SolarEdge Announces 2022 Financial Results; Revenues Up By 58% Updated On Wed, Feb 15th, 2023 by Saurenergy Smart energy technology provider SolarEdge Technologies has announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022 revealing high growth in revenues. Fourth Quarter Financial Results In the last quarter, SolarEdge reported revenue of over $890 million which is up 6% from $836 million in the prior quarter and […] Read more
Italy to Welcome Enel Green’s Solar Panel Gigafactory Updated On Wed, Feb 15th, 2023 by Saurenergy Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy. Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […] Read more
FTC Solar & Taihua New Energy Form JV to Produce Steel Components for Solar Projects Updated On Tue, Feb 14th, 2023 by Saurenergy FTC Solar, a US-based solar tracker manufacturer, has formed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects. The joint venture named Alpha Steel, will focus on manufacturing steel components, including torque tubes, for utility-scale solar projects in Sealy, Texas. Alpha Steel is expected to begin […] Read more
Vast Solar Gets $65 Million Funding from ARENA for Australia’s Concentrated Solar Plant Updated On Tue, Feb 14th, 2023 by Saurenergy The Australian Renewable Energy Agency’s (ARENA) has announced a funding of $65 million to renewable energy developer Vast Solar to help the firm deliver its VS1, the 30 MW/ 288 MWh concentrated solar plant in Port Augusta, South Australia. The funding is expected to create hundreds of jobs and be the catalyst for an Australian […] Read more
China’s Solar Winners From 2022 Updated On Fri, Feb 10th, 2023 by Saurenergy As the largest solar energy producer in the world, China offers conducive conditions for the solar market. Last year, as installations surged worldwide, including almost 90 GW in China itself, Chinese suppliers of raw materials for solar panels emerged as the winners in the photovoltaic energy boom amidst rising prices. Reports say that some 31 […] Read more
America’s Ampliform To Employ Nevados Solar Tracker In Its Portfolio Updated On Fri, Feb 10th, 2023 by Saurenergy In a key development to step up RE expansion in the US, solar tracker company Nevados Engineering, Inc. has signed a strategic partnership and long-term agreement to supply its integrated technology platform of all-terrain solar trackers and energy optimization software to solar power projects developer Ampliform. Nevados said that Ampliform has standardized on the its […] Read more
Trina Solar to supply 1-GW solar modules to Low Carbon Updated On Fri, Feb 10th, 2023 by Saurenergy Solar PV and smart energy solution provider Trina Solar has signed a multi-year framework agreement with renewable energy company Low Carbon Ltd for the supply of at least 1GW of Trina Solar PV modules for multiple Low Carbon projects throughout Europe. The framework agreement spans three years. The module maker said that Vertex N 605W […] Read more
Australian Solar Developer’s Modular Solar Tech to Power Lithium Mine Project Updated On Wed, Feb 8th, 2023 by Saurenergy Australia based solar energy technology developer 5B has said that it will be partnering Zenith Energy to develop the Kathleen Valley Lithium project in Western Australia. The solar project will supply green energy to the biggest battery metals mines. The project will be powered by 5B Maverick technology- a ground mount solar solution designed to […] Read more
GUVNL Issues Tender For 500 MW Solar Power Projects Updated On Tue, Feb 7th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd. (GUVNL) has issued tender inviting bids for purchase of power through competitive bidding process [followed by reverse e-auction] from 500 MW grid connected solar photovoltaic power projects (Phase XIX) to be set up anywhere in India with greenshoe option of additional upto 500 MW. GUVNL tender puts the last date […] Read more