New Jersey Power Utility to Examine Nautilus Offshore Wind Power Project Plan Updated On Thu, Sep 6th, 2018 by Saurenergy The small-scale Nautilus Offshore Wind Power project, expected to be comprised of three wind turbines with a combined capacity of up to 25 megawatts (MW), is a crucial first step towards implementing the Offshore Wind Economic Development Act. The New Jersey Board of Public Utilities has officially accepted the application tendered by EDF Renewables and Fishermen’s Energy […] Read more
Jinko Solar’s Q2 Net Profit Jumps 2653% QoQ Updated On Tue, Sep 4th, 2018 by Saurenergy Jinko Solar’s net profit has shown an increase of 2653 percent over the previous quarter and 109 percent over the Q2 of 2017. Solar module shipments and revenues of Jinko Solar for Q2 of 2018 increased 38.7% sequentially to 2,794MW, mainly driven by continuous demand and new product launches. Significantly, Jinko Solar’s net profit has […] Read more
EU Exempts China from Import Restrictions; Mulls Restricting US Updated On Tue, Sep 4th, 2018 by Saurenergy EU’s move of withdrawing restrictions came in after Brussels and Beijing mull to be more defensive of the U.S solar markets being more cooperative in their own trade policies. European Union (EU)has lifted five-year old protectionism restrictions on solar panel imports from China paving way to protecting the domestic developers and manufacturers from the U.S. […] Read more
MSEDCL, MEDA Disagree over Solar Power Development Updated On Mon, Aug 27th, 2018 by Saurenergy MSEDCL’s sister concern Maharashtra Energy Development Agency (MEDA) has been in comprehensive support to the solar developments with deciding to provide a subsidy on solar power from 2018-19. Maharashtra’s state-run electricity distribution company MSEDCL has been reluctant in supporting the development of solar power in the state by proposing a surcharge to be levied on […] Read more
Viz-A-Viz with Saurabh Bhandari, Founder & CEO, SolarMaxx Updated On Mon, Aug 27th, 2018 by Saurenergy Q. To begin with can you give our readers a brief overview of SolarMaxx including the vision behind its formation and its current role in the market? SolarMaxx, established in 2008, is a leading manufacturer and supplier of high efficiency Solar PV Modules suitable for utility scale power plants as well as rooftop solar. SolarMaxx […] Read more
GAIL Seeks Shareowners’ Nod to Make Solar Power Plants Updated On Sat, Aug 18th, 2018 by Saurenergy GAIL has sought a nod to play an investor in start-ups and as a developer, in the prolific solar energy market. In order to diversify its portfolio beyond gas and petrochemicals, India’s largest natural gas processing and distribution company, Gas Authority of India (GAIL) has sought its shareholders’ permission to amplify its work profile beyond […] Read more
E.ON launches ‘Fix and Drive’ Tariff for EVs Updated On Thu, Aug 16th, 2018 by Saurenergy The consumers have to sign up with the company to avail the offer of a fixed unit price for which they will have to undertake free driving miles per year. Germany based leading electric utility service provider, E.ON has launched a rewarding tariff for the electric vehicle (EV) owners. The consumers have to sign up […] Read more
Global Solar Capacity to Reach 1 TW Mark by 2023 Updated On Thu, Aug 16th, 2018 by Saurenergy China, India and Japan will account for the biggest share in the development of the capacity according to Solar Market Outlook Update for Q2 released by GTM Research. Leading information services provider in next-generation electricity systems, GTM Research declares global solar capacity to surpass 1 terawatt mark by 2023. Surprisingly, China, India and Japan will […] Read more
Rooftop Solar Application rise by 500% in Australia Updated On Mon, Aug 13th, 2018 by Saurenergy Rising power prices and improved technology has led to 25 percent of domestic consumers to switch to some sort of solar application to help them with some household work. The country has enough sunlight to power all commercial buildings on just solar panels. In the past three years, there has been a 500% rise in […] Read more