantly been on the rise and while also keeping in mind []

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Germany To Reduce Electric Car Subsidies Starting Next Year

In a major move, Germanys Economy Ministry has announced that the government will reduce the subsidies or financial incentives on the purchase of electric cars from next year. This is a result of an agreement reached between the coalition partners. It is being said that rising adoption of EVs has already made the government subsidies []

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Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association

According to a report from the American Clean Power Association (ACPA),  a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The associations report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report []

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UPERC Adopts Tariff Of 2.98 kWh For Purchase Of 125 MW Of Solar Power

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the green signal for a new tariff of Rs 2.98/kWh towards the procurement of 125 MW capacity of solar power from grid-connected projects. These projects will be installed as part of the Ministry of New and Renewable Energys Solar Parks and Ultra Mega Solar Power Projects []

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The Top 5: Most Attractive Countries for Renewable Energy Investment

The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions need of self-reliance in energy sector in a highly []

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Manager HSE

Major responsibilities includes : Establish an HSE program within the region under the global guidelines. Participate in internal and external customer discussions on HSE. Participate in developing a good safety culture. Work with the Services management to ensure that all our customer safety requirements are reached. Understand customer requirements and can offer solutions that produce []

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