Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance Updated On Mon, Dec 9th, 2024 by Saurenergy China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […] Read more
CERC Relents, Allows GST Compensation On O&M Expenses To Azure Power, Others Updated On Mon, Nov 28th, 2022 by Saurenergy In a key development, the Central Electricity Regulatory Commission (CERC) has finally relented, and ruled in favour of GST compensation for a clutch of developers in seven cases (5 of which involve Azure Power owned entities). The issue has been contested around the treatment of GST on O&M (Operations and maintainence) contracts of solar projects […] Read more
SolarEdge to Acquire S.M.R.E. Spa Updated On Mon, Jan 7th, 2019 by Saurenergy The company has more than fifteen years of experience developing end-to-end e-mobility solutions for electric and hybrid vehicles. SolarEdge Technologies a global leader in smart energy, has announced its entry into a definitive agreement to acquire S.M.R.E Spa. SMRE provides innovative integrated powertrain technology and electronics for electric vehicles. Founded in 1999 SMRE has three […] Read more