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
Rajasthan to Add 3,780 MW Solar Capacity by April Next Year Updated On Wed, Apr 18th, 2018 by Saurenergy “The current solar power generation is contributing 10 percent to the total power consumption in the state and we are targeting to increase it to 17 percent by 2021.” In order to achieve the goal of 7000 MW clean energy capacity in next four years in Rajasthan, the government has already assigned 20 projects of […] 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
Sweden to Boost Spending on Solar Energy Updated On Wed, Apr 18th, 2018 by Saurenergy Due to the high popularity of shifting to solar power there is a long waiting list of the people who want installation of solar panels with the support of the state. In the spring 2018 budget the Sweden government wants to boost the scheme supporting installation of solar energy by pumping in 16 million Euros […] Read more
Japan Researchers Develop Super-Thin Solar Cell Patches Updated On Wed, Apr 18th, 2018 by Saurenergy Researchers at Riken Research Institute and Toray Industries Inc. have developed photovoltaic cells that are just 3 micrometers think and can withstand temperature of about 100 degree Celsius without getting damaged. A super-thin organic solar cell that can be heat-printed onto clothes just like T-shirt designs has been developed by a group of Japanese researchers. […] 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
Azure Power Commissions 40 MW Project in Uttar Pradesh Updated On Tue, Apr 17th, 2018 by Saurenergy Under the agreement Azure Power will supply power to SECI for the period of next 25 years at the levelized tariff of Rs 4.92 per KW which is inclusive of Viability Gap Funding (VGF). India’s one of the leading power producers, Azure Power has announced the commissioning of a 40MW solar plant in Uttar Pradesh […] Read more
