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
Green Energy Association Mulls to Move SC Against APTEL Order on RECs Updated On Mon, Apr 16th, 2018 by Saurenergy Last week, the Appellate Tribunal for Electricity (APTEL) had rejected the petition of Green Energy Association and other similar pleas against the CERC’s order. Industry body Green Energy Association is planning to move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. The Green […] Read more
Scientists Develop New Production Concept to Cut BIPV Modules Cost by 35% Updated On Mon, Apr 16th, 2018 by Saurenergy A flexible, yet cost-competitive, BIPV production that also accommodates the various needs of architects, module producers and system integrators at the same time is now possible, said Stefan Sellner. Building-integrated photovoltaics (BIPV) places high demands on solar PV module design. In the BIPV-Fab project, the equipment manufacturer SCHMID and the Fraunhofer Institute for Solar Energy […] Read more
RK Singh Lays Foundation Stone for Solar PV Module Mfg Plant in Gaya Updated On Mon, Apr 16th, 2018 by Saurenergy This plant will be the first of its kind in Bihar and will be entirely owned and operated by local women Self Help Group (SHG) Federations. The Power and New & Renewable Energy Minister RK Singh has laid the foundation stone (remotely) for a solar photovoltaic (PV) module manufacturing plant in Sherghati block of Gaya […] Read more
