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
In a Tumultuous Year, Utility-Scale Solar Installations Decline 39% in FY21 Updated On Thu, May 20th, 2021 by Saurenergy According to a new report by JMK Research, about 3.5 GW of new utility-scale solar capacity was added in India in the fiscal year 2021 (April 2020-March 2021). Compared to the previous year (FY20), installations were about 39% lesser. While the wind capacity of the country increased by 1.5 GW in FY2021, it was found […] 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
Solar Tracker Maker PVH set to Open First Solar Facility in the Middle East Updated On Wed, May 19th, 2021 by Saurenergy California-headquartered PV Hardware (PVH), a Spanish solar tracker and mounting systems manufacturer, announced yesterday its plans to open a manufacturing facility in Saudi Arabia. The company’s first factory and branch in the Middle East will manufacture PV structures, solar tracking systems and robotic cleaning devices ‘Made-in-K.S.A.’, in response to the rules for domestic content recently outlined […] Read more
UP Women Make Solar Lamps for Kids Facing Power Cuts in Rural Parts Updated On Wed, May 19th, 2021 by Saurenergy In our country, rural areas suffer the most because of power cuts. Activities which require a regular flow of electricity, such as studying or cooking indoors, especially at night, are plagued by disruptions. A little relief from such problems has arrived as the Uttar Pradesh Government has launched a project to manufacture and distribute solar […] Read more
Chhattisgarh Renewable Agency Tenders For 20K Solar Pumps Updated On Fri, May 14th, 2021 by Saurenergy Chhattisgarh Renewable Energy Development Agency (CREDA), has invited bids for supply of 20,000 solar pumps of 3 HP and 5 HP capacity, in the state during the period 2021-2023. CREDA is the nodal agency for solar power development in Chhattisgarh. The tender covers standardisation of Rates for Survey, design, supply, installation and commissioning of Solar […] Read more
KPI Receives 12.5 MW CCP Solar Project From Anupam Rasayan Updated On Tue, May 11th, 2021 by Saurenergy Indian solar power generating company, KPI Global Infrastructure Limited has announced that it has received a 12.5 megawatt (MW) solar power project from Anupam Rasayan India Limited under the Captive Power Project (CPP) category. Aiming towards commissioning 1000 MW of solar capacity by 2025, adding a bit to its target, KPI a KP Group division […] Read more
US Solar Industry in 2020 saw Jobs Decline by 6.7% From 2019: Report Updated On Fri, May 7th, 2021 by Saurenergy The US solar industry employed 231,474 workers in 2020, a 6.7% drop in jobs from 2019 due to pandemic restrictions and increased labor productivity The U.S. solar industry employed 231,474 workers in 2020, a 6.7 percent drop from 2019 due to pandemic restrictions and increased labor productivity, according to the National Solar Jobs Census 2020 released by […] Read more
Chemicals Firm Anupam Rasayan India to set up 12.5 MW Solar Plant Updated On Wed, May 5th, 2021 by Saurenergy Anupam Rasayan India has announced that it will invest Rs 43 crore to set up a 12.5 MW solar power plant Specialty chemical company Anupam Rasayan India has announced that it will invest Rs 43 crore to set up a 12.5 megawatt (MW) solar power plant in an attempt to lower its carbon footprint and save on […] Read more