SolarEdge Revenue Surges 82% at $209.9 Mn in Q1 Updated On Fri, May 11th, 2018 by Saurenergy Strong first quarter results with record revenues and record profitability, despite the traditional seasonal slowdown and continued industry wide components shortages, says Guy Sella. Israel-based inverter solutions provider SolarEdge Technologies reported its robust total revenue jumped by 82 percent at USD 209.9 million in the first quarter of 2018 from USD 115.1 million last year, and rose 11 […] Read more
SolarEdge Set to Enter Footprints in UPS Market via Gamatronic’s Acquisition Updated On Fri, May 11th, 2018 by Saurenergy The agreement is subject to customary closing conditions and is expected to close by the end of the second quarter of 2018. With an aim to move into the markets beyond solar arena, publicly listed PV inverter maker, SolarEdge Technologies will enter into the UPS market by signing an asset purchase agreement with Gamatronic Electronic […] Read more
Renewable Energy Industry Creates 5 Lakh New Jobs Globally Updated On Tue, May 8th, 2018 by Saurenergy In a recent report published by International Renewable Energy Agency (IRENA) titled ‘Renewable Energy and Jobs – Annual Review’, it says the 10 million mark was surpassed for the first time as the industry gave jobs to around 10.3 million in 2017. In a steep growth in 2017, renewable energy industry created over 500,000 new […] Read more
SkyPower to Build Uzbekistan’s First Solar Power Installation; To Pump Largest FDI Updated On Mon, May 7th, 2018 by Saurenergy “This historic partnership with UzbekEnergo and the government of Uzbekistan will bolster growth in the region and help establish Canadian expertise in this fast-growing sector,” said François-Philippe. Canada-based solar energy producer, SkyPower has signed a pact with Uzbekistan government to invest about $1.3 billion Foreign Direct Investment (FDI) in the country to build 1,000 MW of solar energy generation capacity throughout […] Read more
Benefits Slashed at Vermont for Renewable Energy Program Updated On Sat, May 5th, 2018 by Saurenergy “Renewable energy is flourishing in Vermont and has reached a level of maturity where it can continue to be deployed with lower incentives,” the commission said. A United States state, Vermont has decided to reduce the financial benefits for the customers who supply surplus power to the grid and get a credit on their electric bills. […] Read more
JA Solar to Supply 8.1MW High-Efficiency Mono PERC Modules in Brazil Updated On Sat, May 5th, 2018 by Saurenergy This project marks the country’s first ground-mounted utility-scale solar power plant to adopt PERC technology. Solar power products maker JA Solar Holdings will supply 8.1MW of its high-efficiency mono PERC modules to the first solar power plant utilizing PERC modules in Brazil. Located in Minas Gerais, this project marks the country’s first ground-mounted utility-scale solar power plant to […] Read more
Cox Enterprises Announces $25M Investment in Solar Industry Updated On Fri, May 4th, 2018 by Saurenergy The partnership project is a part of National Cox Conserves sustainability program that has long employed new sustainable technologies and programs to create both business ventures and environmental solutions. Cox Enterprises has announced that it has become the majority investor in a $25 million (M) partnership that created four solar farms in Georgia and Florida. […] Read more
Hanergy Launches New Thin-film Solar Powered ‘Humbrella’ Updated On Fri, May 4th, 2018 by Saurenergy The company would donate the first batch of a million RMB (USD 160,000) solar-powered umbrellas, or ‘Humbrellas’, to regions of Africa where electricity shortages routinely prevent children from having enough time for study. In a major move for the global mobile energy industry, Hanergy has launched its new product ‘Humbrella’, a thin-film solar powered umbrella providing clean, free and […] Read more
SolarEdge Launches Grid Services, Virtual Power Plant Solution Updated On Fri, May 4th, 2018 by Saurenergy It’s grid services offer aggregative control and data reporting enabling the pooling of PV and storage in the cloud for the creation of virtual power plants. Israel-based inverter solutions provider SolarEdge Technologies has launched an innovative solution for grid services and virtual power plants. The solution supports a new model of energy generation. It’s grid […] Read more
