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
SECI Issues Tender for 5 MW Solar PV Plant at Chidambaranar Port Updated On Fri, May 4th, 2018 by Saurenergy The successful contractors have to take responsibility of comprehensive operation & maintenance of the plant for 10 years. In the southern state of Tamil Nadu, Solar Energy Corporation of India (SECI) has come up with a tender to develop a 5 MW grid connected solar photovoltaic (PV) project. The contractors are sought for engineering procurement […] 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
Ideal Energy Picks NEXTracker’s NX Flow for Solar-plus-Storage System in Iowa Updated On Wed, May 2nd, 2018 by Saurenergy The project will be built on University land and after completion it is projected to be one of the largest solar-plus-storage power plants in the state, producing enough energy to cover nearly a third of the University’s annual electricity usage. Iowa-based Ideal Energy has selected NEXTracker NX Flow integrated solar-plus-storage system for its 1.1 MW power plant at […] Read more
Sungrow to Expand Footprints via 3 GW Prod Unit in India; First Outside China Updated On Wed, Apr 25th, 2018 by Saurenergy The move has come as the company aimed to strengthen its global delivery capability by establishing a new factory. China-based solar inverter supplier, Sungrow will set-up its new 3 GW production factory of central and string inverters in Bangalore, India. The company’s most of its production facilities are based in China and its Bangalore facility will be the […] Read more
TBEA Xián Electric Organises Smart PV Technology Exchange Conference in Delhi Updated On Sat, Apr 14th, 2018 by Saurenergy The move has come as the company has started a global initiative of conducting technology exchange conferences across India for spreading technology awareness. China-based PV-inverter maker TBEA Xián Electric Technology has successfully organised its first ‘TBEA Smart PV Technology Exchange Conference’ in India on April 6, 2018, at IBIS New Delhi Aerocity. The move has […] Read more
Freyr Energy Completes First of its Kind 640 KW Solar Rooftop Projects in Manipur Updated On Wed, Apr 4th, 2018 by Saurenergy The project also includes one of the largest off-grid 100 KW battery system in Manipur’s Central Agriculture University. Hyderabad-based solar solutions provider Freyr Energy has completed the 640 KW solar rooftop projects in Manipur including one of the largest off-grid 100 KW battery system in Manipur’s Central Agriculture University. The inverter maximizes solar power generation and […] Read more
NREL Analysis Presents Two Potential Paths to Meeting Residential Solar Cost Reduction Targets for 2030 Updated On Tue, Apr 3rd, 2018 by Saurenergy Leveraging cost-reduction opportunities in the roof replacement or new construction markets for residential photovoltaic (PV) installations could help the United States meet the U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO) residential solar photovoltaic cost target by 2030, according to new research from the National Renewable Energy Laboratory (NREL). The NREL analysis presents […] Read more
