SolarEdge Announces 2022 Financial Results; Revenues Up By 58% Updated On Wed, Feb 15th, 2023 by Saurenergy Smart energy technology provider SolarEdge Technologies has announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022 revealing high growth in revenues. Fourth Quarter Financial Results In the last quarter, SolarEdge reported revenue of over $890 million which is up 6% from $836 million in the prior quarter and […] Read more
Italy to Welcome Enel Green’s Solar Panel Gigafactory Updated On Wed, Feb 15th, 2023 by Saurenergy Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy. Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […] Read more
FTC Solar & Taihua New Energy Form JV to Produce Steel Components for Solar Projects Updated On Tue, Feb 14th, 2023 by Saurenergy FTC Solar, a US-based solar tracker manufacturer, has formed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects. The joint venture named Alpha Steel, will focus on manufacturing steel components, including torque tubes, for utility-scale solar projects in Sealy, Texas. Alpha Steel is expected to begin […] Read more
Dehradun is Home to North India’s First Solar-Powered Hydroponic Plant Updated On Tue, Feb 14th, 2023 by Saurenergy North India’s first solar-powered hydroponic plant has been inaugurated in Dehradun. With capacity at 71kw, the solar power plant sprawls to 6,000 square feet of area. It consists of 36 panels. Under these panels, 6000 vegetable pots can be positioned three feet above soil. This makes the plant extremely productive in nature. With the establishment […] Read more
Denham Capital Announces $200 Million for Solar Energy Generator Solops Updated On Tue, Feb 14th, 2023 by Saurenergy Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […] Read more
Fraunhofer ISE to be Technology Partner for Emmvee’s New Solar Cell Factory in Bengaluru Updated On Tue, Feb 14th, 2023 by Saurenergy PV modules maker and supplier Emmvee Group has announced that it has signed an MoU with Fraunhofer ISE which is the largest solar research institute in Europe. The MoU appoints Fraunhofer ISE as the solar technology partner of Emmvee for its upcoming solar cell manufacturing facility near Bengaluru. The official statement Emmvee held that the […] Read more
Employment in Solar & Wind Sector Rises Eight-Fold, New Study Points Updated On Mon, Feb 13th, 2023 by Saurenergy A joint report by three think tanks has revealed that the solar and wind energy sectors in India have added 52,700 new workforce in project development roles in the last financial year. This marks an eight-fold jump in the employment in this segment from financial year 2021. The new study is done by the Council […] Read more
China’s Solar Winners From 2022 Updated On Fri, Feb 10th, 2023 by Saurenergy As the largest solar energy producer in the world, China offers conducive conditions for the solar market. Last year, as installations surged worldwide, including almost 90 GW in China itself, Chinese suppliers of raw materials for solar panels emerged as the winners in the photovoltaic energy boom amidst rising prices. Reports say that some 31 […] Read more
America’s Ampliform To Employ Nevados Solar Tracker In Its Portfolio Updated On Fri, Feb 10th, 2023 by Saurenergy In a key development to step up RE expansion in the US, solar tracker company Nevados Engineering, Inc. has signed a strategic partnership and long-term agreement to supply its integrated technology platform of all-terrain solar trackers and energy optimization software to solar power projects developer Ampliform. Nevados said that Ampliform has standardized on the its […] Read more
