Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
Hanwha Q CELLS’ Q.FLAT-G5 roof mounting system wins Solar+Power Award for best BOS innovation Updated On Tue, Oct 30th, 2018 by Saurenergy Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or “The Company”), one of the largest solar cell and module manufacturers in the world, has been voted as the winner of the Solar+Power Awards 2018 in the Solar PV BOS category for its Q.FLAT-G5 solar mounting system for flat rooftops. The Q.FLAT-G5 helps to deliver lower […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
HPL Electric & Power Q2 Net Surges 26.1% to Rs 7.8 Cr Updated On Tue, Oct 30th, 2018 by Saurenergy “The consolidated net profit after taxes (PAT) of the company stood at Rs 6.2 crore during the corresponding quarter a year ago,” said HPL Electric & Power. One of the country’s leading electric equipment maker, HPL Electric & Power reported an increase of 26.1 per cent in its consolidated net profit after taxes (PAT) at […] Read more
A Solar Cell That Does Double Duty for Renewable Energy Updated On Tue, Oct 30th, 2018 by Saurenergy Researchers develop an artificial photosynthesis system that generates hydrogen fuel and electricity at the same time In the quest for abundant, renewable alternatives to fossil fuels, scientists have sought to harvest the sun’s energy through “water splitting,” an artificial photosynthesis technique that uses sunlight to generate hydrogen fuel from water. But water-splitting devices have yet […] Read more
SolarReserve to Get US’ $2 Mn SETO Award to Advance CSP Research Updated On Mon, Oct 29th, 2018 by Saurenergy The company was selected as a part of the Energy Department’s FY2018 SETO funding program, an effort to invest in new projects that will lower solar electricity costs and support a growing solar workforce. Solar power projects developer SolarReserve was selected to receive a USD 2 million award from the US Department of Energy Solar Energy Technologies […] Read more
Sungrow Creates Awareness about Solar at IIT Patna Updated On Mon, Oct 29th, 2018 by Saurenergy The company said in a statement that, “It recently made a compelling success with an open course held in one of Indian well-known university, Indian Institute of Technology Patna (IITP), under the title solar innovation and contribution.” One of the leading inverter solution suppliers for renewable, Sungrow launched an awareness program about solar at the […] Read more
Delhi Power Minister Launches BSES’ Solar City Initiative Phase-2 Updated On Mon, Oct 29th, 2018 by Saurenergy The BSES said in a statement that, this phase, which will cover the Shakur Basti area, follows the success of the first phase started by the company in Dwarka where around 100 housing societies and apartment complexes have signed up for the initiative. The second phase of Delhi power distribution company BSES’ Solar City Initiative […] Read more
