Fluence Energy Reports Record $1.1 Billion Quarterly Order Intake Updated On Thu, Feb 15th, 2024 by Saurenergy Energy provider and storage products company Fluence Energy, which also deals with services as well as digital applications for renewables and storage, announced its results for the three months ending December 31, 2023. The firm recorded a quarterly revenue of approximately $364.0 million, which represents an increase of 17% from the same quarter last year. […] Read more
Nextracker, Sterling and Wilson In 2 GW Pact For Trackers In India Updated On Mon, Feb 12th, 2024 by Saurenergy US based global tracker leader Nextracker has announced it has won a repeat order from Sterling and Wilson Renewable Energy for Phase 2 and Phase 3 solar projects of NTPC at Khavda, Gujarat. The projects, for an aggregate size of 1.5GWdc (Phase 2) and 375MWdc (Phase 3) will be using Nextracker’s NX Horizon Solar Trackers. […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
ALMM Is Back, With Key Exemptions Updated On Sat, Feb 10th, 2024 by Saurenergy The Indian government has tried to strike a balance between key stakeholders with the restoration of the Approved List of Module Manufacturer (ALMM) conditions, albeit with some vital exemptions. In an order dated Feb 9, the Ministry for New and Renewable Energy (MNRE) confirmed that ALMM will be reimposed from April 1, 2024, after being […] Read more
Solis Strengthens Bankability Rank For Buyers Updated On Mon, Feb 5th, 2024 by Saurenergy In a key development Ginlong (Solis) has announced its notable position in the 2023 BloombergNEF (BNEF) Inverter Bankability Survey. The survey, engaging diverse industry stakeholders such as banks, solar engineering contractors, and technical advisers, sheds light on the solar inverter bankability landscape. Bankability rankings serve to reassure financial institutions backing solar projects on the quality […] Read more
Site Operations Maintenance Updated On Mon, Jan 29th, 2024 by Saurenergy Test or evaluate photovoltaic (PV) cells or modules. Review specifications and recommend engineering or manufacturing changes to achieve solar design objectives. Perform thermal, stress, or cost reduction analyses for solar systems. Develop standard operation procedures and quality or safety standards for solar park. Provide technical direction or support to installation teams during installation, start-up, testing, […] Read more
Reliance Backed Wafer Manufacturing StartUp NexWafe Plans 6GW US Manufacturing Plant Updated On Mon, Jan 29th, 2024 by Saurenergy German solar startup NexWafe GmbH, which counts India’s Reliance among its key investors, is considering a major expansion in the US with 6 GW of solar wafer manufacturing capacity there. Towards this end, NexWafe GmbH has established a U.S. subsidiary to evaluate the development of multi-gigawatt-scale solar wafer production in the U.S. with an initial […] Read more
Tracker Firm PVH Claims New Process Will Reduce Installation Time by 40% Updated On Mon, Jan 29th, 2024 by Saurenergy Valencia, Spain based PVHardware (PVH or Polígono Industrial Castilla Vial), a global solar tracker manufacturing firm, has unveiled what it terms a groundbreaking in-house pre-assembly process across all production centers, marking a seismic shift in solar installation efficiency. PVH claims that this strategic innovation dramatically slashes the number of components shipped to installation sites by […] Read more
Trina Storage Secures Position in BNEF Tier 1 List for Q1 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Trina Storage, an energy storage solution provider, has been included in the esteemed Bloomberg New Energy Finance (BNEF) Energy Storage Tier 1 List for the first quarter of 2024. BNEF stands as a reputable industry research organisation in the field of new energy, recognised for its credibility and expertise. The BNEF list aims to clearly […] Read more