Utah’s Vivint Solar to Bring Low-Cost Solar Panels to Illinois Updated On Fri, Aug 3rd, 2018 by Saurenergy Marking the company’s first expansion into the Midwest region, Vivint Solar plans to create over 100 jobs in the state within the year. Utah based residential solar solutions provider, Vivint Solar plans to expand availability of its affordable residential solar energy systems into Illinois, with services beginning in the greater Chicago area. Marking the company’s […] Read more
Global Solar Battery Charger Market to grow strong in 2017-27: Research and Markets Report Updated On Fri, Aug 3rd, 2018 by Saurenergy The increase in the segment is accredited to the high demand for solar photovoltaic consumer products and increasing use of electronic devices according to Research and Markets. World’s leading market research institution, Research and Markets report asserts a strong growth in the global solar battery charger market for the decade 2017-27. The increase in the […] Read more
MNRE Benchmarks Costs for Rooftop Solar PV Tenders Updated On Fri, Aug 3rd, 2018 by Saurenergy The new costs have been drawn on the basis of inputs from the industry associations and players. Keeping in view the present situation of the auctions for solar PV projects, Ministry of New and Renewable Energy (MNRE) has worked out benchmark costs for the rooftop solar PV tenders ranging up to 500 kWp. The new […] Read more
Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE Updated On Fri, Aug 3rd, 2018 by Saurenergy Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […] Read more
Textiles and Power Ministries Join Hands under SAATHI Initiative; Push Use of Energy Efficient Looms Updated On Fri, Aug 3rd, 2018 by Saurenergy The SAATHI initiative is precisely aiming at the accelerating adoption of energy efficient power looms and thereby saving considerable costs. Replying to a question in Lok Sabha, Minister of State for Textiles, Ajay Tamta mentioned that Ministry of Textiles and Ministry of Power have joined hands under the efficient energy initiative ‘Sustainable and Accelerated Adoption […] Read more
India’s Report to UNFCCC Claims 175 GW of Green Energy by 2022 Updated On Fri, Aug 3rd, 2018 by Saurenergy India has claimed of achieving new target of about 40 percent cumulative electric power installed capacity from non-fossil fuel based green energy resources by 2030. In the report of Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, India has claimed of achieving new target […] Read more
SECI Cancels Solar Bids for 2,400 MW Projects Updated On Fri, Aug 3rd, 2018 by Saurenergy ACME is the only developer that was allotted the 600 MW SECI solar project which had quoted lowest tariff of Rs. 2.44 per unit. Solar Energy Corporation of India (SECI) has cancelled the allotment of 2400 MW of auctioned solar projects after the auction of 3000 MW of solar projects held on July 13. While […] Read more
SolarEdge Q2 Net Income Jumps 53% YOY Updated On Fri, Aug 3rd, 2018 by Saurenergy SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […] Read more
Trina Vends Solar Modules to the Largest Private PV Project in Vietnam Updated On Thu, Aug 2nd, 2018 by Saurenergy Costing upto US$ 220 million, the Trina project is expected to play a key role in the country’s transformation to renewable energy. Chinese solar panel manufacturer, Trina Solar (TSL) has revealed that it supplies 258MW Monocrystalline PERC double glass modules to the largest private solar photovoltaic (PV) project in Vietnam. The project scheduled to be completed […] Read more