SPI Energy enters into share purchase agreements with existing shareholders of over $57 Million Updated On Wed, May 11th, 2016 by Saurenergy SPI Energy has announced its entry into share purchase agreements (SPA) with existing shareholders and certain members of its management team, to purchase an aggregate of 75,990,000 ordinary shares of the Company at a price of USD 0.759 per Share (USD 7.59 per ADS), for a total consideration of US$57.68 million. The Shares are being […] Read more
TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
GreatWall Energy announces availability of the Satcon Equinox 750kW inverters with Ampt Mode Updated On Tue, May 10th, 2016 by Saurenergy China Electronics GreatWall Energy has announced the availability of the Satcon Equinox 750kW inverters with Ampt Mode. These inverters with Ampt String Optimizers lowers the total system cost and improve lifetime system performance said the company. The Equinox inverter platform comes with industrial-grade engineering and a rugged design with advanced utility-ready features. With Ampt Mode […] Read more
36 CPSUs has committed to develop 18,988 MW of Renewable Energy projects: Piyush Goyal Updated On Tue, May 10th, 2016 by Saurenergy Minister of State (IC) for Power, Coal & New and Renewable Energy, Piyush Goyal on Tuesday said while framing the Scale-up Plan for 1, 00,000 MW of Grid Connected Solar Power by the year 2022, it was envisioned that the Public Sector Undertakings will contribute around 10,000 MW of Grid Connected Solar Power. Goyal in […] Read more
Construction Machinery Giant – Caterpillar forays into the Solar Storage and Microgrid Business Updated On Tue, May 10th, 2016 by Saurenergy Caterpillar – a known name in construction machinery and generators has forayed into the storage and microgrid markets which combine solar PV and energy storage with the company’s power generation equipment. Bringing along a years of experience in power generation –both in provider of generators and power projects, the company has acceptably sneaked into the […] Read more
Mangalore Urban Development Authority installs rooftop solar power unit on its building Updated On Tue, May 10th, 2016 by Saurenergy The Mangalore Urban Development Authority (MUDA) has commissioned rooftop solar power unit on its building. With the installation of solar power unit MUDA building has become the second building in the state to use green energy. The facility was inaugurated by J.R. Lobo, MLA and Ivan D’Souza, MLC in presence of MUDA Chairman Kodijal Ibrahim. […] Read more
JA Solar starts mass production of PV panels at its newest manufacturing facility in Xingtai, China Updated On Tue, May 10th, 2016 by Saurenergy JA Solar Holdings has announced that it has started mass production of high performance PV panels at its newest module manufacturing facility in Xingtai, Hebei province, China. The new manufacturing facility of JA Solar is located in the Economic Development District of Xingtai city, has an annual capacity of 1.5 GW with fully automated assembly […] Read more
Enphase Energy’s Enphase AC Battery is now available in Australia and New Zealand Updated On Mon, May 9th, 2016 by Saurenergy Enphase Energy has announced that Enphase AC Battery is now available from authorized distributors and accepting orders from installers in Australia and New Zealand. The first global shipment is expected to arrive in Australia in August this year. Company’s partner network of over 1,000 installers located in the region will be the first in the […] Read more
Martifer Solar signs DA with Canadian Solar for a 63MW PV plant project in Mexico Updated On Mon, May 9th, 2016 by Saurenergy Martifer Solar and its JV MIRE partners have signed a Development Agreement with Canadian Solar for a 63MW solar power project in Aguascalientes, Mexico. The joint venture formed by Martifer Solar Sistemas Solares, S.A., Energía ECG, S.A.P.I de C.V. and Ithaca Environmental Ventures Limited to develop projects in Mexico. MIRE began the development of this […] Read more