SJVN Inks MoU with Govt; Will Strive to Achieve 9,200 mn Units in FY19 Updated On Fri, Apr 20th, 2018 by Saurenergy As per the targets set in the MOU, the company shall strive to achieve 9,200 million units generation during the year under ‘Excellent’ category. SJVN, a Mini Ratna company, has signed a Memorandum of Understanding (MoU) with Ministry of Power, Govt. of India in Delhi for the financial year 2018-19. As per the targets set […] Read more
MicroLink Devices Hits 37.75% Solar Cell Power Conversion Efficiency Updated On Fri, Apr 20th, 2018 by Saurenergy The device performance was officially certified by the National Renewable Energy Laboratory (NREL) and tested under the industry standard air mass 1.5 global (AM1.5G) simulated 1-Sun solar spectrum. US-based solar products maker MicroLink Devices has achieved 37.75 percent power conversion efficiency from a three-junction epitaxial lift-off (ELO) thin-film solar cell. The company said that, the […] Read more
NTPC to Quit 50:50 JV with BHEL for Mfg Power Equipments Updated On Thu, Apr 19th, 2018 by Saurenergy The JV’s first manufacturing facility at Mannavaram in Chittoor district of Andhra Pradesh started operations in 2016 but had very little orders. NTPC Ltd, formerly known as National Thermal Power Corporation Ltd, has decided to quit its 50:50 Joint Venture (JV) with BHEL, by saying it is not an equipment manufacturer and would rather concentrate on setting up and […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
SunPower Acquires US Rival SolarWorld Americas Updated On Thu, Apr 19th, 2018 by Saurenergy The company will inject fresh capital into the SolarWorld Americas facility and implement leading-edge, high-efficiency P-Series solar panel manufacturing technology. SunPower has acquired 100 percent of the Hillsboro, Oregon-based SolarWorld Americas, a leading American manufacturer of solar panels. However, the purchase price was not disclosed by the company. The company will inject fresh capital into the […] Read more
Ensync Energy Sells 20-Yr PPA with HPU to Undisclosed Investor Updated On Wed, Apr 18th, 2018 by Saurenergy This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. EnSync Energy Systems has sold its 20-year Power Purchase Agreement (PPA) with Hawai’I Pacific University (HPU) to an undisclosed investor. This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. Further, the PPA will provide HPU’s Aloha Tower […] Read more
Ares EIF to Buy Majority Stake in Conti Solar Updated On Wed, Apr 18th, 2018 by Saurenergy Conti Solar has received strategic investment from a fund managed by Ares EIF, the power and energy infrastructure strategy in the Private Equity Group at Ares Management. Private Equity firm Ares EIF has acquired majority ownership stake in Conti Solar, previously a wholly-owned subsidiary of The Conti Group. Further, Conti Solar has received strategic investment […] Read more
US DOE to Pump $105.5 mn to Advance Solar Technologies Updated On Wed, Apr 18th, 2018 by Saurenergy The US Secretary of Energy Rick Perry had announced this major funding opportunity to advance solar technologies and improve and expand the solar workforce. The United States Department of Energy (US DOE) will disburse up to USD 105.5 million in new funding to support innovative solar research. The US Secretary of Energy Rick Perry had announced this major […] Read more
Canadian Solar Sells Brazil’s Guimarania Project to Global Power Generation Updated On Wed, Apr 18th, 2018 by Saurenergy The project, located in the state of Minas Gerais in Brazil, is under construction and expected to reach commercial operation in the fourth quarter of 2018. Solar PV modules maker Canadian Solar has sold its interest in the 80.6 MWp Guimarania solar energy project in Brazil to Spanish firm Gas Natural Fenosa’s arm Global Power Generation. The project, […] Read more
