IREDA reports 5.56% decline in net profit Updated On Mon, May 23rd, 2016 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has reported a 5.56 per cent decline in net profit at Rs 151.49 crore during the six months period that ended on March 31. IREDA in a BSE filing said that the company had a net profit of Rs 160.42 crore in the same period a year ago. The […] Read more
How micro-converters and power optimizers help solar panels make hay when the sun doesn’t shine Updated On Fri, May 20th, 2016 by Saurenergy Everybody wants to get maximum benefit out of their purchase. And the want applies only too well for solar panels. Producing electricity using unconventional sources like sun, wind, geothermal or biogas hasn’t been an easy task. Apart from innovating on surface materials that converts these kinds of sources into electric current, there’s a host of […] Read more
sPower signs a deal with PG&E for three 20 MW solar projects Updated On Fri, May 20th, 2016 by Saurenergy sPower has signed a power purchase agreements (PPAs) with Pacific Gas and Electric (PG&E) for its forthcoming Californian solar projects. The independent power producer, sPower will construct and commission three PV facilities (20 MW each) dubbed Bayshore A, B, and C over the course of 2017 in Lancaster, California. These three solar power plants will […] Read more
Delta introduces M80U Photovoltaic (PV) inverter Updated On Wed, May 18th, 2016 by Saurenergy Delta has introduced M80U Photovoltaic (PV) inverter. The company is touting it as the world’s first wall mount 80kW string inverter. The M80U is a grid-tied, 3-phase and transformerless inverter that converts direct current (DC) output from a photovoltaic system into a utility frequency alternating current (AC) with efficiency of 98.8 percent, allowing it to […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
SolAero Technologies acquires Vanguard Space Technologies Updated On Thu, May 12th, 2016 by Saurenergy Satellite solar power and structural solutions provider SolAero Technologies has acquired San Diego, California based aerospace structural products and assemblies provider, Vanguard Space Technologies. Vanguard has a proven history of delivering satellite structural components and assemblies for commercial, defense, and civil satellites to customers around the world. Vanguard has been acquired as a wholly-owned subsidiary […] Read more
SolarCity introduces new set of services for utility and grid operators Updated On Fri, May 6th, 2016 by Saurenergy SolarCity on Thursday introduced a new set of services for utility and grid operators. The new services include installation, financing, and consultation for utility-scale solar and energy storage resource development, beside advanced controls for demand response, distributed energy resources, and aggregated grid services. This move signifies a broadening of SolarCity offerings and strategic orientation. SolarCity launched […] Read more
SunEdison files voluntary petitions for reorganization under chapter 11 of the U.S Bankruptcy Code Updated On Fri, Apr 22nd, 2016 by Saurenergy SunEdison has announced that it has commenced a process to restructure its balance sheet and position the Company for the future. To facilitate this restructuring, SunEdison and certain of its domestic and international subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of New […] Read more
Fortum bags 100 MW solar power park project in a reverse auction in Karnataka Updated On Wed, Apr 13th, 2016 by Saurenergy Finnish utility firm Fortum has announced that it won bid for 100 MW solar power park in the reverse auction. The reverse auction was conducted by NTPC on 12th April 2016 for the selection of 500 megawatt (MW) grid connected solar PV projects under Batch II Tranche I of JNNSM phase II. The solar power […] Read more
