SolarEdge Q3 Revenue Surges 74% to $410.6 Mn Updated On Fri, Nov 8th, 2019 by Saurenergy SolarEdge revenues for the solar business jumped by 66 percent to USD 387.8 million, from USD 233.8 million in the same quarter previous year. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 74 percent in its total revenue at USD 410.6 million during the third quarter of FY 2019, as against USD […] Read more
Excelsior Acquires 109 MW Wind Energy Portfolio From Invenergy Updated On Fri, Nov 8th, 2019 by Saurenergy Excelsior has acquired 90.1 percent of Invenergy’s sponsor equity interests in the combined 109 MW Prairie Breeze II and III wind energy projects in Nebraska. Excelsior Energy Capital, a leading independent North American renewable energy investor, has announced that its North American Renewable Energy Fund has executed definitive agreements for the acquisition of 90.1 percent […] Read more
Part 2 on The Discom Perspective of Solar. Solutions Updated On Fri, Nov 8th, 2019 by Saurenergy Continuing from Part 1 of the analysis yesterday, we move to part 2 today, on the solutions discoms have proposed. In part 1 of our analysis of the report ” Solar Rooftop-The Discom Perspective”, we shared with you the key issues flagged by multiple discoms across India , when it comes to their relationship with […] Read more
TERI & Shakti Foundation Report on Rooftop Solar: Perspective of Discoms Updated On Thu, Nov 7th, 2019 by Saurenergy The government of India has set an ambitious target of 175 GW of installed capacity of renewable energy (RE) by 2022, including 100 GW of grid-connected solar power, comprising 60 GW utility-scale solar, and 40 GW solar rooftop. Though India has made significant progress in the implementation of utility-scale solar projects, achieving 40 GW of […] Read more
RWE Secures 30-Year PPA for its 195.5 Solar Plus Storage Facility Updated On Thu, Nov 7th, 2019 by Saurenergy RWE Renewables has announced that it has entered into a 30-year PPA with Georgia Power for the sale of power from the 195.5 MW Broken Spoke Solar project. Photovoltaics within the US division of RWE Renewables is picking up speed and the firm has now announced that it has entered into a 30-year power purchase […] Read more
US DOE Grants $128 Mn to Advance Solar Technologies Updated On Thu, Nov 7th, 2019 by Saurenergy The US Department of Energy (DOE) has announced the selections for USD 128 million in new projects to advance solar technologies. The U.S. Department of Energy (DOE) announced selections for USD 128 million in new projects to advance solar technologies. Through the Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office, DOE will […] Read more
The Problem with Rooftop Solar. Discom View Updated On Thu, Nov 7th, 2019 by Saurenergy In the first of a two-part series based on the report, Solar Rooftop, The Discom Perspective, we bring to you the issues, and possible solutions (in part 2) proposed by discoms. The report has been released by TERI and the Shakti Sustainable Energy Foundation. Even as India’s renewable renaissance has stumbled in the past 18 […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
Genie Energy Solar Arm Bags Module Supply Order from JPMorgan Chase Updated On Tue, Nov 5th, 2019 by Saurenergy Prism Solar Technologies (Prism Solar), a solar manufacturing arm of Genie Energy, has secured an order from JPMorgan Chase to supply solar modules for the installation at its facilities. The company said in a statement that, “Genie Energy Ltd announced that its solar manufacturing subsidiary, Prism Solar Technologies, has received additional purchase orders from JPMorgan […] Read more