PNM to Add 100MW of Solar in New Mexico to Serve Facebook Data Center Updated On Sat, Oct 20th, 2018 by Saurenergy PNM Resources’ (NYSE: PNM) New Mexico utility, PNM, received approval on Wednesday from the New Mexico Public Regulation Commission (NMPRC) to purchase 100 megawatts of solar generation from NM Renewable Development, LLC (NMRD) in order to continue serving the Facebook data center in New Mexico with 100 percent renewable energy. This addition supports the goal to achieve a more […] Read more
New Material, Manufacturing Process use Sun’s Heat for Cheaper Renewable Electricity Updated On Sat, Oct 20th, 2018 by Saurenergy Solar power accounts for less than 2 percent of U.S. electricity but could make up more than that if the cost of electricity generation and energy storage for use on cloudy days and at nighttime were cheaper. A Purdue University-led team developed a new material and manufacturing process that would make one way to use solar power […] Read more
D. E. Shaw Renewable Investments Acquires Willow Springs Project from First Solar Updated On Thu, Oct 18th, 2018 by Saurenergy 100MWAC project adds to DESRI’s portfolio of PV assets First Solar, Inc. (Nasdaq: FSLR) and D. E. Shaw Renewable Investments, L.L.C. (DESRI) today announced the acquisition by a DESRI affiliate of the 100 Megawatt (MW)AC Willow Springs Solar Project in Kern County, California. Terms of the deal were not disclosed. The project, which was developed by First […] Read more
Trina Solar Supplies 123 MW PV Modules to Ukraine’s Largest Solar Power Plant Updated On Tue, Oct 16th, 2018 by Saurenergy The power station is expected to be completed in early 2019 and be connected to the grid in March. Chinese solar giant Trina Solar has delivered 123 MW of PV modules to a PV power plant project developed by DTEK, the largest private energy company in Ukraine. After completion, the project will become the largest PV […] Read more
Hanwha Solar to Acquire Hanwha Q CELLS for $825 Mn Updated On Tue, Oct 16th, 2018 by Saurenergy As per the deal, the company will be acquired by Hanwha Solar in an all-cash transaction implying an equity value of the company of approximately USD 825 million. Solar PV modules maker Hanwha Q CELLS has entered into a definitive plan of merger with Hanwha Solar Holdings, a subsidiary of Hanwha Chemical Corporation. As per the […] Read more
Titan Solar Power Joins Hand with Silfab for High Efficiency Modules Updated On Fri, Oct 12th, 2018 by Saurenergy Silfab is also providing strategic sales support to Titan, Williamson further added. North America’s one of the leading PV module maker Silfab Solar has entered into a new partnership with PM&M Electric, doing business as Titan Solar Power, to deliver its high-efficiency solar panels. Titan Solar’s initial commitments includes the Silfab 300w and 320w modules, […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
Sterling and Wilson to Strengthen Footprints in Kazakhstan; Mulls 200MW Solar Projects Updated On Thu, Oct 11th, 2018 by Saurenergy The country is working to increase the share of renewable energy in electricity generation, which is expected to reach 3 percent by 2020 and 10 percent by 2030. One of the leading solar EPC solutions providers Sterling and Wilson has planned to strengthen its footprints in Kazakhstan. The company is targeting a CPE (electrical performance […] Read more
KDC Solar Kicks off 23.5MW PV Plant Construction in New Jersey Updated On Wed, Oct 10th, 2018 by Saurenergy After completion, this project will be the largest net metered solar installation in New Jersey. Owner, operator and developer of solar power facilities, KDC Solar has begun construction on a 23.5MW solar photovoltaic (PV) system in Jackson, New Jersey. After completion, this project will be the largest net metered solar installation in New Jersey. Also, this […] Read more