Colbun Kickstarts its First 9MW Solar Plant in Ovejeria Updated On Wed, Aug 8th, 2018 by Saurenergy The solar park constituted of photovoltaic solar panels is company’s first solar power facility. The plant comprises 30,000 PV panels, each with watt tracker. Chile based Power Company, Colbun has started the commercial operations of its 9MW solar plant in Ovejeria. Further, the plant is made in 18 hectare land in the Tiltil commune of […] Read more
NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty Updated On Tue, Aug 7th, 2018 by Saurenergy The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […] Read more
Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio Updated On Sat, Aug 4th, 2018 by Saurenergy The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […] Read more
Utah’s Vivint Solar to Bring Low-Cost Solar Panels to Illinois Updated On Fri, Aug 3rd, 2018 by Saurenergy Marking the company’s first expansion into the Midwest region, Vivint Solar plans to create over 100 jobs in the state within the year. Utah based residential solar solutions provider, Vivint Solar plans to expand availability of its affordable residential solar energy systems into Illinois, with services beginning in the greater Chicago area. Marking the company’s […] Read more
SolarEdge Q2 Net Income Jumps 53% YOY Updated On Fri, Aug 3rd, 2018 by Saurenergy SolarEdge reported record revenues of $227.1 million, up 8% from $209.9 million in the prior quarter and up 67% from $136.1 million year over year. SolarEdge Technologies, a global leader in smart energy, revealed net income at USD34.6 million, down 3 percent from USD35.7 million in the prior quarter and up 53 percent from USD22.5 million year […] Read more
Trina Vends Solar Modules to the Largest Private PV Project in Vietnam Updated On Thu, Aug 2nd, 2018 by Saurenergy Costing upto US$ 220 million, the Trina project is expected to play a key role in the country’s transformation to renewable energy. Chinese solar panel manufacturer, Trina Solar (TSL) has revealed that it supplies 258MW Monocrystalline PERC double glass modules to the largest private solar photovoltaic (PV) project in Vietnam. The project scheduled to be completed […] Read more
Greenrays Kicks Off 200kwp Solar Rooftop Plant with Net-Metering at Navi Mumbai Updated On Tue, Jul 31st, 2018 by Saurenergy Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. Mumbai based Greenrays Enersol has successfully commissioned 200 kWp roof top solar plant for a High tension (HT) customer at Navi Mumbai. Moreover, the plant also received net-metering sanction from Maharashtra State Electricity Distribution Company (MSEDCL) […] Read more
SolarEdge Stretches Lawsuit against Huawei in Germany for Breaching ‘Patent of Addition’ Updated On Tue, Jul 31st, 2018 by Saurenergy Among other fiscal damages, SolarEdge Technologies seeks lawful orders to recall the cease of Huawei power optimizers from the German markets. SolarEdge Technologies, a global leader in smart energies, has extended its lawsuit pending in the Mannheim District Court, Germany, against Huawei Technologies and connecting firms by asserting two additional patents related to its power […] Read more
LONGi Solar Inks $600 Mn Pact with American Firm Updated On Wed, Jul 25th, 2018 by Saurenergy This is another solid step LONGi Solar has taken as a global leading monocrystalline module maker in its overseas deployment. LONGi Solar said that it has signed a USD 600 million contract with an American company to sell high-efficiency monocrystalline modules in the United States. This is another solid step LONGi Solar has taken as […] Read more