Swelect Energy Systems Net Surges 38.8% in Dec Quarter Updated On Fri, Feb 16th, 2018 by Saurenergy Swelect Energy’s net profit jumps 83.2 per cent to Rs 6.65 crore in December quarter of FY18, as compared to its net profit of Rs 3.63 crore in September quarter of FY18. Solar power products manufacturer, Swelect Energy Systems Ltd has reported a significant growth of 38.8 per cent in its standalone net profit after […] Read more
Hartek Power Crosses 1k MW Milestone in Solar Installation Updated On Thu, Feb 15th, 2018 by Saurenergy With other 285 mw projects under execution, the company is expecting to reach the 1,500 mw-mark by March 2018. Punjab-based Hartek Group said that its power system arm, Hartek Power, has crossed the milestone of 1,000-mw capacity in solar installations on pan India basis. The company in a statement said, “From 598 mw capacity as […] Read more
EnSync Energy Partners with Lower Electric to Enter the Illinois Solar Market Updated On Tue, Feb 13th, 2018 by Saurenergy EnSync Energy will cover customer origination, project development, design, construction and operation of photovoltaic-based installations for two key customer groups in Illinois: community solar subscribers and C&I operators. EnSync Energy Systems, a leading developer of innovative distributed energy resources has announced a partnership with licensed agent, broker and consultant (ABC) Lower Electric to offer solar […] Read more
Hyundai Electric Earns $18.5 Mn Solar Power Deal in South Korea Updated On Tue, Feb 13th, 2018 by Saurenergy As per the agreement, Hyundai Electric would be in charge of engineering, procurement and construction and Korea East-West Power of purchasing renewable energy certificates to meet government regulations. Hyundai Electric & Energy Systems Co. has earned $18.5 million solar power order with its design to brighten up the streets of Yeoju, a city southeast of […] Read more
Clean Focus Completes 11.92 MW Six Community Solar Projects in US Updated On Thu, Feb 8th, 2018 by Saurenergy Greenskies Renewable Energy will maintain the solar arrays, and Clean Focus Yield Limited will operate the system as part of its large portfolio of commercial, industrial, small utility, and community solar projects. Clean Focus Renewables, Inc. has completed six community solar gardens in the United States. The projects will distribute clean, renewable energy to a […] Read more
Cleanmax Solar Installs Rooftop Solar Plant for Knorr-Bremse Systems Updated On Wed, Feb 7th, 2018 by Saurenergy The solar plant will be installed at Knorr-Bremse’s manufacturing facility in Hinjewadi, Pune, and one of the biggest at any of its facilities globally. CleanMax Solar, a rooftop solar developer has installed a rooftop solar plant for Knorr-Bremse systems for Commercial Vehicles India Pvt Ltd, a manufacturer of braking systems for rail and commercial vehicles. […] Read more
African Development Bank Plans to Bring Solar Power to Millions Updated On Sat, Feb 3rd, 2018 by Saurenergy African Development Bank is investing heavily in ways to help the estimated 640 million Africans who lack access to energy as well as protecting them against climate risks. In a significant development, the African Development Bank is unveiling its plan to help connect 29.3 million people in the continent with electricity by 2020. The bank […] Read more
Hanergy Breaks Another Solar Efficiency World Record for CIGS Modules Updated On Fri, Feb 2nd, 2018 by Saurenergy Hanergy Solibro CIGS technology can be applied across a variety of areas, with distributed power generation currently the main market. Hanergy Thin Film Power Group Limited, Chinese multinational renewable energy company has announced that TÜV Rheinland, a German testing laboratory, has rated Hanergy’s Germany-based subsidiary Solibro’s double glass copper indium gallium selenium (CIGS) solar […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
