Global Inverter Market Remains Top Heavy In 2022, Solis Moves To No 3 Updated On Tue, Aug 22nd, 2023 by Saurenergy It’s concentrated at the top, when it comes to the Global Inverter market. The top 10 players accounted for 86% of all shipments, continuing their iron grip over the market. These are the findings from Wood Mackenzie’s global inverter report for 2022. Solis Inverters (the company), which has emerged as a global powerhouse in the […] Read more
IREDA In MoU With Revenue Target of ₹4,350 Cr for 2023-24 Updated On Mon, Aug 21st, 2023 by Saurenergy The Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy, Government of India. The MoU, in alignment with guidelines issued by Department of Public Enterprises, […] Read more
JREDA Issues Tender To Empanel Vendors Under PM-KUSUM Updated On Mon, Aug 21st, 2023 by Saurenergy The Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for the empanelment of vendors for installations of solar pumps under the PM-KUSUM scheme. The tender was meant for vendors who would be liable to design, manufacture, supply, transport, install, test and commission off-grid solar pumps. The scope of work encompasses the supply of solar […] Read more
Haryana Opens PM-KUSUM State Portal For Beneficiaries Updated On Mon, Aug 21st, 2023 by Saurenergy The Haryana New and Renewable Energy Department has opened its PM-KUSUM State Portal to collect beneficiary shares and allow the solar water pump applicants to select vendors. The portal allowed these services from August 18 and will end it on August 22. Opening the PM-KUSUM State Portal is a step in implementing the Pradhan Mantri […] Read more
Growatt Unveils New C&I Inverter ‘MID 33-50KTL3-X2’ for India Updated On Mon, Aug 21st, 2023 by Saurenergy Growatt, a global distributed energy solution provider, has established a development platform to enable the development of and iterate products efficiently. The firm, guided by its R&D team, has introduced its latest inverter– the ‘MID 33-50KTL3-X2’ , which, it says, is poised to address critical challenges faced by the rapidly developing photovoltaic (PV) industry. India […] Read more
Chinese Tracker Major Arctech Bags GW Scale Deal In Uzbekistan Updated On Thu, Aug 17th, 2023 by Saurenergy Central Asia continues to deliver big foor Chinese equipment majors. Arctech, which claims to be the world’s leading solar tracking, racking, and BIPV provider, has signed a solar tracker supply contract with China Energy Engineering Corporation Limited (CEEC) in Uzbekistan, in Qashqadaryo Viloyati and Buxoro with a total capacity of 1GW. The CEEC team is […] Read more
Inverter Maker Solinteg Brings Its Low Carbon Offerings To India With iNVERGY Updated On Wed, Aug 16th, 2023 by Saurenergy Chinese new energy firm, Solinteg has officially announced its expansion into India with a robust partnership with iNVERGY. Solinteg offer products of PV inverters,battery, smart terminal, monitoring device and EMS service. The collaboration with iNVERGY, whose promoter group has extensive experience with solar products distribution in India, signifies the introduction of Solinteg’s industry-leading Integ M […] Read more
Renewables and EVs: Myths and Reality Updated On Wed, Aug 16th, 2023 by Saurenergy There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […] Read more
IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24 Updated On Wed, Aug 16th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […] Read more