Solis Launches new 110kW Inverter Solution for Rooftop Solar Systems Updated On Wed, Apr 29th, 2020 by Saurenergy Ginlong Technologies (Solis) has released the latest addition to its 5 Generation (5G) portfolio, the new “Solis 110kW” inverter. Ginlong Technologies (Solis), a global leader in PV string inverter manufacturing, has released the latest addition to its 5 Generation (5G) portfolio, the new “Solis 110kW” inverter. The new inverter, as the firm claims, brings a more reliable, […] Read more
IRENA’s Coalition for Action Calls for Green Recovery Based on Renewables Updated On Wed, Apr 29th, 2020 by Saurenergy As COVID-19 rapidly devastates communities and livelihoods, effective response measures are urgently needed to address the immediate as well as the longer-term impacts of the crisis. Over 100 leading players in renewable energy, gathered under the IRENA Coalition for Action, have come together in a joint call for action, putting forward concrete recommendations on how governments can ensure […] Read more
UPCL Floats Tender for Supply of 900 Solar Meters Updated On Tue, Apr 28th, 2020 by Saurenergy Dehradun-based Discom, Uttarakhand Power Corporation Ltd (UPCL) has floated a tender for the supply of a total number of 900 single-phase (10-60A) whole current solar meters with box. The last date and time for submission of bid is May 27, 2020, at 5 p.m. Also, the estimated cost of tender is Rs 19.80 lakh, and […] Read more
ADPower Gets Record Low Solar PV Price for 2 GW Project in UAE Updated On Tue, Apr 28th, 2020 by Saurenergy Abu Dhabi Power Corporation (ADPower), a water and electricity company, has received the world’s lowest solar photovoltaic (PV) price of 1.35 US cents/kWh for the United Arab Emirates’ (UAE’s) largest 2 GW of the solar project. This 2 GW solar plant in Al Dhafra is expected to be completed during the second quarter of 2022 […] Read more
CERC Extends Validity of RECs till October 31, 2020 Updated On Tue, Apr 28th, 2020 by Saurenergy Power sector regulator CERC has ordered the extension of validity of Renewable Energy Certificates (RECs) till October 31, 2020. The Central Electricity Regulatory Commission (CERC) in its order stated that the validity of RECs which expired or are likely to expire between April 01, 2020, and September 30, 2020, is extended up to October 31, […] Read more
Discoms’ Dues to Gencos Surges 31% to Rs 92,674 Cr in Feb Updated On Tue, Apr 28th, 2020 by Saurenergy The outstanding dues of power distribution companies (Discoms) to power generation companies (Gencos) grew by 31.1 percent to Rs 92,674 crore in February 2020, which reflected the continued stress in the power sector. As per the Government of India’s PRAAPTI portal (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), Discoms […] Read more
Growatt among Top 10 Global PV Inverter Suppliers in 2019: Report Updated On Tue, Apr 28th, 2020 by Saurenergy With total shipments reached more than 126 GW (or 126,735 MW), the global photovoltaic (PV) inverter shipments grew by 18 percent in 2019 on a y-o-y basis, as said by the global energy research & consultancy firm. As per the new analysis done by Wood Mackenzie, or popularly known as WoodMac, the top 10 global […] Read more
Covid-19 Hurts ABB’s Q1 Results; Revenue Slips across Businesses Updated On Tue, Apr 28th, 2020 by Saurenergy Tech giant ABB has reported a significant drop in its first-quarter results of 2020 as its net income declined by 30 percent to USD 376 million on the back of coronavirus pandemic. The company’s net income remained at USD 535 million during the same period a year ago, ABB said in a statement. Further, it’s […] Read more
China’s Solar Additions for 2020 Likely to Decline by 6.6 GW: Report Updated On Tue, Apr 28th, 2020 by Saurenergy On the back of widespread coronavirus outbreak and its impact, China’s solar photovoltaic (PV) capacity additions for 2020 is expected to fall short by 6.6 GW against the earlier projections, said the data and analytics company. Earlier, Chinese solar PV capacity additions were projected at 40 GW for the current year, which is higher than […] Read more