String Inverter Market to grow at CAGR of 8.29% from 2016 to 2021: MarketsandMarkets Updated On Fri, Nov 25th, 2016 by Saurenergy According to a new report from MarketsandMarkets the global string inverter market is expects to grow from an estimated USD 2.61 Billion in 2016 to USD 3.89 Billion by 2021, registering a CAGR of 8.29% from 2016 to 2021. The research firm notes that the global market is witnessing growth due to decrease balance of […] Read more
Demonetization hits solar power bids in Tamil Nadu Updated On Fri, Nov 25th, 2016 by Saurenergy Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
Azure Power Announces Results for Second Fiscal Quarter 2017 Updated On Wed, Nov 23rd, 2016 by Saurenergy Azure Power Global Limited, one of the leaders in the Indian solar industry, announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the second quarter period ended September 30, 2016. Second Quarter 2017 Period Ended September 30, 2016 Operating Highlights: Operating & Committed Megawatts were at 1,021 MW, as of September […] Read more
Net-metering conflicts in the United States sets example for rooftop solar market in India Updated On Tue, Nov 22nd, 2016 by Saurenergy Rapid growth in the rooftop solar market of United States and the number of net-metering connections has given a rise to a battle-front between utilities on one hand and consumers & solar developers on the other hand. Utilities are arguing against the rationale of giving customers full retail credit for their excess energy and vigorously […] Read more
Canadian Solar Reports Third Quarter 2016 Results Updated On Tue, Nov 22nd, 2016 by Saurenergy Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […] Read more
14.30 GW Renewable Energy Capacity added during last two and half years: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines in Rajya Sabha on Monday said that 14.30 GW of renewable energy capacity has been added during last two and half years under Grid Connected Renewable Power. 14.30 GW of renewable energy capacity added during last two and half years […] Read more
The Investors Theorem: Your Rooftop PV Solar Project Updated On Mon, Nov 21st, 2016 by Saurenergy Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […] Read more
Tamil Nadu Electricity Regulatory Commission rejects plea of two Adani group firms Updated On Sat, Nov 19th, 2016 by Saurenergy Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected the pleas filed by two Adani group firms as a miscellaneous petition, and has asked the companies to file the pleas as a Dispute Resolution Petition. Kamuthi Solar Power Ltd, which had set up a 216 MW solar PV plant and Ramnad Renewable Energy Ltd, which had […] Read more
