SolarEdge Q2 Net Income Jumps 53% YOY Updated On Fri, Aug 3rd, 2018 by Saurenergy SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […] Read more
Trina Vends Solar Modules to the Largest Private PV Project in Vietnam Updated On Thu, Aug 2nd, 2018 by Saurenergy Costing upto US$ 220 million, the Trina project is expected to play a key role in the country’s transformation to renewable energy. Chinese solar panel manufacturer, Trina Solar (TSL) has revealed that it supplies 258MW Monocrystalline PERC double glass modules to the largest private solar photovoltaic (PV) project in Vietnam. The project scheduled to be completed […] Read more
POWERED Accelerator Selects 1st Cohort of Women Entrepreneurs for Enhancing Access to Energy in India Updated On Thu, Aug 2nd, 2018 by Saurenergy More than 130 women entrepreneurs applied to the Powered Accelerator program from varied backgrounds, all having created innovative solutions in the energy sector. Ten women entrepreneurs have been selected as the first cohort into the POWERED Accelerator program and will now receive financial and business support to develop their businesses and deliver solutions in access […] Read more
BEE and AEEE Release ‘Energy Efficiency Preparedness Index’ Updated On Thu, Aug 2nd, 2018 by Saurenergy The energy efficiency preparedness index aims at assessing state policies and programs aimed at improving energy efficiency across various sectors. As part of its commitment to create awareness about energy efficiency as a resource and also to develop an action plan for energy conservation initiatives, Bureau of Energy Efficiency (BEE) and Alliance for an Energy […] Read more
Mahindra Asserts Launch of Electric KUV100 in 2019 Updated On Thu, Aug 2nd, 2018 by Saurenergy Electric KUV100 would be first electric SUV to be sold commercially in India which was also showcased in the 2018 Auto Expo. Mahindra and Mahindra (M&M), India’s leading car manufacturing MNC has announced the launch of an all-electric Mahindra KUV100 in 2019. Electric KUV100 would be first electric SUV to be sold commercially in India […] Read more
SolarReserve Commends Sandia National Laboratory’s 40 Years of Research Updated On Thu, Aug 2nd, 2018 by Saurenergy SolarReserve has partnered with Sandia to test and validate advanced heliostat designs for its utility-scale solar thermal power stations. On the occasion of Los Angeles based National Solar Thermal Test Facility’s 40th anniversary, solar power project developer SolarReserve applauded partner facility’s achievements since the last 40 years. Sandia’s researchers and leaders, government representatives, and industry […] Read more
Government Plans New Subsidy Policy to Foster Electric Vehicles Updated On Thu, Aug 2nd, 2018 by Saurenergy The electric vehicles policy would be initiated at a smaller scale initially to let the automobile industry cope with the transition. Promoting the use of electric vehicles (EV), the government is planning to roll out a fresh policy that would regulate minimum subsidy on the segment. The policy would be initiated at a smaller scale […] Read more
Cost of generation of solar power Updated On Thu, Aug 2nd, 2018 by Saurenergy The cost of generating solar power depends, inter alia, upon intensity of radiation, size of the solar plant, cost of financing, etc. The tariff for solar power is now being determined largely through tendering process. For installation of rooftop solar PV projects, the Ministry of New and Renewable Energy (MNRE) has worked out benchmark cost […] Read more
Electricity to farmers through renewable energy sources Updated On Thu, Aug 2nd, 2018 by Saurenergy The Ministry of New & Renewable Energy (MNRE) is providing subsidy up to 30% of the benchmark cost of the solar water pumps to the farmers under Off-grid and Decentralized Solar PV Applications Programme. Till date over 1.85 lakh solar water pumps have been reported installed in the country under the Programme. The Ministry of […] Read more