SolarEdge Earns $431.5 M Revenues from Solar in Q2 FY21 Updated On Wed, Aug 4th, 2021 by Saurenergy SolarEdge, an Israel-headquartered photovoltaics company, has announced its financial results for the second quarter ended June 30, 2021. The company reported $431.5 million of revenues from the solar segment, up 39% from $310.1 million in the year-ago period. “We are happy to finish the second quarter of 2021 with record revenues in both our solar and non-solar businesses […] Read more
India’s Solar and Wind Generation in Q1, 2021, Versus Q1, 2020 Results for Solar, Wind Generation Updated On Tue, Aug 3rd, 2021 by Saurenergy We believe it is time the focus on solar and wind shifted to generation, not just capacity building. Because generation is eventually what matters, what contributes to carbon emissions reductions. And yes, finally, dependable data on the subject is available, thanks to the much more timely CEA, as well as options like the India Renewables […] Read more
Madhya Pradesh Tenders for 225MW Solar Projects Under PM KUSUM Updated On Tue, Aug 3rd, 2021 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids for the selection of developers for implementation of approximately 225 MW(AC) grid-connected solar power plants connected to selected 33/11 kV substations under the PM KUSUM program at various locations in Madhya Pradesh. The project size to be installed per substation is 500 kW to 2 […] Read more
Corporates Almost Match Utilities As Solar Installs Hit New High In the US Updated On Tue, Aug 3rd, 2021 by Saurenergy A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […] Read more
Rihand Floating Solar Project Hobbles Ahead, With UPERC Approval On Tariffs Updated On Tue, Aug 3rd, 2021 by Saurenergy Plans for a floating solar project, totaling 150 MW on the Rihand reservoir (linked to Rihand Dam) have finally crossed an important milestone, with the UPERC (Uttar Pradesh Electricity Regulatory Commission) finally approving the same, although not without some mild admonitions to SECI. The order was dated July 30, 2021, and uploaded later to the […] Read more
The 7-Point Checklist Before You Finalize Your Rooftop Solar System Updated On Mon, Aug 2nd, 2021 by Saurenergy Solar power is still considered new in India. It was in 2010 when Government of India launched National Solar Mission (NSM) as a key initiatives with an aim to promote sustainable ecological growth while solving for country’s energy security. From 1.2 GW in 2012 to 40 GW in 2021, Solar Energy in India today is […] Read more
Russian Scientists Develop New Desalination Tech Using Solar Energy Updated On Mon, Aug 2nd, 2021 by Saurenergy Russia’s Ural Federal University (UrFU) power engineers have developed a new desalination technology, which is expected to significantly reduce the cost of desalination and quadruple the volume of production. The results of the research are published in the journal Case Studies in Thermal Engineering. Desalination plants deserve, and have attracted research efforts because of their […] Read more
Key Policy Challenges To a Thriving C&I Market for Solar In India Updated On Mon, Aug 2nd, 2021 by Saurenergy The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […] Read more
Trade-led Solar PV Deployment Likely to Create 40 M Jobs by 2050: Study Updated On Mon, Aug 2nd, 2021 by Saurenergy A new joint report by International Renewable Energy Association (IRENA) and World Trade Organisation (WTO) examines how trade policies can support cost reductions, deployment of components & job creation in the solar PV sector. The report entitled “Trading into a Bright Energy Future: The Case for Open, High-quality Solar Photovoltaic Markets” finds, among other things, that trade-led solar […] Read more