Trina Solar In Tie-Up for Supplying 1.5 GW Modules for Oceania Updated On Thu, Nov 16th, 2023 by Saurenergy Trina Solar, the world’s leading PV and smart energy total solutions provider, has signed a memorandum of understanding (MoU) with leading wholesale distributor, Marubeni Australia, to supply 1.5GW of Vertex N solar modules to the Oceania region over a five-year period. Vertex is Trina Solar’s flagship product range that uses larger-size, 210mm-long, solar cells commonly […] Read more
Indore-Based EKI Power Gets Nod For ISTS Power Trading Licence Updated On Wed, Nov 15th, 2023 by Saurenergy Indore-based EKI Power Trading Limited today received approval for a licence from the Central Electricity Regulatory Commission (CERC) for commencing transmission of power under the Inter-State Transmission System (ISTS). The decision from the central commission came when the firm moved the CERC seeking its approval for a licence of electricity transmission. The company was incorporated […] Read more
Suzlon Sees Increased Demand Behind Its Surged EPC Business Updated On Wed, Nov 15th, 2023 by Saurenergy Indian wind turbine manufacturer Suzlon claimed that the increased demand in the wind energy market and the wide range of services rendered by the company led to its increase EPC market. The information was shared by the top officials at the recent investors call. “..more is coming in because of the demand from the market. […] Read more
Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024 Updated On Wed, Nov 15th, 2023 by Saurenergy Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call. In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […] Read more
SOFAR Strengthens Utility Scale Offering With 350kW Utility PV Inverter for India Updated On Wed, Nov 15th, 2023 by Saurenergy SOFAR, the global leading provider of all-scenario PV & ESS solutions, has launched the PowerMega (350KTLX0) for the Indian market at REI 2023. The company says that the newest product offering is tailored for utility-scale projects both in India and globally. With a maximum efficiency of 99.05% at 50 degrees and integration of ultra-high current, […] Read more
Solar Rental Marketplace OTOVO Raises €40mn Funding Updated On Wed, Nov 15th, 2023 by Saurenergy Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […] Read more
SMA Solar Profits From The Sun, Order Book At €2 billion On September 30 Updated On Wed, Nov 15th, 2023 by Saurenergy German Solar Inverter Major SMA Solar is riding the solar wave well, with sales at record highs. For the quarter ended September 2023, the firm reported a strong financials for all business segments in 9M/2023 with close to 85% YoY increase in consolidated sales. PV Inverter sales during the year crossed 12.89 GW of PV inverter […] Read more
Battery Management Firm Element Energy Raises $111 Million Updated On Wed, Nov 15th, 2023 by Saurenergy US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […] Read more
Berkeley, DOE Produce Database To Map Solar PV Facilities Updated On Tue, Nov 14th, 2023 by Saurenergy Berkeley Lab and USGS (U.S. Geological Survey) in collaboration with the U.S. Department of Energy’s (DOE) produced a publicly available database. The detailed Large-Scale Solar Photovoltaic Database (USPVDB) aims to map ground-mounted photovoltaic (PV) facilities with capacity of 1 megawatt. This come alongside US’s DOE (Department of Energy) data, that released an online dataset of […] Read more
