SolarEdge Announces Third Quarter 2018 Financial Results Updated On Fri, Nov 2nd, 2018 by Saurenergy SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95 Non-GAAP net diluted EPS of $0.86 […] Read more
Viz-A-Viz with Anshul Gupta, Director, Okaya Power Pvt Ltd Updated On Thu, Nov 1st, 2018 by Saurenergy Q. What are the initiatives Okaya has taken in contributing towards India’s clean and green energy initiative? Okaya is working continuously to introduce new technologies in Solar energy storage segment and contribute towards the country’s clean and green energy initiatives. Use of solar energy has become more main stream after the launch of the government’s […] Read more
Enphase Energy and LONGi Solar Announce AC Module Partnership Updated On Thu, Nov 1st, 2018 by Saurenergy Enphase Energy, Inc. is a global energy technology company and the world’s leading supplier of solar microinverters, and LONGi Solar, a subsidiary of LONGi Green Energy Technology Co. Ltd. (Shanghai: 601012), the world’s leading manufacturer of monocrystalline wafers, cells and modules, today announced a strategic partnership to develop Enphase Energized™ LONGi AC Modules (ACMs) based on seventh-generation Enphase […] Read more
JinkoSolar to Supply 255MWp Solar Panels to One of the Year’s Largest Solar Farms in Australia Updated On Thu, Nov 1st, 2018 by Saurenergy JinkoSolar Holding Co., Ltd. is one of the world’s largest solar module manufacturers, announced today that it has entered into the Contract for the Supply of PV Modules with Decmil Australia Pty Ltd on September 27, 2018, for supply 255MWp of its high efficient solar panels for the Sunraysia Solar Farm (“Project”) developed by Maoneng […] Read more
Trina Solar supplies 17MW to the largest floating PV system in Europe Updated On Wed, Oct 31st, 2018 by Saurenergy Trina Solar Limited (“Trina Solar” or the “company”), a leading total solutions provider for solar energy, announced today that it has supplied 17 megawatts of PV modules to the largest floating PV plant in Europe. The “O’MEGA 1” PV project has been developed by Akuo Energy, France’s leading independent producer of renewable energy, under the specific […] Read more
ACME Solar Appoints Barclays, JPMorgan for private InvIT Updated On Wed, Oct 31st, 2018 by Saurenergy So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […] Read more
Solar Panels for Bottling Giant Updated On Wed, Oct 31st, 2018 by Saurenergy Soft drink bottling giant Coca-Cola Amatil is preparing for a 10,000 solar panel rollout across its operations. Energy company Verdia is responsible for the power upgrade, which will consist of a 3.5-megawatt solar PV system. The solar power system will be installed across three sites, in three different states over the span of eight to […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
