Ayala Acquires Majority Stake in US Solar Tech Firm Updated On Tue, Feb 27th, 2018 by Saurenergy Merlin is highly complementary to various Ayala businesses, such as the renewable energy generation under AC Energy, says Jaime Augusto. Conglomerate Ayala Corporation has expanded its footprint in the solar energy by acquiring controlling stake in the Silicon Valley-based Merlin Solar Technologies Inc. In a disclosure to the Philippine Stock Exchange, Ayala said, the transaction […] Read more
M-KOPA Solar, Mastercard Join Hands for Pay-As-You-Go Solar Program Updated On Tue, Feb 27th, 2018 by Saurenergy M-KOPA will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach of its pioneering pay-as-you-go solar program. Mastercard, an American multinational financial services corporation, has entered into partnership with Kenyan pay-as-you-go solar provider M-KOPA to expand its solar energy provisioning to homes and businesses in Africa. At the Mobile World Congress both […] Read more
Kumbaya Officially Launches Solar-Powered ZeroXess Solution Updated On Mon, Feb 26th, 2018 by Saurenergy ZeroXess is an economically priced home energy and communication hub for collecting and distributing power to other devices. California-based Kumbaya Inc. has officially launched the solar-powered zeroXess platform for off-grid energy, connectivity and content from the floor of Mobile World Congress 2018 in Barcelona, Spain. The new zeroXess platform delivers solar-powered energy, connectivity and content […] Read more
S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering Updated On Mon, Feb 26th, 2018 by Saurenergy The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […] Read more
Six Flags Entertainment to Create Largest Solar Carport in North America Updated On Sat, Feb 24th, 2018 by Saurenergy The company has also plans for a nearly 7-megawatt system at Discovery Kingdom in Vallejo. As part of its green initiative, the US-based theme park company, Six Flags Entertainment Corporation is planning to boost solar capacity at two of its California parks, including Magic Mountain. Six Flags in partnership with JLL, a global professional services […] Read more
Redstone Arsenal Opens 10 MW Solar Project in the US Updated On Sat, Feb 24th, 2018 by Saurenergy The project started its construction a year and a half ago. The panels stretch across 114 acres and will save an estimated $80,000 per year. Redstone Arsenal, a United States Army post welcomed its solar energy and battery storage project. The project started its construction a year and a half ago. The panels stretch across […] Read more
First Solar Net Loss Narrows to $432.45 Mn in Q4 Updated On Fri, Feb 23rd, 2018 by Saurenergy Its net sales in Q4 were $339 million, a decrease of $748 million from the previous quarter on the back of lower systems and third-party module sales. Comprehensive PV solar systems provider, First Solar, Inc. has reported that its net loss narrowed to $432.45 million, or $4.14 per share, in the fourth quarter of 2017. […] Read more
Canadian Solar Sells 142MWp Solar Assets to UK’s Greencoat Updated On Fri, Feb 23rd, 2018 by Saurenergy The 24 solar power plants will generate approximately 142,000 MWh of clean energy annually, sufficient for approximately 46,000 UK households and will reduce CO2 emissions by 56,800 tons per year. Canadian Solar has announced that it has completed the sale of a 142MWp solar portfolio to UK renewable energy investor Greencoat Capital LLP The solar […] Read more
Sunnova Expands Residential Solar Service Offerings into Nevada Updated On Thu, Feb 22nd, 2018 by Saurenergy Sunnova will give customers in Nevada the opportunity to customize and either own their systems, through Sunnova’s EZ Own plan, or purchase the power generated by the solar system through its EZ Pay PPA or PPA solar plans. Sunnova Energy Corporation, a leading U.S. residential solar and energy storage provider has announced that it will […] Read more
