India not doing enough to capture energy storage opportunity: Bridge to India Updated On Wed, Mar 15th, 2017 by Saurenergy India has barely woken up to the potential of electric vehicles or energy storage China is dominating the energy storage industry which has been so far led by Japanese and Korean manufacturers such as Panasonic, Samsung SDI and LG Chem said Bridge to India in a report. The country is using every trick like government […] Read more
Canadian Solar Signs PPAs with SECI to Develop 80 MWac Solar Power Projects in Maharashtra Updated On Tue, Mar 14th, 2017 by Saurenergy Canadian Solar was awarded these solar power projects under a 450 MWac solar capacity tender in the state of Maharashtra, through a competitive auction process. Canadian Solar has announced that it has secured Power Purchase Agreements for an aggregate 80 MWac of solar power projects with the Solar Energy Corporation of India (SECI). Canadian Solar […] Read more
Fortum, Futurice developing a new concept for solar energy companies in developing countries Updated On Tue, Mar 14th, 2017 by Saurenergy The solution for solar energy companies will be developed in an open innovation process by combining the resources and know-how of Fortum and Futurice Fortum and software agency Futurice are working on a new kind of cooperation that combines their expertise in solar energy and software design. The aim of the cooperation is to create […] Read more
Trina Solar announces the completion of its merger with Red Viburnum Company Limited Updated On Tue, Mar 14th, 2017 by Saurenergy As a result of the merger, Trina Solar ceased to be a publicly traded company and became a wholly-owned subsidiary of Fortune Solar Holdings Limited. […] Read more
India to become world’s third largest solar market in 2017: Report Updated On Tue, Mar 14th, 2017 by Saurenergy “India still maintain strong demand for PV products, it has the potential to overtake Japan to become the world’s third largest solar market by taking at least 14% of the year’s total PV demand.” Taiwan based market researcher firm, EnergyTrend in its new report forecasts India to become the 3rd largest solar market in the […] Read more
Vivint Solar Extends Aggregation Credit Facility Updated On Tue, Mar 14th, 2017 by Saurenergy This revolving credit facility has provided debt capital to Vivint Solar for new residential solar customers and projects until the company has aggregated the contractual cash flows from those systems into pools that support long term debt facilities Vivint Solar has extended the term of the availability period for borrowing under its aggregation credit facility […] Read more
Vivint Solar Appoints Colt Reid as Vice President Of Sales Operations Updated On Sat, Mar 11th, 2017 by Saurenergy Colt Reid in his new role at Vivint Solar, Reid will manage the company’s inside sales team along with a 75-person sales leadership team to drive sales innovation, account management and sales enablement efforts. Vivint Solar has appointed Colt Reid as vice president of sales operations. Colt Reid in his new role at Vivint Solar, Reid will […] Read more
57 Inter Regional Power Transmission projects worth Rs.7, 268 crores sanctioned under PSDF scheme: Piyush Goyal Updated On Sat, Mar 11th, 2017 by Saurenergy Presently the total transmission capacity of such inter regional links is 63650 MW (as on January, 2017) Union Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, recently in a written reply informed Lok Sabha that Inter Regional Transmission Corridors (IRTC) are planned and implemented for transfer of power from […] Read more
India’s Solar Module Manufacturers to Face Tough Competition in 2017 Updated On Fri, Mar 10th, 2017 by Saurenergy With solar module prices continuously declining globally, it is also weakening the domestic solar manufacturer’s ability to compete with imports. Solar module prices are expected to continue declining in 2017 as global supply continues to exceed demand. As the largest supplier and installer of solar module, China will continue to drive global pricing. The country’s […] Read more
