Trina Solar’s Module Shipments Total 140 GW, 210mm Modules Cross 65 GW Updated On Mon, May 1st, 2023 by Saurenergy In its recently pusblished full year 2022 and Q1 2023 financial results report, Chinese photovoltaics firm Trina Solar has said its annual revenue stands at $12.645 billion (RMB 85.052 billion), seeing an increase of 83.41% on 2021. The main businesses of the firm, including PV products, PV system and smart energy all registered strong growth. […] Read more
SECI Records 59% Rise in RE Power Trading, Revenue Crosses Rs 10,000 Cr For The First Time Updated On Mon, Apr 24th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) Monday said it recorded a 59 percent jump in the renewable energy power trading volume in Financial Year 2022-23. The arm of the Ministry of New and Renewable Energy (MNRE), in a media release, said that it traded over 35 Billion Units (BU) during the period. It also reported […] Read more
Shakti Pumps Starts Operations in Uganda To Supply Solar Pumps Updated On Wed, Apr 19th, 2023 by Saurenergy Shakti Pumps (India) Limited, of the critical Indian stainless steel submersible solar pump manufacturers, has now announced the commencement of its operations in Uganda. The company has also opened its office in the country to coordinate its expanding business better. Indian External Affairs Minister S Jaishankar, Ramesh Patidar, Executive Director of Shakti Pumps, and other […] Read more
LONGi Continues Expansion Drive with New Solar Cell Plant with USD508 Mn Investment Updated On Tue, Apr 11th, 2023 by Saurenergy Maker of monocrystalline solar wafers, Longi Green Energy Technology has revealed that it will invest CNY 3.5 billion (USD508 million) towards the establishment of a new photovoltaic cell factory. This is with a vision to augment the firm’s high-efficiency battery output. The new unit is to be established in Tongchuan, northwestern Shaanxi province. It will […] Read more
Solar EPC Prozeal Infra Pockets $4 Million Series A Funding Updated On Tue, Apr 4th, 2023 by Saurenergy Ahmedabad-based Solar EPC firm Prozeal Infra Engineering Private Limited has announced their first round of funding led by Chandrakant Gogri’s family office arm – Alchemie Ventures. The $4 Million (approx. INR 32.5 Crore) investment is for a minority stake at an undisclosed valuation. The funds will be used to scale operations and execute developer-model projects […] Read more
We want to expand solar panel manufacturing capacity to 1.2 GW, cell manufacturing to 500 MW: Manish Gupta, Insolation Energy Updated On Tue, Mar 28th, 2023 by Saurenergy Jaipur-based solar panel manufacturing firm, Insolation Energy Ltd (INA Solar) has secured an ECB (External Commercial Borrowing) for USD 2.5 million. The Founder & Chairman of Insolation Energy, Manish Gupta, tells Saur Energy how the funding will give an impetus to the firm. Tell us about the USD 2.5 million subsidised funding that Insolation Energy […] Read more
Israel’s Airtouch Solar In Agreement with ACME Group For Bigger India Push Updated On Thu, Mar 23rd, 2023 by Saurenergy Airtouch Solar has deepened its operations in India by signing a multi-year transaction of close to 4 million USD with India-based ACME Group. The agreement will pave tthe path for the supply and maintenance of Airtouch’s solar panel cleaning robots. ACME is a leading solar developer in India and has diversified into Green Hydrogen and […] Read more
EDF Renewables to Supply 117 MWac of Solar Energy to California Utility Updated On Thu, Mar 23rd, 2023 by Saurenergy Renewable energy giant EDF Renewables North America has announced a 20-year PPA with Southern California Public Power Authority (SCPPA) for the energy and renewable attributes related to the 117 MWac/148 MWdc Sapphire Solar project. EDF Renewables said that Sapphire Solar is guaranteed to begin delivery of carbon-free electricity to SCPPA’s Participating Members – Anaheim, Pasadena […] Read more
Canadian Solar Reports Net Income of $240 Million, Module Sale of 21.1 GW in 2022 Updated On Wed, Mar 22nd, 2023 by Saurenergy Global solar manufacturer Canadian Solar Inc. has announced its financial results for the fourth quarter and full year ended December 31, 2022. With regards to the fourth quarter of 2022, Canadian Solar said that it witnessed a 68% increase in solar module shipments year-over-year to 6.4 GW which was above guidance range of 6 GW […] Read more