Solar Rental Marketplace OTOVO Raises €40mn Funding Updated On Wed, Nov 15th, 2023 by Saurenergy Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […] Read more
SMA Solar Profits From The Sun, Order Book At €2 billion On September 30 Updated On Wed, Nov 15th, 2023 by Saurenergy German Solar Inverter Major SMA Solar is riding the solar wave well, with sales at record highs. For the quarter ended September 2023, the firm reported a strong financials for all business segments in 9M/2023 with close to 85% YoY increase in consolidated sales. PV Inverter sales during the year crossed 12.89 GW of PV inverter […] Read more
India’s Solar Capacity Touches 72 GW, Rajasthan Takes The Lead Updated On Tue, Nov 14th, 2023 by Saurenergy Read more
Berkeley, DOE Produce Database To Map Solar PV Facilities Updated On Tue, Nov 14th, 2023 by Saurenergy Berkeley Lab and USGS (U.S. Geological Survey) in collaboration with the U.S. Department of Energy’s (DOE) produced a publicly available database. The detailed Large-Scale Solar Photovoltaic Database (USPVDB) aims to map ground-mounted photovoltaic (PV) facilities with capacity of 1 megawatt. This come alongside US’s DOE (Department of Energy) data, that released an online dataset of […] Read more
HPERC Approves Generic Levelized Tariff Of Solar Power At Rs 3.65/unit Updated On Tue, Nov 14th, 2023 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) in its order has fixed the generic levelized tariff of solar energy projects at Rs 3.65 per unit for projects upto 100 MW. It also decided to fix the the tariff for projects between 100 MW to 500 MW at Rs 3.62 per unit. The rates were finalized […] Read more
India’s Solar Capacity Touches 72 GW, Rajasthan Takes The Lead Updated On Tue, Nov 14th, 2023 by Saurenergy India’s total installed capacity of solar power has touched 72 GW. The updated energy data from the Ministry of New and Renewable Energy (MNRE) was shared on its website. The MNRE data states that the largest capacity came from ground-mounted solar. The latest data said that the Ground-mounted solar capacity stood at the highest of 55 GW. The biggest beneficiary state […] Read more
Sri Lanka Releases Tender for 70 MW Solar Projects Updated On Tue, Nov 14th, 2023 by Saurenergy Sri Lanka-government owned Ceylon Electricity Board (CEB) has issued a tender for the development of ground-mount solar projects for a cumulative capacity of 70 MW. The projects under the Sri Lanka tender will range from a capacity of 1 MW to 5 MW. The last date for the submission of Sri Lanka tender for 70 […] Read more
Solar Inverter Firm Growatt Pins Hopes On its MAX Series To Boost Growth Updated On Tue, Nov 14th, 2023 by Saurenergy Over the past decade, solar inverter firm Growatt has maintained its strong presence and growth in the Indian solar market. The employment of advanced technology along with localized strategy has made it possible for the Growatt inverters to mark presence in India. India’s installed solar capacity has grown significantly from 1.2 GW in 2012 to […] Read more
Solar Energy In US Can Surpass Hydropower By 2024: EIA Estimates Updated On Tue, Nov 14th, 2023 by Saurenergy A latest Energy International Agency (EIA) report on solar growth in the United States (US) suggested that the country witnessed an increase in installed capacity by an average rate of by 44% annually from 2009 to 2022. It forecasted that the US would generate 14% more electricity from solar energy than from hydroelectric facilities in […] Read more
