sPower Connects its Largest Solar Project to the Grid Updated On Tue, Dec 20th, 2016 by Saurenergy sPower and the California Department of Water Resources (DWR) has announced commencement of commercial operations of the 107 megawatt (MWdc) Solverde 1 solar farm. The project is located in the City of Lancaster, Calif., in northern LA County. sPower installed more than 330,000 solar modules with a peak construction crew of 250 plus workers. The […] Read more
First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects Updated On Tue, Dec 20th, 2016 by Saurenergy Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […] Read more
Pika Energy’s B Link (B301c) battery converter receives ETL listing to the UL-1741 standard Updated On Tue, Dec 20th, 2016 by Saurenergy Pika Energy has announced that its B Link (B301c) battery converter has received ETL listing to the UL-1741 standard for power converters. With the listing of the B Link converter, all of the products in the Pika Energy Island product suite are now UL-listed and shipping to solar installers and OEM partners. The Pika Energy Island […] Read more
Rural Development Minister Kimidi Mrunalini asks farmers to use solar pumps Updated On Tue, Dec 20th, 2016 by Saurenergy Rural Development Minister Kimidi Mrunalini has asked farmers to use solar pumps and stressed on the use of solar devices for energy conservation reports The Hindu. The Minister flagged off a rally taken out by students of various colleges on Monday. The rally was organized as part of ongoing energy conservation week celebrations. Farmers would […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
Emails reveal Tata trustees had a role in Welspun deal structuring Updated On Tue, Dec 20th, 2016 by Saurenergy Email records, which were part of the supporting documents, submitted by Tata Sons Ltd’s former chairman Cyrus P. Mistry to shareholders ahead of extraordinary general meetings (EGMs) of Tata companies reveals that Tata Trusts trustees had a role in Welspun deal structuring. According to Livemint in July this year the office of Noshir Soonawala, a […] Read more
Vivint Solar appoints David Bywater as CEO of the company Updated On Tue, Dec 20th, 2016 by Saurenergy Vivint Solar has announced that David Bywater has been appointed as chief executive officer of the company by the board of directors. Bywater has been acting in the role of interim CEO of Vivint Solar since May 2, 2016. Bywater brings with him more than 20 years of management experience to Vivint Solar. “We strongly […] Read more
8point3 Energy Partners Declares 3.5 Percent Increase in Quarterly Distribution Updated On Tue, Dec 20th, 2016 by Saurenergy 8point3 Energy Partners announces that the Board of Directors of its general partner declared a cash distribution for its Class A shares of $0.2490 per share for the fourth quarter of 2016. This represents an increase of approximately 18.7 percent over the minimum quarterly distribution and an increase of 3.5 percent over the previous quarter’s […] Read more
Canadian Solar Secures USD 62.8 million Refinancing For 50 Megawatts Solar Power Projects Updated On Mon, Dec 19th, 2016 by Saurenergy Canadian Solar has secured GBP 49.3 million (US$62.8 million) non-recourse term loan facilities to refinance a portfolio of 10 solar power plants, with total capacity of 50 megawatts in the United Kingdom. National Westminster Bank (NatWest), a subsidiary of RBS Group, is providing the 18.7-year term facility. Part of the proceeds will be used to […] Read more
