Canadian Solar Financial Results Q1 FY21 Out; 32% YoY Rise in Revenue Updated On Fri, May 21st, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. yesterday announced its financial results for the quarter ended March 31, 2021, reporting a 32% YoY increase in revenue and a net income of $23 million. In Q1 2021, the company’s solar module shipments were 3.1 GW, compared to guidance of 3.0 GW to 3.2 GW. Net revenue […] Read more
Magenta Closes Series A Round With new Commitments Worth $15 Mn Updated On Fri, May 21st, 2021 by Saurenergy EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […] Read more
California State Fund Begins Construction of Solar Energy Program Designed by ENGIE Updated On Thu, May 20th, 2021 by Saurenergy State Compensation Insurance Fund (State Fund), California’s leading provider of workers’ compensation insurance, today announced that construction has begun on an extensive sustainability and solar energy program that includes solar, electric vehicle charging stations and energy storage at seven locations throughout California. Designed and constructed by ENGIE North America, through its affiliate ENGIE Services U.S. […] Read more
Okaya Power Commissions 100 kW Hybrid Solar Plant in Himachal Updated On Thu, May 20th, 2021 by Saurenergy Okaya Power has commissioned a 100 KWp hybrid solar plant at its manufacturing unit at Baddi in Himachal Pradesh. Okaya Power has announced that it has commissioned a 100 KWp hybrid solar plant at its manufacturing unit at Baddi in Himachal Pradesh. The plant is expected to generate around 144 MWh of clean energy annually according to the company, and further help […] Read more
Govt Order to Support Next Gen Clean Energy Tech is Welcome: ARENA Updated On Wed, May 19th, 2021 by Saurenergy The Australian Government has today implemented changes to the Australian Renewable Energy Agency’s (ARENA) legislation that will enable the agency to support the next generation of energy technologies. ARENA will continue to support Australian innovation and R&D in renewable energy, as well as low, zero and negative emissions technologies. The broadened remit will allow ARENA […] Read more
Solis Seminar Episode 21: Installing AC Circuit Breakers Correctly Updated On Wed, May 19th, 2021 by Saurenergy Background Recently, a customer reported that the circuit breaker in the fuse box of the newly installed solar PV system was experiencing an abnormal arc when it was disconnected. The customer suspected that it was caused by the inverter, however, a Solis technical engineer discovered that the circuit breakers were reversed fed. After replacing the […] Read more
Schneider Electric Solar and Discover Battery Get UL 9540 Certification Updated On Wed, May 19th, 2021 by Saurenergy Canada headquartered solar solutions provider, Schneider Electric Solar has announced getting UL 9540 Certification along with the batteries producer Discover Battery. Both the firms have got the certification for the safety standards of UL 9540 for energy storage systems (ESS) for Schneider Electric’s XW Pro hybrid inverter and Discover Battery’s Advanced Energy System (AES) LiFePO4 […] Read more
Ciel & Terre Installs India’s Largest Floating Solar Plant in Tamil Nadu Updated On Wed, May 19th, 2021 by Saurenergy Ciel & Terre has successfully completed the engineering, float supply, supervision of a 14.7 MW floating solar plant for SPIC in Tamil Nadu Ciel & Terre India, a subsidiary of Ciel & Terre International, a global leader in floating solar, has successfully completed the plant engineering, float supply, supervision of the 14.7 MWp floating solar […] Read more
Coal India Invites EPC & O&M Contractors For Its Floating Solar Plans Updated On Wed, May 19th, 2021 by Saurenergy Public sector undertaking and the world’s largest coal miner, Coal India Limited, continues to prepare grounds for its ambitious renewable energy plans. In a tender notice on May 17, the PSU has invited expressions of interest from relevant firms to get empaneled with it for its floating solar plans. The Maharatna firm has set a […] Read more
